Contract Analyst

2 weeks ago

Culver City, United States Tentek Full time

Contract Analyst (Procurement)
Roles/Responsibilities:
• Prepare low to high-risk procurement contract transactions, including drafting, review, redline, and management of vendor agreements, amendments and other purchasing documentation for procurement related activities.
• Prepare and disseminate information to SPE clients and stakeholders regarding contract and deal status.
• Provide expertise in contracts management policy and best practices for contracts, negotiation, and compliance processes.
• Review vendor engagements in conjunction with SPE's Data Privacy and Information Security requirements to identify terms and conditions that present risk to SPE clients in a clear, concise manner.
• Understand and negotiate business specific legal terms and conditions and explain them to SPE clients in an easy-to-understand manner.
• Help answer questions from clients about interpretation of terms and conditions of contracts and advise SPE clients on Procurement's policies surrounding the contract process and compliance requirements.
• Interact with Legal, Data Privacy Compliance, Risk Management, and other internal departments to analyze contracts and develop language to minimize risk exposure where needed.
• Support the development and preparation of bid documents, including contract terms and conditions and requirements related to special procurement and contract needs.
• Support and assist with the development of Request for Proposals (RFPs) and bid responses in relation to contract terms and conditions.
• Complete administrative tasks using Procurement tools and systems.
• Assist in obtaining Vendor onboarding information and participate in periodic User Acceptance Testing.
• Review and approve purchase orders to ensure compliancy with Corporate policies.
• Build and maintain internal and external relationships.
• Ability to interact with all levels of management.
• Able to adapt to a changing work environment and be flexible in approach.

Preferred Qualifications
• At least 2-3 years' experience with contract drafting, subscription management and negotiation
• Paralegal Certificate or BS/BA preferred; JD's will be considered
• Awareness of general Procurement/Sourcing process for purchase of goods/services
• General knowledge of or prior experience with technology (software, hardware, SaaS, AI) industry is a plus
• Understanding of the general role of procurement
• Strong working proficiency of MS Word, especially in redlining and comparing documents
• Comfort with using MS Excel and MS PowerPoint to compile and present data from procurement activities
• Ability to manage and organize a variety of tasks, evaluate alternatives quickly, meet deadlines, provide meaningful and prudent assistance, and support to SPE clients will be more heavily valued
• Working knowledge of the following applications (or similar) is a plus: Ariba, MS Outlook, Adobe Professional, electronic signing, Sirion Labs (or other CLM), SharePoint, MS PowerPoint, MS Outlook
• Fluency in English required;

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