Executive- Contracts

3 weeks ago

Vadodara, India Ascendion Full time

Job Description: Ascendion’s ‘Contracts & Compliance’ Department is looking to add a new member for its team to play an active role as part of the Contracts & Compliance team in handling review, drafting and negotiation of vendor contracts, in the process of ensuring proper contract formation with Ascendion’s vendors in accordance with the company policies and legal requirements.


Job Title: Executive - Contracts & Compliance

Job Location: Baroda, India.

Shift Timings: 6:50 PM to 3:50 AM IST (US Shift)


Duties/ Responsibilities

  • The main responsibilities will include reviewing, drafting and negotiating vendor agreements.
  • Ability to interact and coordinate with US vendors towards getting contracts finalized and executed.
  • Must be able to comprehend the terms and provisions of the Contract and respond to vendors as part of the negotiation process.
  • Highlight areas of risk in the process and present it with data & reports to streamline the quality output.
  • Provide feedback to business team and management regarding potential issues / risks involved in vendor contracts.
  • Provide risk assessment of contract terms and conditions and offer alternative approaches to mitigate risk, including negotiating alternative contractual language.
  • Attending team huddle meetings, provide the team leader with feedback on mistake patterns and suggestions for process modifications.
  • Use checklist standards and adhere to quality protocols closely.
  • Responsible for adhering to all ISO Policies and procedures designed for the department.
  • As part of larger contracts team, work on continuous improvement of standard form agreements and contract templates.

Key Requirements

  • The candidate will be expected to have 1- 3 years of prior experience working with commercial contracts.
  • Willingness and ability to engage in and resolve routine and unique contracting issues.
  • Ability to treat sensitive / confidential information with appropriate discretion.
  • Ability to comprehend complex financial and business concepts, issues and risks and suggest viable alternatives during negotiation.

Skills Required

  • A self-starter who requires minimum supervision.
  • Ability to handle multiple assignments and achieve project goals and deadlines in a fast-paced work environment.
  • The ability to prioritize, manage time well, and work closely with the sales team to quickly address needs and adjust focus as needed.
  • Quick learner with an ability to scale up and be flexible on work timings.
  • High sense of Accountability and ownership.
  • Must be self-motivated and have a positive attitude.
  • Ability to assess potential problems and make sound judgments around issues that may have an adverse effect on day-to-day activities.
  • Should have a very high level of integrity.
  • Good oral and written English communication skills.
  • MS Office proficiency (Word, Excel, Power-Point, Outlook), Internet, Workflow System, EHIRS, Solomon,
  • Team Player
  • Time Management & Analytical Skills

Qualification – Education

  • Graduates from any stream. (Law degree preferred)

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