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Commercial Contracts Manager

Posted about 1 month agoViewed

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💎 Seniority level: Manager, 2-3 years, 3-5 years (preferred)

🏢 Company: Transact Campus👥 501-1000EdTechInformation ServicesFinancial ServicesPaymentsInformation TechnologyFinTech

⏳ Experience: 2-3 years, 3-5 years (preferred)

Requirements:
  • 2-3 years of experience in contract administration, negotiation, and management.
  • 3-5 years of experience in contract administration, negotiation, and management is preferred.
  • Strong negotiation and interpersonal skills.
  • Excellent written and verbal communication abilities.
  • Detail-oriented with a keen eye for identifying potential risks and discrepancies in contracts.
  • Strong organizational and time-management skills.
  • Ability to interpret and explain complex legal documents and concepts.
  • Proficiency in Microsoft Office, Adobe Acrobat, and other relevant software programs.
  • Ability to work independently and manage multiple contract negotiations and agreements simultaneously.
  • A thorough understanding of contract law, commercial terms, and the ability to apply this knowledge in a practical, business-oriented context.
  • Familiarity with industry-specific regulations and compliance requirements is also important.
Responsibilities:
  • Negotiate contract terms and conditions with suppliers, vendors, clients, and partners.
  • Draft and review contracts to ensure they meet company policies and customer requirements.
  • Manage the entire contract lifecycle, from initiation through to execution and closure, including renewals.
  • Ensure contracts comply with legal, regulatory, and company policies.
  • Identify potential risks associated with contract terms and conditions and recommend mitigation strategies.
  • Collaborate with internal stakeholders (e.g., sales, procurement, legal, finance) to understand business needs and ensure contracts align with strategic goals.
  • Communicate contract-related information to all relevant parties, ensuring clarity and understanding of contractual obligations and rights.
  • Analyze contract terms to provide insights and recommendations for business decisions.
  • Prepare and present reports on contract status, compliance, and performance to management.
  • Keep up-to-date with relevant laws and regulations affecting contracts.
  • Identify opportunities for process improvement within the contract management process.
  • Implement best practices in contract management to increase efficiency and effectiveness.
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