Lead Contract Manager, IDC Contracts
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Meta
Menlo Park, CA, US
Summary
Direct the overall contract management function at the program level, focusing on custom contracting strategies and complex deal formation. Partner with business and legal leads to mitigate risk, ensure policy compliance, and optimize the source-to-pay process.
Job Description
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.
Responsibilities
- 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
- Partner with business leads to help navigate complex operations and Capital Improvement initiatives with significant spend and risk; drive cross-functional contracts risk and cost containment efforts
- Develop and continuously improve deal-to-contract strategies and procedures, ensuring compliance with internal policies and business controls
- Collaborate with cross-functional business leads to deliver on strategic initiatives, including: aligning new contract strategies to new project delivery strategies; responding to market conditions (i.e. supply chain risk, tariffs); and developing new or evolving existing contracting strategies (i.e. bonus incentive structures, risk transfer and apportionment)
- 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
- Develop and maintain internal (customer and business partner) and external (Supplier) relationships to ensure productive interactions on complex contracting issues
- 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
- 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 training to team, peers, and outside business units to enhance the quality and efficiency of contracting processes
- Continuously examine existing policies and procedures to optimize the end-to-end process from source-to-pay with all parties concerned and direct compliance and audit readiness
- Manage and coordinate various initiatives and contracts management responsibilities with programmatic and national or global implications
- Partner with other Contracts Leads to monitor and refine Key Performance Indicators (KPIs) for the purposes of Quarterly and Annual Business Reviews. Evaluate KPIs to identify trends and issues and manage resolution and optimization
Minimum Qualifications
- 15+ years of work experience in transactional contract management, construction law, construction risk management, supply chain or similar contract-related experience
- Bachelor's degree or equivalent work experience in Construction Management, English, Accounting, Legal Studies, Contract Law, Business Administration, Engineering or similar
- Experience in Microsoft Office and Google applications
- Experience with typical construction industry contracting approaches and fee structures, such as: Lump Sum, Guaranteed Maximum Price (GMP), Cost Reimbursement, Cost Plus Fee, Time & Materials, Hourly Rate, Not to Exceed, Design/Build, Integrated Project Delivery, Engineering, Procurement & Construction (EPC), Financial Incentive Structures
Preferred Qualifications
- Experience quickly adjusting to changing business priorities and confidence to make decisions with limited information
- Graduate-level professional degree in Law (JD), Business Administration, Engineering, Supply Chain or similar
- Demonstrated knowledge in process development and continuous improvement in contracts playbooks, deal-to-contract intake/pipelines, and other related procedures and tools
- Experience in communication, influencing, and presentation skills with a proven track-record of driving complex multi-stakeholder projects and programs
- Experience defining priorities and driving decisions in evolving or undefined environments, and leading process or organizational change initiatives
- Experience managing and directing policy compliance requirements and audit responses
- Experience collaborating with internal and/or external Legal partners for final approval of contracts
- Solid commitment to contracts and records management efficiencies, with extensive experience across a broad spectrum of contract types, contract clauses, and business records
$178,000/year to $245,000/year + bonus + equity + benefits
Meta's mission is to build the future of human connection and the technology that makes it possible.
Our technologies help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.
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For a full listing of our jobs, visit https://www.metacareers.com
Company size
10,001+ employees
Industry
Software Development
Org type
Public Company
Headquarters
Menlo Park, CA
Meta's mission is to build the future of human connection and the technology that makes it possible.
Our technologies help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.
To help create a safe and respectful online space, we encourage constructive conversations on this page. Please note the following:
• Start with an open mind. Whether you agree or disagree, engage with empathy.
• Comments violating our Community Standards will be removed or hidden. Please treat everybody with respect.
• Keep it constructive. Use your interactions here to learn about and grow your understanding of others.
• Our moderators are here to uphold these guidelines for the benefit of everyone, every day.
• If you are seeking support for issues related to your Facebook account, please reference our Help Center (https://www.facebook.com/help) or Help Community (https://www.facebook.com/help/community).
For a full listing of our jobs, visit https://www.metacareers.com
Company size
10,001+ employees
Industry
Software Development
Org type
Public Company
Headquarters
Menlo Park, CA