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Knapheide Manufacturing
Quincy, IL | Full Time
$74k-100k (estimate)
6 Months Ago
Contract Administrator
$74k-100k (estimate)
Full Time 6 Months Ago
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Knapheide Manufacturing is Hiring a Contract Administrator Near Quincy, IL

Job Summary: This position works directly with the VP/CFO and Corporate Controller as well as various department leads across the organization to manage and review all business contracts/agreements in order to facilitate the negotiation of terms, manage contractional changes, resolve disputes, and ensure risk mitigation and compliance

Duties & Responsibilities:

  • Review, prepare, draft, and administer a wide variety of commercial agreements including but not limited to construction contracts, real estate purchase agreements, leases, nondisclosure agreements, master services agreements, software licenses, supplier agreements, event contracts, statements of work, amendments, and change orders
  • Demonstrate understanding of key contractual concepts and risk areas, including but not limited to limitation of liability, indemnification, intellectual property rights, licensing, warranty, confidentiality, information security/data privacy, audit rights and revenue recognition
  • Identify potential risks in contracts and develop strategies to mitigate them
  • Ensure that all contractual terms and conditions are clear and aligned with the company's objectives
  • Engage in critical issue spotting and lead resolution of issues
  • Develop and maintain a contract management system for tracking and monitoring contract performance
  • Collaborate with outside legal counsel to resolve contract-related disputes and claims
  • Implement risk management processes to protect the organization's interests
  • Monitor and enforce compliance with contractual obligations
  • Conduct regular contract reviews to assess performance and identify any deviations
  • Evaluate and process contract amendments or variations
  • Manage archiving/electronic storage and retrieval of contracts and other important legal documents
  • Manage/update insurance certificates for the organization including from suppliers and other business partners and ensure certificates are issued by the company that meet contractual requirements established in the corresponding contracts and agreements
  • Promote a culture of integrity and ethical behavior within the organization

Position Requirements

  • Bachelor's degree in business administration or similar; additional qualifications in law (JD or paralegal) are a plus
  • 5 years of experience in contract management, ideally with a manufacturing organization or legal firm
  • Excellent negotiation, communication, and problem-solving skills
  • Ability to manage multiple projects with high priority status
  • Team oriented and able to work across departments to accomplish tasks
  • Proficiency in contract management software and tools
  • CPCM designation (Certified Professional Contracts Manager) beneficial but not required

Job Summary

JOB TYPE

Full Time

SALARY

$74k-100k (estimate)

POST DATE

11/23/2023

EXPIRATION DATE

05/14/2024

WEBSITE

knaptruck.com

HEADQUARTERS

Saint Peters, MO

SIZE

<25

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The job skills required for Contract Administrator include Contract Management, Problem Solving, Contract Review, Legal Documents, Business Administration, etc. Having related job skills and expertise will give you an advantage when applying to be a Contract Administrator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Contract Administrator. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Contract Administrator positions, which can be used as a reference in future career path planning. As a Contract Administrator, it can be promoted into senior positions as a Contracts Administration Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Administrator. You can explore the career advancement for a Contract Administrator below and select your interested title to get hiring information.

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If you are interested in becoming a Contract Administrator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Contract Administrator for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Contract Administrator job description and responsibilities

Thus, this entails working to ensure that the terms and conditions contained within the contract are adhered to and that all of a party’s contractual obligations are met satisfactorily.

03/18/2022: Pocatello, ID

Contract administrators should seek to extract and store key dates centrally.

04/03/2022: Colorado Springs, CO

Administrators need to ensure they are able to collaborate with other teams while having a reliable approach to version control.

02/05/2022: Knoxville, TN

A contract manager may be employed to oversee the contract, and their role begins as soon as talk of a contract begins.

01/06/2022: Syracuse, NY

Remote contract administrators often research existing and modified regulations, construct pricing exhibits, and create special contracts for customers or vendors offered a bargain.

01/31/2022: Fresno, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Contract Administrator jobs

With contract repository software, fragmented approaches to administration can be eliminated and seamless data capture and storing can be achieved.

03/28/2022: Utica, NY

After the contract has been accepted and executed, there can be amendments and revisions needed as projects and tasks get underway.

04/02/2022: Bellingham, WA

Set and measure contract management KPIs.

01/13/2022: Parkersburg, WV

Conduct regular compliance reviews.

02/06/2022: Huntsville, AL

Conduct an audit of all things contract related. Develop a formal contract management framework.

03/16/2022: Shreveport, LA

Step 3: View the best colleges and universities for Contract Administrator.

Butler University
Carroll College
Providence College
Rollins College
Taylor University
Amherst College
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