IT Contracts and Assets Lead

Amneal PharmaceuticalsBridgewater, NJ
94d

About The Position

The IT Contracts and Assets Lead serves as a critical resource in ensuring the effective and compliant management of IT procurement, vendor contracts, and IT asset oversight. This role collaborates with IT leaders, managers, Finance, and Procurement to align procurement and contracting activities with company policies, including Delegation of Authority (DOA) and procurement guidelines. The IT Contracts and Assets Lead will also ensure timely contract renewals, conduct thorough reviews of MSAs, SOWs, and related documentation to confirm clear objectives, deliverables, milestones, and resource requirements. Additionally, the position will play a proactive role in vendor negotiations to secure favorable terms and maintain a centralized repository for contracts, revisions, change orders, and associated Capital Authorization Requests (CARs). This role requires a blend of technical expertise, business acumen, and strong organizational and negotiation skills to deliver value to the organization and ensure compliance.

Requirements

  • Strong understanding of IT procurement processes and compliance requirements.
  • Experience in vendor contract management, including MSAs and SOWs.
  • Excellent negotiation skills and ability to advocate for favorable contract terms.
  • Proven ability to manage multiple projects and prioritize effectively.
  • Strong analytical skills to identify risks and opportunities in contracts.
  • Ability to collaborate effectively with cross-functional teams.

Nice To Haves

  • Experience in a similar role within the IT industry.
  • Familiarity with Capital Authorization Requests (CARs).
  • Knowledge of compliance metrics and reporting tools.

Responsibilities

  • Ensure all IT procurement aligns with corporate policies, including procurement and DOA guidelines.
  • Monitor and enforce compliance across all vendor engagements, flagging risks or non-compliance for resolution.
  • Act as the primary liaison between IT, Finance, and Procurement to streamline procurement processes.
  • Oversee all stages of vendor contract management, including reviews of Master Service Agreements (MSAs) and Statements of Work (SOWs).
  • Support IT leaders in vendor negotiations, advocating for favorable terms that align with Amneal's strategic and operational goals.
  • Ensure timely renewal of contracts, minimizing disruptions and risks associated with lapses.
  • Proactively identify opportunities to consolidate or renegotiate contracts for cost savings and enhanced vendor relationships.
  • Maintain a centralized, well-organized repository for all IT contracts, revisions, change orders, and associated Cars.
  • Track IT capital and operational expenditures related to procurement and vendor management.
  • Develop and manage reporting tools to provide visibility into contract statuses, asset utilization, and compliance metrics.
  • Partner with IT leaders and managers to understand business needs, translating them into actionable procurement and contract strategies.
  • Act as a subject matter expert on procurement and contracting best practices for IT staff.
  • Provide regular updates to the Global IT Operations Leader on procurement performance, compliance status, and vendor relationship effectiveness.
  • Identify risks within contracts, including ambiguous terms, weak deliverables, or unfavorable conditions, and collaborate with stakeholders to resolve them.
  • Regularly monitor and report on key performance metrics, including contract renewal timelines, compliance adherence, and vendor performance.
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