Contract Analyst / Administrative Business Analyst

MSU Internal Job Postings Details•East Lansing, MI

18h

About The Position

The Contract Analyst supports the Contract Manager in administering, analyzing, tracking, and overseeing compliance for contracts across MSU Health Care. The position supports contract lifecycle management, financial analysis, Fair Market Value (FMV) research, contract monitoring, and operational coordination. Duties include maintaining contract records, supporting contract reviews, assisting with financial and compliance analysis, monitoring milestones, and ensuring accurate documentation throughout the contract lifecycle. The role collaborates with Finance, Risk Management, Operations, Compliance, Legal, and Leadership teams to support the execution and ongoing management of contractual relationships.

Requirements

Knowledge equivalent to completing a four-year college degree program in a business-related field, finance, accounting, or healthcare administration, or an equivalent combination of education and experience.
One to three years of related and progressively more responsible or expansive work experience in contract administration, financial analysis, or business operations.
Experience with word processing, database, spreadsheet, presentation software and/or desktop publishing, and web page software.

Nice To Haves

Experience with contract administration, financial analysis, or business operations in a healthcare or complex organizational environment.
Knowledge of contract lifecycle management, compliance requirements, and financial documentation.
Experience reviewing contracts, analyzing financial information, and tracking contractual obligations and deadlines.
Strong attention to detail and excellent organizational and record-keeping skills.
Ability to interpret and analyze financial and contractual information and identify potential issues or discrepancies.
Strong written and verbal communication skills and ability to collaborate effectively across departments.
Experience handling confidential or sensitive information with discretion.
Ability to manage multiple priorities, meet deadlines, and work independently in a fast-paced environment.

Responsibilities

Assist with preparing, reviewing, redlining, routing, and executing standardized contracts, amendments, and related agreements under the Contract Manager’s direction.
Assist with preliminary review and redlining of complex contracts and related agreements under the Contract Manager’s direction.
Maintain the Contract Logix contract management system and centralized contract repository.
Track renewals, expirations, notice periods, and compliance requirements, and monitor workflow status to support timely review and completion.
Review contract documentation for completeness, consistency, and adherence to organizational requirements.
Prepare contract summaries, abstracts, correspondence, and supporting documentation; respond to internal contract inquiries.
Support contract committee activities, including agenda preparation, meeting coordination, and documentation.
Conduct FMV research and assist with report preparation.
Support contract financial analyses, including ROI reviews, cost comparisons, and budget impact assessments.
Monitor contract expenditures and payments against approved budgets; assist with monthly variance and contract-related financial reporting.
Support contract-related accounts payable and accounts receivable activities.
Prepare data and documentation for audits, reviews, and financial reconciliations, and maintain accurate contract-related financial records.
Assist with contract compliance reviews, monitoring activities, internal audits, and regulatory reviews.
Identify missing documentation, inconsistent contract provisions, and compliance concerns for escalation.
Assist in maintaining documentation regarding insurance requirements, indemnification provisions, and other contract risk-management components.
Support adherence to university policies and healthcare regulatory requirements.
Coordinate meetings, calendars, and contract-related workflows.
Prepare reports, dashboards, presentations, and communications for leadership.
Maintain organized files and document control processes.
Support process improvement initiatives, templates, and workflow standardization; assist with department projects and special assignments.
Collaborate with Finance, Legal, Risk, Compliance, Operations, and Executive Leadership, facilitating stakeholder communication throughout the contract lifecycle.
Support best practices for contract administration and financial stewardship, and assist with developing tracking tools, metrics, and reporting mechanisms that improve contract visibility and accountability.