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Compensation: 120000 USD – 125000 USD / Year
***We are unable to work with 3rd-party or corp-to-corp candidates for this position***
Overview:
Our client will be hiring an in-house Contracts Manager, responsible for overseeing, negotiating and managing contracts within the organization. This includes preparing, reviewing and executing contracts while ensuring compliance with legal, regulatory, and organizational policies and procedures. The Contracts Manager will work closely with various departments to mitigate risks, optimize contractual relationships, and ensure that all parties fulfill their obligations under the agreements. The ideal candidate will possess strong negotiation, communication, and analytical skills, along with a deep understanding of contract law and IT industry standards.
100% REMOTE expectation, US only.
This role reports directly to the President & Chief Operating Officer and has no direct reports.
Responsibilities:
As a strategic partner to the executive team, you'll provide insights that drive the company's strategic decisions and growth potential while mitigating risks.
Contract Management (Negotiation and Drafting):
- Draft, review, negotiate and execute contracts, including but not limited to vendor agreements, statements of work, service level agreements, client contracts and partnership agreements.
- Manage the contract lifecycle from inception to termination, ensuring timely renewals, amendments, and terminations.
- Maintain accurate and organized contract records, including electronic and physical files (where applicable).
- Monitor contract performance and ensure compliance with contractual obligations.
- Identify and mitigate potential contract risks.
- Administer change orders and amendments to existing contracts.
Compliance and Risk Management:
- Identify potential legal and business risks in contracts and propose strategies to mitigate those risks.
- Ensure contracts comply with all applicable laws, regulations, and company policies.
- Conduct risk assessments and develop mitigation strategies.
- Stay up to date on industry best practices and legal developments related to IT contracts.
- Work with legal counsel where applicable, to address complex contractual issues.
Vendor Management:
- Collaborate with department heads to manage contractual relationships with vendors and subcontractors.
- Evaluate vendor performance and ensure adherence to contractual obligations.
- Negotiate favorable terms and conditions with vendors.
Internal Collaboration:
- Collaborate with internal stakeholders, including our Sales, Customer Success, and finance teams, to ensure contract alignment with business objectives.
- Provide contract-related guidance and support to internal teams.
- Prepare and present contract status reports to the leadership team.
Contract Review and Administration:
- Manage the entire contract lifecycle from creation to execution to termination; along with the ability to use contract management software to manage the full lifecycle of contracts.
- Maintain accurate records and ensure timely execution and renewal of contracts.
- Monitor the performance of contractual obligations and ensure that parties are meeting agreed terms.
- Review and manage Non-Disclosure Agreements (NDAs), ensuring all confidentiality clauses are in place and comply with company policies.
- Assess and manage contracts related to SOC 2 compliance, ensuring the company adheres to security, availability, and confidentiality standards as required.
Qualifications:
- 10 years of experience in contract management in the Tech industry (SaaS preferred).
- Prior Paralegal experience
- Strong knowledge of contract law and compliance regulations.
- Strong experience with IT contracts, including software licenses, SaaS agreements, data processing addenda, and service level agreements.
- Ability to interpret complex legal documents and explain terms clearly.
Preferred:
- Proficiency in contract management software and Microsoft Office Suite.
- Knowledge of legal and regulatory requirements related to IT contracts.
- Certifications such as Certified Professional Contract Manager (CPCM) are a plus.
- Strong knowledge of data privacy regulations such as GDPR, CCPA, and other applicable laws.
- Prior use of AI tools to help automate job functions.
- Experience with Cloud computing contracts is highly desirable.