Contract Administrator

Dar Al Riyadh Consultants; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading consultancy in Riyadh is seeking a Contract Administrator with extensive experience in contract management. The role involves preparing, reviewing, and administering contracts, ensuring compliance, and collaborating with various stakeholders. Candidates should have a bachelor's degree and a strong understanding of contract law.

Qualifications

• Minimum of 10 years of experience in contract administration.
• Solid understanding of contract law and best practices.
• Ability to manage multiple priorities simultaneously.

Responsibilities

• Assist in the preparation and administration of various types of contracts.
• Monitor contract performance and compliance throughout the lifecycle.
• Collaborate with project managers on contract-related queries.

Skills

Analytical skills

Communication skills

Organizational skills

Education

Bachelor's degree in business administration

Bachelor's degree in contract management

Tools

Contract management software

Job description

Responsibilities:

• Assist in the preparation, review, and administration of various types of contracts, including procurement contracts, service agreements, and subcontractor agreements


• Coordinate contract negotiations and revisions with vendors, suppliers, and subcontractors to ensure alignment with project requirements and company standards


• Support the development of contract terms and conditions, pricing structures, and performance metrics to meet project objectives


• Maintain accurate and up-to-date contract documentation, including contract files, amendments, and correspondence


• Monitor contract performance and compliance throughout the contract lifecycle, identifying potential issues and proposing solutions


• Collaborate with project managers and stakeholders to address contract-related queries, disputes, and changes in scope


• Assist in the evaluation of vendor performance, delivery schedules, and quality standards to assess compliance with contractual requirements


• Support the resolution of contract disputes, claims, and discrepancies in coordination with legal counsel and senior management


• Contribute to the development and implementation of contract management processes, templates, and guidelines to enhance efficiency and consistency


• Prepare reports and summaries on contract status, milestones, and risks for internal review and decision-making


• Assist in the development and implementation of contract management strategies to streamline processes, enhance efficiency, and minimize risk


• Participate in the preparation of request for proposals (RFPs), bid documents, and other procurement-related materials


• Engage in market research and analysis to support the evaluation of potential vendors and suppliers


• Collaborate with the finance and accounting teams to ensure timely and accurate processing of payments, invoices, and financial reporting related to contracts


• Provide support in the preparation and submission of contract deliverables, reports, and compliance documentation to clients and regulatory authorities


• Facilitate training sessions and workshops for project teams to enhance their understanding of contract management principles and procedures


• Support in the development and maintenance of a contract database or repository for easy retrieval of contract-related information and documents


• Contribute to the review and analysis of contract performance metrics, identifying trends, issues, and opportunities for improvement


• Assist in the development of contract amendments, modifications, and extensions as required to meet project objectives


• Act as a point of contact for internal and external stakeholders for inquiries related to contract terms, conditions, and obligations

Essential Requirements:

• Bachelor's degree in business administration, contract management, or a related field


• Minimum of 10 years of experience in contract administration, procurement, or related roles


• Solid understanding of contract law, principles, and best practices


• Proficiency in contract management software and tools


• Strong analytical, communication, and organizational skills


• Ability to work collaboratively in a team environment and manage multiple priorities simultaneously


• Knowledge of project management concepts and processes is a plus