Contract Manager

As a member of the company's Procurement team, the Contract Manager is responsible for the full lifecycle management of contracts within the Procurement department, ensuring compliance, mitigating risk, and maximizing value for the company. This role collaborates closely with internal stakeholders in Legal, Finance, and Operations, in addition to external vendors to negotiate, draft, review, and execute a wide range of contracts, including construction, professional services, equipment procurement, and building maintenance agreements. Duties: Contract Negotiation and Drafting * Partner with the Procurement Manager on contract negotiations to align agreements with company objectives and risk tolerance * Draft, review, and redline contracts, incorporating appropriate legal and commercial terms * Collaborate with legal counsel to address complex legal and contractual issues Contract Lifecycle Management * Track and manage key contract milestones (e.g., start, renewal, and termination dates) to ensure timely renewals or amendments * Monitor contract performance and identify potential issues or breaches * Manage contract amendments and ensure proper documentation * Maintain and optimize the contract templates and workflow within the Contract Lifecycle Management (CLM) platform Risk Mitigation * Identify and assess contractual risks and develop mitigation strategies * Ensure compliance with relevant laws, regulations, and industry best practices * Conduct regular contract audits to ensure compliance and identify areas for improvement Stakeholder Management * Build and maintain strong relationships with internal stakeholders across departments, including Legal, Finance, Operations, Business Development * Communicate contract terms, conditions, and related information effectively and accurately to stakeholders and all relevant parties * Hold all stakeholders accountable for turnaround times on contract processing Continuous Improvement * Identify opportunities to improve contract processes and workflows * Stay informed of industry trends and best practices in contract management * Develop and implement contract management policies and procedures * Build out functionality within the CLM platform to streamline the contract process * Promote and demonstrate the behaviors consistent with CoreSite's culture and Core Values

Created: 2025-02-08