
Effective Contract Strategist
2 days ago
The role of a Contract Manager is crucial in shaping the future of business operations across various industries. We are seeking an experienced professional to lead our contract management team.
Key Responsibilities:
- Drafting, Reviewing, and Negotiating Contracts:
- Develop clear, comprehensive, and enforceable agreements that meet the organization's needs.
- Review terms and conditions to identify potential risks, liabilities, and ambiguities.
- Negotiate favorable terms while ensuring a balanced risk allocation.
- Risk Identification and Management:
- Proactively assess contractual, commercial, and execution risks associated with contracts.
- Implement mitigation strategies and maintain a risk register to ensure compliance.
- Provide early warnings to management regarding potential exposures.
- Record Keeping and Documentation:
- Maintain an organized contract repository, including approvals, correspondence, and variations.
- Track milestones, obligations, guarantees, insurance, and payments to ensure seamless contract execution.
- Ensure audit readiness and transparency in reporting to stakeholders.
- Continuous Monitoring and Reporting:
- Track key dates and deadlines to prevent contract breaches.
- Provide regular updates to management and stakeholders on contract performance and progress.
- Highlight deviations and recommend corrective actions to minimize conflicts.
- Dispute Prevention and Resolution:
- Monitor performance and obligations to minimize conflicts and disputes.
- Manage claims preparation and defense to protect the organization's interests.
- Engage in negotiations, settlements, or formal dispute resolution to safeguard organizational assets.
Qualifications:
- B.Tech (Any Stream) degree from a recognized institution.
- 9-12 years of experience in contract management, negotiation, and risk assessment.
- Strong expertise in contract law, negotiation techniques, and risk management principles.
What We're Looking For:
A seasoned Contract Manager who can effectively lead our contract management team and drive business growth through strategic contract management practices.
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