Contract Specialist

1 week ago

Saudi Arabia Alkhorayef Group Full time 90,000 - 120,000 per year
Description

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.

Required Skills and Qualifications:

  • 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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