Contract Management Job Description Template

This contract management job description template has 2 pages and is a MS Word file type listed under our human resources documents.

Sample of our contract management job description template:

JOB DESCRIPTION CONTRACT MANAGEMENT SPECIALIST Brief description The Contract Management Specialist is responsible for overseeing the lifecycle of the organization's contracts, from initial negotiation and drafting through to execution and renewal or termination. This position ensures that all contracts comply with legal and regulatory requirements and align with the organization's policies and strategic objectives. The Contract Management Specialist plays a vital role in mitigating risks, securing favorable terms, and maintaining effective relationships with vendors, partners, and clients. Tasks Draft, Review, and Negotiate Contracts: Prepare and review contractual agreements, including service agreements, supplier contracts, and partnership agreements, ensuring all terms and conditions are favorable and compliant with organizational standards. Contract Administration: Maintain an organized system of physical and digital records for all contracts, ensuring easy access and retrieval. Risk Management: Identify and mitigate risks associated with contract terms and ensure compliance with all legal and regulatory requirements. Liaison with Stakeholders: Collaborate with internal departments such as Legal, Finance, Procurement, and Project Management to gather requirements, provide updates, and ensure alignment on contract terms. Performance Monitoring: Track key contract milestones and obligations, ensuring that all parties fulfill their contractual responsibilities. Contract Renewal and Termination: Manage contract renewals and terminations, providing necessary notices and documentation as required. Reporting and Analytics: Generate regular reports on contract statuses, performance metrics, and compliance issues to inform management decisions. Training and Guidance: Provide training and guidance to staff on contract management processes and best practices. Qualifications and requirements