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Contract Administrator

2 months ago

Albuquerque, New Mexico, United States SUMMIT Electric Supply Full time

Job Summary:

Summit Electric Supply is seeking a highly organized and detail-oriented Contract Administrator to join our team. As a Contract Administrator, you will play a critical role in managing our contracts with customers, product vendors, and expense vendors.

Key Responsibilities:

  • Contract Review and Management: Perform initial review of Summit purchase, sale, and vendor contracts with the supervision of the Manager of Contracts Administration and Director of Legal & Regulatory Compliance.
  • Contract Database Management: Create and maintain a database to maintain Summit's executed contracts.
  • Contract Abstracts: Draft contract abstracts for common use by Summit sales, risk management, and procurement staff.
  • Contract Coordination: Coordinate with legal staff, other Summit staff, and/or outside parties to process final approved contracts for execution.

Qualifications and Experience:

  • Essential Qualifications and Experience:
    • Able to handle a high volume of very detailed work, including tasks provided below and expanding skills through self or group training to acquire ability to use relevant tools and functions (e.g. word track changes, document compare and like advanced functions) and conduct review of contract terms and conditions.
    • Highly organized and focused on work flow.
    • Willing and able to understand and analyze significant legal and business concepts included in contract documents.
    • Capable of working with deadline pressures.
    • Able to create and manage processes to review, comment, communicate, and access contractual terms.
    • Able to create contract abstracts from terms and conditions.
    • Exercise initiative to work productively with general supervision and direction.
    • Able to work effectively with others, including executives, service center leadership, Associate Services, Procurement, and Finance departments.
    • Bachelor's degree or commiserate experience with administrative and organizational ability required. High degree of organizational skills, computer skills, and written communication skills required.
  • Beneficial Skills and Experience:
    • Experience with Summit systems, work flow, and sales processes is preferred.
    • Experience creating, configuring, accessing, and managing databases is beneficial.
    • Prior experience in legal field or with legal concepts, such as experience as a contract specialist, legal assistant, or paralegal, is beneficial.
    • Knowledge of commercial insurance coverages is beneficial.
    • Prior wholesale or distribution sales or commercial experience is beneficial.
    • Good verbal communication skills beneficial.

Additional Information:

Summit Electric Supply is an equal opportunity employer. We are committed to diversity and inclusivity in all stages of employment including recruitment, hiring, promotions, transfers, discipline, terminations, wage and salary administration, benefits, and training. We assess candidates based on skill, experience, and alignment with Summit's mission and vision, regardless of race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, pregnancy, age and veteran or disability status.