
Senior Contract Professional
3 days ago
A contract manager is a key role in any organization, responsible for overseeing the negotiation and execution of contracts. This position requires a unique blend of business acumen, technical expertise, and interpersonal skills.
Key Responsibilities:- Drafting and Reviewing Contracts
- Prepare comprehensive agreements that meet organizational needs.
- Review terms and conditions to identify potential risks and liabilities.
- Negotiate favorable terms while ensuring balanced risk allocation.
- Risk Management
- Proactively assess contractual and commercial risks.
- Implement mitigation strategies and maintain a risk register.
- Provide early warnings to management regarding potential exposures.
- Record Keeping and Documentation
- Maintain an organized contract repository, including approvals and correspondence.
- Track milestones, obligations, guarantees, insurance, and payments.
- Ensure audit readiness and transparency in reporting.
- Continuous Monitoring and Reporting
- Track key performance indicators (KPIs) and provide regular updates to management.
- Highlight deviations and recommend corrective actions.
- Dispute Prevention and Resolution
- Monitor performance and obligations to minimize conflicts.
- Manage claims preparation and defense.
- Engage in negotiations or formal dispute resolution to safeguard organizational interests.
Requirements:
- Bachelor's degree in any field.
- Minimum 9 years experience in contract management, negotiation, and risk assessment.
- Strong ability to manage documentation, reporting, and dispute resolution.
- Attention to detail with strong commercial acumen.
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