Contract Manager (United Kingdom)
Contract Manager (United Kingdom)

Contract Manager (United Kingdom)

Full-Time 36000 - 60000 £ / year (est.) Home office possible
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At a Glance

  • Tasks: Manage contracts from start to finish, ensuring compliance and smooth operations.
  • Company: Join Magnit, a leader in workforce management with over 30 years of experience.
  • Benefits: Enjoy remote work, growth opportunities, and a collaborative team culture.
  • Why this job: Make a real impact while working with passionate colleagues in a dynamic environment.
  • Qualifications: Bachelor’s degree and 3-5 years in contract management required; staffing industry experience is a plus.
  • Other info: This role is fully remote within the UK, promoting diversity and inclusion.

The predicted salary is between 36000 - 60000 £ per year.

Magnit is the evolution of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnit’s integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success.

The Contracts Manager proactively manages all aspects of the contracting process and lifecycle for supplier and client related contracts. This role requires full contract administration responsibilities, including drafting, negotiating and administering contracts between Magnit and its suppliers and clients. This position will also ensure contract templates, RFPs, client implementations, projects, reports, and other departmental functions are accurately maintained and run seamlessly.

Additionally, the Contracts Manager will collaborate with management and advise as to the company’s contractual rights and obligations, to solve complex problems, and maintain negotiation and certification records. This role requires giving his/her team the support needed on negotiations, contractual terms and obligations, as well as other agreed upon deliverables. The Contracts Manager will maintain the department and company’s operational performance standards, quality work product in an efficient manner, and departmental initiatives.

What You Will Need

  • Provide support on various new compliance reporting/data tracking requirements.
  • Uphold Magnit’s principles, business controls, ethics, policies and procedures and professional standards.
  • Serve as a key member of the contract review team with an emphasis on ensuring compliance with Magnit’s established policies, procedures, and tolerances and communicate non-conformance or areas of risk to management.
  • Analyze contract requirements and determine use of appropriate contract structures/terms.
  • Proven ability to manage high-value and high-complexity contracts in various industries (e.g. procurement, staffing, technology and commercial contracts).
  • Provide key support for development and creation of new client contracts, independent contractor contracts, and staffing agency contracts for various international locations, which includes being responsible for the entire contract lifecycle, where applicable.
  • Lead contract negotiations with clients, payrolled workers, independent contractors, and staffing agencies ensuring that compliance is achieved and consistency of contractual obligations are met.
  • Responsible for reviewing, modifying, and finalizing all on-boarding/off-boarding documents (i.e., background screening/drug testing release forms, client policies and procedures, etc.).
  • Draft and finalize amendments to the client, independent contractors, payroll workers, and suppliers, as needed.
  • Collaborate with internal business partners including Sales, International Services, Client Services, and Implementation teams to meet customer deliverables and deadlines.
  • Provide support and feedback for the development and implementation of international department processes and procedures.
  • Assist with mentoring junior staff and departmental training including but not limited to: the contract process, complex legal issues, and international contracts.
  • Provide ongoing support to the department/company including but not limited to leading special projects, reporting, distribution of contract templates to sales, SOP updates, etc.
  • Update departmental client reports, as needed.
  • Collaborate with the management team to support the development and implementation of the operational infrastructure designed to accommodate the business’ growth objectives.
  • Deliver superior quality results with a continuous view of strategic objectives.
  • Continually meet contractual service levels and maintain compliance with other contractual requirements.

What You Will Need

  • Bachelor’s degree in law, Business Administration or related field.
  • Fluent in English at a professional business level.
  • Demonstrated proficiency in Word and Excel.
  • Familiarity with international contract law and global compliance standards.
  • Experience in the staffing industry is advantageous.
  • Experience with international contracts.
  • Experience with contract management software.
  • At least 3-5 years of experience in contract management, with a focus on complex contractual structures is desirable.

What Magnit will Offer You

At Magnit, you’ll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world. You’ll work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails!

If this role isn’t for you, stay in touch, we will let you know when we have new positions on the team. To see a complete list of our open career opportunities please visit Magnit Careers.

To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion. As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.

Contract Manager (United Kingdom) employer: Magnit

Magnit is an exceptional employer that fosters a dynamic and inclusive work culture, allowing employees to thrive in a high-growth environment. With a strong emphasis on professional development and collaboration, the Contracts Manager role offers the opportunity to make a significant impact while working remotely from the UK. Employees benefit from a supportive team atmosphere, diverse perspectives, and the chance to contribute to meaningful projects that transform leading global companies.
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Contact Detail:

Magnit Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Contract Manager (United Kingdom)

✨Tip Number 1

Familiarise yourself with Magnit's values and principles. Understanding the company's culture and what they stand for will help you align your approach during interviews and discussions, showcasing that you're a great fit for their team.

✨Tip Number 2

Network with current or former employees of Magnit on platforms like LinkedIn. Engaging in conversations can provide you with insider knowledge about the company and its expectations, which can be invaluable during the interview process.

✨Tip Number 3

Brush up on your negotiation skills. As a Contracts Manager, you'll need to demonstrate your ability to negotiate effectively. Consider role-playing scenarios with friends or colleagues to practice articulating your points clearly and confidently.

✨Tip Number 4

Stay updated on international contract law and compliance standards. Being knowledgeable about these areas will not only boost your confidence but also show your commitment to the role and your readiness to tackle the complexities involved.

We think you need these skills to ace Contract Manager (United Kingdom)

Contract Drafting
Negotiation Skills
Contract Administration
Compliance Management
Risk Assessment
Attention to Detail
Analytical Skills
Project Management
Communication Skills
Familiarity with International Contract Law
Proficiency in Microsoft Word and Excel
Experience with Contract Management Software
Mentoring and Training Skills
Problem-Solving Skills
Ability to Collaborate with Cross-Functional Teams

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in contract management, particularly with complex contractual structures. Use keywords from the job description to demonstrate your fit for the role.

Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Contracts Manager position at Magnit. Highlight your experience with contract negotiations and compliance, and how you can contribute to their goals.

Showcase Relevant Skills: Emphasise your proficiency in Word and Excel, as well as any experience with contract management software. Mention your familiarity with international contract law and compliance standards, as these are crucial for the role.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

How to prepare for a job interview at Magnit

✨Understand the Contract Lifecycle

Make sure you have a solid grasp of the entire contract lifecycle, from drafting to negotiation and administration. Be prepared to discuss your experience managing complex contracts and how you've navigated challenges in previous roles.

✨Showcase Your Compliance Knowledge

Since compliance is crucial for this role, brush up on Magnit's principles and any relevant international contract laws. Be ready to explain how you've ensured compliance in past contracts and how you would approach it at Magnit.

✨Prepare for Scenario-Based Questions

Expect questions that require you to think on your feet. Prepare examples of how you've handled difficult negotiations or resolved conflicts in contract terms. This will demonstrate your problem-solving skills and ability to maintain strong relationships.

✨Highlight Collaboration Skills

This role involves working closely with various teams. Be ready to discuss how you've collaborated with different departments in the past, particularly in achieving customer deliverables and meeting deadlines. Emphasise your communication skills and teamwork.

Contract Manager (United Kingdom)
Magnit
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