Job Description
Contract Manager is primarily responsible for managing all contracts that their employer is negotiating and entering. Contract Managers have to be shrewd, and knowledgeable about the details and potential benefits of any contract, and must fulfill the following duties and responsibilities:
- Craft, evaluate, negotiate and execute a wide variety of different contracts covering a range of transactions.
- Create and maintain relationships with suppliers and serve as the singular point of contact for matters concerning contracts.
- Maintain records for correspondence and documentation in relation to established contracts and those in progress.
- Communicate and present information to stakeholders about all contract-related matters.
- Monitor contracts and move forward with close-out, extension or renewal according to what’s best for the company.
- Solve any contract-related problems that may arise with other parties and internally with the company itself.