Contract Analyst

Responsibilities

Key competences:

• Business Insight
• Financial Risk Analysis
• Cost Management
• Contract Authoring
• Contract Negotiations
• Contract Start-Up
• Contract Execution and Compliance
• Contract Management
• Operational & Service Excellence
• Contract and Supplier KPIs, Metrics, and Analysis
• Strategic Partnerships & Supplier Development
• Supplier Relationship Management
• Passive Cycle Competence (PO Mgmt., Good/Service receipt, Payment process)
• Stakeholder Management
  
  

Key Accountabilities:

• Effectively deal with basic contract related queries from users, buyers, and stakeholders
• Carry out contract negotiation plans for low-spend, straightforward contracts
• Identify and comply with requirements with respect to required documentation for different processes, system updates etc
• Maintain, update and upload all required contract documentation via the standardized templates
• Identify any deviations / red flags that indicate supplier instability, or poor performance
• Develop spend visualizations which interprets the data, providing trends, demand
• drivers, themes, and insight
• Monitor compliance with contract management plans
• Administer straightforward contracts to ensure accuracy of pricing, scope variations, updates to terms and conditions
• Monitor and report on contract milestones and outcomes
• Support the relevant stakeholders in developing related materials to implement innovative performance and measurement metrics, such as KPIs
• Flag any contract deviations affecting payment process
• Update MoMs regularly to keep track of interactions, changes, and alignment with involved stakeholders
• Support in stakeholder communications and provide guidance on straight-forward contractual matters
  
  

Requirements

• Bachelor's degree in Law, Business Administration, or a related field
• Proven experience as a Contract Analyst or similar role
• Strong analytical and critical thinking skills
• Good knowledge of contract law and legal terminology
• Excellent attention to detail and organizational skills
• Ability to work independently and handle multiple tasks simultaneously
• Effective communication and negotiation skills
• Proficient in Microsoft Office Suite and contract management software
  
  

Benefits

Required Skills:

• BSc in Business Administration; additional qualification is a plus
• Proven experience in contract management
• General knowledge in the Procurement cycle
• Basic financial acumen
• Knowledge of legal and financial requirements pertaining to contracts
• Excellent writing skills
• Attention to detail
• Strong analytical and organization skills
• Ability to liaise and coordinate with multiple stakeholders in a fast-paced environment
  
  

Additional Skills

• Knowledge of SAP ERP system
• Arabic speaking is a plus
• Knowledge of contract management on SAP Ariba