Welspun Group - Lead - Contracts

Job Summary:

The Lead Contracts is responsible for managing contract negotiations, drafting agreements, ensuring compliance with legal and regulatory requirements, and mitigating contractual risks.

This role involves collaborating with internal teams, vendors, and clients to optimize contract execution and performance while safeguarding the organization's interests.

Key Responsibilities:

Contract Drafting & Negotiation:

- Draft, review, and negotiate contracts, agreements, and service-level agreements (SLAs).

- Ensure contracts align with company policies, legal standards, and business objectives.

- Collaborate with legal, procurement, and finance teams for risk mitigation.

Compliance & Risk Management:

- Ensure adherence to contractual obligations, regulatory requirements, and industry best practices.

- Identify and mitigate potential contractual risks and liabilities.

- Maintain up-to-date knowledge of relevant laws, regulations, and industry trends.

Contract Lifecycle Management:

- Oversee the end-to-end contract lifecycle, from initiation to execution and renewal.

- Implement contract management best practices, tracking key deliverables and deadlines.

- Maintain organized contract records and databases.

Stakeholder Coordination & Vendor Management:

- Act as a liaison between internal teams, clients, vendors, and legal advisors.

- Manage supplier and vendor contracts to ensure service and cost efficiency.

- Resolve disputes and contractual conflicts in collaboration with legal teams.

Process Improvement & Reporting:

- Develop and enhance contract management processes for efficiency and compliance.

- Prepare reports on contract performance, risks, and obligations for senior management.

- Provide training and guidance to teams on contract management and compliance.

Qualifications & Experience:

- Bachelors degree in Business Administration, Law, Contract Management, or a related field.

- 6+ years of experience in contract management, procurement, or legal functions.

- Strong understanding of contract laws, risk assessment, and compliance.

- Experience with contract management software and ERP systems preferred.

Skills & Competencies:

- Excellent negotiation and communication skills.

- Strong analytical and problem-solving abilities.

- Detail-oriented with the ability to manage multiple contracts simultaneously.

- Proficiency in legal and commercial contract terms.