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Contract Administration Expert
3 weeks ago
We are seeking a highly skilled and experienced Senior Contracts Administrator to oversee and manage all aspects of contract administration, ensuring compliance, mitigating risks, and optimizing contract performance.
- Develop, review, and negotiate complex contracts with vendors, clients, and partners to establish mutually beneficial agreements.
- Manage the entire contract lifecycle, from initiation to closeout, ensuring seamless transitions and accurate documentation.
- Analyze contract terms and conditions to identify potential risks and opportunities, providing strategic insights to inform business decisions.
- Evaluate and ensure compliance with legal requirements, company policies, and industry regulations to minimize liability and optimize results.
- Collaborate with internal stakeholders to gather requirements and address contractual issues, fostering strong relationships and effective communication.
- Maintain accurate and up-to-date contract documentation and databases, utilizing technology to streamline processes and enhance efficiency.
- Develop and implement standardized contract templates and processes to promote consistency and best practices.
- Provide guidance and support to junior team members on contract-related matters, mentoring and developing their skills and expertise.
- Monitor contract performance and key performance indicators (KPIs) to measure success and identify areas for improvement.
- Prepare and present contract status reports to senior management, providing actionable insights and recommendations.
- Assist in resolving contract disputes and negotiations, applying knowledge and experience to achieve favorable outcomes.
- Bachelor's degree in Business Administration, Law, or a related field; advanced degree preferred.
- Minimum of 10 years of experience in contract administration or a similar role.
- In-depth knowledge of contract law, commercial terms, and procurement processes.
- Strong analytical and problem-solving skills with meticulous attention to detail.
- Excellent verbal and written communication abilities.
- Proficiency in Microsoft Office suite and contract management software.
- Demonstrated negotiation skills and ability to influence stakeholders at all levels.
- Experience working in a multinational environment.
- Ability to work independently and collaboratively in a team setting.
- Strong organizational skills and capacity to manage multiple projects simultaneously.
- Familiarity with Saudi Arabian business practices and regulations is highly desirable.
- Fluency in English required; Arabic language skills are a plus.
- Valid work authorization for Saudi Arabia.