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University of Rochester

Contract Analyst II

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What they do

A Contracts Analyst reviews business contracts for a company or organization. Reviews proposed contract terms and conditions, communicates with management about contract obligations, and communicates and negotiates with clients. Prepares contract cost estimates and reviews proposals for contract changes. Confirms that contract terms have been met before a contract is closed out.

$81,532 / year median in California

-5% projected decline

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Job Description

As a community, the University of Rochester is defined by a deep commitment to Meliora - Ever Better. Embedded in that ideal are the values we share: equity, leadership, integrity, openness, respect, and accountability. Together, we will set the highest standards for how we treat each other to ensure our community is welcoming to all and is a place where all can thrive. Job Location (Full Address): 910 Genesee St, Ste 200, Rochester, New York, United States of America, 14611
Opening:
Worker Subtype:
Regular Time Type:
Full time
Scheduled Weekly Hours:
40
Department:
100100
Purchasing Work Shift:
UR - Day (United States of America)
Range:
UR URG 110
Compensation Range:
$61,000.00 - $85,400.00 The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.
Responsibilities:
Participates in the development and fulfillment of contract requirements in the purchase or sale/delivery of equipment, materials, products, or services. Evaluates contract compliance and advises others on contractual rights and obligations. Requests amendments to contract terms or contract extensions. Participates in bids or requests for proposals (RFPs), including specifications and requirements. Assists with negotiating contract terms and participates in the determination of acceptable bids.
ESSENTIAL FUNCTIONS
Works alongside procurement to assist with developing statements of work (SOWs), requests for information (RFIs), requests for quotations (RFQs), and requests for proposals (RFPs) that are needed to fill a sourcing need. Understands the scope and purpose of the agreement and seeks to modify it appropriately to fit University standards and requirements. Owns the process and executes contract amendments, change orders, license renewals, and audits for agreements. Participates in the validation, selection, and award processes to ensure compliance with guidelines. Reviews all new projects that require external vendor support. Ensures complete contract SOP has been followed and all required aspects are completed. Understands differences between agreement types and appropriately utilizes agreements. Acts as SME and advises others as needed on the use of appropriate agreements. Negotiates new ventures, amendments, terminations, and maintenance of vendor agreements in cooperation with procurement, legal, and stakeholders to ensure they are current, up-to-date, and compliant with relevant laws and regulations as well as University requirements. Understands commercial terms and implications. Applies appropriate pressures to respective parties. Identifies the most effective negotiation tactics. Manages and oversees the creation and maintenance of a repository of vendors in a contract management database or similar solution to track key engagement milestones such as expirations and renewals. Segments and rationalizes the vendor portfolio so appropriate focus can be applied to the most strategically important vendor relationships/engagements. Determines contract tiers and objectives to be assigned to each tier. Manages communication with vendors, managing contract disputes, and engages legal team when necessary. Maintains professional relationships with project managers. Other duties as assigned.
MINIMUM EDUCATION & EXPERIENCE
Bachelor's degree and 2 years of relevant experience required Or equivalent combination of education and experience The University of Rochester is committed to fostering, cultivating, and preserving an inclusive and welcoming culture to advance the University's Mission to Learn, Discover, Heal, Create - and Make the World Ever Better. In support of our values and those of our society, the University is committed to not discriminating on the basis of age, color, disability, ethnicity, gender identity or expression, genetic information, marital status, military/veteran status, national origin, race, religion, creed, sex, sexual orientation, citizenship status, or any other characteristic protected by federal, state, or local law (Protected Characteristics). This commitment extends to non-discrimination in the administration of our policies, admissions, employment, access, and recruitment of candidates, for all persons consistent with our values and based on applicable law.