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Marshall University

Contract Analyst

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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.

$68,245 / year median in West Virginia

-2% projected decline

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Job Description

Banner Position Number:
R10900
Department:
MURC - Financial Administration - RC1516 Job Description Position Summary The Contract Analyst position is a newly created shared position between the Financial Department and the Subaward and Contract Compliance Department. This role reviews service agreement invoices for compliance prior to payment, works with departments to resolve invoice issues, and supports the closeout of contractual agreements. The Contract Analyst works closely with the Senior Finance Officer and the Associate Director of Subaward and Contract Compliance to ensure accurate and compliant processing of contractual invoices and timely closeout of funds. Essential Duties and Responsibilities Review service agreements to verify that invoices submitted for payment align with contractual terms, scope of work, and approved funding Identify invoice discrepancies or compliance issues and work directly with departments to resolve concerns before payments are processed Processing of invoice payments for weekly check runs. Serve as a point of contact for departments regarding invoice compliance questions related to service agreements Support the closeout of contractual agreements by ensuring all required invoices have been submitted, reviewed, and paid Coordinate with the Grant Invoicing Office when ending fund notifications are issued to departments Prepare and distribute detailed transaction reports for ending funds and work with departments to reconcile outstanding charges to ensure all invoices are submitted and paid prior to closeout -Provide guidance to departments on contractual invoicing requirements and best practices All other duties as assigned. Knowledge, Skills and Abilities Strong analytical abilities and familiarity with the Microsoft Office Suite, especially Excel. Experience with Cayuse and Banner a plus
Salary Range:
$55,000 - Salary is commensurate with education, experience and internal equity Education Bachelor's degree Experience 2 years of relevant experience
Posting Number:
MR0872
Open Until Filled:
Yes