Contract Manager

Job Summary:

As a Contracts Manager at Lenovo, you will play a crucial role in managing the company's contractual agreements, ensuring compliance with legal and regulatory requirements, mitigating risks, and fostering strong relationships with clients and partners.

Key Responsibilities:

• Contract Management: Oversee the entire contract lifecycle, from initiation and negotiation to execution and closeout. Draft, review, and negotiate contracts to protect the company's interests and minimize risk.

• Compliance: Ensure that all contracts and agreements comply with legal and regulatory requirements, company policies, and industry standards.

• Risk Mitigation: Identify and evaluate potential risks in contracts and develop strategies to mitigate these risks. Recommend improvements to contract templates and negotiation processes to enhance risk management.

• Vendor and Client Relations: Foster positive relationships with clients, suppliers, and partners. Address any contract-related concerns, disputes, or issues promptly and professionally.

• Contract Administration: Develop and maintain a contracts database or management system to track and organize contract documents, milestones, and deadlines.

• Contract Performance: Monitor contract performance and compliance, including key performance indicators (KPIs) and deliverables, and ensure that both parties fulfill their contractual obligations.

• Team Leadership: Lead and mentor a team of contract administrators or specialists to ensure efficient contract management processes.

• Legal and Regulatory Expertise: Stay updated on changes in laws and regulations that may impact contracts and ensure that the company remains in compliance.

Qualifications:

• Bachelor's degree in Business, Law, or a related field. A Juris Doctor (JD) or Master's in Business Administration (MBA) is a plus.
• Minimum of 6 years of experience in contracts management, preferably in the [industry].
• In-depth knowledge of contract law and legal requirements related to contracts.
• Excellent negotiation, communication, and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Proficiency with contract management software and tools.
• Leadership and team management experience.