Head - Contracts - Real Estate

Head-Contracts

Company: Leading Real Estate Industry

CTC: Best in the industry

Job Responsibilities:

Contract Management:

- Oversee the entire contract management process, from drafting and review to execution and archiving. Develop and implement standardized contract templates, ensuring they are up-to-date, legally compliant, and align with organizational objectives. Coordinating with legal for periodical validation, contract conditions, review contractor performance, variations or claims, implementation of systems for tracking, monitoring and auditing services delivered by contractors.

- Conduct contract negotiations with external parties, including vendors, suppliers, contractors, and other stakeholders involved in real estate transactions. Monitor contract performance, identifying and addressing any breaches or non-compliance issues. Develop and maintain a contract database for easy retrieval and reference.

Risk Management:

- Assess potential risks associated with real estate contracts and develop strategies to mitigate them.

- Collaborate with internal departments, such as legal, finance, and operations, to identify and address contractual risks. Review insurance requirements and ensure appropriate coverage for real estate projects. Monitor regulatory changes and industry trends to ensure contract compliance.

Stakeholder Collaboration:

- Liaise with internal stakeholders, including executives, project managers, and finance teams, to understand contract requirements and align them with organizational objectives.

- Collaborate with external parties, such as developers, brokers, and legal professionals, to negotiate favourable terms and resolve any contract-related issues. Provide guidance and support to team members involved in contract management activities.

Documentation and Reporting:

- Maintain accurate and up-to-date records of all contracts, amendments, and related documentation.

- Prepare regular reports on contract status, key performance indicators, and risk assessments for management review.

- Provide timely updates to relevant stakeholders on contract milestones, key terms, and potential risks.

- Developing Contracting and Procurement strategy depending on project horizon, Group's objectives, aspirations to deliver projects in high quality manner.

- Developing strategic partnerships with contracts, developing optimum mix of cross category contractors for delivering timely delivery of services, developing vendors, relationship management, vendor evaluation and implementing actions upon evaluation.

- Leading contracting strategy in coordination with Project Management Group, cost savings in Procurement of contracts, improved contractor performance, improved quality of service and risk mitigation plans along with leading high value and complex transactions to oversee negotiation and governance mechanism.