Procurement Contract Specialist
IBM · Budapest, Budapest, Hungary
- On site
- Full-time
- $95,000 / year
- Budapest, Budapest, Hungary
Job highlights
- Review supplier contract templates and support negotiations.
- Update and maintain contract templates, manage translations.
- Collaborate with Legal and Finance for control alignment.
- Utilize contract law knowledge to protect client interests.
- Manage multiple projects in a fast-paced environment.
About the role
Introduction
At IBM Finance & Operations, we are the backbone of IBM’s transformation driving efficiency, transparency, and smart decision-making across the business. Our teams provide the insight and discipline that guide strategy, ensure financial strength, and enable IBM to invest in innovation and growth. Working in Finance & Operations means combining analytical skills with collaboration and curiosity. You’ll partner with colleagues across functions and geographies, using data, technology, and process excellence to create solutions that improve performance and deliver measurable impact. IBM offers continuous learning, career development, and a culture that values diverse perspectives. Join us and be part of a global team that keeps IBM moving forward, while building your own future in a dynamic and evolving environment.
Your Role And Responsibilities
As a Procurement Operations Contract Specialist, you will be responsible for reviewing supplier contract templates and supporting deal negotiations. This role includes updating and maintaining contract templates, managing translation requests, and working with internal stakeholders to initiate and review procurement agreements. The Contract Specialist will collaborate closely with Legal and Finance teams to ensure that processes, templates, and work instructions align with internal control requirements.
Required Technical And Professional Expertise
- Contract Law Knowledge: Experience with contract law to review agreements, ensuring internal client interests are protected.
- Stakeholder Collaboration: Experience working with various internal client stakeholders to address procurement and internal client needs in supplier agreements.
- Strong understanding of legal and commercial terms commonly used in contracts.
- Excellent interpersonal and communication skills, including an impeccable mastery of the English language.
- Ability to manage multiple projects simultaneously, prioritize tasks, and meet deadlines in a fast-paced environment.
- Ability to work independently and collaboratively in a team environment.
- Unwavering commitment to conducting business with ethics and integrity.
Preferred Technical And Professional Experience
- Minimum of 3-5 years experience in contract administration, legal, procurement, or a related field.
- Legal/Paralegal experience strongly preferred but not required.
Key skills/competency
- Contract Law
- Procurement
- Contract Administration
- Negotiation
- Stakeholder Management
- Legal Terms
- Commercial Terms
- Risk Management
- Compliance
- IBM Finance & Operations
Skills & topics
- Procurement Contract Specialist
- Contract Law
- Procurement
- Contract Administration
- Negotiation
- Legal
- Finance
- IBM
- Supply Chain
- Agreement Review
How to get hired
- Tailor your resume: Highlight experience in contract law, procurement, and stakeholder collaboration relevant to IBM.
- Showcase legal acumen: Emphasize your understanding of legal and commercial contract terms.
- Demonstrate project management: Detail your ability to manage multiple projects and meet deadlines.
- Emphasize ethical conduct: Express your unwavering commitment to ethics and integrity in business.
- Network and apply: Connect with IBM recruiters on LinkedIn and apply through their official careers portal.
Technical preparation
Behavioral questions
Frequently asked questions
- What is the primary responsibility of a Procurement Contract Specialist at IBM?
- The primary responsibility of a Procurement Contract Specialist at IBM involves reviewing supplier contract templates, supporting deal negotiations, updating contract templates, managing translation requests, and collaborating with internal stakeholders, Legal, and Finance teams to ensure alignment with internal control requirements.
- What kind of legal knowledge is required for the IBM Procurement Contract Specialist role?
- IBM requires a strong understanding of contract law for this role. This includes reviewing agreements to ensure internal client interests are protected and a good grasp of commonly used legal and commercial terms in contracts.
- Does IBM prefer candidates with a legal or paralegal background for the Contract Specialist position?
- While not strictly required, IBM strongly prefers candidates with legal or paralegal experience for the Procurement Contract Specialist role. A minimum of 3-5 years in contract administration, legal, procurement, or a related field is generally expected.
- How does an IBM Procurement Contract Specialist collaborate with other teams?
- The Contract Specialist collaborates closely with various internal client stakeholders, including Legal and Finance teams. This collaboration ensures that procurement agreements, processes, and templates align with internal control requirements and address stakeholder needs effectively.
- What soft skills are essential for an IBM Procurement Contract Specialist?
- Essential soft skills include excellent interpersonal and communication abilities (with impeccable English mastery), the capacity to manage multiple projects simultaneously, prioritize tasks, meet deadlines in a fast-paced setting, and the ability to work both independently and collaboratively within a team.
- How important is ethical conduct for this role at IBM?
- Ethical conduct is paramount. IBM emphasizes an unwavering commitment to conducting business with ethics and integrity, which is a core requirement for all its employees, including Procurement Contract Specialists.