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Contract Specialist

Job Description - Contract Specialist

Role: Contract Specialist

Location: Leicester, Hybrid

Duration: 06 to 09 months

Description:

As a Service ContractSpecialist, you will be responsible for:

  • Develop an in-depth understanding of our Visual Product Line Service portfolio and collaborate with key teams to ensure alignment with Customer requirements, Pricing strategy, and Terms & Conditions for service offerings.

  • Owning the Handover process for Service Contracts, from Inquiry To Order to Remittance, which involves reviewing contracts and proposals, entering orders in SAP, and managing various related activities like billing, revenue recognition plans, and database updates.

  • Building and nurturing strong customer relationships, ensuring they fully utilize their contract scope and working with Service Leaders to provide tailored service solutions that add value to customers.

  • Collaborating closely with different departments to guarantee timely and accurate services are rendered to customers according to contract terms.

  • optimizing revenue recognition and billing milestones and overseeing contract margins to ensure profitability.

  • Upholding meticulous records of contract-related information and consistently updating databases to guarantee precise data flow, providing valuable insights to pertinent stakeholders.

  • Championing a culture of continuous improvement by identifying and addressing technical and commercial risks, implementing best practices, and providing valuable recommendations for service, engineering, and product management teams to excel in executing service contracts effectively.

  • Ensuring positive cash flow within contracts by promptly addressing and resolving any invoice disputes and effectively facilitating on-time payments from customers.

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