Contracts manager Jobs in Richardson, TX

Job Type Full-time Description

About L&S Mechanical

Headquartered in Richardson, Texas, L&S Mechanical (“L&S”) is a leading tri-trade provider of turnkey plumbing, HVAC, and electrical installation services in the Texas, South Carolina, North Carolina and Georgia residential housing markets. Founded in 1985, L&S serves large production homebuilders in Dallas / Fort Worth, South Dallas, Houston, San Antonio and Austin through its six production warehouses. Previously owned by management, L&S was acquired by The Sterling Group, a leading middle market private equity firm, in September 2021. L&S is the largest plumbing installer in Texas and has significant opportunity to grow its HVAC and electric offerings while also expanding into new geographies through acquisition and growing its nascent home services business.

The company is backed by The Sterling Group, a private equity firm established in 1982. The Sterling Group specializes in acquiring controlling interests in companies across the manufacturing, distribution, and industrial services sectors, focusing on enterprises with valuations typically between $100 million and $1 billion. To date, the firm has sponsored 67 platform buyouts, along with numerous add-on acquisitions, contributing to a total transaction value exceeding $22 billion. Currently, The Sterling Group manages over $9.4 billion in assets.

Job Summary

The Contracts Specialist plays a pivotal role in the management, execution and oversight of contracts within L&S Mechanical contract lifecycle. Working with and reporting to the company’s General Counsel as well as attorneys from other firms, this position is crucial for confirming that all contractual terms and conditions are executed timely in compliance with corporate policies, legal requirements and to protect the company’s interests and objectives.

Key Responsibilities

• Review and Redlining  Reviewing contracts to ensure completeness and accuracy, aligning with internal corporate policies and external regulatory requirements, where applicable. Analyze potential risks involved in specific contract terms and stipulations and use insights to mitigate risk through strategic contract language. Communicate with internal stakeholders (e.g., Operations, Legal, Finance, HR, IT, and Procurement Departments) to assure the contract’s terms are feasible and reflect the organization’s capacity and business strategy
• Negotiations Facilitate communication between the organization and third parties to clarify contract conditions and ensure all parties are on the same page. Track all ongoing negotiations
• Execution Communicate regular updates to key stakeholders as to contract status including outstanding items and next steps. Facilitate and obtain all necessary signatures and approvals Administering proper contract execution strategies to avoid legal challenges and penalties Addressing and resolving any disputes that arise out of contract performance or interpretation
• Maintaining Maintaining organized records of all contracts and related documentation, facilitating easy access and retrieval when necessary

Education and Certification Requirements

Benefits

Salary Description 55-65k