Contract Specialist
Contract Specialist
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Job Description
As a contract specialist you will play a crucial role in managing the entire lifecycle of contracts. This includes drafting reviewing negotiating and ensuring compliance with legal and organizational standards. Your work as a liaison between our internal departments and external parties will be instrumental in mitigating risks and ensuring contracts align with our strategic goals. Your strong analytical communication and negotiation skills along with your solid understanding of contract law and procurement regulations will be invaluable in this role.
Key Responsibilities:
1. Drafting and Reviewing Contracts: Creating and editing contract language terms and conditions to protect the organizations interests.
2. Negotiating Contracts: Your role will involve working with vendors clients and other stakeholders to reach mutually agreeable terms. Your strong negotiation skills will be key in this aspect of the job empowering you to represent our organizations interests effectively.
3. Ensuring Compliance: The contract specialist will be the guardian of our contractual integrity ensuring that all contracts adhere to legal requirements organizational policies and relevant regulations. Their meticulous attention to detail and comprehensive understanding of the legal landscape will be crucial in this aspect.
4. Managing Contract Performance: Monitoring contract execution tracking deliverables and ensuring compliance with all terms and conditions.
5. Risk Management: Identifying potential risks associated with contractual agreements and developing strategies to mitigate them.
6. Providing Guidance: Offering expert advice and support to internal teams on contract-related matters.
7. Dispute Resolution: Assisting in the resolution of any contract disputes or breaches.
8. Record Keeping: Maintaining accurate and organized records of all contract documents.
9. Collaboration: Working with various departments including legal procurement and project management.
10. Staying Updated: In this role its crucial to stay up-to-date with changes in regulations and best practices related to contract management. This will not only keep you informed but also ensure that you are always prepared to handle any changes or challenges that may arise.
Required Skills and Qualifications:
1. Legal Knowledge: Strong understanding of contract law procurement regulations and legal terminology.
2. Analytical Skills: Ability to analyze contract requirements identify risks and assess potential impacts.
3. Communication Skills: Excellent verbal and written communication skills for effective negotiation and collaboration.
4. Negotiation Skills: Ability to negotiate contract terms and conditions effectively.
5. Attention to Detail: Meticulous attention to detail to ensure accuracy and compliance.
6. Organizational Skills: Ability to manage multiple contracts and deadlines effectively.
7. Experience: Prior experience in contract management procurement or a related field.
8. Education: A bachelors degree in a relevant field such as law business or finance
Employment Type
Full Time
