19 Welspun World Jobs in Mumbai

The Assistant Manager - Contracts is responsible for managing, reviewing, and negotiating contracts to ensure compliance with legal, financial, and organizational policies. This role involves coordinating with internal teams, vendors, and legal advisors to mitigate risks and support business operations efficiently.

Key Responsibilities:

1. Contract Drafting, Review & Negotiation

• Draft, review, and negotiate contracts, agreements, and legal documents.
• Ensure that all contracts comply with company policies, legal requirements, and industry standards.
• Identify risks in contracts and recommend modifications to protect the companys interests.
• Collaborate with legal teams to resolve disputes and contract-related issues.
• Support contract negotiations with vendors, clients, and third parties.

2. Contract Management & Compliance

• Maintain a database of all contracts and monitor their validity, renewals, and obligations.
• Ensure timely execution and renewal of contracts to prevent lapses.
• Track contract performance and compliance with agreed terms and conditions.
• Develop and implement contract management processes and best practices.
• Assist in ensuring regulatory compliance in all contract-related matters.

3. Risk Assessment & Mitigation

• Identify contractual risks and propose risk mitigation strategies.
• Work with finance, legal, and operations teams to address risk factors in agreements.
• Monitor changes in laws and regulations that may impact contractual obligations.

4. Vendor & Stakeholder Coordination

• Liaise with suppliers, clients, and internal teams to ensure smooth contract execution.
• Address contract-related queries and resolve disputes effectively.
• Provide guidance and training to teams on contract policies and procedures.

5. Reporting & Documentation

• Prepare reports on contract status, risks, and performance metrics.
• Maintain organized records of executed contracts and ongoing agreements.
• Support audits and legal reviews by providing necessary contract documentation.

Qualifications & Skills:

• Bachelor’s degree in Law, Business Administration, or a related field.
• 3-5 years of experience in contract management, procurement, or legal compliance.
• Strong understanding of contract laws, legal terminologies, and risk management.
• Proficiency in contract management software and Microsoft Office Suite.
• Excellent negotiation, communication, and analytical skills.
• Ability to work under pressure and manage multiple contracts simultaneously.

Preferred Qualifications:

• Experience in contracts within industries such as construction, manufacturing, or energy.
• Knowledge of FIDIC contracts (for construction and engineering projects).
• Certification in contract management (e.g., Certified Commercial Contracts Manager - CCCM).