Senior Contract Management Specialist

Freseniusmedicalcare; Bengaluru; On-site; INR 900,000 - 1,700,000; Full time

Job summary

Freseniusmedicalcare is seeking a Sr. Contracts Management Specialist to drive timely, well-reasoned decisions within authority levels. You will gather information, analyze impact, and identify solutions for existing and new contracts across business segments.

You will lead contract projects, mentor staff, maintain accurate records, and collaborate with Sales, Marketing, Legal and Finance to ensure compliant, streamlined contract processes.

Qualifications

• Bachelor's degree required or 1 year in contracts management role.
• 5–8 years of experience in contract management or related fields.
• Master's degree with 3 years of experience acceptable.
• Experience in a fast-paced business environment and contracts lifecycle.
• Strong written and oral communication skills.
• Knowledge of Safe Harbor and Sherman Anti-Trust laws preferred.

Responsibilities

• Negotiate with contract customers and prepare bids and related documents.
• Draft language in contract documents and ensure accuracy.
• Maintain contract logs and reports, including status and expirations.
• Develop and manage relationships with Sales, Marketing, Legal and others.
• Lead team projects and mentor staff within the department.
• Ensure contracts flow through CPQ, CLM and SAP workflows.
• Support government bids, distributor relationships and large ventures.

Skills

Written communication

Oral communication

Leadership

Problem solving

Attention to detail

Team leadership

Cross-functional collaboration

Education

Bachelor's degree

Master's degree (preferred)

Tools

SAP

CRM

CPQ

CLM

Microsoft Word

Excel

PowerPoint

Job description

Know-how and skills critical for success*

• Industry and/or paralegal experience helpful.
• Previous experience in a business environment, preferably in a contracts role.
• Fast-paced environment; must be flexible and have the ability to re-establish priorities as necessary.
• Excellent written and oral communication skills required.
• Strong computer skills a must, including Microsoft Word and Excel. Familiarity with Power Point and relational database packages is also preferred.
• CRM experience with a focus on Contract Lifecycle Management workflows preferred.
• Strong attention to detail, highly organized.
• Knowledge of Safe Harbor and Sherman Anti-Trust laws preferred.
• Strong problem solving skills a must; must be able to develop solutions to existing and new issues based upon a strong background in both contracts administration and the products/pharma businesses.
• Strong leadership skills, must have the ability to lead teams in an appropriate and professional manner.
• Strong influencing skills.

EDUCATION AND REQUIRED CREDENTIALS*

• Bachelor's Degree desirable or at least 1 year in the contracts Management Specialist II position required.
• 5-8 years of experience in contract management, business administration, sales administration or finance required. With a
• Master's Degree 3 years of experience is acceptable.

Goal of function:

A Sr. Contracts Management Specialist plays an integral role in the Department. Responsible for making timely decisions based on evidence and on merit, within your appropriate authority level, and take responsibility for the results; gathering all relevant information, utilizing an analytical and logical approach to problem solving, and accurately assessing impact of decisions on your own business area and overall. Responsible for identifying solutions to business or operational related issues dealing with existing and new contracts and contract documents due to the fact that the requirement of this position must have a strong understanding of the inner workings of the segments of the business that they support.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

• A seasoned, experienced professional with a full understanding of Contracts Management; resolves a wide range of issues in creative ways. Negotiates with contract customers though the preparation of selected bids, sales contracts, special offer letters, and related documents.
• Responsible for drafting language in contract documents as directed by immediate Supervisor. Responsible for ensuring the accuracy of the contract documents. Prepares supporting analysis, such as Gross Margin Analysis reports.
• Maintains a fallback clause library and recommends alternatives to contract language when needed
• Ensures that contract documents flow through the defined contracts management process in a timely and accurate manner.
• Develops relationships and communication with internal contacts, including, but not limited to: Sales, Marketing, Reimbursement, Accounts Receivable, Customer Service, Legal, Data Administration, Credit and other appropriate departments to ensure that contracts are appropriately developed and/or updated. At this level, this position will interact with Sr. level executives within these departments.
• Responsible for assisting with other duties and programs such as government bids, distributor relationships, regional and national accounts and large joint ventures.
• Maintains accurate contract logs and reports, including Contract Status and Expired Contracts.
• Leads specific team projects, as directed. Provides guidance and advice to other employees within the department.
• Maintains complete, accurate and up-to-date contract records.
• Develops and masters familiarity with the information systems utilized within the department such as SAP, and other CRM (Customer Relationship Management), CPQ (Configure Price Quote), and CLM (Contract Lifecycle Management systems.
• .
• Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors.
• Demonstrates good judgment in selecting methods and techniques for obtaining solutions.
• Networks with senior internal and external personnel in own area of expertise.
• Reviews and complies with the Code of Business Conduct and all applicable company policies and procedures, local, state and federal laws and regulations.
• Assists with various projects as assigned by a direct supervisor.
• Mentors other staff as applicable.
• Other duties as assigned