Contract Manager

About the job:

Job Description:

Contract Management:

- Review and prepare contracts and agreements related to the project.

- Ensure contracts adhere to legal and regulatory requirements.

- Monitor and manage contract execution, including compliance with terms, deadlines, and payment schedules.

- Act as the primary point of contact between the company and contractors/vendors for contractual matters.

- Identify and mitigate risks related to contracts.

Billing and Invoicing:

- Prepare and issue accurate invoices based on project milestones or progress.

- Coordinate with project teams to ensure timely and accurate billing.

- Monitor accounts receivable, ensuring proper documentation and prompt payment collection.

- Reconcile discrepancies between project costs and invoices, making adjustments where needed.

- Assist in the preparation of periodic financial reports related to project billing.

Project Financial Tracking:

- Track project expenses, costs, and budgets.

- Ensure that costs are controlled, and reports are generated for budget management.

- Prepare financial reports for senior management, highlighting any variances.

- Ensure the financial accuracy and integrity of the project's contractual and billing processes.

Client & Vendor Coordination:

- Communicate with clients regarding payment schedules and outstanding invoices.

- Coordinate with subcontractors and suppliers to ensure timely invoices and payments.

- Resolve disputes or discrepancies related to billing or contracts.

Legal Compliance & Documentation:

- Ensure all contracts are compliant with applicable laws and company policies.

- Maintain and manage contract documentation, including amendments and renewals.

- Provide support during audits, ensuring that necessary documentation is available and accurate.

Project Reporting:

- Provide progress updates to the senior management team related to contract and billing activities.

- Assist in preparing cash flow projections and financial forecasts for the project.

- Contribute to project meetings and provide updates on contract-related issues.