Contract Management Specialist

As a Contract Management Specialist, you will be responsible for overseeing and managing contracts throughout their lifecycle, from negotiation and drafting to execution and compliance. You will work closely with various departments to ensure that all contractual obligations are met and to mitigate any risks associated with contract management.

Key Responsibilities:

• Contract Preparation: Draft, review, and negotiate contracts, ensuring they are legally sound and aligned with organizational policies and objectives.
• Contract Administration: Manage and maintain all contract documentation, including amendments, renewals, and terminations. Ensure contracts are executed in accordance with company policies.
• Compliance Monitoring: Monitor compliance with contract terms and conditions. Address and resolve any compliance issues or disputes that arise.
• Risk Management: Identify potential risks and liabilities associated with contracts. Develop strategies to mitigate risks and ensure that contract obligations are met.
• Stakeholder Communication: Collaborate with internal departments, including legal, finance, and operations, to ensure effective contract management and resolution of issues.
• Contract Review: Conduct regular reviews of existing contracts to ensure they are up-to-date and relevant. Implement improvements and updates as necessary.
• Reporting: Prepare and present reports on contract performance, compliance, and any issues to management.

Requirements:

• Education: Bachelors degree in Business Administration, Law, or a related field. A certification in contract management (e.g., Certified Professional in Contract Management (CPCM)) is a plus.
• Experience: Minimum of 3-5 years of experience in contract management or a related role.
• Skills: Strong understanding of contract law and contract management principles. Proficiency in contract management software and Microsoft Office Suite.
• Analytical Abilities: Excellent analytical and problem-solving skills. Ability to identify and address contract-related issues effectively.
• Communication: Strong written and verbal communication skills. Ability to negotiate and interact with various stakeholders professionally.
• Attention to Detail: High level of accuracy and attention to detail in contract review and administration.