Contracts Analyst

Hulcher Services Inc•Denton, TX

1d•Onsite

About The Position

The Contract Analyst will be expected to run queries on previous contract spend to analyze usage, profitability, and strength of partnership between the 2 business entities. Make contract change recommendations on rates and renewals while analyzing any financial impact of clauses, liabilities, stipulations, and/or obligations. Draft provisions or amendments, ensuring the contract is in the best interest of the company, is accurate, compliant with all legal responsibilities, and reduces risk. The Analyst will be responsible for updating and maintaining software with all contract dates and will generate notifications to the necessary parties prompting changes accordingly.

Requirements

Bachelor’s degree in finance or equivalent required
5-8 years related experience in Accounting and/or Accounts Receivable
3-5 years of experience with contract language, understanding, and application.
Good word processing, database, e-mail and spreadsheet applications skills
10 Key by touch
detail oriented
working knowledge of bookkeeping practices and procedures
ability to identify discrepancies and determine alternative courses of action
good written and verbal communication, interpersonal, leadership, geographic and basic math skills
ability to analyze and solve problems

Responsibilities

Support the Contracts Administrator with contract review of terms and conditions, indemnification, legal language, and key points of contention
Review annual spend, provide pricing analysis upon contract renewals
Review Customer PO’s for proper terms, notify PO Manager for acceptance in customer portals
Review contract language for Subcontractor agreements
Provide back up to Invoicing department for customer billing “as-needed”
Analyze bid performance data and provide recommendations on margin management to Estimating Manager
Conduct internal audits of invoices for proper contract application
Assist with running queries on project revenue and profit analysis from Dynamics, as needed.
Contract Management Software support: load and track documents, generate contract templates, identify upcoming expiration dates and communicate with leadership for renewal
Assist with rate table creation
Provide feedback to operations and contracts administration on how best to structure pricing to optimize system attributes and reduce processing costs.
Secondary liaison with HSI / HRI legal counsel on contractual or legal issues, as well as between company, subcontractors and any/all interested parties connected by contractual agreements
Evaluates or monitors contract performance to determine necessity for amendments or extensions of contracts, and compliance to contractual obligations
Run financial transaction transfer in the project module of the accounting software, and post General Ledger batches, if needed.
Perform month-end closes in the project system of the accounting software system.
Run analysis queries in strategy companion software system and/or SQL Query analyzer for executive management
Train within the Invoicing department for better understanding of the role and departmental processes.
Assist with recruiting, training, and developing support personnel to ensure adequate back-up to your role
Perform other incidental and related duties as required