Procurement Contract Administrator

Job Description

Job Description

Procurement Contract Administrator/Procurement Contract Specialist

Festo, a leading manufacturing automation company with a global presence, is seeking a highly skilled and motivated Contract Administrator/Contract Specialist to join our legal team. As a crucial member of our organization, you will play a key role in ensuring the smooth operation of our contract management processes, supporting our North American entities.

Festo is a stable and growing company with a collegial environment. We value our employees and offer opportunities for professional development and growth. If you are a proactive problem-solver with a strong understanding of contract law and a passion for contributing to a dynamic legal team, we encourage you to apply.

QUALIFICATIONS

• Experience: A minimum of 7-10 years of experience in contract administration
• Contract Expertise: Demonstrated ability to understand, review, and negotiate a wide variety of contracts, including NDAs, sales terms, and other binding agreements.
• Problem-Solving: A proactive approach to identifying and resolving contract-related issues, with the ability to develop effective solutions.
• Tech Savvy: Comfortable using technology, including Microsoft Suite (Word, PDF), and able to quickly learn new systems. Familiarity with contract management systems is a plus.
• Communication Skills: Excellent written and verbal communication skills, with the ability to interact effectively with internal and external stakeholders.

JOB DUTIES

• Contract Review and Negotiation: Independently review, draft, and negotiate various types of contracts, ensuring compliance with company policies and legal requirements.
• Risk Assessment: Identify and flag potential risks and issues within contracts, and work collaboratively to mitigate those risks.
• Contract Management: Maintain and organize contract documentation, ensuring accuracy and accessibility.
• Stakeholder Collaboration: Work closely with procurement, trade compliance, and other departments to support their contracting needs.
• Problem Solving: Proactively address contract-related issues, developing and implementing effective solutions.
• Continuous Improvement: Contribute to the development and improvement of contract templates and processes.
• Tech Adaptability: Embrace and utilize technology to streamline contract review and management, including AI-powered tools.



WHAT WE OFFER

• Competitive base salary with a 10% Management by Objective (MBO) bonus based on company and individual performance.
• Comprehensive benefits package, including health insurance, 401k matching up to 6%
• Opportunities for professional development and growth within the company.