Contracts Analyst banner
a Contracts Analyst thumbnail
Contracts Analyst

Overview, Education, Careers Types, Skills, Career Path, Resources

Contracts Analysts review, negotiate, and manage contracts, ensuring compliance and minimizing risks. They need strong analytical and communication skills.

Average Salary

₹6,00,000

Growth

medium

Satisfaction

medium

Home/Careers/legal/contracts analyst
Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

    -
    Contract Drafting and Negotiation
    -
    Legal and Regulatory Compliance
    -
    Risk Management
    -
    Financial Acumen
    -
    Communication and Interpersonal Skills
    -
    Contract Management Software Proficiency
    -
    Analytical and Problem-Solving Skills
    -
    Attention to Detail
    -
    Negotiation Strategies
    -
    Vendor Management
Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

    -
    Negotiation Skills
    -
    Analytical Thinking
    -
    Attention to Detail
    -
    Communication Skills
    -
    Problem-Solving
    -
    Time Management
    -
    Ethical Conduct
    -
    Adaptability
Technical Skills

Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

    -
    Contract Law
    -
    Legal Research
    -
    Contract Drafting
    -
    Negotiation Skills
    -
    Risk Management
    -
    Financial Acumen
    -
    Data Analysis
    -
    Contract Management Software
    -
    Communication Skills
    -
    Attention to Detail
    -
    Knowledge of Industry Standards
    -
    Time Management
Duties and Responsiblities

Task

95%

Review and analyze contract terms to ensure compliance with legal and company policies.

90%

Negotiate contract modifications and renewals with vendors and clients.

85%

Prepare and manage contract documentation, including amendments and exhibits.

80%

Identify and mitigate potential contractual risks and liabilities.

75%

Maintain an organized contract database for easy retrieval and tracking.

70%

Collaborate with legal and finance teams to ensure contract accuracy.

65%

Monitor contract performance and compliance, addressing any issues promptly.

60%

Assist in the development of contract templates and standard clauses.

55%

Provide contract-related training and guidance to internal stakeholders.

Work Activities

95%

Lead negotiations to secure favorable terms and mitigate risks.

92%

Ensure contracts comply with laws and regulations.

90%

Identify and evaluate potential contractual risks.

88%

Draft clear, enforceable contract documents.

85%

Track contract performance and compliance metrics.

82%

Resolve contract disputes efficiently and fairly.

80%

Communicate contract details to relevant stakeholders.

78%

Thoroughly review contracts for accuracy and completeness.

75%

Maintain organized contract documentation.

72%

Develop contract-related policies and procedures.

Detailed Work Profile

Interests