Contracts Administrator

Full Time
Rockville, MD 20850
Posted
Job description

POSITION SUMMARY:

Experienced contract administrator responsible for preparing, analyzing, negotiating, revising, and monitoring contracts, including for purchase and sale of goods and services and confidentiality, working both independently and in coordination with department transactional attorneys.


DUTIES AND RESPONSIBILITIES:

  • Review, prepare and negotiate drafts, amendments, revisions and redlines of customer, vendor, and operational agreements including, but not limited to, purchase terms and conditions, vendor questionnaires and forms, non-disclosure, bailment, material transfer, and license transfer agreements;
  • Receive and respond to various internal and external inquiries including, but not limited to, contractual requirements and status of contracts in negotiation;
  • Prepare and disseminate contract status reports and provide updates to internal and external stakeholders;
  • Organize and lead contract status meetings with various departments;
  • Interpret contract provisions and convey contractual rights and obligations to business units;
  • Provide guidance and direction to customer service and project managers and peers using established policies and best practices;
  • Track contract compliance requirements and communicate upcoming termination or financial and performance deadlines to key personnel;
  • Develop, implement and optimize contract management tools, templates, processes and procedures;
  • Support contract policy and procedure revision and improvement;
  • Manage and maintain company contracts and similar document templates;
  • Create and update agreement tracking logs to include contract renewal/termination and summaries;
  • Review invoices for accuracy and compliance with associated contract terms for authorization of payment;
  • Support the development of company policies and procedures;
  • Provide audit support to finance department, as needed; and
  • Perform special projects, as assigned.

EXPERIENCE AND QUALIFICATIONS:

  • Bachelor’s degree required
  • At least five years of progressively responsible work experience administering and negotiating contracts of various types

KNOWLEDGE, SKILLS AND ABILITIES:

  • Demonstrated ability to draft and negotiate contracts
  • Effectively communicate issues/problems and results that impact timelines, accuracy and status of contracts/agreements
  • Strong interpersonal skills and ability to work with a variety of business people
  • Strong business acumen; capacity to learn the business rapidly and become a business partner
  • Excellent oral, written communication and interpersonal skills
  • Excellent spelling, grammar, editing and proofreading skills
  • Attention to detail, strong organization skills and ability to manage multiple priorities
  • Display a high degree of integrity, personal judgment and confidentiality
  • Excellent judgment; professional demeanor; and use of discretion
  • High level of proficiency in Microsoft Office, including Word, Excel, Access, PowerPoint, and Outlook , SharePoint and Adobe Acrobat

PHYSICAL DEMANDS:

This position requires the ability to communicate and exchange information, utilize equipment

necessary to perform the job, and move about the office.


WORK ENVIRONMENT:

This position is performed in a traditional office environment

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