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Contract Specialist - Jobs in United Arab Emirates, Dubai

8.00 to 10.00 Years   United Arab Emirates, Dubai   10 Sep, 2023
GMG Group
Job LocationUnited Arab Emirates, Dubai
EducationNot Mentioned
SalaryNot Mentioned
IndustryRetailing
Functional AreaNot Mentioned

Job Description

About GMGGMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, everyday goods, health and beauty, properties, and logistics sectors. Its vision is to inspire people to win in ways that make the world better. GMGs investments span across five key verticals: GMG Sports, GMG Everyday Goods, GMG Health and Beauty, GMG Properties, and GMG Logistics. Under the ownership and management of the Baker family, it has become a leading global company, affiliated with the worlds most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands into its markets.

    About the roleThis position is responsible for drafting, reviewing, and negotiating contracts, ensuring compliance with company policies and legal requirements. The Contract Specialist will collaborate with various departments to manage contracts throughout their lifecycle.Key Responsibilities:1. Contract Drafting and Review:Draft, review, and revise contracts, including purchase agreements, service contracts, and vendor agreements as per the nature of goods/services based on the category (FM, Admin, IT, Marketing, etc.)Ensure contracts adhere to legal and regulatory guidelines.Identify and mitigate contractual risks.2. Contract Negotiation:Negotiate contract terms and conditions with external parties, ensuring favourable terms for the organization.Collaborate with legal counsel, vendors, and stakeholders to reach mutually beneficial agreements.3. Contract ManagementMaintain an organized contract repository and database.Monitor contract performance and compliance throughout the contract lifecycle.Implement contract amendments, renewals, and terminations as necessary.4. Vendor and Stakeholder CommunicationLiaise with vendors and internal stakeholders to resolve contract-related issues.Communicate contract changes and updates to relevant parties.5. Compliance and Risk ManagementEnsure contracts comply with company policies and applicable laws and regulations.Assess and mitigate contractual risks to protect the organizations interests.6. Documentation and ReportingPrepare reports on contract status, performance, and upcoming expirations.Maintain accurate and up-to-date contract documentationAbout the requirements
    • Minimum of 8 + years Proven work experience as a Contracts Specialist or similar role in a large-scale organization
    • University degree in Business or equivalent
    • Attention to detail and the ability to manage multiple contracts simultaneously
    • Excellent oral and written communication skills
    • In-depth knowledge of procurement regulations, legal terminology contract documents and legal specifications
    • Ability to resolve client complaints and concerns
    • Relevant training and/or certifications as a Contracts Specialist
    • Proficiency in Contract Management Software
    • Contract Management, Risk Identification, Negotiation, Interdepartmental Collaboration

    Keyskills :
    Contract Management Negotiation legal terminology Contracts

    About Company

    GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors.

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