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Bristol-Myers Squibb

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4.0

based on 127 Reviews

93 Bristol-Myers Squibb Jobs

Senior Manager, Contract Specialist

BRISTOL-MYERS SQUIBB INDIA PVT.LTD.

4.0

based on 127 Reviews

7-11 years

Hyderabad / Secunderabad

1 vacancy

Senior Manager, Contract Specialist

Bristol-Myers Squibb

posted 5hr ago

Job Role Insights

Flexible timing

Key skills for the job

Financial Analysis Procurement Market Analysis Strategic Planning Supplier Management Construction Contracts

Job 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 company's 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 Legal Degree preferred

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

Employment Type: Full Time, Permanent

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