Contract Management Associate

16 hours ago


Silver Spring, Maryland, United States 1st Choice, LLC Full time
Job Title: Contract Management Associate

Salary Range: $70,000 - $90,000 per year

About the Role:

We are seeking an experienced Contract Management Associate to join our team. The successful candidate will be responsible for maintaining organized electronic binders, participating in contract kickoff and closeout process, and tracking and managing contract budgets.

This role involves working closely with various teams to assist in contract negotiations, invoice processing, and ensuring legal requirements are met. The ideal candidate will have excellent communication and organizational skills, with the ability to prioritize multiple tasks and meet deadlines.

Key Responsibilities:
  • Maintain organized electronic binders by creating, organizing, and archiving as needed
  • Participate in contract kickoff and closeout process
  • Assist in the preparation, transmission, and monitoring of correspondence as it relates to renewals and extensions
  • Track and manage contract budgets
  • Build positive relationships with clients, subcontractors, and internal stakeholders related to renewals and extensions
  • Escalate and recommend contract modifications as needed to Account Executives
Requirements:
  • A.A. Degree in Finance, Accounting or Business Administration is preferred
  • At minimum 2 years' work experience in Accounts Receivable, Accounts Payable, and Payroll
  • Solid understanding of basic accounting principles, fair credit practices, and collections regulations
  • Hands-on experience in operating QuickBooks
  • Basic to Advanced Excel skills
  • Customer service orientation and negotiation skills
  • High degree of accuracy and attention to detail


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