Contract Manager

Position Overview:

The Contract Manager is responsible for overseeing the entire lifecycle of contracts, including drafting, negotiating, reviewing, and monitoring agreements to ensure compliance with company policies, legal regulations, and business objectives. The role requires close collaboration with internal departments, vendors, and clients to mitigate risks, resolve disputes, and optimize contract performance.

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Key Responsibilities:

1. Contract Creation & Management:

   • Draft, review, and negotiate a variety of contracts, including vendor, service, procurement, and partnership agreements.
   • Ensure that all contracts align with business objectives and comply with legal, regulatory, and corporate standards.
   • Maintain and manage a centralized contract repository for easy tracking and reporting.

2. Risk Management & Compliance:

   • Identify potential risks within contracts and develop strategies to mitigate them.
   • Ensure compliance with relevant laws, regulations, and company policies.
   • Conduct regular audits to monitor compliance and flag non-compliance issues proactively.

3. Negotiation & Stakeholder Collaboration:

   • Serve as the primary point of contact for internal teams, vendors, and clients regarding contract-related matters.
   • Lead contract negotiations to achieve favorable terms while balancing business needs and risk management.
   • Collaborate with Legal, Procurement, Finance, and Operations teams to address contractual issues.

4. Monitoring & Performance Evaluation:

   • Track key deliverables, deadlines, and milestones to ensure obligations are met by both parties.
   • Address and resolve contract disputes or performance issues in a timely manner.
   • Provide regular updates and reports to stakeholders on contract status and performance metrics.

5. Continuous Improvement & Best Practices:

   • Develop and implement best practices, templates, and processes to enhance contract management efficiency.
   • Stay updated on industry trends, regulatory changes, and emerging risks related to contract management.
   • Conduct training and provide guidance to teams on contract policies and processes.

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