Requisition ID id Location Thane Business Unit/Group Function Information Technology Work Arrangement Onsite Level of Experience Intermediate Employee Type Regular Salary Grade Non Managerial

- Job Highlights : The role supports effective contract and financial management of global engagements, focusing on governance, compliance, commercial transparency, and stakeholder alignment.

- It includes selected project management tasks, coordinating contract
- and vendor-related initiatives on timelines, risks, deliverables, and communication.
- The role enhances financial transparency and promotes adherence to contractual obligations.
- It supports strategic decisions and sustainable vendor and service governance in line with LANXESS policies and business goals.

Compliance Monitoring

- Support monitoring of LANXESS and provider contractual compliance with global stakeholders to ensure terms, conditions, and SLAs are consistently met.

Deliverable Oversight

- Support tracking and verification of timely, accurate delivery of provider obligations; work with contract manager and stakeholders to address deviations and delays.

Contract Lifecycle Management

- Support end-to-end contract lifecycle (initiation, execution, changes, renewal, closure), ensuring milestone visibility, timely follow-up, and coordination across global teams.

Change Control and Authorization

- Support evaluation and coordination of contract changes and extensions within approval limits, ensuring proper documentation, governance alignment, and transparent communication.

Performance Tracking

- Support monitoring of provider performance against deliverables, benchmarks, and KPIs; work with stakeholders to address gaps, quality issues, and improvements.

Benchmarking and Value Assurance





- Support benchmarking to assess cost-effectiveness and service value, using results to inform decisions on optimization, pricing, and scope.

Issue Management and Escalation

- Support identification, assessment, and escalation of issues in contract execution or service delivery, coordinating resolutions to maintain continuity and compliance.

Governance and Documentation

- Maintain accurate governance documentation (contracts, amendments, policies, correspondence) and promote adherence to governance and documentation standards.

Budget Management

- Support AGREEMENT budget planning and control, aligning with business plans and service needs, ensuring realistic costs and financial transparency.

Savings Monitoring

- Monitor AGREEMENT savings targets, flag early deviations, and support corrective actions with service owners and providers.

Financial Analysis of Initiatives

- Assess PROVIDER initiatives by reviewing business cases, validating ROI, and highlighting key financial risks and dependencies.

Charges Review

- Support monthly review and validation of PROVIDER invoices and CHARGES, ensuring accuracy and resolving discrepancies with internal teams and the PROVIDER.

Protect Against Cost Shifts

- Help prevent improper shifting of PROVIDER obligations to LANXESS as Customer Retained or Pass-Through Expenses and raise transparency on risks.

Variance Analysis





- Analyze gaps between forecast and actuals, identify drivers and root causes, and support forecast updates.

Chargeback Management

- Support chargeback process design and upkeep for fair internal cost allocation, ensuring timely, transparent, well-documented chargebacks.

- Experience / Skills :

- Specific Education Any engg
- Work Experience 10+
- Special Skills Contract & Financial Administration, Project Management,Risk, Governance & Compliance, Stakeholder Coordination - Contract Type Regular

If the chemistry is right, we can make a difference at LANXESS speed up sports, make beverages last longer, add more color to leisure time and much more. As a leading specialty chemicals group, we develop and produce chemical intermediates, additives, specialty chemicals and high-tech plastics. With more than 13,000 employees. Be part of it! - What we offer

- Compensation We offer competitive compensation packages, inclusive of a global bonus program and an individual performance bonus program.
- Comprehensive Perks We provide a mixture of various benefits to support your financial security, health and wellbeing including retirement plans, health programs, life insurance and medical care.
- Work-Life & Flexibility We support you in maintaining a balance between working hours and personal life. With our global “Xwork” program, we offer flexible working arrangements in all countries in which we operate.
- Training & Development We are committed to your professional and personal development and encourage you in the ongoing pursuit of education, training and knowledge through both formal and informal learning.
- Diversity For us, talent matters, we welcome everyone who commits to our values. We

📌 Specialist IT Contract & Vendor Management (Thane)
🏢 LANXESS India Private
📍 Thane