Contract Renewal Specialist

This role involves coordinating internally and externally with stakeholders to ensure seamless contract renewals, mitigating risks, and optimizing processes. Ideal candidates may come from a Project Coordinator/Project Manager or Procurement Specialist/Coordinator background.

Key Responsibilities

Contract Management:

• Review and analyze existing contracts to identify renewal timelines and critical terms.

• Maintain and update a comprehensive contract database for tracking deadlines, statuses, and changes.

Renewal Process Execution:

• Collaborate with internal teams and stakeholders to define renewal terms and necessary adjustments.

• Draft, review, and negotiate renewal documents, ensuring alignment with organizational policies and objectives.

• Coordinate with legal and compliance teams to address changes, risks, and legal implications.

Stakeholder Communication:

• Act as the main point of contact for clients or vendors on contract renewal inquiries.

• Communicate renewal terms, deadlines, and next steps promptly and effectively.

Reporting & Documentation:

• Generate detailed reports on contract statuses, renewal rates, and identified risks for management review.

• Maintain organized records of renewal agreements and related documentation.

Process Improvement:

• Identify inefficiencies in the contract renewal workflow and propose actionable solutions to optimize operations.

Requirements