Contract Specialist
Contracts Specialist
Location : Virginia Beach, VA
Pay Rate : 50-70k / yearly.
1 day offered per week for remote work, other days will be onsite.
Job Responsibilities :
- Create contract summaries and ensure compliance with corporate approval and signing authority matrix policy.
- Prepare and disseminate information to appropriate employees and stakeholders regarding contract status, which will include all correspondence, changes / deviations, amendments, clarifications;
facilitate vendor and stakeholder meetings.
- Maintain a comprehensive knowledge of contractual terms and conditions and general business practices.
- Responsible for day-to-day interface with external customers, vendors, and company management on contractual matters related to all contracts.
Explain terms and conditions to managers and interested parties.
- Review contracts for conformity with standard terms, identify risks, recommend revisions, and negotiate changes.
- Focus on handling both government and commercial contracts and coordinating with procurement.
- Assist with the development of standard template language to be used in contracts.
- Ensure protection of company's contractual / risk posture and adherence to company policies
- Maintain files for assigned contracts.
- Maintain and provide status tracking from request to execution.
Job Requirements :
- Bachelors Degree in Business Administration, required.
- Law background is a huge plus.
- 3-5 years of experience in contract or business law.
- Hands on experience, working with contract redlining and familiarity with contracting process.
- Knowledge of FAR (Federal Acquisition Regulations , DFAR (Defense Federal Acquisition Regulation, CFR (Code of Federal Regulations) and other related regulations is a plus.
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