Job Description

Roles and Responsibilities

1. Contract Drafting and Review:

o Draft, review, and negotiate contracts related to construction contracts and other related amendments.

o Ensure that all contracts comply with legal requirements and company policies.

o Identify potential risks and suggest amendments to mitigate these risks.

2. Legal Compliance:

o Ensure that all contracts and agreements comply with local, state laws and regulations.

o Stay updated on relevant legal and regulatory changes that may impact the company's operations.

o Coordinate with legal counsel to address complex legal issues.

3. Contract Management:

o Maintain an organized system for contract documentation and records.

o Track contract deadlines, renewals, and obligations to ensure compliance and timely execution.

o Develop and implement contract management policies and procedures.

4.Negotiation:

o Lead or support contract negotiations with vendors, contractors, clients, and other stakeholders.

o Work to achieve favourable terms and conditions that align with the company's strategic and financial goals.

5.Risk Management:

o Identify and assess risks associated with various contracts and transactions.

o Develop risk mitigation strategies and ensure that these are incorporated into contracts.

o Coordinate with insurance providers to ensure appropriate coverage is in place for various projects.

6. Collaboration and Communication:

o Work closely with project managers, finance teams, legal advisors, and other departments to ensure contract terms are understood and met.

o Communicate contract-related information effectively to all relevant stakeholders.

o Provide training and guidance to team members on contract-related matters.

7. Vendor and Contractor Management:

o Evaluate and select vendors and contractors based on their ability to meet contractual obligations.

o Monitor performance and compliance of vendors and contractors with the terms of their contracts.

o Address any issues or disputes that arise during the course of the contract.

8. Financial Analysis:

o Conduct financial analysis related to contracts to ensure cost-effectiveness and budget compliance.

o Collaborate with the finance department to align contract terms with financial goals and constraints.

9. Project Support:

o Support project teams by providing contract-related guidance and ensuring all contractual obligations are met.

o Assist in the preparation of project bids, proposals, and tenders.

10. Dispute Resolution:

o Manage and resolve any disputes or conflicts arising from contractual relationships.

o Work with legal counsel and relevant parties to negotiate settlements or pursue legal remedies if necessary.

11. Documentation and Reporting:

o Prepare and maintain detailed reports on contract status, compliance, and performance.

o Ensure all contract documentation is accurately recorded and easily accessible for reference.

12. Continuous Improvement:

o Continuously evaluate and improve contract management processes and practices.

o Stay informed about industry best practices and implement changes to enhance efficiency and effectiveness.

Skills and Qualifications

• Educational Background: B.E. Civil, Specialised courses in Contracts. Degree in Law or a legal background is often preferred.
• Experience: Several years of experience in contract management, preferably within the real estate or construction industry.
• Analytical Skills: Strong analytical skills to assess risks, financial implications, and compliance issues.
• Negotiation Skills: Excellent negotiation and communication skills to manage stakeholder expectations and secure favourable terms.
• Detail-Oriented: High attention to detail to ensure accuracy and completeness in contract documentation and management.
• Organizational Skills: Strong organizational skills to manage multiple contracts and deadlines effectively.
• Knowledge of Real Estate Law: In-depth understanding of real estate law, regulations, and industry practices.
• Problem-Solving Skills: Ability to address and resolve conflicts and disputes efficiently.

Job Types: Full-time, Permanent

Schedule:

• Day shift

Experience:

• total work: 10 years (Preferred)

Work Location: In person