Tata Electronics

Contract Performance Manager

Posted: 7 hours ago

Job Description

About The BusinessTata Electronics is a prominent global player in the electronics manufacturing industry, with fast-emerging capabilities in Electronics Manufacturing Services, Semiconductor Assembly and Test, Semiconductor Foundry, and Design Services. Established in 2020 as a greenfield venture of the Tata Group, the company aims to serve global customers through integrated offerings across a trusted electronics and semiconductor value chain.Role OverviewThe Contract Manager is responsible for overseeing the complete contract lifecycle, ensuring all agreements are drafted, negotiated, executed, and managed to deliver maximum value while minimizing organizational risk. This role requires strong expertise in contract deliverables, compliance, risk management, and vendor relationship management—critical for coordinating multiple vendors and supporting essential site operations.Key Responsibilities1. Contract Management & GovernanceDraft, review, and negotiate contracts to secure favorable commercial and operational terms.Manage compliance with contract deliverables, SLAs, KPIs, and performance obligations to ensure smooth operations.Track key dates, obligations, deliverables, and milestones across multiple contracts to prevent lapses and maintain accountability.Develop and implement contract-related policies, procedures, and tools to standardize vendor performance and document control.2. Strategic Contract GovernanceImplement performance-linked contract management for IFM services using measurable KPIs and service-level expectations, improving service quality and reducing inefficiencies.Refresh and maintain Contract Management Plans and operating agreements to strengthen process compliance and enhance service consistency, resulting in annual cost savings.Lead post-award contract governance across the region through KPI analytics, site-level and LOT-level performance reviews, and structured action tracking (RAIL).Consolidate key contract components (Scope, OLA/SFP, TCBs, Actuals) to improve visibility and support strategic decision-making, achieving a 20% improvement in cross-regional standardization and reporting accuracy.3. Financial GovernanceImplement and oversee budgeting and forecasting processes to improve financial accuracy and alignment with organizational goals.Lead budgeting and forecasting for Project Cost Books to optimize resource utilization.Conduct monthly budget vs. actual analyses to identify cost variances, manage scope changes, and reduce operational overspend—delivering annual cost savings.Review and realign budgets for multiple contracts through quarterly financial assessments to enhance forecasting accuracy.Identify and resolve financial control issues, including incorrect invoicing, double taxation, unapproved billing, and delayed invoices, improving cost recovery and strengthening financial governance.4. Supplier & Performance ManagementManage supplier performance by validating quarterly KPI scorecards and conducting cross-LOT performance analysis to identify improvement opportunities.Hold monthly supplier and service reviews to ensure contractual alignment and consistently deliver high-quality site experiences.Develop and implement a centralized, governance-aligned document management repository ensuring seamless access, enhanced compliance, and 100% audit readiness.Ensure uninterrupted site operations and adherence to compliance guidelines, resulting in 100% service continuity and improved stakeholder satisfaction.Key CompetenciesStrong contract drafting, negotiation, and review capabilitiesExpertise in compliance, KPI monitoring, and dispute resolutionAbility to manage multiple contracts and track deliverables in high-stakes environmentsExperience developing contract governance frameworks, tools, and proceduresStrong analytical, financial management, and vendor relationship skillsQualificationBE / MBA with 5 to 10 years of experience

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