What are the responsibilities and job description for the Contract Administrator position at Knapheide Manufacturing?
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
Salary : $65,000 - $95,000