Commercial Counsel - M&A Integration
Job Summary
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 Commercial Counsel - M&A Integration and help us do what we do best: propelling business forward.
Overview: As a Commercial Counsel, you will lead a small, focused team responsible for managing all aspects of integrating acquired company contracts into Progress’ commercial contracting practices and procedures. You will collaborate with senior leaders, Corporate Development, and other teams across Progress, including Finance, Sales Management, Product Management, and Information Security, as well as colleagues in the Legal team, to design and implement sound and efficient M&A integration plans for proper integration of all types of contracts. While the focus of the role will be on post-acquisition contract integration, you and the team may also be asked to participate in pre-acquisition contract diligence activities.
In this role, you will:
- Develop and maintain M&A contract integration playbooks.
- Establish contract integration KPIs for each acquisition and measure team performance against those KPIs.
- Educate and advise internal stakeholders at all levels with respect to legal issues and risk management in relation to contract integration.
- Continuously identify and implement improvements and best practices to enhance the efficiency and effectiveness of the contract integration function.
- Collaborate with the team as well as Sales, Finance, and other stakeholders to design and implement a sound and pragmatic approach for identifying, prioritizing and addressing problematic contract terms in acquired company contracts.
- Oversee the design and implementation of contract templates for acquired company products and services to align with Progress’ contracting practices.
- Lead the team in the performance of additional responsibilities, as required, in the area of pre-acquisition contract diligence, including:
- Review and assessment of target’s contract management function, highlighting key differences.
- 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:
- Law degree from a reputable university.
- Minimum of 5 years of relevant experience as a commercial lawyer, preferably in the IT industry
- In-house experience in a fast-paced, business and results-oriented and team-based environment.
- Will consider candidates with fewer than 5 years of legal experience, provided they have a minimum of 2 years of in-house experience in the IT industry.
- Experience designing and implementing M&A related contracts integration strategies.
- Experience leading and managing projects to build consensus on complex business issues.
- Knowledge of public company controls and procedures.
- Excellent written and verbal communication skills in English.
- Strong analytical, problem-solving, and organizational skills.
- Strong business acumen and strategic thinking skills.
- Excellent drafting, negotiation, and communication skills.
- Ability to work independently and manage multiple projects and deadlines.
- Ability to work effectively with cross-functional teams and diverse stakeholders.
- Ability to provide practical advice to legal and business colleagues.
- 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 also to enjoy:
Compensation
- Generous remuneration package
- Employee Stock Purchase Plan Enrolment
Vacation, Family, and Health
- 30 days of earned leave
- An extra day off for your birthday
- Various other leaves like marriage leave, casual leave, maternity, and paternity leave
- Premium Group Medical Insurance for employees and five dependents, personal accident insurance coverage, life insurance coverage
- Professional development reimbursement
- Interest subsidy on loans - either vehicle or personal loans
- Health club reimbursement
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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