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Contract Analyst
$90k-113k (estimate)
Full Time 2 Days Ago
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Chicago Housing Authority is Hiring a Contract Analyst Near Chicago, IL

The Contract Analyst contributes to the overall development and implementation of Resident Services contracts and supports the Contract Manager to conduct pre-award and post-award contract and grant administration activities, including procurement of goods and services, Board of Commissioners approval requests, monitoring and closeout. The Contract Analyst provides support for multiple contract types including Professional Service Agreements, Intergovernmental Agreements, Commensurate Benefit Agreements, Memorandums of Understanding and Grant Agreements. The Contract Analyst conducts overall monitoring of Resident Services programs, contractors and partners, which includes contractor/program performance outcome analysis. The Contract Analyst conducts on-site and off-site monitoring reviews to ensure contractors, vendors and partners are effectively implementing programs and services in accordance with terms, conditions, specifications and guidelines of contracts/agreements.

DUTIES AND RESPONSIBILITIES

  • Assists in all phases of pre and post award contract administration for Resident Services (e.g. new procurements, Board of Commissioners approval requests, internal requests for contract amendments, contract exhibits, cost analysis and cost estimates, purchase requisition and payment, grant and contract close-out and termination/corrective action memos).
  • Completes market research related to anticipated goods and services to be procured.
  • Completes analysis of projected costs and historical costs related to goods and services.
  • Assists with reconciliation of expenditures, revenue and contract and grant closeout.
  • Assists with organizing and reviewing documents for financial and performance audits.
  • Process vendor payments and prepare monthly expense accruals as necessary.
  • Analyze operating budgets and budget variances by reviewing various financial reports, such as a trial balance, to identify trends and proper expense allocation.
  • Analyze purchase order balances by keeping track of expenditures.
  • Ensures data entry is completed in the designated repository.
  • Ensures contracts and related documents (e.g. performance reports, budgets, amendment requests, etc.) are received, saved, and well organized.
  • Maintains full understanding of contract requirements, program procedures and intended outcomes.
  • Collects and analyzes data related to contractor/partner performance, expenditures, and leveraged resources and other contract requirements.
  • Tracks contractor/partner corrective action plan progress; conducts follow up internal meetings and monitoring site visits, as needed to provide contractor/partner technical assistance to ensure implementation of the corrective action. Local travel to off-site locations is required.
  • Other tasks as assigned by Manager or Resident Services senior management.
  • Collaborates with other departments and responds effectively to internal and external requests.
  • Manages and prioritizes multiple projects simultaneously and responds to change in a professional manner.
  • This position may be asked to handle tasks outside of job description to meet broader goals of CHA and Resident Services.
  • This position occasionally requires working hours outside of CHA’s established hours of 8:30am – 5:00pm Monday-Friday
  • This position is eligible for remote work up to two days per week following successful completion of onboarding with Resident Services.
  • Other duties as assigned.

QUALIFICATIONS

A Bachelor's Degree in Business Administration, Finance or a related discipline is required. This position also requires a minimum of two (2) years of contract management, audit, analyst, or finance experience. A combination of education and related work experience will be considered. Effective communication skills (written and verbal) and the ability to work with a diverse staff of professional employees to coordinate the completion of assignments and effectively communicate project deliverables is required. Proficiency in Microsoft Office with strong Excel and Word skills is required; an exercise in both Excel and Word will be required during the interview process. This position requires the ability to choose the right mathematical methods or formulas to analyze financial and performance data. Strong analytical and organizational skills are needed. This position requires the ability to apply general rules/procedures to specific problems to produce logical answers and well-organized project deliverables using Microsoft Excel and Word. Knowledge of HUD or other regulations related to procurement development, contract administration and grant administration is helpful.

Salary Range: $70,000 - $75,000

Grade: S6

FLSA: Exempt

Union: None

Job Summary

JOB TYPE

Full Time

SALARY

$90k-113k (estimate)

POST DATE

05/31/2024

EXPIRATION DATE

06/27/2024

WEBSITE

thecha.org

HEADQUARTERS

CHICAGO, IL

SIZE

1,000 - 3,000

FOUNDED

2009

CEO

BEVERLY SHEPHARD

REVENUE

<$5M

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The job skills required for Contract Analyst include Procurement, Contract Management, Microsoft Office, Business Administration, Communicates Effectively, Organizational Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Contract Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Contract Analyst. 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 Analyst positions, which can be used as a reference in future career path planning. As a Contract Analyst, it can be promoted into senior positions as a Contracts Administrator IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Analyst. You can explore the career advancement for a Contract Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Contract Analyst, 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 Analyst for your reference.

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

Quotes from people on Contract Analyst job description and responsibilities

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They review contract terms and conditions before contracts are signed, negotiate favorable terms with other parties on behalf of their employers, and draft contractual provisions and amendments.

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They negotiate terms and conditions after reviewing contracts to prevent potential disputes and financial risk. Contract analysts examine contract clauses, liabilities, stipulations, and obligations, and recommend and draft provisions and amendments accor

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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 Analyst jobs

NFL Analyst Adam Schefter had a strong opinion on Lamar’s contract situation.

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That has led to companies hiring various compliance officers and compliance analysts.

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But, there are some duties, roles, and responsibilities that overlap for both the compliance officer and compliance analyst.

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Every compliance analyst has slightly different duties, tasks, and responsibilities due to varying job descriptions.

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Compliance analysts can have varying duties and tasks, but the skills, qualifications, and abilities required remain the same.

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

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