Contract Manager

3 days ago

Richardson, Texas, United States Dynamic Access LLC Full time
Job Overview

Dynamic Access LLC is seeking a skilled Contract Specialist to oversee and manage contractual agreements between our organization and its vendors, clients, or partners. This role involves ensuring that contracts are drafted, negotiated, and executed efficiently and effectively, while minimizing risks and maximizing operational value.

Key Responsibilities:

  1. Contract Drafting and Review: Prepare, review, and analyze contracts to ensure compliance with company policies, legal requirements, and industry standards. Define Master Services Agreements (MSAs) and build transition plans to convert acquired and existing contracts to MSAs.
  2. Negotiation: Participate in contract negotiations with external parties to secure favorable terms and conditions that mitigate risks and align with organizational objectives.
  3. Contract Administration: Manage contract lifecycle activities from initiation to close-out, including amendments, extensions, and renewals. Identify contractual challenges/deviations and propose mitigation strategies to protect the organization's interests.
  4. Risk Management: Identify potential contractual risks and propose mitigation strategies to protect the organization's interests.
  5. Compliance: Ensure contracts adhere to regulatory requirements and internal policies, collaborating with legal and compliance teams as necessary.
  6. Relationship Management: Build and maintain relationships with stakeholders, including vendors, clients, and internal departments, to facilitate effective contract management and resolution of issues.
  7. Performance Monitoring: Monitor contract performance against agreed-upon metrics and milestones, addressing deviations and implementing corrective actions as needed.
  8. Documentation and Reporting: Maintain accurate contract records and documentation, preparing reports and summaries for management review and audits.

Requirements:

  • Bachelor's degree in Business Administration, Law, Finance, or related field (a Master's degree or certification in Contract Management may be preferred).
  • Proven experience as a Contract Specialist or in a similar role, with a solid understanding of contract law and negotiations; minimum 3 years of experience.
  • Strong analytical and problem-solving skills, with the ability to assess risks and recommend appropriate actions.
  • Excellent communication and interpersonal skills, capable of building relationships and influencing stakeholders.
  • Attention to detail and organizational skills, with the ability to manage multiple contracts simultaneously.
  • Proficiency in contract management software and Microsoft Office Suite.
  • Experience with SalesForce.
  • Familiarity with Sage Intacct a plus.
  • Health care services experience a plus.
  • Advanced Excel skills.

Working Conditions:

  • Typical office environment with regular hours, though some flexibility may be required during peak periods or for urgent contract negotiations.

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