CONTRACT MANAGER
JOB SUMMARY
The Contract Manager will oversee the organization’s contract lifecycle, including drafting, review, negotiation, execution, and monitoring. The role will help ensure contracts are properly managed, obligations are met, and contractual risks are identified and addressed.
KEY RESPONSIBILITIES
1. Contract Management
- Draft, review, and coordinate contracts and agreements.
- Manage contracts throughout their lifecycle from preparation through renewal or termination.
2. Compliance & Risk
- Monitor contractual obligations, deadlines, renewals, and key terms.
- Identify potential contractual risks and escalate issues as appropriate.
3. Stakeholder Coordination
- Work with Legal, Finance, Procurement, and other departments on contract matters.
- Communicate with vendors, clients, and external parties regarding contractual requirements.
4. Records & Reporting
- Maintain accurate and organized contract records and databases.
- Prepare contract status reports and summaries for management.
KEY PERFORMANCE INDICATORS (KPIs)
- Timely and accurate contract processing.
- Effective monitoring of contractual obligations and deadlines.
- Accurate and organized contract records.
- Timely identification and escalation of contract risks.
- Successful contract renewals and lifecycle management.
QUALIFICATIONS
- Bachelor’s degree in Business Administration, Legal Studies, Contract Management, or a related field.
- 3–5 years of contract management, legal, procurement, or related experience preferred.
- Knowledge of contract principles, negotiation, and compliance requirements.
- Proficiency in Microsoft Office and contract management systems.
- Strong organizational, negotiation, analytical, and communication skills.
ROLE EXPECTATIONS
- Manage contracts accurately and efficiently.
- Maintain confidentiality of contractual and business information.
- Monitor obligations and deadlines consistently.
- Collaborate effectively with internal and external stakeholders.
- Identify and escalate significant contractual risks promptly.