Contract and Legal Specialist
Facctum
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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