Contract Management - Construction

Job Description

A contract manager oversees the entire contract lifecycle, from creation and negotiation to execution and renewal, ensuring compliance and mitigating risks. They work with various stakeholders to draft, review, and manage agreements, aiming to optimize outcomes and minimize potential liabilities. Key Responsibilities: Contract Creation and Negotiation: Drafting, reviewing, and negotiating contract terms and conditions with internal and external parties. Risk Management: Identifying and mitigating potential risks associated with contracts, ensuring compliance with company policies and legal regulations. Contract Lifecycle Management: Managing the entire contract process, including document creation, approvals, execution, and storage. Stakeholder Management: Collaborating with legal, procurement, sales, and other relevant teams to ensure alignment on contract terms and obligations. Compliance: Ensuring all contracts adhere to company policies, legal requirements, and industry regulations. Contract Performance Monitoring: Tracking contract performance, identifying potential issues, and implementing necessary actions to ensure contractual obligations are met. Contract Renewal and Termination: Managing contract renewals, extensions, and terminations, ensuring timely actions and compliance with contractual obligations. Contract Library Management: Maintaining a centralized and organized contract library for easy access and retrieval. Reporting and Analysis: Generating reports on contract performance, compliance, and other relevant metrics. Skills Required: Legal and Contractual Knowledge: Understanding of contract law, legal terminology, and contract management principles. Negotiation Skills: Ability to negotiate effectively with various stakeholders to achieve favorable contract terms. Communication Skills: Strong written and verbal communication skills for interacting with internal and external parties. Analytical Skills: Ability to analyze contract terms, identify potential risks, and assess contract performance. Organizational Skills: Ability to manage multiple contracts simultaneously, prioritize tasks, and maintain organized records. Attention to Detail: Ensuring accuracy and thoroughness in all contract-related tasks. Problem-Solving Skills: Ability to identify and resolve contract-related issues effectively.