Contract Specialist

Contract Specialist

BCforward is currently seeking a highly motivated Contract Specialist Job for an opportunity in Philadelphia PA 19103 (Remote)!

Position Title: Contract Specialist

Location: Philadelphia PA 19103

Anticipated Start Date: Jun 9thPlease note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 12+ months Contract to Hire (with possibility of extension or conversion)

Job Type: Contract, 40 HRS WEEKLY, Onsite

Pay Range: $55/hr. - $55.92/hr.

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Key Responsibilities:

• Contract Management Specialist is part of our Legal and Commercial Services.
• Professionals bring innovative ideas to commercial reality with a focus on maximizing value for all parties through a deep understanding of legal, business, and commercial risks.
• We work alongside sales and delivery teams throughout the entire contract lifecycle to provide high quality advice and support for negotiation, drafting and ongoing management of client contracts.
• We apply commercial and contractual expertise to lead the delivery of legal & commercial outcomes for our priority engagements and portfolios, including Sales growth: expanding the footprint of our agreements supporting new business.

  Revenue protection:

• Delivering on our contractual commitments; Margin improvement: effectively managing commercial levers, risks, and issues. Compliance with contract obligations and policy.

  Job Summary:

• Contract Specialists assist with managing clients in a manner that maximizes value for and our clients.
• Contract Specialists must be capable of managing contracts, including subcontracts in accordance with company policies and procedures, applicable laws, and client business requirements.
• Contract Specialists are generally co-located with business/client units and project teams (often on client premises) and are expected to maintain a high level of visibility on the account as they perform their contract management responsibilities.
• Contract Specialists may also direct the work activities of junior contract management professionals and other related engagement staff allocated to a business or client unit, acting as a role model for contract management staff and a trusted partner to the business.
• Contract Specialists are client facing and have a key role in building trusted relationships with client counterparts.

  Leadership/Engagement:

• Lead/participate in contract management team on a specific project or account; Work with client engagement teams and client counterparts to assist with day-to-day contract management support and to understand delivery requirements; Drive process efficiency to current tasks and seek innovative ways to improve performance of the team; Demonstrate the value of the contract management function with project and account teams. Be a role model for contract management staff and demonstrate leadership qualities by participating in wider contract management activities.

  People & Portfolio Management / Development:

• Supervise, mentor and coach junior contract management staff allocated to a specific project or account to ensure most effective utilisation of resources; Participate in the review of performance standards for junior staff; Provide input for priority setting and performance achievement process for junior staff; Participate in the development and delivery of contract/commercial training modules for contract management staff on a specific project or account.

  Risk & Issue Management:

• Assist with reporting, documenting commercial and contract risks and issues, following up with contract management leads to coordinate completion of open actions; Escalate matters to CM Leads in a timely and controlled fashion (in accordance with guidelines) and help ensure affected parties are notified in an appropriate manner; Assist with drafting and/or reviewing appropriate reports in compliance with contract management processes and account delivery requirements.

  Sales Support:

• Provide support for pre-award sales activities including supporting the development of responses to client RFPs or similar, working with business to draft contract schedules and participate in negotiations; Demonstrate basic knowledge of offerings and associated commercial considerations.

  Contracting, Drafting and Negotiation:

• Assist with drafting and review of contractual documents (i.e., Statements of Work, Change Requests). Arrangement Letters, Subcontracts and Non-Disclosure Agreements (not exclusive, etc.) and collaborating with other internal organizations, under direction of a contract management lead where appropriate. Observe and/ or participate in negotiations.

  Commercial and Contract Management Processes:

• Implement and administer contract management processes together with day-to-day support on a specific project or account; Assist with identifying and applying all contract relevant policies and procedures applicable to an account and communicate to relevant personnel; Work with delivery and finance leads to assist with identification and application of appropriate contract levers affecting revenue, cost and profit. Knowledge Skills and Experience.

  Contract Management Knowledge and Experience:

• Minimum 4 yrs. relevant experience as a contract manager with exposure to complex, risky deals with proven team management experience Demonstrated experience as part of a contract management or procurement team; Able to collaborate and communicate effectively with internal and external executives and be capable of contributing and influencing key commercial and contracting decisions; Demonstrated experience of managing contract and commercial issues and understanding main commercial principles: Proficiency using Microsoft Office applications (e.g. Excel, Word, PowerPoint, SharePoint).

  Legal and Contracting Knowledge:

• Basic understanding of general commercial contracting regulations and principles and subcontracting practices Basic knowledge and understanding of legal principles as they relate to commercial and contract management Key Relationships Supervises: Junior Contract Management professionals providing services on an account.

  External Relationships:

• Client commercial/ procurement/ contract management staff.

  Education and Qualifications Education:

• Bachelor's degree required.

  Membership:

• Member of International Association for Contract and Commercial Management (IACCM) or National Contract Management Association (NCMA) and/ or professional certification considered a plus.

  Work Requirements:

• Travel may be required. Behaviours and Attributes Open to work with and understand cross-cultures and locations throughout the global organization. Understand the value of diversity and recognize the strengths that different styles, innovative perspectives and experiences bring to. Demonstrate respect for individuals regardless of gender, race, ethnicity, religion, belief, age, disability, culture, social status and/or sexuality. Strong time management, prioritization, and organizational skills Team player, collaborative and persuasive; able to work well with executives and non-executives Build trust-based relationships by delivering on commitments. Demonstrate good oral and written communication skills and an ability to provide appropriate advice.

  Opportunity to work remote:

• Roles are mostly remote; however, some in-office may be required. Which is why the candidate must be local. To MD, MA, NY, PA, DC, CT.

  Local Candidates Only:

• Yes, if selected candidate will be required to be onsite once the office reopens.

  Education:

• Bachelor's Required.

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 222450 when responding to this ad.

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