Legal

Contract Manager

Looking to hire your next Contract Manager? Here’s a full job description template to use as a guide.

About Vintti

Vintti is a dynamic staffing agency bridging the gap between Latin American talent and US-based businesses. We specialize in connecting skilled professionals from Latin America with small and medium-sized businesses, startups, and firms across the United States. Our mission is to provide top-tier staffing solutions that enable US companies to access a diverse pool of talented individuals while offering exciting career opportunities to Latin American professionals. By leveraging our extensive network and deep understanding of both markets, Vintti facilitates mutually beneficial partnerships that drive growth and innovation for our clients and candidates alike.

Description

A Contract Manager is responsible for overseeing the lifecycle of contracts within an organization, ensuring compliance with legal and regulatory requirements. This role involves drafting, negotiating, and managing contractual agreements with vendors, clients, and partners. A Contract Manager ensures that all terms are met, monitors performance metrics, and handles any issues that arise during the contract period. Strong analytical skills, attention to detail, and a deep understanding of contract law are essential for success in this role, making it critical for mitigating risks and securing favorable terms for the organization.

Requirements

- Bachelor's degree in Business Administration, Law, or a related field
- Minimum of 5 years of experience in contract management or a related role
- Strong understanding of contract law and legal terminology
- Proven experience in drafting, reviewing, and negotiating contracts
- Excellent organizational and record-keeping skills
- Strong analytical and problem-solving abilities
- High attention to detail and accuracy
- Ability to identify and mitigate potential risks in contracts
- Proficient in contract management software and relevant IT tools
- Strong communication and interpersonal skills
- Ability to effectively collaborate with cross-functional teams
- Experience working with legal teams and understanding legal implications of contracts
- Ability to manage multiple contracts and projects simultaneously
- Knowledge of industry-specific regulations and compliance standards
- Strong presentation and report-writing skills
- Ability to work under pressure and meet tight deadlines
- Demonstrated capability in providing training and guidance on contract management processes
- Financial literacy to understand billing and payment terms within contracts
- Proactive and self-motivated with a strong sense of accountability
- Ability to maintain professionalism and confidentiality at all times

Responsabilities

- Draft, review, and finalize contracts, ensuring accuracy and adherence to company policies and legal standards
- Negotiate contract terms with clients, vendors, and stakeholders to secure favorable conditions for the company
- Monitor and evaluate contract performance, ensuring compliance with agreed-upon terms
- Develop, implement, and maintain standardized contracts and contract management processes
- Maintain organized and accurate records of all contract-related documents and communications
- Provide expert guidance and support to staff on matters related to contracts
- Identify potential risks in contracts and implement mitigation strategies
- Coordinate with legal teams to address and resolve contract-related legal issues
- Conduct audits to ensure adherence to contract terms and compliance with relevant policies
- Work with finance teams to align billing and payment terms with contract stipulations
- Analyze contract data to inform strategic decision-making and identify areas for improvement
- Prepare and deliver detailed reports on contract status and performance to management
- Manage the renewal, extension, and termination of contracts in a timely and organized manner
- Monitor and ensure fulfillment of all contractual obligations and deliverables
- Stay current with updates in relevant laws, regulations, and industry best practices
- Cultivate and maintain strong relationships with key stakeholders to facilitate contract negotiations and management
- Provide training sessions on contract management processes and best practices to appropriate staff
- Address disputes or issues arising from existing contracts promptly and effectively
- Support the development and implementation of procurement strategies and policies
- Participate in internal and external meetings concerning contract matters

Ideal Candidate

The ideal candidate for the Contract Manager position is a highly detail-oriented professional with a Bachelor's degree in Business Administration, Law, or a related field and a minimum of 5 years of proven experience in contract management or a similar role. They possess a strong understanding of contract law and legal terminology, along with a demonstrated ability to draft, review, and negotiate contracts accurately and efficiently. This individual excels in organizational and record-keeping skills, ensuring all contract documents and communications are meticulously maintained. They are adept at identifying and mitigating potential risks, showcasing strong analytical and problem-solving abilities. Their exceptional communication and interpersonal skills allow them to negotiate terms effectively and foster strong relationships with clients, vendors, and stakeholders. Proficient in contract management software and relevant IT tools, the ideal candidate is capable of managing multiple contracts and projects simultaneously, even under pressure and tight deadlines. They maintain a high degree of professionalism and confidentiality, providing clear guidance and training to team members on contract-related matters. Financial literacy and a solid understanding of billing and payment terms within contracts further enhance their ability to align with finance teams. Staying current with industry regulations, best practices, and legal updates, they bring a proactive, self-motivated attitude with a strong sense of accountability. Strong presentation and report-writing skills, complemented by their ability to address and resolve disputes effectively, make them an invaluable asset to the organization.

On a typical day, you will...

- Review and draft contracts, ensuring accuracy and compliance with company policies and legal requirements
- Negotiate terms and conditions with clients, vendors, and stakeholders
- Monitor contract performance and ensure all parties adhere to agreed terms
- Develop and implement standard contracts and contract management processes
- Maintain accurate records of all contract documents and communications
- Provide guidance and support to team members on contract-related issues
- Identify and mitigate potential risks associated with contracts
- Liaise with legal teams to resolve any legal issues arising from contracts
- Conduct regular audits to ensure contract compliance
- Collaborate with finance teams to ensure accurate billing and payment terms
- Analyze contract data to support decision-making and identify improvement opportunities
- Prepare and present reports on contract status and performance to management
- Manage contract renewals, extensions, and terminations in a timely manner
- Ensure all contractual obligations and deliverables are met according to timelines
- Stay updated on relevant laws, regulations, and industry best practices
- Foster strong relationships with key stakeholders to facilitate contract negotiations and management
- Provide training on contract management processes and best practices to relevant staff
- Address any disputes or issues arising from existing contracts
- Support the development of procurement strategies and policies
- Participate in meetings with internal and external parties related to contracts

What we are looking for

- Detail-oriented with a meticulous approach to reviewing and drafting contracts
- Strong communication and negotiation skills
- Ability to work well under pressure and meet tight deadlines
- Proactive and self-motivated with a strong sense of accountability
- Exceptional organizational skills and ability to manage multiple contracts simultaneously
- Strong analytical and problem-solving abilities
- Excellent record-keeping and documentation skills
- Ability to foster and maintain strong relationships with key stakeholders
- High degree of professionalism and ability to maintain confidentiality
- Adept at identifying and mitigating potential risks in contracts
- Strong interpersonal skills and ability to provide clear guidance and support to team members
- Proficient in using contract management software and relevant IT tools
- Knowledgeable about industry-specific regulations and compliance standards
- Strong understanding of contract law and legal terminology
- Effective at collaborating with cross-functional teams, including legal and finance
- Demonstrated capability in training and mentoring staff on contract management processes
- Financially literate with an understanding of billing and payment terms within contracts
- Up-to-date with the latest laws, regulations, and industry best practices
- Strong presentation and report-writing skills
- Ability to address and resolve disputes or issues arising from contracts effectively

What you can expect (benefits)

- Competitive salary range commensurate with experience
- Comprehensive health insurance (medical, dental, vision)
- Retirement savings plan with company match
- Paid time off (vacation, personal days, holidays)
- Flexible work hours and remote work options
- Professional development opportunities and continuing education support
- Performance-based bonuses and incentives
- Employee assistance programs (EAP)
- Wellness programs, including gym membership discounts
- Childcare support and parental leave policies
- Commuter benefits and travel reimbursement
- Access to company-sponsored events and team-building activities
- Opportunity for career advancement and growth within the company
- Supportive and inclusive company culture
- Recognition programs for outstanding performance
- Access to mentors and leadership development programs
- Life and disability insurance
- Tuition reimbursement programs
- Technology and equipment provided to enhance productivity
- Casual dress code in a collaborative work environment

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