Lead Contract Manager, IDC Contracts

at Meta in Boise, Idaho, United States

Summary:

Lead Contract Managers are responsible for driving programmatic solutions to emerging industry/market shifts, supporting complex contract deal formation & contract administration efforts, ensuring policy compliance, improving business process, and running our day-to-day business.

Required Skills:

Lead Contract Manager, IDC Contracts Responsibilities:

1. Direct the overall contract management function at the program level, including custom contracting strategies, first-of-kind product and deal solutions, contracts management tooling solutions, internal and external stakeholder relationship management, issue resolution, program Key Performance Indicators (KPIs) and Service Level Agreements (SLAs), and complex contract administration

2. Partner with business leads to help navigate complex operations and Capital Improvement initiatives with significant spend and risk

3. drive cross-functional contracts risk and cost containment efforts

4. Develop and continuously improve deal-to-contract strategies and procedures, ensuring compliance with internal policies and business controls

5. Collaborate with cross-functional business leads to deliver on strategic initiatives, including: aligning new contract strategies to new project delivery strategies

6. responding to market conditions (i.e. supply chain risk, tariffs)

7. and developing new or evolving existing contracting strategies (i.e. bonus incentive structures, risk transfer and apportionment)

8. Collaborate with other Lead Contract Managers and cross-functional business leads to deliver on operational initiatives, including: budget planning and financial commitment monitoring, building contract templates and clause libraries, contract review processes and procedures, and risk and supplier relationship management efforts

9. Develop and maintain internal (customer and business partner) and external (Supplier) relationships to ensure productive interactions on complex contracting issues

10. Act as a liaison between the business and Legal to drive for resolution of business and legal risk issues during contract formation, negotiation, and post-execution contract administration. Coordinate and drive resolution to key business issues with Legal, Risk Management, Corporate Contracts Governance, and Compliance teams

11. Provide mentorship and internal support to the extended Contracts team on best ways to structure deals and apportion risk. Share best practices with and provide trainin