Senior Contracts Analyst Job Description

Senior Contracts Analyst Job Description

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Senior contracts analyst provides day-to-day oversight and supervision of the preparation, execution, interpretation, and administration of contracts consistent with contract terms and conditions, Federal laws and regulations, and corporate policies and procedures.

Senior Contracts Analyst Duties & Responsibilities

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

Sample responsibilities for this position include:

Working closely with project teams to determine appropriate terms and conditions of contracts
Partner with Product, Claims, and Legal to compose, revise, and maintain proprietary contract language related to product development initiatives and regulations
Performing all financial analyses required for National Hospital contracts including the compilation of fee schedules, revenue projections, synergy analyses and “what-if” scenarios
Mapping client test codes to affiliate the company's billing systems and competitors’ test codes in responding to RFPs and performing financial analyses
Supporting the company’s GPO business through pricing and profitability analyses with emphasis on retaining profitable customers and gaining new ones
Developing utilization and membership corridors and integrating such corridors into contracts where applicable to protect the Company from downstream risk
Supporting the development of standard contract exclusions and pricing guidelines
Working closely with the Clinical Franchise department to insure that pricing guidelines for anatomic pathology and new test campaigns are considered in prospective contracts
Serving as a content expert to the business unit leadership regarding National and Regional Hospital contracts and pricing strategies
Interfacing directly with Operations leaders regarding the cost implications associated with new and existing National and Regional Hospital contracts

Senior Contracts Analyst Qualifications

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

Licensing or Certifications for Senior Contracts Analyst

List any licenses or certifications required by the position: CRA, FCPA, ISO

Education for Senior Contracts Analyst

Typically a job would require a certain level of education.

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

Skills for Senior Contracts Analyst

Desired skills for senior contracts analyst include:

Industry practices
Conditions
Policies governing assigned contracts
Regulations
Relevant laws
Terms
Acceptance
Customer specifications
DFAR
Government contracts field and will conduct the preparation

Desired experience for senior contracts analyst includes:

Developing methods to streamline the pricing review and authorization process for National and Regional Hospital contracts
Performing specific test campaign analyses to determine the prospective revenue and volume impact for key test initiatives
Supporting due diligence efforts by evaluating the National and Regional Hospital contracts
Contract development, contract approval coordination, contract file and database management, recurring and ad hoc reporting
Own and manage regular IT contract expiry and renewal meetings
Prepare analysis and research in areas such as financial and expense performance, rate of return, depreciation, working capital and investments, create and analyze monthly, quarterly and annual data to ensure financial information has been recorded accurately

Senior Contracts Analyst Examples

1

Senior Contracts Analyst Job Description

Job Description Example
Our growing company is hiring for a senior 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 senior contracts analyst
  • Consult with corporate sales directors, field sales directors and regional sales managers on the strategic intent and parameters of the available sales programs and guidelines
  • Support the sales organizations’ requirements in the development, coordination and on-going maintenance of the contract document requirements
  • Develop solutions to a variety of complex problems of diverse scope and complexity where analysis of data requires evaluation of identifiable factors
  • Work cross-functionally with legal, finance and marketing other BSC divisions to ensure effective workflow throughout the contract lifecycle and consistent process execution
  • Creating new contract requisitions for IT hardware or professional services
  • Review, creation and processing of new SOW-Statement of Work agreements
  • Invoice review and approvals for IT services
  • Financial reporting – generation and distribution of reports as needed
  • Contract change requests to either add services, dollars or extend the date of agreement
  • Familiarity with RFP-Request for Proposal processes and oversight
Qualifications for senior contracts analyst
  • Experience working with federal procurement contracts, especially FSS, DAPA, or ECAT strongly preferred
  • Experience in Medical Device, Medical Equipment, or Pharmaceuticals strongly preferred
  • Demonstrates ability to work in a cross-functional team environment
  • Must be well-organized, detail-oriented, and able to manage numerous projects and conflicting demands in a fast-paced environment
  • Ability to work independently or in team setting
  • Juris Doctorate or other advanced degree a plus
2

Senior Contracts Analyst Job Description

Job Description Example
Our company is hiring for a senior contracts analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for senior contracts analyst
  • Negotiate contract commercial terms, ensuring they meet requirements of internal stakeholders (i.e., risk, legal, project management, ) and company standards
  • Process new IT (network) hardware requisitions with approved vendors
  • Submission of new hardware quotes and invoice processing
  • Escalation of new hardware requests with vendors as needed
  • Assist in preparation of various monthly and ad-hoc reports and data requests
  • Participates in the annual C&I – Cloud & Infrastructure Engineering budgeting process and assist with submitting yearly spend contracts and approvals
  • Collect, consolidate and distribute monthly team accomplishments from all managers reporting to the IT Director-C&I Cloud Network Engineering
  • TEM-Telecom Expense Management
  • Once Business Development has received verbal win, Contracts Analyst coordinates a transition meeting with the proposal team to transition the project to the Contracts Group
  • Revises or develops the budget and scope of work, working with appropriate operations’ contacts to ensure the scope of work is defined correctly and the budget accurately reflects the scope
Qualifications for senior contracts analyst
  • Minimum 3+ years of general business, accounting, financial analysis, or data analysis experience required
  • Experience working with Contract Lifecycle Management tools
  • Full knowledge and understanding of Edwards policies, procedures and guidelines relevant to contract negotiation and administration
  • Advanced proficiency in Microsoft Office Suite, including Project, PowerPoint, Excel, and Word
  • Minimum 5 years of Accounting/Finance, Sales Operations, and/or Contract Management experience
  • Experience with Business Intelligence platforms, and exposure to Model N or other Contracting/Revenue Management systems preferred
3

Senior Contracts Analyst Job Description

Job Description Example
Our innovative and growing company is hiring for a senior contracts analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior contracts analyst
  • Ensure that contracts are filed electronically
  • Responsible for oversight and administration of GPO agreements
  • Monitors business through the analysis of key reports and actual customer results against contracts
  • Oversight for analysis and execution of price increases partnering with sales leadership
  • Prepare, review and oversee processing of customer contracts accurately and timely through the system
  • Provide information and direct assistance required to complete contract and grant closeouts, as needed
  • Review all sponsored project proposals for assigned faculty prior to them being forwarded to the Grants & Contracts Manager and ORA for signature
  • Revise or develop the contracts and related budgets and scope of work
  • Utilizes current policies and procedures and develops and implements new methods and procedures for financial tracking and contract analyses to increase efficiency or reduce expenses
  • Demonstrated proficiency in the use of Microsoft Excel, and Word
Qualifications for senior contracts analyst
  • Award contract administration for complex Naval and DoD software and hardware intensive systems
  • Award contracting procedures and policies
  • 5+ years of experience with cradle
  • Reimbursement, firm fixed price, incentive fee contracts, supply and service contracts, performance
  • 2 years’ experience in pharmaceutical/biotech industry
  • Familiarization with chargeback adjudication, rebate processing, membership and contract maintenance
4

Senior Contracts Analyst Job Description

Job Description Example
Our company is growing rapidly and is hiring for a senior contracts analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for senior contracts analyst
  • Coordinate multiple Product form and contract initiatives
  • Responsible for answering US Consumer Markets inquiries related to coverages, forms and contracts from the organization and provide recommendations
  • Partner with Product Filing team on form and contract filings for submission to regulatory authorities
  • Takes a proactive role in identifying process deficiencies and helps execute process improvement initiatives
  • Works in a team environment on ad hoc projects
  • Invest in the training and development of the Team
  • Promotes cross-departmental collaboration in order to meet business goals
  • Provide advice and decision-making guidance in the development of a provisional itinerary and the management of contracts with foreign promoters
  • Prepare various tour schedule scenarios based on information gathered and carry out comparative analyses
  • Identify and recommend potential markets for all tours
Qualifications for senior contracts analyst
  • Ability to research and respond to complex customer issues with reasoned judgment
  • Strong collaboration, communication and negotiating skills
  • Willingness to train and coach others
  • Minimum 5-10 years of experience working in public sector contracting or subcontracting
  • Bachelor's degree in Government, Public Policy, Finance, Economics, Accounting, or other related field
  • U.S. citizen and ability to obtain and maintain a U.S. Government security clearance
5

Senior Contracts Analyst Job Description

Job Description Example
Our company is looking for a senior 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 senior contracts analyst
  • Oversee the planning and execution of projects related to the upgrading of shows’ planning and scheduling systems
  • Work closely with the legal department to ensure contractual and legal obligations are met
  • Draft contracts, appendices, letters and any other documents pertaining to the legal and contractual aspects of the department’s activities
  • Do the final layout and assemble contracts while securing all approvals and authorizations required before they can be signed
  • Lead certain negotiations and maintain good business relations with our strategic partners
  • Works with sales and service teams the legal department to structure contracts
  • Act as a liaison between Legal Department, Supply Chain Management (“SCM”), Commercial Reps and/or Credit
  • Notify SCM/Commercial Reps of upcoming critical dates in the agreements
  • Review and process name changes and assignment documents
  • Update systems upon receipt of executed documents
Qualifications for senior contracts analyst
  • Award acquisition planning, source selection support, and post
  • Demonstrate persistent follow through and ability to juggle shifting priorities with ease
  • General knowledge of and experience with the Federal Acquisition Regulation (FAR) and agency FAR supplements
  • General knowledge of and experience with GSA schedule contracting
  • Subcontracting / teaming experience with small businesses and other firms is desirable
  • Experience with contract security clearance requirements and DD254s is desirable

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