What are the responsibilities and job description for the Contract Management Specialist position at Vidorra Consulting Group?
We are seeking a highly experienced Contracts Specialist with a strong background in contract evaluation, pricing strategies, negotiations, and finance to play a pivotal role in a strategic initiative aimed at achieving 10% cost savings in Cost of Goods Sold (COGS). The selected candidate will focus on analyzing and optimizing existing contracts for consulting, audits, software, labor, and other "run the business" expenses. This role is critical to ensuring our organization’s $130 million annual COGS budget is managed effectively and delivers maximum value.
Key Responsibilities
Evaluate and analyze existing vendor contracts to identify cost-saving opportunities.
Lead contract negotiations to optimize pricing and terms.
Collaborate with internal stakeholders to align contracts with strategic objectives.
Conduct benchmarking to ensure competitive pricing and terms.
Partner with the finance team to ensure alignment of contract spend with budget goals.
Support the development of dashboards and reporting tools to provide insights into contract performance and spend.
Contribute to Operational Expenditure (OPEX) budget transparency initiatives.
Qualifications
Bachelor’s degree in finance, Business Administration, or a related field.
7 years of experience in contract evaluation, pricing, and negotiation.
Strong understanding of finance principles and budget management.
Exceptional analytical and problem-solving skills.
Expertise in Excel and data visualization tools.
Excellent communication skills, with the ability to present findings to executive leadership.
Ability to work on multiple projects simultaneously, prioritize effectively, and meet deadlines in a fast-paced environment.
Effectively collaborate within cross-functional teams.
Strengths in communications, both written and verbal, with the ability to work with both technical specialists and senior level management.
Able to articulate technical issues to key partners in terms of business risk and effects on desired business outcomes
Delivery focused, willingness to perform all tasks required to complete the job, including administrative and documentation-oriented tasks.
Preferred Skills
Experience in consulting, audits, and software licensing contracts.
Knowledge of industry best practices in cost optimization and vendor management.
Key Responsibilities
Evaluate and analyze existing vendor contracts to identify cost-saving opportunities.
Lead contract negotiations to optimize pricing and terms.
Collaborate with internal stakeholders to align contracts with strategic objectives.
Conduct benchmarking to ensure competitive pricing and terms.
Partner with the finance team to ensure alignment of contract spend with budget goals.
Support the development of dashboards and reporting tools to provide insights into contract performance and spend.
Contribute to Operational Expenditure (OPEX) budget transparency initiatives.
Qualifications
Bachelor’s degree in finance, Business Administration, or a related field.
7 years of experience in contract evaluation, pricing, and negotiation.
Strong understanding of finance principles and budget management.
Exceptional analytical and problem-solving skills.
Expertise in Excel and data visualization tools.
Excellent communication skills, with the ability to present findings to executive leadership.
Ability to work on multiple projects simultaneously, prioritize effectively, and meet deadlines in a fast-paced environment.
Effectively collaborate within cross-functional teams.
Strengths in communications, both written and verbal, with the ability to work with both technical specialists and senior level management.
Able to articulate technical issues to key partners in terms of business risk and effects on desired business outcomes
Delivery focused, willingness to perform all tasks required to complete the job, including administrative and documentation-oriented tasks.
Preferred Skills
Experience in consulting, audits, and software licensing contracts.
Knowledge of industry best practices in cost optimization and vendor management.
Salary : $130