Contract Specialist
2 weeks ago
**COMMERCIAL CONTRACT SPECIALIST**
- Position at GVW Group (Pty) Ltd _supporting GVW_ Group, LLC and its affiliated companies_
**Who are we?** GVW Group is a dynamic private investment and industrial holding company dedicated since 1993 to growing and starting businesses. We take an entrepreneurial approach to building value for our scalable early stage, high-growth, and mid-sized operating companies by providing strategic expertise and resources. Along the way, we have expanded globally into diverse industries ranging from manufacturing, to technology, distribution, big data, engineering, and energy efficiency.
What will you do? Lead contract negotiations, assist with the management of the contract management system and oversee the entire contract lifecycle, assist the Legal team with reviewing and drafting of legal documentation, conduct research and provide training.
**Key Responsibilities**:
The primary responsibilities and main duties of the Legal and Contract Compliance Administrator role include but are not limited to the following, and may change from time to time:
- ** Contract Negotiations**:
- Lead, direct, and coach supplier, vendor and partner negotiations alongside the Procurement team and other Business Units to achieve favourable terms and conditions that align with company’s objectives.
- ** Collaborate with the Procurement team to negotiate pricing and commercial aspects of supplier and vendor agreements and assist the Legal Team (**to the extent permissible as a non-U.S. licensed attorney**) in translating requirements into appropriate contract terms.**:
- ** Identify and discuss potential company risks arising from contractual commitments with the Legal team.**:
- ** Manage a variety of contracts, from SAAS agreements to complex supply agreements, from deal initiation through to management approval**.**:
- **Identify and optimize the contract's commercial leverage** and prepare the contract summary to be presented to Business**/Management**.**:
- ** Assist with the drafting of the negotiation strategy/playbook**.**:
- ** Collaborate closely with the US Legal Team and internal stakeholders, including Finance and Operations, to ensure alignme**nt and coordination throughout the contract lifecycle.**:
- ** Evaluate vendor performance and conduc**t periodic reviews to ensure compliance with contractual obligations, pricing updates and service level agreements.**:
- ** Acquire comprehensive knowledge of multiple businesses within the commercial vehicle industry, including their current or potential suppliers, previous and current agreements, performance monitoring and **current status**.**
- **
Contract **drafting**:
- Collaborate with the Legal Team (to the extent permissible as a non-U.S. licensed attorney) to review, update, and maintain templates for procurement agreements.
- ** Draft complex pricing provisions, such as raw material pricing adjustments, volume-based pricing reductions, and other conditional adjustments as negotiated by the parties, ensuring future adjustments comply with the agreement, in collaboration with the Legal Team (**to the extent permissible as a non-U.S. licensed attorney**)**.**:
- **Under the supervision of the U.S. Legal Team, review and draft commercial agreements as requested** with a focus on building the company’s strategic advantage**.**:
- ** Review and draft **South **Africa**n** c**ommercial agreements **as requested.**:
- ** Review supplier strategy with Procurement team and draft agreements** (to the extent permissible as a non-U.S. licensed attorney)** for appropriate contract types, pricing provisions and adherence to company sourcing templates, all consistent with strategies and directives.**:
- **Collaborating with **the **Legal team to suggest improvements to templates, processes, operating procedures, and reporting.**:
- ** Ensuring that contracts are reviewed, approved, and signed by authorized parties.**:
- ** Ensure that business teams are aware of and take steps to receive all benefits specified in the contract and that document retention processes, systems, and protocols are followed.**
- **
Reporting**:
- Provide various reports to the Legal team and Business units.
- Tailoring reports to meet the needs of internal stakeholders.
- **
Compliance**:
- Providing of support to the Legal team on compliance, IP and regulatory issues.
- Assistance with the review of Know-Your-Customer (KYC)// due diligence documents as required.
- **
General**:
- Providing support to the Legal team on legal and HR issues.
- ** Organizing periodic contractual review meetings**.****:
- **Supports and reinforces commercial and contractual awareness amongst all employees.**:
- ** A**ssist with the management of the contract management system and oversee the entire contract lifecycle**.**
**Qualifications And Experience**
- Four-year bachelor’s program and LLB degree from an accredited law school.
- Admission as an attorney or Advocat
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