Contracting Specialist, Senior Manager, Agile Sourcing

Description The Contracting Specialist, Senior Manager, Agile Sourcing will be part of a team that delivers an industry-leading contracting capability for cross functional stakeholders through efficient contract review, issue identification and analysis, redlining, negotiation and management of escalations to the legal department. It will be key for this individual to manage effective collaboration across multiple Markets. The candidate will need to be able to handle a heavy workload with sometimes short and/or expedited deadlines. The individual must have excellent communication skills and must work quickly, diligently, independently and efficiently. The individual in this role must also be able to resolve complex negotiation issues in a timely manner and push a deal through to execution. This individual must be able to build strong relationships of mutual trust and accountability with the internal business clients, contracting teams and legal department. The Contracting Specialist will ensure effective negotiating and contracting activities to achieve desired procurement outcomes in support of our companys goals. This position will report to the Director, International Contracting. The key competencies for this role include: Procurement and Contracting Fundamentals People Management Project and Stakeholder Management Strategic Planning & Organization Future Oriented Growth Mindset Change Management & Communications Business Process & Performance Management Strong Mission & Values Alignment Company & Industry Expertise Key Responsibilities Drive and manage the end-to-end contracting process in support of operations across multiple markets with cross functional stakeholders. Perform appropriate due diligence by issue spotting and assessing risk mitigating options Execute contracts in a timely manner with appropriate legal support to ensure compliance with company standards Coordinate and perform contract analysis to negotiate business/commercial terms to advance BMS interests and goals Understand the contractual terms and be able to explain their risks and implications to the internal business stakeholders to help drive appropriate decision-making Manage multiple, complex projects independently Ensure applicable written guidelines and company policy are followed and required SME input is obtained where required (i.e., privacy, finance, international and domestic taxation, customs and trade, information security, systems quality, software asset management) Maintain awareness of pre-contracting steps, including underlying BMS policies and procedures related to the contracts and the contracted activities within scope Partner directly with adjacent stakeholders and deliver on complex, high-risk issues or projects Act as a trusted advisor to global category managers and their leadership to ensure procurement strategies can be delivered against the expectations of the business Act as an expert facilitator to fully manage and lead complex contract negotiations in partnership with business stakeholders, global procurement category managers, legal and other participants in the contracting process, including various subject matter experts Coordinate with cross-functional and stakeholders to ensure timely, compliant and efficient facilitation of contracts Identify points of escalation for Agile Sourcing to interface with relevant stakeholders regarding contracting and procurement policy and related operational questions Performance Management & Continuous Improvement for Source to Contract Partner and share best practices and learnings with Agile Sourcing team to ensure business needs are proactively met in an aligned, consistent and collaborative manner across functional areas and in a manner that is complaint with BMS Standard Operating Procedures and protocols Work with procurement and legal to develop and maintain contracting guidance documents to continually improve on an efficient and effective contracting function Support continuous improvement initiatives towards an industry-leading contracting capability within Agile Sourcing by participating in, creating and participate in developing training to provide opportunities for expansion of contracting skillsets Participate in continuous improvement initiatives within procurement to strengthen our contracting and sourcing outcomes Explore new procurement technologies with a focus on AI/ML opportunities Qualifications & Experience B.S./B.A. Sciences; Legal Degree Minimum of 4-6 years prior related experience, including relevant enabling services, commercial, research & development, global product supply, procurement, sourcing and contracting experience, including but not limited to drafting, redlining, reviewing and negotiating procurement / business contracts, procurement negotiations and familiarity with Master Services Agreements Experience collaborating with and participating on cross-functional and global teams and demonstrated ability to work and influence within a matrix structure Expertise in procurement process, agreement management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization, strategic planning and integrated supply chain experience Expertise in contract construction, terms and conditions, with strong preference for working knowledge of facilitating, drafting and negotiating buy-side and other in-scope contracts in the pharma/biotech industry Excellent oral and written communication skills and diplomacy to convey information and influence others with a strong customer focus Demonstrates a high level of adaptability in dealing with ambiguous and complex work environment and balances multiples demands on role in a responsive and professional manner and proven ability to engage teams and inspire them to sustain high levels of performance in a constantly changing environment Experience with Contract Lifecycle Management technology (e.g., Icertis) to automate and streamline processes

Location: hyderabad, IN

Posted Date: 11/23/2024