Contract Specialist

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Written by AI from the job title and company, not by ORAU, so some details may not match this job. The employer's own page has the real description.

Job Overview

The Contract Specialist at ORAU plays a crucial role in the organization’s procurement and contracting processes. This position is responsible for managing and overseeing the lifecycle of contracts, including drafting, evaluating proposals, negotiating terms, and ensuring compliance with organizational policies and legal requirements. The ideal candidate will collaborate with various internal and external stakeholders to ensure that all contracts support ORAU's objectives while safeguarding company interests and maintaining regulatory compliance.

Job Responsibilities

• Draft, review, and negotiate various types of contracts and agreements to ensure compliance and mitigate risks.
• Conduct market research to inform contract negotiations and procurement strategies.
• Collaborate with internal stakeholders to identify contract needs, gather relevant documentation, and develop contract proposals.
• Monitor contract performance and compliance, ensuring all terms and conditions are met.
• Facilitate negotiations with vendors and suppliers, focusing on securing favorable terms.
• Prepare and maintain accurate records of contracts and related documentations for audits and reviews.
• Provide training and guidance on contract-related policies and procedures to staff as necessary.
• Stay updated on regulatory changes and industry standards impacting contracts and procurement practices.

Qualifications

• Bachelor’s degree in Business Administration, Law, or a related field.
• Minimum of 3-5 years of experience in contract management or procurement.
• Strong understanding of legal terminology, contract law, and procurement regulations.
• Exceptional negotiation and communication skills.
• Proficient in contract management software and Microsoft Office Suite.
• Attention to detail with strong analytical and problem-solving abilities.
• Ability to manage multiple projects and deadlines in a fast-paced environment.

Technologies & Tools

The Contract Specialist will utilize various technologies and tools to enhance contract management processes. Key software includes contract management systems for drafting and tracking contracts, as well as data analytics tools to assess vendor performance and compliance. Proficiency in Microsoft Office Suite, particularly Excel for budget analysis and PowerPoint for presentations, is also essential. Familiarity with e-procurement platforms may be advantageous.

Ideal Candidates

Ideal candidates for the Contract Specialist position will demonstrate a strong sense of integrity and an ethical approach to contract negotiations. They should possess excellent organizational skills, attention to detail, and the ability to work collaboratively within teams and independently. A proactive attitude towards problem-solving, adaptability to changing environments, and effective communication skills are essential traits that will contribute to success in this role at ORAU.