The opportunity
Based in North America reporting to the Manager, Contracts, this position will be primarily responsible for the review, negotiation, administration, and management of complex contracts. The role involves collaborating with cross-functional teams to ensure compliance with legal, financial, and organizational standards. The analyst also provides strategic recommendations to stakeholders to mitigate risks and optimize contract performance. This position will specifically carry out the Contract Reviews, Redlines, File Management and negotiating deals and bids for the Anda Distribution Sales Teams.
How you’ll spend your day
Essential Duties & Responsibilities
• Contract Review and Negotiation:
o Draft, review, negotiate (via redlines), and finalize contracts, ensuring compliance with company policies and relevant regulations.
o Manage complex contracts including non-disclosure agreements, master service agreements, Purchasing contracts, and customer rebate agreements.
o Identify and mitigate risks associated with contract terms and conditions.
• Contract Management:
o Maintain accurate contract records and documentation within contract management systems.
o Ensure contract milestones, deliverables, and obligations are tracked and met by all parties.
o Review terms and conditions and recommend innovative ways to deal with contract requirements
o Lead the contract renewal, amendment, and termination process as needed.
• Cross-Functional Collaboration:
o Work closely with sales, legal, finance, procurement, and other relevant teams to ensure contracts align with organizational goals and strategies.
o Provide guidance and interpretation of contractual terms to internal teams.
• Compliance and Risk Management:
o Work closely with legal to ensure all contracts comply with local, state, and federal laws as well as corporate policies.
o Ensure contracts comply with policies, procedures, and guidelines to minimize risks.
o Conduct regular contract audits and reviews to ensure compliance.
• Strategic Recommendations:
o Analyze contract performance, highlighting potential risks and opportunities for cost savings or improved contract terms.
o Provide advice and support to management regarding contract disputes or issues.
• Training and Mentorship:
o Train and mentor other team members on best practices in contract management.
o Stay updated on industry trends and legal developments related to contracts.
o Expand knowledge and experience by regular engagement with key stakeholders to understand business processes, policies, strategies and evolving business trends.
