Contract Manager

The Contract Manager will be responsible for ensuring compliance with contract terms, manage risks, and foster strong relationships with clients, contractors, and suppliers.

Fairstone Ltd a subsidiary of Evaco Group is currently looking for a Contract Manager who will be responsible for ensuring compliance with contract terms, manage risks, and foster strong relationships with clients, contractors, and suppliers. 

Contracts Management

• Oversee projects performed in partnership between FairStone Ltd and other companies.
• Develop, review, and negotiate contracts, subcontracts, and agreements to align with company objectives and minimize risks and provides responses to bids, proposals and contract negotiations.
• Ensure all contracts adhere to legal, regulatory, and project requirements.
• Create and maintain sound relationships with suppliers and customers and ensure correct commercial engagement of subcontractors.
• Manage and resolve disputes or claims with contractors, suppliers, or clients in a timely and cost-effective manner.
• Collaborate with legal teams when required.
• Coordinate every aspect of the projects of FairStone Ltd from reviewing and approving contract terms to coordinating deadlines, approving budgets whilst ensuring that it is in line with Management instructions and other relevant points.
• Ensure the organization's internal contract related documents are accurate and well maintained, traceable and in line with both internal and legal regulations.
• Analyze all requirements and provisions in contracts, including terms and conditions, to ensure compliance with all laws and regulations and company policies and procedures.
• Provide the necessary advice and guidance to the different teams with regards to contracts.
• Create, prepare, review and edit all contracts with the proper consultancy with the relevant departments (legal, HR, operations, etc…).
• Identify opportunities to improve business processes and devise plans to implement these changes.
• Monitor contracts and do the needful with regards to close-out, extension or renewal of contracts.
• Conduct analysis of new laws, regulations and contract trends to determine potential impact on the business.
• Coordinate with the finance department to ensure correct billing and collection of contractual revenues.
• Maintain all the administrative documentation relating to contracts.
• Any other cognate duties related to contract management.

Risk management

• Ensure that the proper Standard Operating Procedures are set up to mitigate any risks of fraudulent/inaccurate transactions.
• Identify and mitigate contractual and operational risks.
• Train the personnel under your care to this effect and keep the relevant records