Lead Contract Manager, IDC Contracts Job at Meta (Menlo Park)

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.

Job Responsibility

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

Requirements

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

Nice to have

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

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Lead Contract Manager, IDC Contracts

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