Contracts Analyst Job Description

Contracts Analyst Job Description

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Contracts analyst provides expertise to faculty in interpreting award terms and conditions and maintaining best financial practices to assure compliance with sponsor requirements, university policies and procedures, and relevant laws and regulations.

Contracts Analyst Duties & Responsibilities

To write an effective contracts analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included contracts analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Review contracts terms and conditions of newly-executed and contract amendments
30% - Research federal and state regulations, statutes or codes
Work with Account Manager/Account Director or Services personnel to understand the business quotes/contracts and any special or non-standard business terms needing to be included in the contractual documents any escalation as required
Read and understand complex agreements and accurately set them up in the billing/accounting system
Identify agreement issues and effectively communicate and resolve these issues with the Manager and the billing team
Develop an expert level understanding of the billing system functionality
Understand and operate to 100% compliance with established Sarbanes Oxley (SOX) operating controls
Providing sales force management and other functional departments with account history, pricing questions/discrepancies, contracting process/status
Gathering and analyzing pricing requests for discounted or national contracts
Creating "future" pricing for proposal process

Contracts Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Contracts Analyst

List any licenses or certifications required by the position: CPIM, CIRM, CPM, II, DAWIA, PB, ISO, HB, FAC-C, IAITAM

Education for Contracts Analyst

Typically a job would require a certain level of education.

Employers hiring for the contracts analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Education, Business, Finance, Business/Management, Paralegal, Law, Business/Administration, Accounting, Graduate, Life Science

Skills for Contracts Analyst

Desired skills for contracts analyst include:

Accounting and budgeting theory and practices
External Federal guidelines/procedures for grants and contracts
Industry practices
DFAR
Conditions
Policies governing assigned contracts
Regulations
Relevant laws
Terms
TINA and CAS

Desired experience for contracts analyst includes:

Ability to work with cross country teams
Analytical thinker with proficient use of MS Excel - large spreadsheets, formulas (IF, VLOOKUP, ROUND etc), formatting, customized filters Understanding of data integrity
Prioritization, organization and meticulous attention to detail are a must
Experience of working in an international environment, preferably in the television media industry
Developing financial reports/models to support contract negotiations
Creating, tracking and monitoring proposals and contracts

Contracts Analyst Examples

1

Contracts Analyst Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of contracts analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for contracts analyst
  • Creating maintain generate distribute monthly/quarterly reports
  • Providing pricing database for new product additions to National Contracts
  • Fulfilling sales reporting requirements to accounts
  • Ad-hoc reporting/special projects as requested
  • Complete monthly and Ad hoc reporting of performance for numerous customer-related contracts
  • Create and use data extraction tools linked to the enterprise system for all aspects of performance reporting
  • Investigate and implement new processes and tools to improve performance against the various KPI
  • Communicate with and educate Branch and Materials Management personnel on areas of improvement
  • Provide sales support and Account Manager support through report creation, data interrogation and interpretation
  • Collect and analyze data utilizing systems and databases
Qualifications for contracts analyst
  • Support U.S. field locations and National Accounts in processing and maintaining pricing contracts
  • Coordinate and process Group Purchasing Organization-related functions
  • Verify pricing accuracy between executed agreement and Oracle system
  • Assist in updating all material relating to the Contracts and Pricing website, including Quick Quotes and GPO membership list
  • Assist local field locations to resolve pricing discrepancies and upload pricing into ERP system
  • Calculate and process monthly and quarterly rebate reports
2

Contracts Analyst Job Description

Job Description Example
Our company is looking to fill the role of contracts analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for contracts analyst
  • Provide Global Transaction Management
  • Provide day-to-day support on policy and related processes
  • Open Payments Monitoring support and Open Payments reporting determinations supporting documentation
  • Monitor program activities
  • Assist business with related function procedures
  • Maintain / file all appropriate documents produced by business in accordance with procedures in applicable database(s)
  • Assist in the maintenance of appropriate template documents and agreements in SharePoint or other databases
  • Collect and analyze data utilizing Stryker's systems and databases (including Oracle)
  • Organize, monitor and track contracts, releases and assignment orders
  • Provide contract administration for assigned proposals and contracts including customer interface
Qualifications for contracts analyst
  • Minimum of 8 years experience in a corporate or law firm setting working on contracts or transactions, preferably reviewing, editing and drafting a variety of agreements
  • High level of proficiency with MS Word, including redlining features
  • Experience with contracts lifecycle management software preferred
  • Proficient at PC office software such as Excel, Word, PowerPoint
  • Complete understanding and wide application of principles, concepts, practices, and standards in contract administration
  • Administer company policies that directly affect employees
3

Contracts Analyst Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of contracts analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for contracts analyst
  • 20% - Interface with internal customers including program teams, functional areas, Finance and Accounting to provide contract analysis on a wide variety of contracts, including highly complex, high value and non-routine agreements
  • Develop contracts in support of software and services proposals or transactions
  • Provide creative solutions to address client needs and expectations during negotiation while protecting Company rules and objectives
  • Work with Account Manager/Account Director or Services personnel to understand the business quotes/contracts
  • Manage the review and approval process of products and services contracts
  • Conduct transaction risk assessment and transaction approval process on assigned proposals or transactions
  • Conduct financial analysis of proposals and transactions
  • Submit accurate revenue booking packages to Sales Accounting or Services Accounting
  • Promote compliance with pricing and revenue recognition procedures
  • Ensure highest professional quality of contracts
Qualifications for contracts analyst
  • Are passionate about learning and fighting for the team win
  • Might even be thinking of going to law school, and are wondering what a legal career can be all about!
  • Excellent knowledge of Microsoft Word, Excel, Lotus Notes/Outlook, and Sharepoint
  • Bachelor’s degree or progressive work experience
  • Ability to gather information and recommend solutions
  • Process improvement skills, including the ability to evaluate procedures and recommend improvements
4

Contracts Analyst Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of contracts analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for contracts analyst
  • Leads process improvements within the contracts organization as it relates to specification reviews and change management protocols
  • Provides guidance and data as requested to the Division Contracts Director, Manager, Contracts Management, and Plant personnel on Customer Specifications, Change Management Processes & Procedures, and applicable Shop Floor related matters for Key FED Customers \(Top 5\)
  • Follows and administers the FED Conveyance Specification and Change Management procedures, and concurrently addresses individual customer and shop floor communication requests
  • Administers Shop Floor Instruction \(SFI\) creation, review, updates/modifications based on Customer specification, contract reviews and internal requests
  • Updates required product details/information within the internal databases, tools and systems as assigned
  • Request quotes from FED pricing department on Change Requests and/or submits Change quotes to customers per FED processes and procedures
  • Assists with reviews and challenges contested invoices from Customers as assigned
  • Tracks, challenges and reports on internal and external key and strategic metrics as related to Change and Specification Management or as assigned
  • Manage/mitigate customer claims, disputes and contested invoices as assigned
  • Drives savings initiatives and goal attainment in line with profit plan and overall business objectives for assigned work scope
Qualifications for contracts analyst
  • Excellent time management skills, including the ability to bring a project to completion
  • Undergraduate degree and 4-6 years relevant experience or Graduate degree in Law and 2-3 years relevant experience
  • Experience in Supply contracts, contracts drafting and contract workflow process
  • Knowledge of standard Procurement Systems, Tools and Processes (e
  • Evidence that valued contracting results were delivered to the business
  • Leads and reports on assigned departmental goals/metrics as assigned by Conveyance Manager, Contracts Management
5

Contracts Analyst Job Description

Job Description Example
Our innovative and growing company is looking for a contracts analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for contracts analyst
  • Manage all the needed commercial and shop floor processing/approval activities derived from Large Change Assertions which are requested by customers, on legacy contracts, to insure quick and thorough implementation inside the organization as assigned
  • Completes other duties and manages small projects as assigned
  • Drafting, advising on and negotiating other contracts as may be required to support the activities of the business from time to time (for example, sponsorship agreements, technology transfer agreements, reagent rental agreements )
  • Attending District forecast calls, and other relevant District meetings as requested and approved by the Sr
  • Overseeing the contract/deal/signature approval process
  • Processes and maintains standard and non-standard natural gas pipeline construction and operations service contracts and agreements
  • Review, interpret and accurately describe modifications to standard and non-standard natural gas pipeline construction and operations services contracts
  • Provides support and assists Operational and Legal personnel with regard to service contracts matters
  • Interfaces with all levels of management to coordinate service contract approvals, resolve problems and assure proper contractual analysis and administration of service contracts
  • Coordinates contractor contract routing
Qualifications for contracts analyst
  • Strong communication skills at all levels of the organization \(both written and oral\)
  • Minimum of four years of related experience in contracts administration (one year with Master’s Degree)
  • Participate in deal negotiation as required
  • Advise Sales of the business objectives and optimized financial outcomes of proposals or transactions
  • Approve deals and transactions assessed as low or medium risk
  • Typically has a geographic focus of Country

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