Assistant Vice President Contracts

6 days ago

Kolkata, West Bengal, India Shrachi Group Full time
- Key Responsibilities:

1. Contract Negotiation and Management:

- Lead negotiations for high-value and complex contracts with suppliers, vendors, and service providers.
- Oversee the drafting, review, and execution of contracts, ensuring compliance with legal, regulatory, and organizational requirements.
- Maintain accurate records of all contracts, including terms, conditions, and amendments.
- Procurement Strategy & Planning:
- Develop and implement procurement strategies to optimize the purchase of goods and services.
- Collaborate with business units to identify procurement needs and ensure timely delivery of materials and services.
- Oversee the preparation of purchase orders and manage procurement processes to ensure efficiency and cost savings.
-
- Supplier Management:
- Build and maintain relationships with key suppliers and vendors to ensure reliability, quality, and cost-effectiveness.
- Evaluate supplier performance and resolve any issues related to product delivery, quality, or pricing.
- Continuously seek opportunities to improve supplier diversity and supplier risk management.
- Compliance & Risk Management:
- Ensure all procurement activities are carried out in accordance with company policies, legal requirements, and industry best practices.
- Mitigate risks associated with vendor performance and contracts by proactively identifying and addressing potential issues.
- Oversee audits and inspections related to procurement activities to ensure adherence to established standards.

1. Budget Management & Cost Control:

- Monitor and control procurement budgets to ensure cost-effective purchasing decisions and minimize wastage.
- Identify opportunities to reduce costs through strategic sourcing, negotiation, and process improvements.
- Report on procurement and contract expenditure and provide recommendations for improvement.

1. Team Leadership & Development:

- Manage and mentor a team of procurement professionals, providing guidance and support in their day-to-day activities.
- Ensure the team is trained on the latest procurement processes, technologies, and best practices.
- Set clear performance goals, conduct regular evaluations, and foster a culture of continuous improvement within the team.

1. Cross-Department Collaboration:

- Work closely with legal, finance, and other departments to align procurement strategies with organizational objectives.
- Provide regular updates to senior management on the status of procurement activities, contract performance, and cost-saving initiatives.
- Advise and support other departments in handling procurement-related issues and ensuring smooth contract execution.

1. Reporting & Documentation:

- Prepare reports for senior leadership on contract performance, procurement savings, and vendor management activities.
- Ensure all documentation related to contracts, purchase orders, and negotiations is organized and easily accessible.
-
- Skills and Qualifications:
- Education:
- B.Tech in Civil Engineering
- Experience:
- 15-20 years of experience in procurement, contracts management, or a related field, with at least 8-10 years in a leadership or management role.
- Proven experience in negotiating complex contracts and managing supplier relationships.
- Skills:
- Strong knowledge of contract law, procurement practices, and industry regulations.
- Excellent negotiation, communication, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Familiarity with procurement software and contract management tools.
- Ability to manage multiple projects and meet deadlines under pressure.
-
- Key Competencies:
- Leadership and team management.
- Strategic thinking and problem-solving.
- Risk management and compliance.
- Vendor and supplier management.
- Financial and budgetary management.
- Effective communication and stakeholder engagement.

CTC - upto 25 Lacs / P.

A

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