Contract Specialist
3 days ago
At Tentek, we are seeking a highly skilled Contract Analyst to join our Procurement team. As a Contract Analyst, you will play a critical role in ensuring the successful management of procurement contracts, from drafting and review to negotiation and compliance.
Key Responsibilities:- Contract Management: Prepare and manage procurement contracts, including drafting, review, and negotiation of vendor agreements, amendments, and other purchasing documentation.
- Communication: Provide timely and effective communication to stakeholders regarding contract status and progress.
- Policy and Compliance: Ensure adherence to contracts management policy and best practices, providing expertise and guidance to stakeholders as needed.
- Risk Management: Identify and mitigate risks associated with vendor engagements, ensuring compliance with SPE's Data Privacy and Information Security requirements.
- Negotiation and Interpretation: Negotiate business-specific legal terms and conditions, explaining them to stakeholders in a clear and concise manner.
- Support and Collaboration: Collaborate with internal departments, including Legal, Data Privacy Compliance, and Risk Management, to analyze contracts and develop language to minimize risk exposure.
- Administrative Tasks: Complete administrative tasks using Procurement tools and systems, including vendor onboarding and periodic User Acceptance Testing.
- Relationship Building: Build and maintain internal and external relationships, ensuring effective communication and collaboration.
- Experience: At least 2-3 years' experience in contract drafting, subscription management, and negotiation.
- Education: Paralegal Certificate or BS/BA preferred; JD's will be considered.
- Procurement Knowledge: General knowledge of or prior experience with technology (software, hardware, SaaS, AI) industry is a plus.
- Technical Skills: Strong working proficiency of MS Word, especially in redlining and comparing documents, and ability to manage and organize tasks using MS Excel and MS PowerPoint.
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