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LUXUS
Nashville, TN | Full Time
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Contract Administrator (Hybrid: Nashville, TN or Colorado Springs, CO)
Philips Nashville, TN
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$68k-89k (estimate)
Full Time 1 Day Ago
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Philips is Hiring a Contract Administrator (Hybrid: Nashville, TN or Colorado Springs, CO) Near Nashville, TN

Job Title
Contract Administrator (Hybrid: Nashville, TN or Colorado Springs, CO)
Job Description
Join a dynamic team to systematically and efficiently manage commercial contracts (create and execute) to ensure operational performance is maximized.
Your role:
  • Responsible for being a mentor to junior contract administrators; drafting, reviewing, and revising various client-facing contracts such as: master agreements, amendments, and renewals. Additionally, you will generate contracts from standardized contract templates and review customer terms and conditions; provide recommendations relating to exceptions or items of concern and contribute to the negotiations with the customer.
  • Interface with the corporate stakeholders legal, finance, and other supporting cross functional teams to answer questions, and resolve issues related to transactional business. Prepare RFP responses as required to support the Corporate Accounts and Sales teams; meet proposal deadlines. Identify and address commercial, financial, legal, and operational issues on complex matters and seek advice from management and subject matter experts. Collaborate with various partners to ensure contracts are understood and set up properly to support downstream business activities and meet Philips compliance requirements.
  • Conduct historical contract review, prepare contract summaries, and provide guidance to company personnel regarding contracting issues, concepts, and requirements. Proactively making recommendations to management for ways to improve contract templates, processes, and policies. Provide administrative-level support for the company's contract management software and communicate clearly and effectively with both internal and external customers.
You're the right fit if:
  • You have 3 years of experience in drafting, reviewing, revising and interpretating contracts, where you have used critical thinking and problem-solving skills to identify and mitigate risk and communicate using contract principles and policies.
  • Your skills include knowledge of contract and business law (required); emphasis in business and transactional-related course (preferred); with proficiency in Microsoft Outlook, Word, PowerPoint, and Excel, Adobe; and demonstrate leadership and organizational skills (including the ability to plan, coordinate, direct and control the activities of the assigned organization and interface effectively with management) and proficiency in Microsoft Outlook, Word, PowerPoint, and Excel, Adobe.
  • You have a Bachelor's degree, and/or MBA degree preferred OR Education and experience equivalent to eight or more years' related experience required, Paralegal Certificate desired
  • You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.
  • You're an excellent communicator at many levels (articulate, empathetic, motivating and energizing); a self-directed with the ability to work independently, well-organized multi-tasker, skilled at working in a team with tight deadlines, establishing priorities, gaining cooperation through persuasion to find solutions, and building consensus across functional areas, while managing various projects and setting priorities to achieve outcomes.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.
  • Learn more about our business.
  • Discover our rich and exciting history.
  • Learn more about our purpose.
  • Read more about our employee benefits.
If you're interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here.
Philips Transparency Details
The pay range for this position is $50,000 to $100,000, annually. The actual base pay offered may vary depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in or within a commutable distance to Nashville, TN or Colorado Springs, CO.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.

Job Summary

JOB TYPE

Full Time

SALARY

$68k-89k (estimate)

POST DATE

07/01/2024

EXPIRATION DATE

07/16/2024

HEADQUARTERS

SAM SEN NOK, CENTRAL

SIZE

100 - 200

FOUNDED

2015

CEO

VIROJ VITHAYAVEROJ

REVENUE

$50M - $200M

INDUSTRY

Wholesale

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The following is the career advancement route for Contract Administrator (Hybrid: Nashville, TN or Colorado Springs, CO) positions, which can be used as a reference in future career path planning. As a Contract Administrator (Hybrid: Nashville, TN or Colorado Springs, CO), it can be promoted into senior positions as a Contracts Administration Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Administrator (Hybrid: Nashville, TN or Colorado Springs, CO). You can explore the career advancement for a Contract Administrator (Hybrid: Nashville, TN or Colorado Springs, CO) below and select your interested title to get hiring information.

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If you are interested in becoming a Contract Administrator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Contract Administrator for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Contract Administrator job description and responsibilities

Thus, this entails working to ensure that the terms and conditions contained within the contract are adhered to and that all of a party’s contractual obligations are met satisfactorily.

03/18/2022: Pocatello, ID

Contract administrators should seek to extract and store key dates centrally.

04/03/2022: Colorado Springs, CO

Administrators need to ensure they are able to collaborate with other teams while having a reliable approach to version control.

02/05/2022: Knoxville, TN

A contract manager may be employed to oversee the contract, and their role begins as soon as talk of a contract begins.

01/06/2022: Syracuse, NY

Remote contract administrators often research existing and modified regulations, construct pricing exhibits, and create special contracts for customers or vendors offered a bargain.

01/31/2022: Fresno, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Contract Administrator jobs

With contract repository software, fragmented approaches to administration can be eliminated and seamless data capture and storing can be achieved.

03/28/2022: Utica, NY

After the contract has been accepted and executed, there can be amendments and revisions needed as projects and tasks get underway.

04/02/2022: Bellingham, WA

Set and measure contract management KPIs.

01/13/2022: Parkersburg, WV

Conduct regular compliance reviews.

02/06/2022: Huntsville, AL

Conduct an audit of all things contract related. Develop a formal contract management framework.

03/16/2022: Shreveport, LA

Step 3: View the best colleges and universities for Contract Administrator.

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