What are the responsibilities and job description for the Contract Specialist position at ACL Digital?
Title- Contracts Specialist
Job Summary
Draft, negotiate, and execute complex, high-impact supplier agreements in collaboration with Legal, Engineering, Sourcing, Finance, and other cross-functional stakeholders. Responsibilities include managing agreements related to EDA tools and services, software licensing, foundry IP licensing, IoT technologies, production devices, and service agreements.
The position requires evaluating contractual terms, including warranty, liability, confidentiality, and other commercial provisions; assessing risk and implementing mitigation strategies; managing contract lifecycle processes and systems in compliance with business requirements and SOX controls; and driving process improvements that reduce cycle time and improve operational efficiency.
Top 5 Required Skills
- Complex contract drafting, negotiation, and administration
- Supplier agreement management (supply agreement, software licensing, technology, and services agreements)
- Contract risk assessment and mitigation (warranty, liability, confidentiality, IP protection)
- Cross-functional collaboration with Legal, Engineering, Sourcing, Finance, and Supply Chain teams
- Contract process improvement and contract lifecycle management systems administration
Technologies / Knowledge Required
- Electronic Design Automation (EDA) tools and services
- Software licensing and intellectual property agreements
- Foundry IP licensing and semiconductor industry contracting
- Direct procurement, NPI contracts, and contract manufacturing contracts
- Contract lifecycle management (CLM) systems
- Microsoft Office Suite (Excel, PowerPoint, Word) for contract analysis and presentations
- Experience in the semiconductor and/or consumer electronics industry.
Salary : $45 - $49