Contract Administrator job description

What does a Contracts Administrator do?
What are a Contracts Administrator’s job responsibilities?
- Drafting and negotiating contracts that are legally binding between both parties
- Establishing contract terms and conditions including service levels, fees and financial obligation
- Liaising with external legal practitioners and other departments to ensure deadlines and requirements of the contract are met
- Undertaking contract analysis and providing advice to the business
- Drafting and revising contracts, which may include preparing documents for tender, negotiation of legal agreements with customers or suppliers and undertaking research on topics relevant to the industry
- Negotiating contracts with other companies or individuals per legislation
- Monitoring and advising on compliance with contractual obligations, including revisions to existing contracts
- Communicating changes in the business's legal obligations to individuals within an organisation
What technology does a Contracts Administrator use?
What does a Contracts Administrator do on a regular day?
- Updating contract management software, including new draft contracts
- Arranging contracts with suppliers, customers or other external parties
- Sourcing, review and revising documentation according to the needs of business operations
- Drafting or revising legal agreements per business requirements
- Liaising with external organisations regarding changes to contractual obligations
What are the common requirements in a Contracts Administrator JD?
- Demonstrate ability to draft contracts per the requirements of the business
- High level of accuracy and attention to detail
- Effective communication skills, particularly when liaising with other departments or external organisations such as clients, suppliers and regulators
- Ability to work independently or as part of a team
- Strong organisational skills
- Qualifications related to contract drafting and negotiation
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