Key responsibilities for the Consultant will include:
1. Contract Lifecycle Management
- Ensure all new contracts are created, executed, and stored in designated CLM platforms
- Support standardized drafting using approved templates and clause libraries
- Drive centralization of legacy contracts through structured tracking and digitization
- Manage contract repository governance (with accurate metadata tagging), including version control and audit traceability
2. Contract Governance & Monitoring
- Monitor key contract terms (pricing, payment terms, key clauses) for adherence
- Track contracted spend vs. actual spend to identify deviations and leakage
- Provide visibility into contract expiries, obligations, and risks through structured tracking
- Act as a central coordination point for contract-related queries and escalations
3. Obligation & Performance Management
- Identify and structure contractual obligations, milestones, and SLAs/KPIs to enable tracking of milestones, deliverables, and supplier performance
- Support validation of deliverables against contractual terms and provide inputs into supplier performance reviews in collaboration with SRM teams
- Track penalties and rebates as per contract conditions
4. Compliance, Risk & Audit Support
- Ensure contracts adhere to internal policies and regulatory requirements
- Support compliance checks and deviation tracking for non-standard clauses
- Maintain audit-ready documentation, including approvals, versions, and contract history
- Identify and elevate risk areas (compliance gaps, contract lapses, deviations)
5. Renewal & Amendment Management
- Track contract expiry timelines and trigger timely alerts for renewals as well as support decision-making (renew vs renegotiate vs terminate) with inputs on performance and benchmarks
- Manage amendment of documentation and version control
- Coordinate cross-functional approvals for amendments
6. Technology & Automation as Success Enablers
- Leverage CLM systems to streamline contract lifecycle processes
- Develop and maintain contract health dashboards (expiry, compliance, performance) to provide regular updates (as per cadence) to the leadership team
- Generate insights through trend analysis on meta data, contracts, amendments, and performance data to enable data-driven governance discussions with stakeholders
Key Objectives
- Build a centralized governance framework for contract lifecycle management across BUs
- Enhance visibility, compliance, and control over new and legacy contracts
- Drive risk-aware contract practices aligned with enterprise policies
- Enable leadership with data-driven insights and decision support
- Define a contract performance management framework, including obligation tracking, milestone monitoring, and KPI measurement
- Establish fit-for-purpose engagement plans and review mechanisms to improve contract compliance, performance, and responsiveness
- Identify and define critical contract insights by leveraging contract metadata to drive advanced analytics and organizational visibility
What does success look like?
- Contract lifecycle is fully governed, visible, and controlled across BUs
- Contract repository is structured and optimized (centralized and digitized)
- Leadership has high confidence in contract data and reporting by BU
- Risk exposure is proactively managed (compliance gaps, contract lapses, deviations)
- Processes are standardized and scalable across geographies
- Achieve sustained behavioral change in how contracts are managed
- Deliver improved compliance, efficiency, and risk mitigation
- Contract obligations and performance KPIs are defined, measured, and regularly reviewed
- Underperforming contracts are identified early, with clear action plans for remediation, renewal, or exit where needed
- Spearhead the development of enhanced analytics by identifying key performance indicators and critical insights embedded within contract metadata to improve organizational visibility
Skills & Competencies
Functional
- Strong understanding of procurement operations and tail spend frameworks
- Supplier segmentation and governance expertise
- Financial controls and compliance knowledge
- Experience with spend classification & data cleansing
Analytical & Tools
- Hands-on experience with ERP systems (SAP/Ariba/Coupa preferred)
- Data analytics tools (Excel, Power BI, Tableau)
- Ability to translate data into actionable insights
- Familiarity with predictive spend intelligence models
Stakeholder Management
- Experience working across global stakeholders and multiple BUs
- Strong communication and influencing skills
- GCC/Procurement CoE empowering Business Units experience
Behavioral
- Structured problem-solving mindset
- Strong governance and compliance orientation
- Attention to detail and execution rigor
- High ownership and accountability
Key skills required
- Global Pharmaceutical, MedTech, or Consumer Goods (FMCG/CPG) organizations
- Exposure to multi-BU / global operating models
- Experience with threshold-based PR-PO approval processes customized to each BU
Technical Exposure
- ERP systems (SAP/Ariba/Coupa preferred)
- Data analytics tools (Excel, Power BI, Tableau)
- Familiarity with AI/automation tools for procurement (NLP, machine learning for spend classification)
Experience
Experience Qualifications
- ~5 years of relevant work experience in Procurement / Contract Management / S2P operations
- Strong understanding of contract lifecycle processes, governance, and compliance
- Experience working with contract repositories, approvals, and audit documentation
- Bachelor's degree: B. Com / BBA / BMS or equivalent
- Postgraduate (preferred): MBA / M. Com or equivalent
- Proven stakeholder management and coordination skills
- Experience working across global stakeholders, multiple BUs, and cross-functional teams (Legal, Finance, Procurement) supporting business units
- Experience working in GCC / Procurement CoE environments supporting business units
- Understanding of contract governance, approval workflows, and compliance frameworks
- Global Pharmaceutical, MedTech, or Consumer Goods (FMCG/CPG) organizations
- Exposure to multi-BU / global operating models
- CLM / ERP systems: Icertis, SAP, Ariba, Coupa
- Analytics tools: Excel, Power BI, Tableau
- Automation: Basic familiarity with automation / AI-enabled contract analysis tools
- Exposure to workflow automation tools and digital reporting