
Contract Optimization Specialist
5 days ago
We are seeking a professional to oversee contract data abstraction, management, and optimization. This role ensures high levels of accuracy, accessibility, and compliance in contract data and processes.
Responsibilities- Contract Database Organization: Responsible for organizing, abstracting, storing, and retrieving contract data and legal documentation to ensure easy access and maintenance.
- Monitoring Contract Data Accuracy: Oversees the monitoring and supervision of data saved into contract lifecycle management systems to ensure accuracy and timely updates.
- Accurate Inputting Contract Details: Accurately inputs customer and vendor contract information into databases or software systems, including details such as contract start and end dates, terms, and conditions, pricing information, and relevant customer details.
- Process Contract Changes: Processes all changes to contract data records in contract data management systems on contract status, including metrics such as renewal rates, contract value, and any issues or trends observed.
- Maintain Data Integrity: Ensures all contract data is maintained with high levels of accuracy, consistency, and reliability in alignment with company-wide data governance processes.
- Identify and Rectify Errors: Identifies and rectifies any data entry errors or inconsistencies to uphold the highest standards of data integrity.
- Knowledge Management: Acts as the first point of contact for any CLM/contract-related questions, including regarding contract hierarchy, correct contract template selection, validating data in the system, and managing data access.
- Support Contract Process: Supports the contracting process with queries and manages signature and storage processes to ensure contract data is well abstracted throughout the process.
- Maintain Compliance: Maintains strict adherence to internal business process SLAs, guaranteeing contract data and reporting are completed appropriately within designated timeframes.
- Protect Customer Information: Complies with data protection regulations and company policies regarding the secure and confidential handling of customer information.
- Qualifications
- High school diploma or equivalent required; post-secondary education or relevant certifications in Business Administration, Information Systems, Legal, or related fields preferred.
- Experience in data entry or an administrative role preferred, with a proven track record of meeting internal service level agreements (SLAs).
- Strong communication skills, proficiency in both written and verbal English, and ability to work effectively in a dynamic environment.
- Seniority level: Associate
- Employment type: Full-time
- Job function: Consulting, Strategy/Planning, and Analyst
- Industries: Outsourcing and Offshoring Consulting, IT System Data Services, and Data Infrastructure and Analytics
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