Contract Renewal Specialist

Petaling Jaya, Selangor, Malaysia

Job Description


NTT is a leading global IT solutions and services organisation that brings together people, data and things to create a better and more sustainable future.

In today\xe2\x80\x99s \xe2\x80\x98iNTTerconnected\xe2\x80\x99 world, connections matter more now than ever. By bringing together talented people, world-class technology partners and emerging innovators, we help our clients solve some of the world\xe2\x80\x99s most significant technological, business and societal challenges.

With people at the heart of our success, NTT is committed to attracting and growing the best talent and providing an environment where everyone feels they can belong and their contribution matters.

Want to be a part of our team? Supports all commercial-related activities including, but not limited to, deal structuring, contract creation, pricing, review, and approval for offers, contract management, and providing support to field sales for quoting purposes.

Ensures deals are structured and processed efficiently and align to company policies.

Reviews, interprets, and confirms contract terms and conditions; works closely with finance and legal teams to ensure all contracts are accurate.

Verifies compliance with internal policies (and external regulations).

Responsible for drafting, modifying, and finalizing contracts, including new and add-on business.

Responsible for the handling of day-to-day queries from groups including, sales, sales development, and account management teams using quoting tools and/or CRM system.

May support sales enablement group.

Resolves problems through research, consulting with internal support teams, to identify the appropriate tools for success.

Review and approve deals for the company\xe2\x80\x99s customers and prospects.

Working at NTT

Contract Renewal Specialists operate in a medium to high / very high complexity environment and are typically assigned to client accounts. Incumbents within these jobs demonstrate an understanding of the vendor and services management environment and stakeholder interests.

The primary responsibility of the Contract Renewal Specialist is to ensure that all service delivery that is ready for renewal are quoted accurately and that new orders are captured in the relevant service administration database. They may also be performing client-facing activities to perform commercial negotiation based on the service offering, with the outcome of securing the renewal with the client.

Key Roles and Responsibilities:

  • Understand the competitive landscape of the renewal, client\xe2\x80\x99s need changes, and vendor costs and generate a competitive and profitable renewal quote/proposal to maximize the chances of securing the renewal
  • Works with the renewal owner or the client directly to review the client\xe2\x80\x99s commercial needs and work within the company policy and rules to create a commercially favorable renewal quote/proposal
  • Maximize upsell opportunities as part of the renewal such as uplift of service level or enlargement of the installed base, in some cases, by interacting directly with clients
  • If part of direct renewals with clients (long tail renewals), will perform client-facing interactions or support renewal owner in aligning the internal commercial considerations with the clients\xe2\x80\x99 needs as part of the renewal negotiations.
  • Exercise business decisions on margins and commercial terms like payment terms in line with the company\xe2\x80\x99s commercial policy
  • In a client-facing role, Contract renewal specialist will secure the renewal order from the client and will liaise with internal teams to ensure the order is onboarded accurately.
  • Upon clients\xe2\x80\x99 issuance of renewal order, ensure clients\xe2\x80\x99 orders are validated and processed accurately in the internal systems, in accordance with company order intake policy
  • Ensure all commercial documents such as clients purchase orders, vendor quotes, internal commercial documentation are complete and accurate
  • Provide specialization expertise of renewal enablement by vertical, segmentation, upsell, cross-sell, in line with business requirements
  • Analyze and recommend improvements in methodology of costing/pricing and quoting methodology by client segmentation/vertical, by the vendor, and by contract profile
  • Analyze, recommend and drive adoption long-tail renewal methodology including upsell and cross-sell
Knowledge, Skills, and Attributes:
  • Ability to work with a variety of internal teams to ensure the successful execution of their daily activities
  • Displays excellent understanding of the relevant systems and portals
  • Ability to work quickly and accurately, whilst being able to balance general administrative duties and excellent client service orientation
  • Ability to display an understanding of the business needs and expectations and the ability to consistently deliver a quality service through offering the required support
  • Reliable with the ability to produce a high quality of work
  • Excellent attention to detail and ability to manage work processes and display strong orientation towards ensuring client satisfaction and service delivery
  • Ability to plan well and organize their daily work activities
  • Meticulous attention to detail together with good organization skills
  • Excellent understanding of business needs and expectations and uses skills and knowledge to produce a wide range of tasks
  • Ability to build solid relationships with internal and external stakeholders
  • Excellent written and verbal skills
  • Should be at least an intermediate on MS Productivity tools like excel, word and PowerPoint
Academic Qualifications and Certifications:
  • Bachelor\xe2\x80\x99s degree or equivalent in any stream (Finance graduates would be preferred)
  • Completion or working towards completion of an ITIL certification is preferable
Required Experience:
  • Demonstrable years of related industry experience
  • Demonstrable knowledge on costing and quoting for services renewal
  • Vendor back out knowledge is preferable
  • Demonstrable order booking processes knowledge \xe2\x80\x93 Quote to Order / Order to Cash Knowledge
What will make you a good fit for the role?

Equal Opportunity Employer

NTT is proud to be an Equal Opportunity Employer with a global culture that embraces diversity. We are committed to providing an environment free of unfair discrimination and harassment. We do not discriminate based on age, race, color, sex, religion, national origin, disability, pregnancy, marital status, sexual orientation, gender reassignment, veteran status, or other protected category

Join our growing global team and accelerate your career with us. Apply today.

A career at NTT means:

Being part of a global pioneer \xe2\x80\x93 where you gain exposure to our Fortune 500 clients and world-leading global technology partners and work with a network of over 40,000 smart and diverse colleagues across 57 countries, delivering services in over 200 countries.

Being at the forefront of cutting-edge technology \xe2\x80\x93 backed with a 150-year heritage of using technology for good. With 40% of the world\xe2\x80\x99s internet traffic running on our network and where Emoji were first invented, you can be proud of the group\xe2\x80\x99s many new \xe2\x80\x98firsts\xe2\x80\x99.

Making a difference \xe2\x80\x93 by doing meaningful work that helps to shape the future for our clients, and across industries and communities around the world.

Being your best self \xe2\x80\x93 in a progressive \xe2\x80\x98Connected Working\xe2\x80\x99 environment that promotes flexibility, connection and wellbeing. Where diversity and different perspectives are embraced to ensure equal opportunities for all.

Having ongoing opportunities to own and develop your career \xe2\x80\x93 with a personal and professional development plan and access to the broadest learning offerings in the industry.

NTT Corporation

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Job Detail

  • Job Id
    JD1007618
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Petaling Jaya, Selangor, Malaysia
  • Education
    Not mentioned