Overview
A Contracts Manager oversees contract management, ensuring compliance with legal standards and organizational policies.
Key Responsibilities
Contract Creation
- Ensure contracts are legally sound and meet standards.
- Collaborate with teams to align contract terms with objectives.
Contract Management
- Maintain a database of all contracts.
- Monitor performance and compliance.
- Manage renewals, amendments, and terminations.
Risk Management
- Identify and mitigate contractual risks.
- Protect the organization from undue risk.
Stakeholder Communication
- Serve as the primary contact for contract inquiries and disputes.
- Provide guidance on contract matters.
Required Skills And Qualifications
Educational Background
- Bachelor's degree in a relevant field; certifications are a plus.
Experience
- 3 to 5 years of contract management experience, preferably in the relevant industry.
- Proven track record with complex contracts.
Skills
- Strong understanding of contract law.
- Excellent negotiation and interpersonal skills.
- Highly organized with attention to detail.
- Ability to manage multiple contracts and meet deadlines.
- Proficient in contract management software and Microsoft Office.
Personal Attributes
- Analytical thinking and problem-solving.
- High ethical standards and professionalism.
- Effective communication and presentation.
- Adaptability and proactivity.
Additional Responsibilities
Training and Development
- Train staff on best practices and legal requirements.
- Stay updated on contract law changes and update policies.
Continuous Improvement
- Improve contract management processes.
- Conduct regular audits to ensure compliance and identify improvements.
