Citi Contract Specialist in Budapest, Hungary

  • Primary Location: Hungary,Budapest,Budapest

  • Education: Bachelor's Degree

  • Job Function: Procurement

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: No

  • Job ID: 17039299


Citi Service Center Budapest was established in 2005 to serve 54 countries across EMEA and globally in some functions. We have grown over the years to boast over 20 separate products and functions, exceeding 1,000 employees and we continue to grow.

We are looking for a Contract Specialist for our Team within the Sourcing organization.

Who we are? We provide day to day sourcing support activities to the ESC (Enterprise Supply Chain) Country heads and Sourcing Managers including, but not limited to: RFP/RFQ support, contract management, supplier selection support and negotiations.

Contract Specialist

Job purpose:

The Contract Specialist interfaces with internal businesses, suppliers and legal groups, and work with Contract Analysts, Sourcing Managers and Category Leads to manage the contract life-cycle of contracts, including but not limited to the expiring contracts in our contract database.

The Contract Specialist needs to be organized, detailed and have strong multi-tasking skills as they will be responsible for managing several contracts across different categories and countries.

Your tasks:

  • Liaise with contract owners, stakeholders, sourcing managers and suppliers in written communication and via tele- or videoconference

  • Review and manage the contract milestones

  • Take necessary actions and manage the contract process (contract termination, contract renewal, contract amendment, etc.) based on the business decision

  • Manage the contract renewal process from contract drafting to execution

  • Obtain the required approvals and ensure contract compliance and risk management

  • Get involved in contract rationalization and process improvement initiatives

  • Reporting and analysis related to contract management

  • Meet all audit guidelines and ensure adherence to Citi processes and procedures.

Your profile:

  • BA or equivalent experience preferred

  • Strong administrative, analytical, communication, presentation and interpersonal skills.

  • Proficiency in Microsoft Office products and ability to quickly learn other computer application.

  • Knowledge of ERP systems and eProcurement tools such as Oracle, Procure-to-Pay, etc.

  • Diligent and reliable, detailed documentation and organizational skills

  • Fluent in English - another European language is an advantage

  • Sourcing experience preferred, with contract knowledge a plus.

  • Contracts administration and management knowledge.

  • Strong experience in reviewing and managing contracts is required.

What we offer:

  • Opportunity to develop knowledge of sourcing commodities and liaison with Sourcing Managers, Legal, Procurement and Businesses

  • Opportunity to develop as a financial shared service professional

  • Opportunity to interface with numerous Procurement and non-Procurement departments

Apply now to be part of this multicultural and dynamic team. Your place is here.