Canada Life a leading Life Assurance Business are currently recruiting for a Contract Manager to join us on a fixed term contract basis.
This role is located in Potters Bar.
The primary purpose of this role is to provide assistance to the Contracts Manager to develop strategies for each IT supplier contract and support the delivery of those strategies as part of the Supplier Optimisation project.
As an integral member of this team, you will be working with the Contract Analyst to forecast the savings and benefits, and with the Contract Manager to deliver the desired outcomes.
We are looking for an experienced contract management professional who can join us, further develop what we have started and get results. Preferably you will have a background in IT contract management. You will take responsibility for creating value generation through effective analysis, prioritisation, reporting, and negotiating. More specifically, this role will involve
•Assisting with the development and management of the Supplier Contract Database
•Reviewing Supplier contracts to identify key data to enhance the database.
•Working with the Contract Manager to develop a strategy for each Supplier Contract
•To work with the business areas and the IT departments to identify software licence usage and agree future requirements.
•Work with the Contract Manager to identify and agree savings and benefits.
•Providing reports and updates as required to both the Contract analyst and Contract Manager
•Assisting the Contract Manager with Contract negotiations.
•Ensuring approval processes and appropriate company governance requirements are met for both contract management and invoicing
•Providing flexibility to carry out additional role related deliverables as required
Skills, knowledge and experienced required
•Good analytical skills and attention to detail
•Ability to work to deadlines and timetables
•A good knowledge of Microsoft Excel and a basic knowledge of Microsoft Outlook and bookkeeping experience to enable creation of GL journals
•Ability to influence and challenge and consider the wider implications of processes/activities and their impact to the business.
•Good interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders.
•Excellent negotiation skills
•Previous finance experience preferred
•Commercial business experience would be beneficial
•Experience or knowledge of Contracts or Supplier/vendor management desirable
•Experience in monitoring and reporting benefits desirable
•An awareness and/or monitoring of Risks, Compliance and Audit will be required
About Canada Life
Canada Life looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures.
There can be no greater priority than the commitment and responsibility towards all our customers. At Canada Life we adhere to the same principles as when we were formed in 1847: integrity, consistency and experience.
Our heritage is important to us. Our parent company, Great-West Lifeco, is a financially strong, stable, modern global organisation. The oldest Canadian life assurance company, Great-West Lifeco traces its foundation back to 1847 - that is more than 170 years of helping customers plan for the future.
Since 1903 we have operated in the United Kingdom where we have hundreds of respected and supported staff all geared to doing the right thing for customers.