Contracts Manager

About the Company

L&T Finance Limited, part of the Larsen & Toubro group, is based in Mumbai and is among India’s prominent non-banking financial companies. The organisation serves a broad customer base across lending, with offerings such as personal loans, two-wheeler loans, home loans, rural business loans, farm loans, and SME loans. Its focus is on tailored financial solutions, innovation, and a customer-first approach.

Role Overview

This position is for a Contracts Manager handling contract administration, claims, dispute support, and legal coordination for projects across India. The role is centered on protecting company interests, identifying contractual risks early, and ensuring smooth execution through strong documentation and correspondence practices.

Key Responsibilities

• Review bid documents carefully, identify contractual risk areas, prepare contingency plans, and share inputs with the tendering team so pricing can reflect the work accurately.
• Raise clarifications and queries during the pre-bid stage to improve understanding of the client’s requirements and the proposal scope.
• Prepare the Contract Appreciation Document for internal review and circulation.
• Track project execution from a contractual standpoint and safeguard company entitlements as well as performance obligations.
• Prepare and submit claims for site-related issues in coordination with the project site team.
• Handle client correspondence on a regular basis to resolve concerns related to scope, delays, and other contractual matters.
• Coordinate with Dispute Resolution Bodies established under the contract.
• Work with arbitration tribunals for dispute settlement matters.
• Support legal proceedings through counsel and advocate-on-record, including follow-ups and necessary submissions.
• Coordinate with legal counsel for arbitration and provide the inputs needed to strengthen the company’s position.
• Draft high-value work orders and agreements with subcontractors.
• Standardise templates and formats for subcontractor work orders and agreements.
• Build awareness within the project team on the importance of contract compliance, client correspondence, and early identification of friction points during execution.

Performance Focus Areas

• Generate revenue through claims for extra work executed.
• Identify potential risks and recommend practical mitigation measures.
• Ensure vendors, subcontractors, and JV partners have a shared understanding of contract documents.
• Support internal stakeholders effectively and help improve their experience.
• Continue building personal expertise and help strengthen team capability.

Competency Expectations

• Ability to analyse industry trends and evaluate different options before making important decisions.
• Comfort with keeping alternate plans ready and testing ideas through opposing viewpoints.
• Capacity to develop innovative solutions and new approaches to business problems.
• Skill in anticipating the impact of change and taking steps to reduce downside risk.
• Strong relationship-building ability with internal teams, external parties, and stakeholders.
• Willingness to engage closely in critical discussions and support collaboration across groups.
• Ability to identify capability gaps and help address them for future needs.
• Confidence in explaining team goals clearly, motivating others, and building on individual strengths.
• Readiness to invest time and effort in uncertain situations to improve outcomes and pursue new opportunities.
• Ability to act directly in high-risk situations and address performance issues firmly when required.

Other Required Skills

• Working knowledge of applicable laws and regulations linked to contract management and claim recovery.
• Ability to build and maintain a network of external legal counsels and consultants for knowledge support.
• Strong understanding of contract interpretation, management, and current market practices.
• Experience in preparing thoroughly for arbitrations and claim settlements.
• Excellent drafting ability for varied contract-related documents.
• Strong risk-analysis mindset with the ability to identify likely issues early and communicate mitigation steps to stakeholders.

Location

The role is based in PAN India.

Qualification

A B.Tech / B.E. degree in any specialisation is required.

Skills

The role requires expertise in contract administration, arbitration support, claims handling, legal coordination, dispute management, risk assessment, drafting, subcontractor agreement preparation, client communication, and contractual compliance.