Contracts Administrator, Senior - M&A Integration

1 Month ago • 5 Years + • Administrative

About the job

Job Description

As a Contracts Administrator, Senior, you will be responsible for managing the integration of acquired company contracts into Progress' commercial contracting practices and procedures. You will work closely with key stakeholders to facilitate a smooth integration and ensure compliance with Progress' standards and policies. Responsibilities include creating and maintaining post-acquisition integration playbooks, updating contract templates, reviewing existing contracts, developing methods for addressing problematic clauses, creating contract related KPIs, and delivering training to acquired company personnel. You may also participate in pre-acquisition contract diligence activities, such as identifying contracts with common suppliers, highlighting consolidation opportunities, and identifying key contracts with potentially problematic clauses.
Must have:
  • 5+ years of experience in technology-related agreements
  • In-house experience in IT industry, ideally software sector
  • Bachelor's degree in law, business administration, or related field
  • Knowledge of public company controls and procedures
  • Excellent written and verbal communication skills
  • Strong analytical, problem-solving, and organizational skills
  • Proficiency in Microsoft Office applications
  • Experience with CRM tools and contract lifecycle management systems
Good to have:
  • Experience with post-acquisition contract integration practices
  • Experience with fewer than 5 years but 2 years of in-house IT experience
Perks:
  • 30 days of earned leaves plus an extra day off for birthday
  • Various other leaves
  • Premium Group medical Insurance for employee and 5 dependents
  • Personal accident insurance coverage
  • Life insurance coverage
  • Professional development reimbursement
  • Interest subsidy on loans
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We are Progress (Nasdaq: PRGS) - a trusted provider of software that enables our customers to develop, deploy and manage responsible, AI powered applications and experiences with agility and ease. 
We’re proud to have a diverse, global team where we value the individual and enrich our culture by considering varied perspectives because we believe people power progress. Join us as a Contracts Administrator, Senior - M&A Integration and help us do what we do best: propelling business forward. 
 
Overview: As a Contracts Administrator, Senior, you will be part of a focused team responsible for managing all aspects of integrating acquired company contracts into Progress’ commercial contracting practices and procedures. You will work closely with key stakeholders in Progress and the acquired company to facilitate a smooth integration and ensure compliance with Progress’ standards and policies. While the focus of the role will be on post-acquisition contract integration, you may also be asked to participate in pre-acquisition contract diligence activities.

In this role, you will:  

  • Contribute to the creation and maintenance of post-acquisition contract integration playbooks.
  • Update standard contracts templates for acquired company products and services to align with Progress’ contracting practices.
  • Review acquired company’s existing contracts and develop methods and schedule for addressing problematic contract clauses via negotiated amendments or replacement agreements.
  • Help create contract related KPIs for each acquisition integration and measure individual performance against those KPIs.
  • Deliver training to acquired company personnel on company polices and procedures relevant to contracting, as well as contract integration strategy and plans for execution.
  • Perform additional activities, as required, in the area of pre-acquisition contract diligence including:
  • Identification of contracts with common suppliers providing the same products and services, highlighting consolidation opportunities
  • Identification of contracts requiring critical attention, such as deadlines for a notice to a supplier about contract renewal or termination intentions
  • Identification of key and important contracts with potentially problematic clauses, such as: assignment limitations, change of control consequences, exclusivity rights. 

Your background:  

  • A minimum of 5 years of experience in the creation, negotiation, administration and monitoring of technology-related agreements, and in the use of related automation tools and products.
  • In-house experience in the IT industry is essential, ideally in the software sector. Experience with post-acquisition contract integration practices and procedures is a plus.
  • Will consider candidates with fewer than 5 years of experience, provided they have a minimum of 2 years of in-house experience in the IT industry.
  • A bachelor's degree in law, business administration, or a related field.
  • Knowledge of public company controls and procedures.
  • Excellent written and verbal communication skills in English.
  • Strong analytical, problem-solving, and organizational skills.
  • Proficiency in Microsoft Office applications, such as Word, Excel, PowerPoint, and Outlook.
  • Experience with CRM tools and contract lifecycle management systems, such as Salesforce, Conga, or DocuSign.
  • Attention to detail and accuracy.
  • Ability to work independently and collaboratively in a fast-paced, business and results-oriented and team based environment.
  • Ability to prioritize and manage multiple tasks and deadlines.
  • Ability to build and maintain positive relationships with internal and external stakeholders.
  • Ability to exercise sound judgment and discretion in handling confidential and sensitive information.
  • High ethical standards and integrity.
If this sounds like you and fits your experience and career goals, we’d be happy to chat.
What we offer in return is the opportunity to experience a great company culture with wonderful colleagues to learn from and collaborate with and to enjoy:   
  • 30 days of earned leaves plus an extra day off for your birthday, various other leaves like Marriage leave ,Casual leave, Maternity leave , Paternity Leave
  • Premium Group medical Insurance for employee and 5 dependents ,Personal accident insurance coverage, Life insurance coverage
  • Professional development reimbursement
  • Interest subsidy on loans - either vehicle or personal loans
Apply now!  

Together, We Make Progress

Progress is an inclusive workplace where opportunities to succeed are available to everyone. As a multicultural company serving a global community, we encourage a wide range of points of view and celebrate our diverse backgrounds. Our unique combination of perspectives inspires innovation, connects us to our customers and positively affects our communities. It is only by working together and learning from each other that we make Progress. Join us!

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About The Company

Progress (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and experiences with agility and ease. Customers get a trusted provider in

Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

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