Senior Contract Specialist
3 weeks ago
Babcock Power is an Equal Opportunity Employer (M/F/D/V).
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Company:Babcock Power Services Location:Marlborough, MA Job Type:Legal Position Summary: Join a talented team of engineering professionals at Babcock Power. Babcock Power is the leading supplier of technology, equipment and engineering services, to the power generation industry. We are an industry leader with both domestic and international customers. Under the supervision and direction of the Business Unit General Counsel, the Senior Contract Specialist serves as a member of the Legal Department, with substantial involvement with the company's customers and business managers. The job responsibilities of this position include, without limitation, assisting with the review, negotiation, and drafting of contracts to ensure adequate protection and assurance that contracts are reasonable and in compliance with corporate risk standards, coordination of insurance and licensing matters, review and coordination of letters of credit and bank guarantees, and performing administrative and other job duties to support the Legal Department.
Benefits
* Collaborative Team Environment
* Competitive Pay
* Tuition Reimbursement
* Medical, Dental, and Vision Benefits Upon Hire
* 401k with 4% Company Match
* Life Insurance
* Paid Holidays
* Paid Vacation and Sick Time
Essential Responsibilities:
* Review, negotiate, and draft terms and conditions for customer agreements to identify non-standard terms/conditions, flag risks and edit when required for compliance with internal risk control guidelines, with attorney support as required.
* Understand and apply legal principles for various forms of agreements and document preparation, with attorney support as required.
* Review commercial purchase orders and other various contract documents including change orders.
* Administer the contract approval process and coordinate with cross-functional team members (e.g., risk management, attorneys, sales, project managers, finance, and procurement) to ensure terms and conditions reflect corporate standards and practices.
* Review, negotiate and coordinate requests for letters of credit and bank guarantees with financial institutions, business unit finance department and other company personnel.
* Assist with state and local contractor licensing applications and renewals, including research of applicable laws and regulations.
* Perform export control and sanctions due diligence and coordinate efforts with counsel as directed.
* Coordinate insurance matters with Corporate Risk Manager including claims, certificates of insurance, and annual insurance renewals.
* Provide contract administration support including status tracking, maintaining internal contract management system and records.
Job Requirements / Skills, Knowledge and Abilities:
* Bachelor's degree or higher.
* Minimum of 3+ years of experience in contract administration involving legal issues and negotiation.
* Extensive knowledge and understanding of various commercial terms and conditions, including legal and commercial implications.
* The ideal candidate will possess experience in the power generation industry and/or a working knowledge of power generation industry, manufacturing and construction industry practices and legal standards.
* Able to effectively prioritize tasks and deadlines while maintaining superior attention to detail and quality.
* Able to communicate effectively by written and verbal means.
* Able to work well independently and effectively in a group setting.
* Strong interpersonal attributes/skills, including high ethical standards, strong organizational and communication skills, and work cooperatively with others.
* Be proactive and take ownership of job responsibilities.
* Proficient in Microsoft Word, SharePoint, and Excel applications. Contract database/management software experience a plus.
The base pay range for this Sr. Contract Specialist role is $90,000 to $110,000 annually.
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