Published: July 29, 2024 - The Commercial Contracts Specialist enhances vendor management by building robust relationships with goods and services providers, facilitating cost-effective practices, and driving the strategic direction of maintenance and service contracts. This role collaborates with internal Legal and Commercial teams to ensure process compliance, challenges business requirements and offers advice on improvement opportunities. Additionally, the specialist analyzes contracts to enhance contractual terms and commercial risks, supports business contract owners with commercial, contractual, and financial strategies, and ensures all contracts adhere to organizational guidelines.
Tips for Commercial Contracts Specialist Skills and Responsibilities on a Resume
1. Commercial Contracts Specialist, CyberTech Systems, Atlanta, GA
Job Summary:
- Review of incoming contracts e.g. framework services agreements, work orders and NDAs (supplier and customer, public and private sector)Production of outgoing contracts from template
- Advising internal parties on risk and compliance matters
- Liaison with delivery teams over contractual matters
- Ongoing contract management and project team support
- Delivery of compliance activity (e.g. IR35, GDPR) via established processes
- Research into applicable laws and regulatory changes
- Maintenance of contract repository
- Maintaining contractual opportunities
- Assisting in the formulation of contract policies
- Developing performance standards and promoting contract management best practices.
Skills on Resume:
- Contract Review and Drafting (Hard Skills)
- Risk and Compliance Advisory (Soft Skills)
- Contract Management (Hard Skills)
- Regulatory Research (Hard Skills)
- Compliance Delivery (Hard Skills)
- Policy Formulation (Hard Skills)
- Performance Standards Development (Hard Skills)
- Opportunity Management (Soft Skills)
2. Commercial Contracts Specialist, Advanced Materials Group, Seattle, WA
Job Summary:
- Build, strengthen, and maintain relationships with Goods and Services providers
- Build strategic stakeholder relationships to strengthen customer service and achieve better business outcomes.
- Driving cost-effective vendor management
- Facilitate the management and strategic direction of maintenance and service contracts.
- Interfaces with internal Legal and Commercial teams for advice and process compliance
- Challenge business requirements where appropriate and provide advice and recommendations on improvement opportunities.
- Analyse contracts and seek improvements on contractual issues and commercial risks
- Monitor and audit contract compliance and ensure maintenance and service contracts are managed by AGL Guidelines
- Providing commercial, contractual, and financial support to Business Contract Owners to ensure successful outcomes
- Advise on and implement commercial strategies
Skills on Resume:
- Vendor Relationship Management (Soft Skills)
- Strategic Stakeholder Engagement (Soft Skills)
- Cost-Effective Vendor Management (Hard Skills)
- Contract Management and Strategic Direction (Hard Skills)
- Compliance and Legal Coordination (Hard Skills)
- Contract Analysis and Improvement (Hard Skills)
- Contract Monitoring and Auditing (Hard Skills)
- Commercial Strategy Implementation (Hard Skills)
3. Commercial Contracts Specialist, Dynamics Electronics, Boston, MA
Job Summary:
- Support preparation and issuing of contractual, legal, and commercial correspondence
- Support stakeholders and procurement to manage contract variations
- Management of the securities, warranties and liquidated damage claims under the contract (i.e. Bank Guarantees)
- Support the dispute resolution and defect management process
- Demonstrate continuous improvement by identifying and implementing better ways of work, minimising waste and driving efficiency.
- Contract performance and compliance reporting
- Assist with Procurement of AGL Macquarie tenders
- Maintain stakeholder relationships to ensure the successful management of vendors
- Ensuring health, safety and environment policies are adhered to
- Develop Contract management strategies that maximise financial benefits
Skills on Resume:
- Contract Management (Hard Skills)
- Stakeholder Engagement (Soft Skills)
- Dispute Resolution (Soft Skills)
- Continuous Improvement (Hard Skills)
- Performance Reporting (Hard Skills)
- Procurement Support (Hard Skills)
- Health, Safety, and Environment (HSE) Compliance (Hard Skills)
- Strategic Contract Management (Hard Skills)
4. Commercial Contracts Specialist, AutoParts Manufacturing, Detroit, MI
Job Summary:
- Review change proposals/instructions/change orders/variations pertinent to compliance with or deviations from agreement/contract terms and conditions.
- Assist in the analysis of priced changes proposals and other data to determine the reasonableness of rates/prices,
- Assist in the negotiations of contractual terms and conditions to support Contracts and Claims Expert and other departments/business units in finalizing agreements/contracts.
- Liaise and coordinate with consultants and contractors to monitor compliance levels against agreement/contract requirements to ensure cost-effective and timely delivery of the scope of services/works to best serve the needs and requirements of the company.
- Assist in the assessment of claims for cause, effect, entitlement, time, and quantum with the support of the Projects team and advise on potential liability to the company.
- Review change proposals/instructions/change orders/variations pertinent to compliance with or deviations from agreement/contract terms and conditions.
- Assist in the analysis of priced changes proposals and other data to determine the reasonableness of rates/prices
- Contribute to the interpretation of the company's requirements under the agreement/contract provisions to facilitate the conclusion of value engineering proposals.
- Partner with the legal, sales and contract system teams to promote contract management best practices.
- Responsible for legal paperwork readiness including approval and sign-off for sales contacts.
- Help design workflow by conducting requirement gathering, process design, testing and process roll-out.
- Act as the point of contact for the sales ops team, and partner with sales and legal teams.
Skills on Resume:
- Contract Compliance Analysis (Hard Skills)
- Cost Analysis and Pricing Evaluation (Hard Skills)
- Contract Negotiation (Hard Skills)
- Stakeholder Liaison and Coordination (Soft Skills)
- Claims Assessment (Hard Skills)
- Interpretation of Contract Provisions (Hard Skills)
- Contract Management Best Practices (Hard Skills)
- Workflow Design and Process Management (Hard Skills)