Contract Analyst (Saudi Arabia)

Eram Talent, a leading talent acquisition consultancy, is seeking a dedicated and detail-oriented Contract Analyst to join our team. As a Contract Analyst, you will play a crucial role in reviewing and analyzing contracts to ensure compliance and mitigate risk. Eram Talent is committed to delivering exceptional recruitment solutions to our clients across various industries.

Key competences:

• Business Insight
• Financial Risk Analysis
• Cost Management
• Contract Authoring
• Contract Negotiations
• Contract Start-Up
• Contract Execution and Compliance
• Contract Management
• Operational & Service Excellence
• Contract and Supplier KPIs, Metrics, and Analysis
• Strategic Partnerships & Supplier Development
• Supplier Relationship Management
• Passive Cycle Competence (PO Mgmt., Good/Service receipt, Payment process)
• Stakeholder Management

Key Accountabilities:

• Effectively deal with basic contract related queries from users, buyers, and stakeholders
• Carry out contract negotiation plans for low-spend, straightforward contracts
• Identify and comply with requirements with respect to required documentation for different processes, system updates etc
• Maintain, update and upload all required contract documentation via the standardized templates
• Identify any deviations / red flags that indicate supplier instability, or poor performance
• Develop spend visualizations which interprets the data, providing trends, demand
• drivers, themes, and insight
• Monitor compliance with contract management plans
• Administer straightforward contracts to ensure accuracy of pricing, scope variations, updates to terms and conditions
• Monitor and report on contract milestones and outcomes
• Support the relevant stakeholders in developing related materials to implement innovative performance and measurement metrics, such as KPIs
• Flag any contract deviations affecting payment process
• Update MoMs regularly to keep track of interactions, changes, and alignment with involved stakeholders
• Support in stakeholder communications and provide guidance on straight-forward contractual matters