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FFacctum

Contract and Legal Specialist

Facctum

Pune
Full-Time
0-3 Years experience

Description

Position Overview: The Contract Analyst will be responsible for managing the end-to-end contract lifecycle, supporting procurement activities, and ensuring contractual compliance across vendor and client engagements. This role requires strong analytical skills, attention to detail, and the ability to collaborate cross-functionally with Legal, Finance, Procurement, Risk, and Business teams.

Job Responsibilities:

·       Manage the end-to-end contract lifecycle, including drafting, reviewing, negotiating, and executing contracts such as client agreements, vendor agreements, service agreements, NDAs, and amendments.

·       Analyse contractual terms and conditions to ensure alignment with company policies, legal requirements, and business objectives.

·       Identify, assess, and mitigate contractual risks, highlighting deviations from standard terms and recommending appropriate changes.

·       Collaborate with Legal, Procurement, Finance, Risk, and Business stakeholders to ensure contracts meet operational, financial, and compliance requirements.

·       Maintain and update the contract repository, ensuring proper version control, documentation accuracy, and audit readiness.

·       Track and monitor key contractual obligations, including SLAs, KPIs, deliverables, and critical milestones, ensuring timely compliance and performance.

·       Support contract negotiations by analysing commercial terms, pricing models, and benchmarking against internal standards and market practices.

·       Assist in contract renewal management, identifying upcoming expiries, evaluating contract performance, and supporting renegotiation or termination decisions.

·       Ensure proper flow-down of contractual terms into purchase orders, vendor communications, and related procurement documentation.

·       Conduct vendor due diligence and risk assessments, including financial, operational, and compliance evaluations.

·       Support audit and compliance activities, ensuring all contract and procurement documentation meets internal policies and regulatory standards.

·       Provide contractual guidance and interpretation to internal stakeholders to support effective decision-making.

·       Assist in resolving contract-related disputes, escalations, and performance issues in coordination with internal and external stakeholders.

·       Monitor compliance with data protection, confidentiality, and information security requirements within contractual arrangements.

·       Contribute to the development and improvement of contract templates, processes, and governance frameworks.

·       Prepare reports and insights on contract utilization, compliance status, cost savings, and vendor performance.

Requirements

·       Bachelor's degree in Law, Business Administration, Finance, or a related field.

·       3 to 4 years of professional experience in contract management, procurement, or a related function.

·       Strong understanding of contractual terms, legal concepts, and risk management principles.

·       Experience working with cross-functional stakeholders in a corporate environment.

·       Good knowledge of procurement processes and vendor management practices.

·       Proficiency in Excel and contract/procurement management tools is an added advantage.

·       Excellent analytical, communication, and negotiation skills.

·       High attention to detail with strong organizational and documentation abilities.

About Facctum

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