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Contracts Specialist
4 weeks ago
Position Title: Contracts Specialist
Department: Procurement Department
Reports To: Director/ Procurement Head
Key Responsibilities:
1. Contract Administration & Implementation
· Track agreed terms and conditions to ensure compliance by vendors/contractors.
· Monitor and implement Contract Warranties and Insurance Warranties
· Monitor contract milestones, deliverables, and obligations of the Vendor/ Contractor throughout the lifecycle.
· Co-ordination with internal departments/ teams to address issues.
2. Compliance & Risk Management (Pre & Post Compliance)
· Ensure adherence to legal, regulatory, and organizational requirements at all 'stages of the contract.
· Identify potential contractual and commercial risks and propose mitigation measures.
· Conduct pre and post contract reviews/ audits to ensure risk controls.
· Ensure contracts comply with applicable laws, company policies, and industry standards.
· Dispute resolution, claims management, and contract termination.
· Provide advice and support to management on contractual rights, obligations, and liabilities.
3. Contract Lifecycle Management
· Recommend improvements to contract processes to enhance efficiency and minimize risks.
· Ensure contracts are aligned with business objectives.
Key Skills:
· In-depth knowledge of Contract Laws, procurement processes, compliance and risk management.
· Strong drafting, reviewing, and negotiation skills.
· Excellent communication (English & Hindi).
· Proficiency in MS Office.
Qualifications & Experience:
· LL.B. (CS will be an added advantage)
· Minimum 5 years of relevant experience in contract management, compliance and risk management.
· Prior experience in drafting and managing vendor/contractor agreements and tender processes.
Job Type: Full-time
Work Location: In person