
Senior Manager, Contracts Administration
- Glen Burnie, MD
- Permanent
- Full-time
- Contract Lifecycle Management:
- Fully manage the contract lifecycle, from contract negotiation through to contract execution and retention, ensuring effective implementation and execution of all contract processes.
- Develop, implement, and monitor contract execution processes, ensuring that workflows are streamlined, milestones are met, and compliance is maintained throughout the lifecycle.
- Design and implement efficient contract execution processes to ensure smooth and consistent administration across all contracts.
- Work closely with sales and project teams to ensure that contract terms are clearly communicated and understood, leading to seamless execution and adherence to timelines.
- Service Level Agreement (SLA) Development & Achievement:
- Develop and implement SLAs for contract execution, setting clear targets for performance, timeline adherence, and project delivery.
- Monitor SLA performance across all projects, ensuring that teams meet or exceed agreed-upon targets.
- Take corrective action when SLA targets are not met, collaborating with sales and project teams to resolve issues promptly and efficiently.
- Report on SLA performance to senior leadership, highlighting successes, challenges, and areas for improvement.
- Contract Negotiations:
- Lead the negotiation of contract terms and conditions with clients, suppliers, and subcontractors, ensuring mutually beneficial agreements that align with business goals and risk mitigation strategies.
- Improve payment terms and cash flow management through contract negotiation, aiming for better payment schedules, early payment incentives, and favorable cash flow structures to enhance project liquidity.
- Collaborate with internal teams to ensure contracts are properly structured, legally sound, and aligned with company objectives.
- Address and resolve contract disputes and issues, ensuring that solutions are in line with contract terms and maintain strong business relationships.
- Risk Management & Compliance:
- Proactively identify and manage risks associated with the execution of contracts, implementing mitigation strategies to ensure compliance and minimize financial or operational risk.
- Ensure all contracts meet regulatory and industry standards, with a focus on compliance with internal policies and external regulations.
- Implement corrective measures and mitigation plans when necessary to ensure compliance and to resolve potential legal or financial issues efficiently.
- Leadership & Team Development:
- Lead, mentor, and develop a team of contract administrators, fostering a collaborative and high-performance culture.
- Establish training programs to ensure team members are equipped with the necessary skills for effective contract lifecycle management, including negotiation, execution, and risk management.
- Build and maintain strong relationships with key clients, suppliers, and other partners, ensuring smooth contract execution and long-term business success.
- 7+ years of experience in construction and / or technology integration contract management, with a focus on managing and executing the full contract lifecycle.
- Proven experience in implementing and managing contract execution processes, ensuring the achievement of performance and compliance targets.
- Strong expertise in negotiating, managing, and executing construction contracts, including FFP, T&M, and cost-plus contract types.
- Extensive experience in developing and managing SLAs for contract execution, with a demonstrated ability to meet or exceed performance targets.
- Demonstrated ability to improve payment terms and cash flows within strategic contract negotiations, enhancing project liquidity and financial performance.
- In-depth knowledge and understanding of AIA (American Institute of Architects) contracts and their application in construction projects.
- A BA/BS degree in Business Administration, Construction Management, or a related field is preferred.
- Strong leadership, negotiation, and communication skills, with a focus on building and maintaining successful relationships.
- Experience working with both private and public sector clients is highly valued.