Contracts Manager
| Posting date: | 25 April 2024 |
|---|---|
| Salary: | £42,000 to £45,000 per year |
| Additional salary information: | £42000 - £45000 a year |
| Hours: | Full time |
| Closing date: | 31 May 2024 |
| Location: | Peterborough, PE2 8AL |
| Company: | NHS Jobs |
| Job type: | Permanent |
| Job reference: | U0088-24-0013 |
Summary
The job description of a contract manager typically includes the following main roles and responsibilities: Contract Development and Negotiation: Participate in the development, review, and negotiation of contracts with external parties. This involves understanding the organisation's needs, ensuring legal and regulatory compliance, and establishing favourable terms and conditions. Contract Administration: Oversee the implementation and execution of contracts throughout their lifecycle. Monitor contract performance, track key milestones, and ensure compliance with contractual obligations. Address any issues or disputes that may arise and work towards their resolution. Stakeholder Management: Collaborate with internal stakeholders, such as procurement teams, legal advisors, and department heads, to gather contract requirements, provide guidance, and address any concerns. Build and maintain positive relationships with external parties involved in the contracts. Risk Assessment and Mitigation: Identify potential risks associated with contracts, including legal, financial, operational, or reputational risks. Develop strategies to mitigate these risks, such as incorporating appropriate clauses, insurance provisions, or performance guarantees. Compliance and Regulatory Adherence: Ensure compliance with relevant laws, regulations, and organisational policies. Stay updated on changes in laws or regulations that may impact contracts and advise stakeholders accordingly. Conduct internal audits to assess compliance and take corrective actions if necessary. Performance Monitoring and Evaluation: Track and evaluate the performance of contracts against agreed-upon metrics and key performance indicators (KPIs). Collect and analyse data to identify trends, areas for improvement, or potential risks. Provide regular reports and recommendations to senior management or stakeholders. Contract Renewals and Amendments: Assess the need for contract renewals or amendments based on performance evaluations, changing business requirements, or market conditions. Participate in the negotiation process for contract renewals or amendments and ensure timely execution. Documentation and Record-Keeping: Maintain accurate and up-to-date contract documentation, including contract terms, amendments, correspondence, and related records. Ensure contracts are properly filed and easily accessible for reference and audit purposes. Continuous Improvement: Stay informed about best practices, industry trends, and evolving regulations related to contract management. Continuously seek opportunities to enhance contract management processes, streamline workflows, and improve efficiency. Legal and Ethical Compliance: Ensure that contracts adhere to ethical standards, confidentiality, and data protection requirements. Collaborate with legal advisors when necessary to address complex legal issues or contractual disputes. The overarching goal is to effectively manage contracts, mitigate risks, and optimise outcomes for all parties involved.