FSS – Commercial Finance (MSA Management) - Analyst
Finance & Shared Services-Australia
Finance & Shared Services (“FSS”) team provides support to our internal service lines across disciplines such as financial reporting, Business System, Resources Management, Talent, and Information Technology. In addition, we have other sub-teams under FSS which provides client service excellence on independence and other compliance checks.
Position Summary
We are seeking a meticulous and detail-oriented Analyst to join our team. The primary responsibility of this role is to analyze Master Service Agreements (MSAs), capture key contract terms, and manage follow-up communications for contracts due to expire or requiring rate uplifts. The ideal candidate will have a strong understanding of contract management, excellent analytical skills, and the ability to communicate effectively with stakeholders.
Key Accountabilities:
Commercial Terms Understanding: Maintain a thorough understanding of commercial terms and conditions. Provide insights and recommendations on commercial terms to optimize pricing agreements.
Collecting MSA Documents and Variations: Collect and organize all Master Service Agreement (MSA) documents and their variations. Update key terms, commencement and expiry date, Price review clause including APR (Annual Price Review), and other relevant information in the data repository. Maintain an accurate and up-to-date database of all MSA documents to ensure easy access and retrieval.
Data Management: Maintain an organized database of contract terms and conditions, update records promptly to reflect any changes or amendments to contracts, ensure data integrity and accuracy in all contract-related documentation.
Communicating MSA Expiry: Regularly review the data repository to identify MSAs that are due to expire. Communicate with the MSA team to provide a list of MSAs approaching their expiration dates. Assist the MSA team in preparing for renewals or renegotiations by providing necessary documentation and insights.
Reporting and Documentation: Prepare regular reports on contract status, upcoming expirations, and rate adjustments. Document all communications and actions taken regarding contract management. Provide insights and recommendations based on contract analysis.
Stakeholder Management: Liaise with internal teams, including legal, finance, and procurement, to ensure alignment on contract terms and renewals. Address any queries or concerns from stakeholders regarding contract terms and conditions.
Qualifications
- Bachelor’s/ Master’s degree in any field
- 1-3 years of proven experience in contract analysis and management.
- Strong analytical skills with attention to detail.
- Excellent written and verbal communication skills.
- Proficiency in MS Office and SharePoint
- Ability to manage multiple tasks and meet deadlines.
Preferred Skills
- Knowledge of legal terminology and contract law.
- Experience in a corporate or legal environment.
- Strong organizational and time management skills.
- Ability to work independently and as part of a team.
Impact and Opportunities:
Operational Efficiency and Innovation: Streamlined contract management processes lead to significant time savings and reduced administrative burdens.
Risk Mitigation and Compliance Assurance: Accurate capture and adherence to contract terms ensure compliance with legal and regulatory requirements, reducing potential legal and financial risks.
Financial Optimization and Strategic Contributions: Proactive management of contract renewals and rate uplifts maximizes revenue potential and contributes to cost savings.
Stakeholder Satisfaction and Cross-Functional Collaboration: Clear and timely communications with stakeholders improve relationships and build trust, fostering long-term partnerships.
Professional Growth and Leadership Potential: The role’s responsibilities and challenges contribute to significant skill development in contract management, negotiation, and stakeholder engagement.
Work Location: Hyderabad
Work Timings: 6:30 a.m. to 3:30 p.m.
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