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Manager - Contract Management

Employer
Piramal Capital & Housing Finance
Location
Mumbai Mumbai Maharashtra, Maharashtra, India
Salary
Competitive Salary
Closing date
Jan 18, 2022

View more

Job Role
Manager
Sector
Finance
Contract Type
Contract
Hours
Full Time
Job Description

The Manager - Contracts Management GBSS, will be accountable for overall life cycle management of vendor and customer contracts involving contract drafting, reviews, cross-functional discussions, renewal reminders, renewal and contract compliance
The individual would be expected to ensure adherence to global policies & shared services operating procedures, work towards improving SLA&rsquos and KPI&rsquos as agreed upon by the business, providing root-cause analysis and risk mitigation action plans where gaps may arise.
Some of the key roles and responsibilities are:
  • Understand the nature of the deal and accordingly suggest legal, commercial, performance related terms and conditions (contracts for 3rd Party, LL, Customer, Sub Contracting, Service Contracts, Works Contracts)
  • Draft all commercial contracts, highlight high-risk areas, discuss with the Supply chain, sales, legal team to get it mitigated
  • Act as a coordinator between various teams within Piramal to reach to a consensus
  • Analyze customer and/or supplier company requirements for contract amendments, responses to customer and/or supplier identified issues
  • Participate with Piramal&rsquos SCM and Sales team in discussion with vendor&rsquos or customer&rsquos legal team
  • Prepare standard contract templates/NDA templates/Bank guarantee templates for each category of service/products purchase or sale. From time to time review the existing Piramal templates to incorporate changes due to changes in the internal and external environment
  • Prepare and maintain a central repository of the existing contract and ensure access to a selected group of users for confidentiality
  • Track the validity date of a contract and work with the cross-function team to timely renew/terminate contracts
  • Maintain continuous surveillance of status and progress of the contract and potential areas of difficulty
  • Evaluate and monitor contract performance to ensure compliance with contractual obligations and determine actions to rectify contract noncompliance
  • Understands both strategic and operational goals and translate them into effective contracting practices
  • Improve turn around time to finalize the contract
  • Support Supply chain to invoke any Bank guarantee due to performance issues or draft legal notices
  • Work with SCM team to track whether purchase/sale is done as per contract rate
  • Be Part of change Management to ensure most regular/high value/strategic purchases as well as sales are covered under the contract
  • Identify suitable Contract management Software and implement the same across Piramal locations and be responsible for operations for the same
Qualifications

The candidate must have:
  • A Bachelor&rsquos degree in law and preferably a Masters degree along with 6 to 8 years of experience in customer, supply and service contract management and administration, preferably in the Pharma industry
  • Ability to negotiate for terms and conditions that are favourable for Piramal while within the boundaries of the land of law
  • In-depth knowledge of commercials, risk assessment, regulations & legal aspects of contracts
  • Understanding of the Indian, US and European land of Law
  • Core Knowledge:knowledge of supply chain, basis understandingof income tax and GST tax laws, operational concept understanding of tool like lean six sigma and other business optimization techniques is desirable
  • Soft skills like good presentation, verbal and written communication skills, goodlistening, analytical mind, ability to work in a cross-functional organization and an automation mindset
  • Technological Know-how: Demonstrates working knowledge with MS Office suite of software applications and tools, including Microsoft Word, Excel, PowerPoint, MS Project & MS Outlook


Job Description

The Manager - Contracts Management GBSS, will be accountable for overall life cycle management of vendor and customer contracts involving contract drafting, reviews, cross-functional discussions, renewal reminders, renewal and contra

Skills: vendor life cycle management, customer life cycle management, standard contract templates drafting,

Experience: 6.00-8.00 Years

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