
Commercial Contract Specialist
1 week ago
The key responsibility involves collaborating with senior management to identify opportunities for contract improvement and modification.
Responsibilities:- Drafting and negotiating contracts that are legally binding between parties.
- Establishing contract terms and conditions, including service levels, fees, and financial obligations.
- Liaising with external legal practitioners and departments to ensure deadlines and requirements of the contract are met.
- Undertaking contract analysis and providing advice to the business.
- Creating and revising contracts, which may include preparing documents for tender, negotiation of agreements with customers or suppliers, and conducting research on relevant industry topics.
- Negotiating contracts with companies or individuals in accordance with legislation.
- Monitoring and advising on compliance with contractual obligations, including revisions to existing contracts.
- Communicating changes in the business's legal obligations to internal personnel.
Regular day-to-day activities for a Contracts Administrator include:
- Updating contract management software, including new draft contracts.
- Arranging contracts with suppliers, customers, or external parties.
- Sourcing, reviewing, and revising documentation according to business needs.
- Preparing or revising legal agreements based on business requirements.
- Coordinating with external organisations regarding changes to contractual obligations.
- Performing other administrative tasks as needed.
- Minimum Diploma or equivalent experience.
- Minimum 2 years full-time experience in contract administration.
- Strong understanding of contract law and legal requirements.
- Excellent negotiation and communication skills.
- High level of attention to detail and organisational skills.
- Ability to work independently and manage multiple contracts simultaneously.
- Proficiency in contract management software and Microsoft Office Suite.
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