Contract Administrator
Inotiv · Greater Indianapolis · 1 wk ago
ManagementFull-time
About the Role
Inotiv is a growing contemporary drug discovery and development company where we “Play to Win” in an industry rich with opportunity. Together, we face challenges and deliver world-class drug discovery and development solutions that impact the health and well-being of people all over the world.
Responsibilities
- Coordinate execution of commercial agreements (NDAs, CDAs, Master Service Agreements, etc.)
- Analyze potential risks associated with contract terms and identify mitigation strategies
- Monitor ongoing contracts to ensure compliance with terms, track performance metrics, and address any contractual issues or disputes
- Work proactively to renew or amend contracts as needed
- Act as a primary point of contact for the contracting team with clients and internal stakeholders
- Partner closely with Legal, Business Development, Risk, Operations, and Finance for complex contract escalations as required
- Maintain a comprehensive contract repository, including contract documents, amendments, and relevant details pertaining to service lines
Requirements
- BS with more than 5 years of experience in a contracts administrator role, including reviewing NDAs, CDAs, Master Services Agreements, and RFIs
- OR JD with 2-5 years of experience in a contracts administrator role, including reviewing NDAs, CDAs, Master Services Agreements, and RFIs (preferred)
- Experience in a life sciences industry preferred
Skills
- Analytical thinker with the ability to understand problems, determine root cause, and recommend appropriate solutions
- Excellent verbal and written communication skills; must be able to relate complex concepts in a concise and easy-to-understand manner
- Ability to prioritize and handle multiple projects, often under tight time constraints
- Effectively work with peers, leadership, and stakeholders in a productive collaborative environment
- Ability to understand and comply with confidentiality and privacy rules and protect company property and confidential information
- Ability to read and interpret materials, verbally communicate, and hear as required
Critical Success Factors
- Customer Focus - Identifies, prioritizes, and anticipates customer needs and delivers relevant, value-add solutions to meet and exceed them.
- Results Driven - Internal drive toward action to efficiently, timely, and accurately achieve results. Sets high but achievable standards for self and others. Seeks opportunities to improve process and outcomes. Constantly reviews performance to identify areas to develop.
- Efficient - Takes responsibility for own time and effectiveness. Identifies what needs to be done and does it before being asked or before the situation requires it. Able to work things out without having to be shown too often. Seeks opportunities to contribute appropriately without direction.
- Communication - Able to communicate information and ideas clearly and articulately both in oral and written form. Uses appropriate language, style, and methods depending on audience and the purpose of communication. Able to convey complex information clearly. Anticipates the information that others will need. Expresses ideas effectively. Practices attentive and active listening.
- Collaboration - Actively supports and contributes to the success of the team. Actively encourages and practices collaboration and cooperation on the team. Shares information and supports other team members. Can get things done with and through others and set realistic objectives. Seeks opportunities to develop others.
- Relationship Builder - Develops, maintains, and strengthens strong partnerships with others internally and externally, cross-functionally, in person and remotely.
- Organization and Time Management - Plans and prioritizes work, manages time appropriately to meet deadlines, follows up with others to ensure one’s own work and commitments are completed on time, deals with pressure and deadlines through good planning.
Benefits
- Health and dental coverage
- Short- and long-term disability
- Paid time off
- Paid parental leave
- 401K