07 Aug
|
Siemens
|
Bengaluru
We empower our people to stay resilient and relevant in a constantly changing world. Were looking for people who are always searching for creative ways to grow and learn. People who want to make a real impact, now and in the future. Does that sound like youThen it seems like youd make a outstanding addition to our vibrant international team.
Youll make a difference by:
- The Contract Administration Specialist is responsible for managing the end-to-end lifecycle of service contracts, ensuring accurate execution, compliance, financial alignment, and stakeholder coordination. This role supports operational excellence and enhances customer satisfaction through effective contract governance and process optimization.
- Contract Initiation Setup
- Review contract scope, terms, and conditions for completeness and accuracy.
- Ensure timely and accurate contract creation and setup in SAP and relevant tools.
- Collaborate with cross-functional teams for smooth onboarding of contracts.
- Contract Execution Coordination
- Monitor contract performance against defined deliverables and timelines.
- Act as the central coordination point between internal teams and customers.
- Ensure adherence to contractual obligations and escalation of risks.
- Reporting Documentation
- Maintain comprehensive contract documentation and audit trails.
- Generate periodic reports on contract status, KPIs, and performance metrics.
- Ensure full compliance with internal guidelines and standards.
- Stakeholder Management
- Facilitate regular review meetings with stakeholders.
- Provide clear communication on contract progress, milestones, and issues.
- Build and maintain effective relationships with internal and external stakeholders.
- Financial Management Invoicing
- Support invoicing as per contractual terms and agreed milestones.
- Track revenue, billing accuracy, and financial KPIs.
- Assist in budget monitoring and financial reporting.
- Contract Closure Continuous Improvement
- Ensure structured contract closure including documentation and compliance checks.
- Identify improvement opportunities and contribute to process enhancements.
- Capture lessons learned and shared best practices.
Your success is grounded in:
- Bachelors degree or equivalent.
- 35 years of relevant experience in contract administration or similar roles.
- Proficiency in SAP.
- Strong working knowledge of MS Office tools (Excel, Word, PowerPoint).
- Strong understanding of contract management and lifecycle processes.
- Knowledge of contract terms, KPIs, and financial concepts (budgeting, invoicing).
- High attention to detail and strong organizational skills.
- Effective communication and coordination abilities.
- Strong stakeholder management and collaboration skills.
- Accuracy and timeliness of contract setup and execution.
- Customer satisfaction and stakeholder feedback.
- Adherence to contract deliverables and timelines.
- Compliance with internal processes and audit standards.
- Ability to work in a cross-functional and energetic workplace.
- Strong problem-solving and analytical skills.
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