Contract Analyst

Duties and Responsibilities

• Engage relevant stakeholders to define, clarify, and refine specifications and scopes of work.
• Meet regularly with suppliers and stakeholders to identify opportunities for creating additional value in existing contracts.
• Address past vendor performance concerns by proactively enhancing Service Level Agreement commitments.
• Analyze historical spend data to develop forecasts and identify expected trends.
• Mitigate risk by incorporating contractual protections based on market and industry trends, as well as vendor insights.
• Negotiate and draft contract renewals, amendments, addendums, terminations, and rebates.
• Lead contract redlining processes in collaboration with stakeholders and legal partners.
• Provide business recommendations based on the optimal value generated during contract renewal review and negotiations.
• Manage multiple concurrent project timelines and eliminate barriers to prevent derailments.
• Present complex information in a concise and easily understandable manner to diverse audiences.

Preferred Work Experience & Education

• Bachelor's degree from a four-year university or equivalent.
• Experience in contract management, procurement, or supply chain management.
• Previous involvement in contract legal review processes.
• Proficiency in Microsoft Office, particularly Word and PowerPoint.
• Knowledge of contract terminology and best practices.
• Experience in reviewing, managing, and interpreting large or complex data sets.
• Exposure to handling multiple concurrent contract negotiations.
• Proven ability to build impactful relationships with internal and external business partners.

Success Criteria

• Approachability – Essential for customer-facing role and vendor point of contact.
• Communication – Crucial for relaying information to various audiences, including business units, leadership teams, vendor representatives, and legal teams.
• Dealing with Ambiguity – Ability to navigate uncertainty and define unknowns effectively.
• Patience – Essential for fostering productive, sustainable interactions over several years.
• Perseverance – Demonstrated resilience and professionalism in overcoming challenges.
• Problem Solving – Ability to assess problems holistically and develop creative solutions, even when immediate answers are unclear.