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Damac Properties

Senior Manager-Contracts Compliance

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  • Posted 22 hours ago
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Job Description

Job Description

Role/Responsibilities:

  • Responsible for compliance duties of various Corporate Agreements such as Branding Agreement, Joint Venture Agreements, Plot Agreements, Debt Agreements and other Corporate Agreements.
  • Review draft Sales Purchase Agreements and propose amendments to ensure company interests are protected. Co-ordinate with third party local legal firms for inputs
  • Review Agreements and Develop and oversee control systems to prevent non-compliance for corporate third party agreements and banking facilities agreements. Also monitor the covenants in Debt Agreements and its submission requirements on a periodic basis
  • Identify, assess, monitor and manage compliance of company with terms of agreement executed with third Parties
  • Review wide varietly of corporate contracts or any other documentation committed by the company and assess commercial and legal implications that need to be brought to the senior management's attention.
  • Prepare and maintain a risk / compliance register after reviewing and extracting the legal-administrative clauses in executed Contracts. Enter such complaince obligations in the Compliance Management Software and ensure the system is updated with information on a periodic basis.
  • Contribute to robust and effective compliance controls within the organisation.
  • Review contracts, amendments and prepare power of attorney documents
  • Monitor to ensure adherence to the various compliance requirements in executed Contracts.
  • Keeps track of important contract dates and milestones and prepare reports on the status of contracts for management review.
  • Partner with various other internal departments (legal, finance and others) to make the contract management process more effective and efficient.
  • Ensure compliance with internal policies, third party agreements and statutory or legal requirements.
  • Ensure that contracts signed are properly entered into organizational database.
  • Maintain records for correspondence and documentation in relation to executed contracts and those in progress.
  • Prepare weekly, monthly and quarterly reports for the department for executive management meetings. Perform any other taks and/or duties as may be delegated.

Qualifications/Specific Experience/Skills:

  • Degree in finance, law, para legal, business management, company secretary or equivalent;
  • Min. 15 years of work experience with at least 3 years of experience in construction related industry;
  • Member of professional institutions for Compliance
  • Excellent English language skill (both spoken and written);
  • Excellent revewing skills - Must be able to review agreements, amendments and prepare summary of compliance requirements etc.
  • Excellent skills for preparing reporting and presentations
  • Very organized, efficient, systematic and team player. Commitment and enthusiasm in the delivery of the organization's objectives
  • Eye for Detail.

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About Company

Job ID: 146996787

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