Contract Manager
5 days ago
Our customer, an IT services and consulting company is looking for a Contracts Manager for a 3-6 month contract role.
Job Description:
We are seeking a Contract Manager with a minimum of 2+ years of experience in contract management and administration. The ideal candidate will be responsible for managing various aspects of the contract lifecycle, including drafting contract summaries, administering contract-related processes, and collaborating with cross-functional teams to ensure smooth execution and compliance.
In this role, you will work closely with stakeholders, legal teams, and other internal departments to ensure the successful administration and resolution of contract-related matters. You will also be responsible for negotiating commercial terms, ensuring alignment with business objectives, and fostering a clear understanding of contract obligations across the organization.
Key Responsibilities:
- Draft Contract Summaries: Create clear, concise summaries of contracts, highlighting key terms, conditions, and business objectives.
- Contract Administration: Maintain and update control logs, account setup checklists, and other documentation related to contract management.
- Issue Identification & Escalation: Spot contract issues, escalate concerns to legal and relevant approvers, and manage the resolution process to mitigate risks.
- Stakeholder Liaison: Serve as a liaison between stakeholders to clarify and address key business issues in transactional agreements, with a primary focus on the sell-side.
- Commercial Updates Management: Effectively manage the process of updating commercial terms in service orders, addendums, and master agreements.
- Contract Negotiation & Drafting: Draft, review, and negotiate commercial terms for new or amended service orders, addendums, and master agreements.
- Interpretation of Contract Terms: Assist in interpreting commercial contract terms and conditions, ensuring all parties reach a mutual understanding and agreement on terms.
- Ongoing Contract Monitoring: Oversee the ongoing fulfillment of contract obligations throughout the contract term and ensure internal stakeholders (approvers) are aligned with company policies and requirements.
- Training & Awareness: Facilitate training and awareness programs for internal teams involved in the contract process to ensure a clear understanding of contract obligations and compliance requirements.
Qualifications:
- Experience: 2+ years of contract management or administration experience, preferably in a corporate or transactional environment.
Skills:
- Strong understanding of contract law, commercial terms, and business practices.
- Excellent drafting, negotiation, and communication skills.
- Ability to analyze and spot potential issues in contracts and escalate appropriately.
- Strong attention to detail with the ability to manage multiple contracts simultaneously.
About Elevate
Elevate provides consulting, technology and services to law departments and law firms across the globe. Headquartered in Los Angeles, our 1,600+ strong team of legal professionals, lawyers, consultants, project managers, and engineers operate across the United States, Europe, UK, and Asia, Hong Kong and Australia.
ElevateFlex, is the flexible resourcing capability within Elevate, we define and support a new flexible career within the legal industry. We match exceptional legal professionals to the evolving needs of our Customers through the curation of a world-class, global Community of Talent, and advanced, technology-enabled search. We were recently proud to be assessed in Band 1 of Chamber’s Global Flexible Legal Resourcing category.
Our Vision is a world where legal and business teams achieve incredible outcomes, together.
Equitability and Inclusion are critical to ElevateFlex’s success. As The Law Company, changing the legal business landscape, we know a diverse, inclusive work culture is at the heart of attracting, retaining, and celebrating the industry’s most talented people. We empower our employees to bring their whole selves to work because we know that diversity of experience and perspective drive innovation and is simply good business.
As a strong proponent of diversity, equitability, and inclusion, ElevateFlex is committed to hiring diverse candidates from all backgrounds. We invite you to apply to become part of the ElevateFlex Team – help us change the legal business landscape and make a dent in the legal universe.
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