Contract Specialist

Dallas Fort Worth International Airport•DFW Airport, TX

46d

About The Position

GENERAL SUMMARY: Under general direction, performs work of a contract accounting nature in the area of contract administration; certifiespliance with contract provisions, analyzes and administers the payment terms and conditions of General, and Professional services contracts, establishes, maintains and reconciles information relative to contract data in the Board's ERPputer systems, participates in preparation of annual budget and year end closing. About Us We are Dallas Fort Worth International (DFW) Airport-one of the most successful airports in the world by any definition. We are recognized for our innovation, leadership, drive for excellence and talented employees. Our success is made possible because of the diverse talents of over 2,100 employees who champion our mission of providing an exceptional airport experience to our customers and connect ourmunity to the world. We are looking for the best talent to join us and help reimagine what an airport can be. Bring your talents to DFW. Live and work with purpose.

Requirements

College coursework in finance, business or a related field.
Two (2) years of experience administering contracts or the payment provisions tof.
Up to two (2) years college coursework may substitute for years of experience on a year-for-year basis.
Possession of a valid class C driver's license.
Advanced Microsoft Excel/ & Query Writer
Knowledge of contract law, contracting procedures and pricing methods.
Knowledge of accounting practices/applications and cost analysis techniques.
Knowledge of contract funding procedures and requirements applicable to publicanizations.
Skill in operating a personalputer to capture and maintain records of contract activity and to reconcile data within the different systems.
Ability to analyze and interpret contractual terminology, to determine contractorpliance and to resolve discrepancies concerning contractors and contract provisions.
Ability tomunicate effectively and clearly, both orally and in writing, in general and technical terms, with Board staff, contractors and management.
Ability to coordinate work activities in order to aplish work assignments under time pressure and within pre-established and inflexible time limits.
Ability to recognize problems, initiate corrective measures and rmend solutions.
Ability to guide analyst staff in daily work.
Ability to establish and maintain harmonious and effective internal and external working relationships.

Responsibilities

Leads the review of assigned department invoices in the Invoice Scan Queue and prioritizes based on Contract Payment Terms.
Participates in the development and implementation of the departmental annual budget, reallocations and leads the fiscal year-end closing for assigned invoices.
Maintains financial management of contracts including verification of the accuracy of invoiceputations, ensures that funding and account disbursements are proper for assigned contracts; interfaces with other Board staff to resolve problems and discrepancies.
Maintains detailed contract data relative to payment history including stored materials, delivery order payments, etc.
Creates and processes Request for Payments for someplex General Goods & Services and Professional Service Contracts , and manages the process to ensure payments are accurate and paid within the Contract Payment Terms, ensuring accuracy of funds availability and distribution, correct form and format of invoices and that payments are based on valid supporting documentation that has been reviewed and approved by designated technical representatives.
Verifies that payments made that are not inpliance with contract terms have been supported, reviewed and approved with proper supporting documentation.
Provides contract related financial information to auditors, bondingpanies, suppliers, inspectors, sub-contractors, contractors and other Board staff upon request, based on approval of department management.
Calculates and verifies final contract amounts prior to contract close-out,pletes final fund and contract reconciliation or cost adjustments to Board records upon contract close-out.
Interfaces with contractors, consultants, sub-contractors, contract administrators, and other Board staff to resolve payment and other contractpliance issues.
Leads the year-end close by developing and monitoring reports and is the liaison between Finance, Stakeholder Departments and PMM.
Ensures that internal and external customers are following the Board Policy and Procedures regarding vendors and payment