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Vendor & Contract Team Lead

Vendor & Contract Team Lead

  • Location United States - Colorado - Denver
  • Travel required Yes - up to 10%
  • Job category Procurement & Supply Chain Management Group
  • Relocation available No
  • Job type Professionals
  • Job code 139629BR
  • Experience level Senior
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Job summary

Job Title: Technology and IT Vendor & Contracts Analyst

About bpx:
At bp/bpx energy, we’re reimagining energy for people and our planet. With operations around the world working across almost every part of the energy system, we are reinventing our business to help us reduce the carbon in our operations, grow new low carbon businesses and products, and actively advocate for progressive climate policies.

We are a diverse team of engineers, scientists, traders, and business professionals determined to find ways to tackle some of the world’s biggest issues. But we know we can’t do it alone. So, whether you’re at the start of your career, or a have few years under your belt, we are looking for people who share our passion for reinvention who can bring a fresh perspective, collaborative spirit, and challenge our thinking in our ambition to achieve net zero.

About the Role:
The Vendor/Contract Manager is responsible for the smooth operation of the Technology and IT vendor and contract ecosystem including supporting business-sector requests for new technology capabilities. The Vendor/Contract Manager shall have a track record of managing and evaluating suppliers, processing, and negotiating contracts, supporting business units to define requirements to develop statements of work, commercial risk management, and communication skills that include metrics-based dashboard status reporting. Finally, the Technology and IT Vendor & Contracts Manager will be comfortable operating in an environment of technology-based products and services such as cloud service agreements.

Key Accountabilities Include:
Strategic Leadership:
The Vendor/Contract Manager will advance the group’s role within bpx by improving:

  • Key metrics and reporting of vendor and contract statuses
  • Supplier segmentation to identify strategic suppliers, including evaluation process such as Scorecard for major suppliers
  • Automation to decrease work-clutter, including ServiceNOW ingestion process, ContractAI negotiation process, etc.
  • Communication roles with counterparts in BP Group
  • Commercial risk-management process, including ability to effectively communicate difficult messages.

Vendor Management:
  • Vendor performance evaluation process and scorecard
  • Segmentation of Vendors by importance, financial spend, or other strategic metrics
  • Monthly/Quarterly service reviews of most-valued vendors
  • Value leakage – identify and remediate value leakage
  • Develop a sourcing strategy for large IT segments (contract labor, outsourced service desk, etc.)
  • Dispute resolution and mediation, including consulting with bpx stakeholders with contract interpretation and recommendations to resolve disputes

Contract Manager:
Bpx IT and Technology/Business community is segmented into a few large strategic relationships
and is heavily augmented by point-solutions offered by niche technology firms, often in the
cloud-services/SaaS space. Contract management overlaps with traditional procurement functions.
Contract Manager proficiencies include:
  • Selection Process (e.g. RFP, RFI, etc.): For new work, this often includes working with the relevant business team to specify and organize requirements in a market-sensible manner; and serve as the key commercial member of a project team.
  • Negotiation Process including devising Negotiation Strategy. For both new and existing suppliers, leadership to drive creation and final documentation of statement of work. For legal terms and conditions (e.g. MSA), collaborate with legal to provide business context.
  • For expansion of work for current supplier, organize, negotiate, and finalize relevant documents such as Statement of Work; and conform to MSA terms and conditions
  • Process contract extensions
  • Risk summary and presentation to senior leadership for approval
  • Knowledge of managed service agreements, software agreements, and cloud service agreements.
  • Mid-range strategic view to improve processes, automate, and out-task repeatable tasks and free-up cycles for higher value work
  • Collaboration with adjacent teams in Legal, PSCM, and BP Group

Required Qualifications:
  • University Degree in Finance, Accounting, Business Administration or Engineering.
  • 5+ years of experience negotiating and managing IT and Technology Contracts. Experience in a Technology / Fortune 500 company is a plus.
  • Strong ERP experience (SAP)
  • Agile experience
  • Excellent communication and presentation skills with both technical and nontechnical team members and stakeholders.
  • Encourage and demonstrate comfort with change, ambiguity, debate, conflict, experimentation, and informed risk taking.
  • Ability to maintain high ethics and integrity.
  • Experience and comfortable in working in a dynamic fast paced environment.
  • Ability to work under pressure and meet deadlines, with excellent time management skills.
In addition to the key accountabilities & required qualifications, the successful candidate is likely to be able to demonstrate:
  • Strong business acumen and data-driven decision-making capabilities
  • Self-starter, works with minimal supervision
  • Ability to quickly analyze large volumes of information, recognize trends, develop solutions to business issues and recommend preferred alternatives. Experience with visualization tools, (Power BI) is a plus
  • Ability to manage competing priorities
  • Ability to create automation and efficiencies within the contract workflows. PowerApp experience is a plus.
This position is based in Denver, Colorado. Houston, Texas is optional.

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