Contract and Legal Specialist

Facctum; Pune District; On-site; INR 600,000 - 900,000; Full time

Job summary

Facctum is seeking a Contract Analyst in Pune, India. This role involves managing the end-to-end contract lifecycle, supporting procurement activities, and ensuring compliance with contractual obligations.

The ideal candidate will have 3 to 4 years of experience in contract management and a bachelor’s degree in a relevant field. Strong analytical skills and attention to detail are essential, with proficiency in Excel and contract management tools considered an advantage.

Qualifications

• 3 to 4 years of professional experience in contract management or procurement.
• Strong understanding of contractual terms and legal concepts.
• Experience working with cross‑functional stakeholders.

Responsibilities

• Manage the end-to-end contract lifecycle including drafting and negotiating.
• Collaborate with Legal, Finance, and Procurement teams.
• Conduct vendor due diligence and risk assessments.

Skills

Analytical skills

Attention to detail

Negotiation skills

Organizational abilities

Collaboration with stakeholders

Education

Bachelor degree in Law, Business Administration, Finance, or related field

Tools

Excel

Contract/procurement management tools

Job description

Position Overview

The Contract Analyst will be responsible for managing the end-to-end contract lifecycle, supporting procurement activities, and ensuring contractual compliance across vendor and client engagements. This role requires strong analytical skills, attention to detail, and the ability to collaborate cross‑functional with Legal, Finance, Procurement, Risk, and Business teams.

Job Responsibilities

• Manage the end‑to‑end contract lifecycle, including drafting, reviewing, negotiating, and executing contracts such as client agreements, vendor agreements, service agreements, NDAs, and amendments.
• Analyse contractual terms and conditions to ensure alignment with company policies, legal requirements, and business objectives.
• Identify, assess, and mitigate contractual risks, highlighting deviations from standard terms and recommending appropriate changes.
• Collaborate with Legal, Procurement, Finance, Risk, and Business stakeholders to ensure contracts meet operational, financial, and compliance requirements.
• Maintain and update the contract repository, ensuring proper version control, documentation accuracy, and audit readiness.
• Track and monitor key contractual obligations, including SLAs, KPIs, deliverables, and critical milestones, ensuring timely compliance and performance.
• Support contract negotiations by analysing commercial terms, pricing models, and benchmarking against internal standards and market practices.
• Assist in contract renewal management, identifying upcoming expiries, evaluating contract performance, and supporting renegotiation or termination decisions.
• Ensure proper flow‑down of contractual terms into purchase orders, vendor communications, and related procurement documentation.
• Conduct vendor due diligence and risk assessments, including financial, operational, and compliance evaluations.
• Support audit and compliance activities, ensuring all contract and procurement documentation meets internal policies and regulatory standards.
• Provide contractual guidance and interpretation to internal stakeholders to support effective decision‑making.
• Assist in resolving contract‑related disputes, escalations, and performance issues in coordination with internal and external stakeholders.
• Monitor compliance with data protection, confidentiality, and information security requirements within contractual arrangements.
• Contribute to the development and improvement of contract templates, processes, and governance frameworks.
• Prepare reports and insights on contract utilization, compliance status, cost savings, and vendor performance.

Requirements

• Bachelor degree in Law, Business Administration, Finance, or a related field.
• 3 to 4 years of professional experience in contract management, procurement, or a related function.
• Strong understanding of contractual terms, legal concepts, and risk management principles.
• Experience working with cross‑functional stakeholders in a corporate environment.
• Good knowledge of procurement processes and vendor management practices.
• Proficiency in Excel and contract/procurement management tools is an added advantage.
• Excellent analytical, interpretation, and negotiation skills.
• High attention to detail with strong organizational and documentation abilities.