
Contract Administrator Specialist
5 days ago
The Contract Administrator will play a crucial role in ensuring the smooth operation of contracts and agreements.
About This OpportunityThis is an exciting opportunity for a skilled professional to join our team and contribute to our success.
Key Responsibilities:- Draft, review, and finalize contracts to ensure accuracy and legal compliance.
- Maintain a comprehensive contract database and ensure timely renewals and amendments.
- Monitor contractual obligations, deadlines, and deliverables to ensure compliance.
- Collaborate with internal departments to understand contractual requirements and specifications.
- Serve as a liaison between external clients, students, and stakeholders to resolve contract-related issues or queries.
- Identify potential risks in existing and new contracts and recommend appropriate mitigation strategies.
- Ensure all contracts comply with relevant legal, regulatory, and organisational standards.
- Develop and refine contract templates and processes for efficiency and standardization.
- Develop and maintain a centralized contract repository.
- Implement automated tracking systems to monitor contract milestones, expirations, and renewals.
- Establish and refine risk management protocols to proactively address potential contract-related risks.
- Conduct detailed risk assessments for high-value agreements.
- Lead contract negotiation sessions with external parties to optimize contract terms.
- Create detailed contract performance reports for senior management for data-driven decision-making.
- Update and revise contracts based on evolving legal regulations to minimize the risk of disputes or penalties.
- Communicate changes in legal and contractual obligations to relevant teams.
- Collaborate effectively with cross-functional teams, agents, and stakeholders to facilitate smooth contract negotiations and execution.
- Diploma qualification in Law, Business, or Management.
- Proficiency in contract law and relevant regulatory approaches.
- Minimum 3 years of experience in contract administration.
- Minimum 3 years' experience dealing with multi-tiered and international contract administration.
- Minimum 3 years proven experience working with various stakeholders.
- Minimum 3 years' experience with contract law, regulatory compliance frameworks.
- Proficiency in collecting, analyzing, and reporting data related to projects and programs.
- Demonstrated ability to successfully undertake duties and achieve agreed objectives.
- High-level proficiency in MS Word, PowerPoint, and Excel.
- Strong organisational skills and attention to detail.
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