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Title
Text copied to clipboard!Commercial Contracts Specialist
Description
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We are looking for a highly skilled and detail-oriented Commercial Contracts Specialist to join our team. The ideal candidate will have extensive experience in drafting, reviewing, and negotiating a wide range of commercial contracts. This role requires a deep understanding of contract law, excellent negotiation skills, and the ability to manage multiple contracts simultaneously. The Commercial Contracts Specialist will work closely with various departments, including sales, procurement, and legal, to ensure that all contracts meet the company's standards and comply with relevant regulations. The successful candidate will be responsible for identifying potential risks, providing strategic advice, and ensuring that all contractual obligations are met. This position offers an exciting opportunity to play a key role in the growth and success of our organization by ensuring that our commercial agreements are sound and beneficial. If you have a keen eye for detail, strong analytical skills, and a passion for contract management, we would love to hear from you.
Responsibilities
Text copied to clipboard!- Draft, review, and negotiate a variety of commercial contracts.
- Ensure all contracts comply with company policies and relevant regulations.
- Identify and mitigate potential risks in contract terms and conditions.
- Collaborate with internal departments to gather necessary information for contract preparation.
- Provide strategic advice on contract-related matters.
- Maintain a comprehensive database of all contracts and related documents.
- Monitor contract performance and compliance.
- Resolve any contract-related disputes or issues.
- Assist in the development and implementation of contract management policies and procedures.
- Conduct regular contract audits to ensure compliance and identify areas for improvement.
- Stay updated on changes in contract law and industry best practices.
- Train and mentor junior staff on contract management processes.
- Prepare and present reports on contract status and performance to senior management.
- Support the procurement team in vendor negotiations and contract renewals.
- Ensure timely execution and renewal of contracts.
Requirements
Text copied to clipboard!- Bachelor's degree in Law, Business Administration, or a related field.
- Minimum of 5 years of experience in contract management or a similar role.
- Strong understanding of contract law and commercial terms.
- Excellent negotiation and communication skills.
- Ability to manage multiple contracts and projects simultaneously.
- Detail-oriented with strong analytical and problem-solving skills.
- Proficient in contract management software and Microsoft Office Suite.
- Ability to work independently and as part of a team.
- Strong organizational and time management skills.
- Experience in a corporate legal or procurement environment is preferred.
- Knowledge of industry-specific regulations and standards.
- Ability to handle confidential and sensitive information with discretion.
- Strong interpersonal skills and the ability to build relationships with internal and external stakeholders.
- Proactive and able to take initiative in identifying and addressing contract-related issues.
- Certified Commercial Contracts Manager (CCCM) or similar certification is a plus.
Potential interview questions
Text copied to clipboard!- Can you describe your experience with contract negotiation and management?
- How do you ensure compliance with company policies and relevant regulations in contracts?
- Can you provide an example of a challenging contract dispute you resolved?
- How do you prioritize and manage multiple contracts simultaneously?
- What strategies do you use to identify and mitigate potential risks in contracts?
- How do you stay updated on changes in contract law and industry best practices?
- Can you describe a time when you provided strategic advice on a contract-related matter?
- How do you handle confidential and sensitive information in your role?
- What experience do you have with contract management software?
- How do you collaborate with other departments to gather necessary information for contract preparation?
