Job Detail
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Job ID 23638
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Career Level Others
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Experience Years
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Industry Technology & IT > IT
Job Description
Job Description
Main Roles JOB DESCRIPTION Contract Lifecycle Management: Drafting and Negotiation: Preparing, reviewing, and negotiating contract terms and conditions, ensuring they align with company policies, legal requirements, and project/service objectives. This often involves collaborating with legal, finance, and business development teams. Execution: Facilitating the formal execution of contracts and ensuring all necessary approvals are obtained. Administration: Maintaining comprehensive contractual records, documentation, and databases. This includes tracking key dates, milestones, deliverables, and correspondence. Monitoring and Compliance: Continuously monitoring contract performance against agreed-upon terms, service level agreements (SLAs), and regulatory requirements. Identifying and addressing any deviations or non-compliance. Change Management: Managing changes to contracts, including scope changes, amendments, and renewals. Negotiating new terms as needed. Issue and Dispute Resolution: Investigating and resolving contractual issues, discrepancies, and disputes in a timely and effective manner, often acting as a liaison between parties. Close-out: Overseeing the formal close-out of contracts upon completion, ensuring all obligations are met and documentation is finalized. Project & Service Oversight: Project Integration: Understanding the project’s scope, budget, timeline, and deliverables to ensure contracts support successful project execution. Service Level Adherence: Specifically for service contracts, ensuring that agreed-upon service levels are met and that any performance issues are addressed with vendors or clients. Risk Management: Identifying, assessing, and mitigating contractual risks. Developing strategies to minimize potential financial or operational impact. Financial Management: Working with finance teams to ensure accurate invoicing, cost control, and adherence to financial terms within contracts. Performance Monitoring: Tracking project and service performance against contractual obligations and reporting on progress to stakeholders. Stakeholder Communication & Relationship Management: Internal Collaboration: Liaising effectively with internal teams (e.g., project managers, sales, legal, finance, procurement, operations) to ensure contractual clarity, alignment, and successful project/service delivery. External Communication: Serving as the primary point of contact for clients, vendors, and other external parties regarding contractual matters. Relationship Building: Nurturing strong business relationships with clients and vendors to foster positive and productive collaborations. Strategic Contribution: Process Improvement: Developing and implementing efficient contract management policies, procedures, and best practices. Legal & Regulatory Compliance: Staying updated on relevant legal and regulatory changes that may impact contracts and ensuring compliance. Strategic Advice: Providing expert advice and guidance on contractual matters to internal stakeholders., Naukrigulf, Vertiv
Required skills
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