Contract Specialist

1. Job Title: Contracts Specialist

Job Description:

·Principal Duties and Responsibilities:

o Manage full contract lifecycle from inception of an agreement through contract closure.

o Prepare and review contracts, including master agreements, statements of work, renewals, amendments, and other similar agreements.

o Negotiate legal terms with suppliers.

o Secure necessary approvals from internal stakeholders and subject matter experts.

o Update Contract Management System and maintain centralized file storage system.

·Minimum Qualifications:

o Bachelor's degree (or equivalent University-level degree) with focus in law, procurement, business, or a related field.

o 5+ years of professional experience in drafting, reviewing, redlining, and negotiating complex procurement contracts.

o 2+ years of professional experience working on strategic sourcing deals in a large indirect procurement organization dealing with multiple contract types (ranging from HR, professional services, software, marketing, finance, etc.).

·Preferred Qualifications:

o Good working knowledge of legal and business concepts and terminology, and the ability to assess legal and business risk when making decisions concerning contractual commitments;

o Must be able to meet strict and often challenging deadlines;

o Must be comfortable working as part of a multicultural team;

o Must have excellent knowledge of end-to-end supply management processes including competitive bidding, contract management, supplier performance management, and life-cycle costing processes;

o Must be capable of adhering to corporate policies and procedures;

o Working knowledge of a Contract Management System;

o Strong customer service skillsets, which include the ability to interact with executive level management and present information in a clear and concise format; and

o Experience working in a cross-functional business environment with a high level of coordination across multiple functions.