The Contract Analyst will assist with the development of new contracts, amend existing agreements, and monitor corporate and regulatory compliance conditions. The position will report to the Sr. Contract Manager.
- Investigates and follows-through on contract issues.
- Drafts, reviews and negotiates contracts to attain achievable risk levels.
- Manages portfolio of company internal records of vendor contracts, financial institution communications, high-level construction schedules, periodic invoicing status and report generation to executive level management.
- Tracks key milestones for reporting purposes involving contract payments, construction initiation, general progress, and end dates.
- Presents the interrelated status of the portfolio of all ongoing construction or regulatory related projects from time to time.
- Initiates and maintains annual compliance review results involving key contracts and resolve any applicable discrepancies.
- Prepares and presents reports by gathering, reviewing, and analyzing data regarding financial status, major schedule issues, contract status and deviations from Company expected performance guidelines.
- Works with outside counsel and external and internal stakeholders to prepare and amend contracts for execution.
- Supports negotiations of contract terms and conditions and documents variances from Company standard practices, including the use of non-routine terms and conditions for future reference.
- Maintains archive of contracts, as amended; maintains amendment version controls, correspondence, etc. throughout contract life cycle.
- Coordinates and interfaces with internal and external resources, acting as a liaison between the Company and various ERCOT entities, engineering and construction firms, industrial suppliers, consultants, and legal and regulatory resources.
- Assists as needed with process planning and administration of new projects.
- Manage and update contract records within the Company’s contract management system, ensuring data integrity and accuracy.
- Assists with regulatory filings and documentation
- Performs other duties as assigned.
- Bachelor’s Degree in Business Administration, Finance, Accounting, Economics, or Engineering from an accredited college or university. Law degree preferred but not required.
- Minimum of two (2) years of experience with general contract administration to include participation in negotiating new contracts and monitoring compliance of existing contracts. Paralegal certificate preferred but not required.
- While experience gained from an electric utility is preferred, law firm, oil, gas, pipeline, regulatory agency, or similar backgrounds are also applicable, depending upon previous, specific duties.
- Working knowledge of some or all of the following:
- Contracts - amendments, general solicitation documents, addendum's, agenda setting, project scheduling;
- Financing, public utility regulations, corporate insurance issues, safety programs, procurement, and project management.
- Ability to think creatively in solving problems, making effective decisions, and articulating the same to internal and external clients, customers, and collaborators.
- Ability to use Microsoft Office Suite, Adobe Acrobat, and standard office equipment.
- Strong understanding of contract databases and ability to efficiently manage and track contracts within our system
- Excellent writing skills utilizing English and standard contract terms to draft agreement modifications.
- Conflict resolution, negotiation, and project management skills.
- High attention to detail and accuracy in both written and verbal communications and documents