Procurement Contract Officer at FiberOne Broadband

Job Summary

• The Procurement Contract Officer plays a crucial role in overseeing and managing the end-to-end contract lifecycle for the procurement unit.
• This position involves developing, administering contracts, ensuring compliance with legal and organizational standards, and fostering strong relationships with suppliers.
• The goal is to optimize contractual terms, mitigate risks, and contribute to the overall success of procurement initiatives.

Key Accountabilities / Responsibilities

• Develop, review, and negotiate contracts, ensuring they align with organizational goals and comply with legal and regulatory requirements.
• Oversee the entire contract lifecycle, from initiation to closeout, including drafting, execution, amendments, and termination.
• Collaborate with internal stakeholders and legal teams to negotiate favorable terms and conditions with suppliers.
• Ensure that contracts reflect the best interests of the organization in terms of cost, quality, and risk management.
• Monitor and enforce compliance with contractual terms, conditions, and performance metrics.
• Identify and mitigate contractual risks, providing recommendations for risk reduction strategies.
• Stay informed about relevant laws and regulations affecting contracts and procurement activities.
• Build and maintain strong relationships with suppliers to facilitate effective contract administration.
• Address and resolve contractual issues, disputes, and performance discrepancies in collaboration with key stakeholders.
• Implement and enhance contract management processes and procedures to drive efficiency and effectiveness.
• Conduct periodic reviews of existing contracts to identify opportunities for optimization and cost savings.

Qualifications and Experience

• Bachelor's Degree in Business, Legal Studies, or a related field
• Proven experience in contract management, procurement, or a related field.
• Understanding of contract law, negotiations, and risk management.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication and interpersonal skills, with the ability to collaborate across various departments