Contract Analyst Job Description
Contract Analyst Duties & Responsibilities
To write an effective contract analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included contract analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Contract Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Contract Analyst
List any licenses or certifications required by the position: IIBA, PMP, DAWIA, NCMA, PMI, II, SAP, CISA, GCIA, SANS
Education for Contract Analyst
Typically a job would require a certain level of education.
Employers hiring for the contract analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Business/Administration, Finance, Education, Accounting, Management, Healthcare, Economics, Legal, Law
Skills for Contract Analyst
Desired skills for contract analyst include:
Desired experience for contract analyst includes:
Contract Analyst Examples
Contract Analyst Job Description
- Prepare monthly billing/expenditure reports
- Work with Contract Manager to recognize and prepare budget modifications as necessary
- Work with Contract Manager to recognize and prepare journal vouchers as necessary
- Enter budgets and modifications into accounting software and utilize the system to prepare billing/expenditure reports, variance reports
- Support Program staff to properly manage contract spending and documentation
- Work closely with other team members (Analysts) under supervision of Contract Manager, other finance staff and other support departments to best support contract management
- Act as key contact to the sales force for the preparation, execution, and management of Leveraged Contracts
- Validate and qualify all contract requests performing 360 view of customer and taking into consideration existing contract portfolio
- Review all contract proposals submitted enforcing business policies on discounting, pricing, promotions and all related policy
- Perform cross checks and audits of all executed leveraged contracts
- An undergraduate or graduate degree in Business, Economics, Mathematics, Finance or another quantitative discipline
- Prior financial industry experience is preferred
- Ideally Big 4 2nd mover with Investment Management experience
- Bachelor's degree (preferably in Computer Science or a related field) or related work experience
- Ability to understand and use financial data, such as fractions, percentages, ratios, gross margin, net sales, , to make decisions and influence outcomes
- Inputting new contracts and amendments into Medea accurately and efficiently
Contract Analyst Job Description
- Identify, investigate, and resolve or provide recommendations to resolve contract issues
- Process quotes and contracts, create draft amendments, and verify RFP/RFQs are within the pricing and procedure guidelines and policies
- Maintain contract portfolio through various stages of the contract life-cycle
- Manage contract compliance and report any non-compliance to the appropriate person
- If applicable, process complex rebates with monitoring of abnormal patterns
- Analyze performance of rebate offerings against anticipated performance
- Ensure all final executed documents are in place
- Tracks follow-up on receipt of all dealer contracts paid by draft
- Matches contracts to Application Processing System (APS) and verifies terms and conditions have been submitted as approved
- Reviews contracts and credit applications for completeness, proper signature, accuracy and compliance with Truth-In-Lending and Equal Credit Opportunity Acts
- Experience with Intacct and Salesforce a plus, other billing tools also acceptable
- Healthcare Operations -- General knowledge of healthcare operations and medical device industry issues
- Communication -- Ability to communicate clearly and effectively
- Organizational -- Possesses good organizational and task oriented capabilities
- Leadership – Ability to assist individuals and groups toward desired outcome and maintains confidentiality
- At least 3-4 years progressive, preferable in healthcare
Contract Analyst Job Description
- Administer the commercial Contract Membership process of the GPO (National & Regional) agreements for consumable products across all US Region’s BUs and products, and capital products on National/Regional GPO agreements (currently excl
- Resolve chargeback errors for contract membership and central membership specific error types in accordance with OLA’s and SLA’s utilizing advanced technical skills to assist in analyzing outstanding chargeback disputes
- Perform customer/GPO member management to include Central Membership eligibility auditing and maintenance via GPO rosters and adjoining activities (roster adds, changes, and deletes)
- Organize and respond to Letter of Commitment (LOC) and Letter of Delegation (LOD) requests per GPO clients in order to ensure appropriate eligibility to GPO contracts based on business strategy and contractual obligations
- Monitor and coordinate appropriate customer slotting to contract tiers through collaboration with Field Sales, GPO partners, Business Integrators, and Commercial Operations
- Ensure pricing connections are communicated and verified with customers, Contract Execution and Distributor Operations
- Manage all GPO migrations/transitions based on policy and customer designation
- Ownership and maintenance of the Contract Membership (Z004/Z007) Trade Orgs in Vistex to ensure appropriate contract activities and customers are aligned
- Maintain the GPO Partner Cross-Reference Table
- Support and propose continuous process/system improvement initiatives across the Commercial Contract Operations teams while playing an active role on workstream teams and projects
- Bachelor's degree preferred, or equivalent business/operations experience
- 1-3 years of relevant contract review and negotiation or administration experience
- Knowledge of contract structure and negotiation principles
- Staffing industry experience a plus
- 3 or more years of experience in Collections, Contract Management/Leasing, Commercial Real Estate, Business, Finance, Accounting, Property Management, Railroad Operations
- 5 or more years of experience required in Collections, Contract Management/Leasing, Commercial Real Estate, Business, Finance, Accounting, Property Management, Railroad Operations
Contract Analyst Job Description
- Participate and take notes in regional /global meetings in regards to pitches, due diligences
- Daily functions include, but not limited to, preparing agreements, revising agreements, reviewing agreements for accuracy, loading agreements into the electronic contract system, tracking agreements through the approval process, and working closely with the Regional Directors to insure a quality contracting service to the facilities
- Provide leadership mentor other contract analysts in the group regarding standard agreements and system procedures
- Achieving internal OLA’s for designated work
- Supporting the Business Unit in achieving bookings, revenue and EBITDA targets
- Contribution to Customer NPS scores (satisfaction scores)
- Develop and organize repository of Low Emissions/Zero Emissions Renewable Energy Credit (LREC/ZREC) and Solar Home Renewable Energy Credit (SHREC) program contract information for long-term department use
- Assist in development of a streamlined process for the quarterly payment of generators with LREC/ZREC contracts
- Provide support for Applicant Processing business such as customer account analyses, unapplied cash, reporting, process improvement
- Act as business advisor in area of contract review and revenue recognition
- Advanced Microsoft Office skills, specifically Outlook, PowerPoint, Word and Excel
- BA/BS degree in Business Administration, Healthcare Administration, Mathematics, or other related field required OR equivalent Healthcare Revenue Cycle experience required
- Bachelor's Degree (Associates is acceptable with prior work experience)
- Support Business Controllers in managing the business in APAC region
- Ensure correct payment of commissions to external parties through accurate calculation, liaison and verification with Sales and Marketing
- Initiatebilling of services to customers
Contract Analyst Job Description
- Support line of business in ensuring training is conducted, tracked and reported
- Coordinate implementation of other compliance plan initiatives and day-to-day compliance activities including but not limited to directing and answering compliance questions
- Responsible for verifying, reconciling, and analyzing monthly prices and individual commercial transaction terms and conditions
- Review and approve expense-related information in financial statements and fund prospectuses
- Interface with funds’ Auditors to resolve audit questions and ensure accurate financial statements
- Prepare information required by the Funds’ Boards of Directors / Trustees ensuring complete accuracy of financial information, written content and presentation
- Review every month-propose any relevant changes for the fund reporting period
- Review Financial statements of funds- front to back reviewing statements related to expenses
- Interface with Fund Auditors regarding the annual review and answer their question
- Assesses impact and manages issues related to major new business/product initiatives client mergers and consolidations
- Completed undergraduate university degree in Finance, Accounting, Business Managent
- Completed or progressing towards CGA, CMA, CA professional accounting designation preferred
- Experience in compensation, including managing compensation projects (such as benchmarking studies/competitive analysis and modeling)
- Available to work 20 hrs a week
- Experience with Access, SQL, advanced Excel
- Prior relevant clinical research industry experience is desirable as is prior relevant experience in proposal development or contract management