Details of the Organization

Lumen connects the world. They digitally connect people, data and applications – quickly, securely and effortlessly.

Details of the Job/Internship

Lumen Technologies is hiring for the position of Contract Specialist with 2-8 years of experience to join their office in Bengaluru. 

Role and Responsibilities

Contract Management:

• Manage the end-to-end contract lifecycle, including drafting, reviewing, negotiating, executing, and renewing contracts.
• Identify and mitigate contractual risks, ensuring alignment with business strategies and compliance standards.
• Maintain comprehensive contract documentation and records repositories to support audits and reporting.

Strategic Sourcing and Procurement:

• Execute sourcing projects (RFX) by collaborating with internal stakeholders to define requirements and evaluate supplier responses.
• Drive consistency in procurement policies, processes, and tools to optimize operational efficiency and cost savings.
• Assist in implementing procurement frameworks within the COE to streamline sourcing activities.

Risk Management and Mitigation:

• Assess potential liabilities, performance issues, and risks associated with contracts.
• Proactively address escalation points during contract discussions and negotiations.

Collaboration and Stakeholder Management:

• Partner with business, finance, and procurement teams to align contractual terms with organizational goals.
• Facilitate contract-related discussions, providing guidance on best practices and potential areas of concern.

Process Improvement and Standardization:

• Develop and implement standardized procurement templates, tools, and procedures.
• Identify opportunities for process optimization and operational efficiency.

Eligibility

• Experience: 2-10 years in sourcing, procurement, and contract management.
• Skills:
• Strong strategic sourcing and contract negotiation capabilities.
• Excellent communication, negotiation, and analytical skills.
• Proficiency in procurement tools such as SAP, Ariba, CLM, and E-Procurement systems.
• Ability to work independently in a fast-paced, dynamic environment.
• Adaptability to evolving business needs and priorities.
• Education: Bachelor’s degree in Business, Supply Chain Management, or a related field.
• Work Requirements: Flexibility to work night shifts to align with North America business hours.

Salary/Stipend

Compensation details will be finalized during the interview process with the selected candidate.

Type of Opportunity

Fulltime

Country

India

Address

Bengaluru and Noida

Application and Registration Details

After you submit your application, you will receive the next steps in the process via email. Please follow the instructions provided to complete your application.

Incase you find any issue with the application process, please contact: [email protected] 

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