Explore the critical requirements, core duties, primary responsibilities, and key skills that should be included in a comprehensive Contract Specialist job description.
What does a Contract Specialist do?
A contract specialist is responsible for creating and reviewing contracts between a company and its suppliers. This job can be found in various industries such as theaters, businesses, and nonprofits. Key tasks include evaluating bids, preparing contracts, and negotiating terms.
Job Description
We are seeking a skilled contract specialist to join our legal team. In this role, you will be responsible for negotiating contract terms, creating contracts, evaluating bids, and staying up-to-date on current regulations.
The ideal candidate for this position should have strong contract drafting and editing skills with excellent attention to detail. Effective communication is also important, as well as a deep understanding of procurement regulations, contract agreements, and legal terminology.
Job Duties and Responsibilities
- Negotiate contracts for products and services.
- Assess contractor performance and make necessary changes to existing contracts.
- Create and edit contracts for the company and potential clients.
- Handle breaches of contract in a timely manner.
- Act as the main point of contact with outside contracting representatives.
- Develop effective procurement proposals.
- Research regulations to ensure contracts are compliant and up-to-date.
- Communicate with clients to ensure contract terms are met.
Requirements and Qualifications
- Bachelor's degree in law or a related field.
- At least 3 years of experience in a similar role.
- Excellent written and verbal communication skills.
- Thorough understanding of procurement regulations, contract documents, and legal specifications.
- Strong negotiation and interpersonal skills.
- Ability to address and resolve client concerns and complaints.