Contract Management (Executive to Manager)- No. of Openings-5
- Recruiter
- HCL Technologies Ltd.
- Location
- Noida
- Salary
- 5.5 Lacs-7.5 Lacs, 10 Lacs +
- Posted
- 17 Jul 2018
- Closes
- 17 Aug 2018
- Ref
- HCL_Contract Management
- Contact
- Mandeep Kaur
- Sector
- IT/Telecoms
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Manager
Deal complexity is very high. This role involves close interaction with Finance leadership, Business leadership, Customers, Internal stakeholders
While prior understanding of IT Infrastructure business is a plus, it is not mandatory. You are expected to develop business knowledge quickly. Role may require International travel for customer meetings / workshops
Contract Management team plays a critical role in execution of the contract ensuring a good understanding of the contract, risks, rights and obligations; coordinating with all the internal functions involved in execution of the contract; and tracking financial performance, establishing required processes, managing any issues or customer claims or contractual changes, tracking and reporting periodically the deal financials, variances and ensuring contractual compliance.
Major Deliverables are :
- Understanding the Scope and Pricing of new deal from Pricing team/Sales team. Establish contract understanding
- Customer onboarding and Set-up of financial management process
- Closure of US GAAP accounting of the contract with Controllers
- Closure of Output tax with US based customers
- Forecasting and Budgeting; Financial performance tracking and management reporting
- Incorporating and tracking Profit improvement Plans and maximize revenue based on contractual rights
- Cost control, review of capex and opex as per budget and Financial responsibility matrix. Facilitate Leasing decisions.
- Review of vendor contracts to eliminate risk from customer contract
- Enforce contractual rights
- Mitigate commercial and financial risk while execution of the contract
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