Senior contracts specialist

Job Purpose:The Contracts Senior Specialist is responsible for preparing, reviewing, and managing contracts and agreements to ensure legal compliance, protect the organization's interests, and support the effective administration of the contract lifecycle. The role plays a key part in ensuring that all contractual arrangements adhere to applicable laws, regulations, and internal governance requirements.Key Responsibilities:Contract Drafting and PreparationDraft, review, and amend contracts, agreements, and related addendums using approved templates.Ensure contractual terms are clear, comprehensive, and enforceable.Align contractual documents with applicable laws, regulations, and organizational requirements.Legal ReviewReview contracts received from various business units and investments prior to approval.Identify potential legal and contractual risks and recommend appropriate mitigation measures.Ensure the inclusion of essential contractual provisions, including dispute resolution, confidentiality, liabilities, and penalties.Contract Administration and Follow-UpCoordinate contract approval and execution processes with relevant stakeholders.Monitor contractual obligations and ensure adherence to agreed timelines and deliverables.Work closely with internal departments to address contractual issues, disputes, or performance concerns.Documentation and Records ManagementMaintain organized electronic and physical records of contracts and agreements.Update contract registers, including expiration and renewal dates.Ensure contracts are readily accessible for reference and audit purposes.Compliance and GovernanceAdhere to contract management policies, governance frameworks, and approved procedures.Ensure compliance with applicable legal and regulatory requirements throughout the contract lifecycle.Report potential contractual risks, non-compliance issues, or governance concerns.ReportingPrepare regular reports on the status of contracts and agreements.Provide reports on contractual risks, legal observations, and compliance findings.Generate periodic reports on expiring and renewable contracts.Qualifications & Experience:Bachelor's degree in Law.3 to 5 years of experience in Contract Management, Legal Affairs, Procurement, or a related field.Fluency in Arabic and English, both written and spoken.Saudi National.Key Competencies:Strong attention to detail and analytical skills in reviewing contractual documents.High standards of integrity, professionalism, and objectivity.Strong negotiation and stakeholder management skills.Excellent organizational and time management abilities.Effective written and verbal communication skills.Commitment to continuous professional development in legal and regulatory matters.