Contracts Administrator I

Contracts Administrator I

Job Title: Contracts Administrator I Job Location: Ft Worth, TX Job Duration: 12 Months

Job Description:

• Review the terms and conditions of requests for proposal and conduct the contract administration in accordance with company policies, legal requirements and pre-approved standards, and sales/marketing guidelines.
• Partner with other functions such as Legal, IT, Finance, Credit and/or Sales management to ensure proposed terms can be supported by the respective functional areas on new and amended agreements.
• Prepare amendments and/or letters of notification to existing contracts based on company needs.
• Initiate changes to standard contract templates when business requirements change, submitting the vital modifications to in-house Legal Counsel and maintaining the template library.
• Connect with all collaborators and business functions to explain the consequences and risks associated with certain contractual language modified by external parties as well as providing feedback on alternative language.
• Prepare and supervise client contract expiration reports and advise the Corporate Account sales team in order to trigger the renewal process.
• Act as subject matter expert for sales team on all sales programs available to customers, including sophisticated rebate and discount offers, as well as the respective contractual language reflecting such programs.
• Act as a point of contact for the Corporate Account sales team on pre-approved contract templates and utilization of certain in-house technical sales and/or marketing tools (Salesforce.com, DINER, Vistex and SAP) to prepare contracts and related amendments.
• Handle administration of contracts to ensure accuracy: rebates, discounts, admin fees, pricing and ensure appropriate level of approvals are collected prior to execution of contract.
• Perform in-depth analysis of account performance, evaluate error reports and monitor compliance.