Overview
The Contract Development Analyst is responsible about supporting the contracting process by assisting in the preparation, analysis, negotiation, and management of contracts. Your will help in ensuring compliance and mitigating risks, while fostering strong relationships with internal stakeholders and external partners.
Key Responsibilities
- Draft, review, and negotiate contracts for goods, services, and other business transactions.
- Customize contract templates to fit specific business needs while ensuring compliance with company policies and legal requirements.
- Collaborate with relevant departments (e.g., procurement, finance, and legal) to ensure contract terms align with business objectives.
- Participate in the discussions to ensure favorable terms and conditions for the organization, balancing legal requirements with operational needs.
- Identify and assess potential risks within contracts, including financial, operational, and legal risks.
- Ensure compliance with relevant laws and regulations (e.g., data protection, labor laws, etc.) in all contracts.
- Oversee the full lifecycle of contracts, from creation to execution and renewal.
- Ensure that all contract-related documentation is organized and accessible for audits or future reference.
- Work closely with internal departments (e.g., procurement, finance, operations) to ensure that contractual obligations are met.
- Stay up to date with applicable laws, regulations, and industry standards that affect contracts.
- Liaise with external parties, such as suppliers, clients, or contractors, to ensure mutual understanding and agreement on contract terms.
Qualifications
Education
- Bachelor’s degree in Bachelor’s degree in law, supply chain management, Business Administration, or a related field Business Unit HR & BE Function.
Experience
- 2+ years of experience in contract management, procurement, or a related area.
Skills & Competencies
- Fundamental understanding of contract lifecycle management tools.
- Strong negotiation, communication, and interpersonal skills.
- Proficiency in contract management software, Microsoft Office, and other relevant tools.