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Contract Specialist
JOB_REQUIREMENTS
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Company Location
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Salary
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Responsibilities
- Draft, review, negotiate, and finalize contracts with suppliers, service providers, and partners.
- Ensure contracts are compliant with corporate policies, industry standards, and applicable legal/regulatory frameworks.
- Maintain accurate records of all contracts, amendments, and associated documents in the contract management system.
- Monitor contract milestones, deliverables, and obligations to ensure timely execution and renewals.
- Develop and manage supply agreements, Master Service Agreements (MSAs), frame contracts, and purchase agreements with suppliers (international and domestic).
- Support supplier onboarding, qualification, and evaluation through contract documentation.
- Work closely with Procurement, Quality, Operations, and Finance teams to ensure supplier performance aligns with contractual terms.
- Negotiate terms to achieve cost savings, mitigate risks, and secure favorable conditions for the organization.
- Identify contractual risks and propose mitigation strategies.
- Ensure compliance with legal, commercial, and ethical standards in all contractual dealings.
- Provide guidance to internal stakeholders on contractual obligations, rights, and risk exposure.
- Support audits, reviews, and internal/external compliance requirements related to contracts.
- Assist in drafting and reviewing international commercial contracts for business development initiatives.
- Collaborate with BD teams in evaluating contract terms with new clients, agents, or global partners.
- Ensure that contract frameworks support long-term strategic growth objectives.
- Act as a key liaison between suppliers, legal counsel, internal departments, and external stakeholders.
- Provide training and advisory support to internal teams on contract-related procedures.
- Participate in cross-functional projects to streamline contract management processes.
- A bachelor's degree in Supply Chain, Finance, or Business administration.
- Minimum 10 years of experience is required.
- Previous Supplier Relationship Management experience is required.
- Ability to collaborate effectively with cross-functional teams and external suppliers.
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