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Associate-contract Review

2 weeks ago

Fort Mumbai Maharashtra, India Ultrahire HR Advisors Full time

**Contract Review & Analysis**:

- Review, analyze, and summarize contract terms and conditions to ensure compliance with company policies and relevant laws.
- Identify and highlight key clauses, potential risks, and areas of concern in contracts.
- Work closely with legal and business teams to clarify contract details and provide recommendations.
- **Drafting & Negotiation Support**:

- Assist in drafting and modifying contract templates and standard clauses.
- Provide support during contract negotiations by preparing negotiation summaries and reviewing counterparty responses.
- **Contract Management**:

- Maintain and update the contract database, ensuring accurate record-keeping and organization of contracts.
- Monitor contract compliance and manage contract renewals, terminations, and amendments.
- **Stakeholder Collaboration**:

- Communicate effectively with internal stakeholders to gather necessary information for contract review.
- Coordinate with external parties, such as vendors and clients, to facilitate contract execution and address any issues.
- **Risk Management & Compliance**:

- Identify and assess potential risks in contracts and propose mitigation strategies.
- Ensure that all contracts adhere to internal policies, regulatory requirements, and industry standards.
- **Process Improvement**:

- Contribute to the development and refinement of contract management processes and procedures.
- Participate in training sessions and knowledge-sharing initiatives to enhance the team's expertise.

**Qualifications**:

- Bachelor’s degree in Law or a related field.
- Basic understanding of contract law and principles.
- Strong analytical and critical thinking skills.
- Excellent written and verbal communication skills.
- Detail-oriented with a high level of accuracy.
- Ability to manage multiple tasks and prioritize effectively.
- Proficiency in Microsoft Office Suite; experience with contract management software is a plus.
- Prior experience in a legal or contract management role is preferred but not required.

**Experience**:

- total work: 1 year (required)
- contract law and principles.: 1 year (required)
- Microsoft Office Suite: 1 year (required)
- contract management software: 1 year (required)
- Contract Review & Analysis: 1 year (required)
- Drafting & Negotiation Support: 1 year (required)

Work Location: In person