Contracts Manager

Roles and responsibilities

• Craft, evaluate, negotiate and execute a wide variety of different contracts covering a range of transactions.
• Create and maintain relationships with suppliers and serve as the singular point of contact for matters concerning contracts.
• Maintain records for correspondence and documentation in relation to established contracts and those in progress.
• Communicate and present information to stakeholders about all contract-related matters.
• Monitor contracts and move forward with close-out, extension or renewal according to what’s best for the company.
• Solve any contract-related problems that may arise with other parties and internally with the company itself.

  Contract Managers, or Contract Administrators, are responsible for preparing, negotiating and recording business contracts on behalf of their employer. Their duties include researching a contract’s terms, alerting parties to renewals or extensions and tracking all communications between their employer and various accounts.

  Responsibilities:

• Developing procurement strategies that are inventive and cost-effective.
• Sourcing and engaging reliable suppliers and vendors.
• Negotiating with suppliers and vendors to secure advantageous terms.
• Reviewing existing contracts with suppliers and vendors to ensure on-going feasibility.
• Building and maintaining long-term relationships with vendors and suppliers.
• Approving purchase orders and organizing and confirming delivery of goods and services.
• Performing risk assessments on potential contracts and agreements.
• Controlling the procurement budget and promoting a culture of long-term saving on procurement costs.
• Overseeing and managing the IT systems that track shipments, inventory, and the supply of goods.
• Preparing procurement reports.

Desired candidate profile

• Drafting and revising contracts
• Ensuring that all contracts are accurate and relevant documentation is correct and updated when necessary
• Building and maintaining good relationships with clients and suppliers
• Developing plans to fit the schedule of works
• Identifying ways to increase efficiency and improve productivity
• Corresponding with external stakeholders to document all activities
• Compiling and delivering presentations to clients andContracts Managers handle all aspects of a project, including liaising with clients to understand their requirements, agreeing to terms and allocating resources to different elements of the work. They resolve any disputes that arise during the project and identify ways to make savings or increase efficiency. Contracts Managers work in a variety of sectors including local government, housing, construction and utilities. Contracts Managers’ responsibilities vary depending on the specific nature of their role and may require specialist knowledge or training. suppliers
• Collecting and collating data for forecasting and planning purposes