What does a Contracts Manager do?

A Contracts Manager plays a critical role in overseeing the creation, execution, and management of legal documentation between a company and its clients or vendors. A Contracts Manager ensures all parties involved meet their obligations and follow the terms of said agreements.

Contracts Managers are often involved in the full cycle of contract drafting, negotiation, review, implementation, management, and the handling of documentation within the company’s databases. They collaborate with legal and finance teams to ensure contracts are legally binding, financially sound, and agreeable for all parties.

Contracts Manager Responsibilities

  • Manage contracts and services in accordance with company policies.
  • Prepare and negotiate terms and conditions of contracts.
  • Collaborate with internal and external stakeholders to discuss pertinent business and legal matters relating to contracts.
  • Review and approve all contracts prior to execution.
  • Ensure all contract documentation is up to date.
  • Ensure contract compliance per written agreements.
  • Inform internal and external stakeholders of the status of contracts as needed.
  • Investigate and address contract concerns or questions from clients.
  • Facilitate the resolution of contract disputes.
  • Implement risk mitigation strategies at all stages of a contract’s lifecycle.
  • Regularly conduct research to stay current on legislation, regulations, and industry standards that may affect contract negotiation and management.

Contracts Manager Qualifications

  • Bachelor’s degree in Business Administration, Legal Studies or a related field.
  • Juris Doctor (JD) degree or Paralegal certification is a plus, but not required.
  • 3+ years of experience with contracts management in a legal environment.
  • A strong attention to detail and understanding of legal terminology.
  • Excellent verbal and written communication skills.
  • Ability and desire to work in a dynamic and fast-paced environment.

Looking for a Contracts Manager? As committed partners in recruiting, we can help refine job descriptions and assist you in finding the right candidate for your needs.

Are you looking for new employment opportunities as a Contracts Manager? View open positions here.