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Contract Specialist
Career Insights for Contracts Analyst
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Scorecard
Based on Illinois data
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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.
$69,912 / year median in Illinois
-5% projected decline
Job Description
at ARCO in Downers Grove, Illinois, United States Job Description
ABOUT YOU
Do you have a passion for supporting a fast-paced and highly efficient legal team? Do you thrive managing multiple projects and deadlines at a time? Then we have the next career move for you! Who are we? We are ARCO , a Family of Construction Companies. We are looking to add a Contract Specialist to our successful and ever-growing legal team. Successful candidates will be flexible, fun-loving, self-motivated, efficient, detail oriented, and have superior organizational skills.
A DAY IN THE LIFE
+ Review and negotiate subcontracts and other vendor agreements, ensuring that contracts align with internal policies and procedures.
+ Serve as a resource for Project Managers regarding insurance and contractual obligations in subcontractor and vendor agreements.
+ Maintain a fluent understanding of standard downstream forms
+ Serve as a collaborative partner with controllers and operations stakeholders
+ Suggest edits to downstream forms and facilitate changes under the supervision of department leadership
+ Interpret contract provisions to help resolve claims and questions submitted by subcontractors
+ Identify potential risks that contract changes may pose to the company, and analyze and reduce identified risk
NECESSARY QUALIFICATIONS
+ 5+ years of relevant experience in a contract administrator, contract manager, contract specialist, or similar role
+ A legal background: JD, paralegal certificate, or equivalent hands-on construction contract experience with real depth
+ Knowledge of legal requirements associated with contracts
+ Strong critical-thinking and problem-solving abilities
+ Ability to build solid relationships with internal Project Managers, the Legal and Finance teams, and outside vendors
+ Excellent customer service and verbal/written communication skills; must be extremely organized and detail oriented
WHAT WE CAN OFFER YOU
We are dedicated to the well-being of our associates and are proud to be consistently recognized as a Best Place to Work. Our compensation and benefits package not only supports our associates and their families but benefits local communities and communities around the world.
+ Industry-leading performance-based bonus program
+ Employee Stock Ownership Plan ( ESOP )
+ Traditional and Roth 401k
+ Tuition reimbursement for associates
+ Scholarship for associates' children up to $28,000 per child + 1-month paid sabbatical after every five years of employment, plus $5,000 for travel To view full details and how to apply, please login or create a Job Seeker account
Benefits
- Financial Aid/Assistance
- 401(k) Plans
- Employee Stock Options (ESOs)
- Bonuses/Stipends