Contract Administrator

VARITE is looking for a qualified Contract Administrator for one of its clients.

WHAT THE CLIENT DOES?

The company started out as a hardware/software vendor, but over time added more subscription-based services.

WHAT WE DO?

Established in the Year 2000, VARITE is an award-winning minority business enterprise providing global consulting & staffing services to Fortune 1000 companies and government agencies. With 850 global consultants, VARITE is committed to delivering excellence to its customers by leveraging its global experience and expertise in providing comprehensive scientific, engineering, technical, and non-technical staff augmentation and talent acquisition services.

HERE'S WHAT YOU’LL DO:

Job Title : Contract Administrator

Location: Remote

Duration: 3 months

Description:

PLEASE BE COMPETITIVE WITH YOUR MARK-UP/RATES. ONLY SUBMIT CANDIDATES CURRENTLY RESIDING IN BAY AREA/NEAR WORK LOCATION (IN CLIENT SERVICE TERRITORY). ASSIGNMENT IS REMOTE. 3 MONTH ASSIGNMENT DURATION WITH POSSIBILITY FOR EXTENSION.

TOP THINGS LOOKING FOR:

(Journal Entry experience / Vendor experience / Problem solving skills)

1. Ability to Process GRs (good receipts) , journal entry experience

2. Ability to review and process invoices submitted by outside vendors

3. Ability to be as a backup support to team members with GRs, journal entries, review/ process invoices

Job Duties:

Invoice Review & Processing:

1. Reviews invoices to ensure that rates, scope and terms are consistent with contracts. Confirms actual work performed with Line of Business.

2. Primarily responsible for facilitating meetings with vendors and LOB to resolve invoice discrepancies of rates charged against the CWA and Catalogue contract pricing structure and elevating issues to management as appropriate for resolution.

3. Primarily responsible for reconciling vendors' accounts receivable reports and resolving issues required to complete payment.

4. Identifies and escalates contract errors or inconsistencies.

5. May post goods receipts (GRs) and support allocation of funds in partnership with the Accrual Owner and Budget Owner.

6. Provides metrics, overview and guidance to the Line of Business (LOB) to ensure accuracy of GRs posted by others.

7. Proactively maintains balanced purchase orders (POs) to ensure vendor payments are processed timely. Analyzes PO imbalances using various tools (e.g., SAP, Ariba, Microsoft Excel, etc., and various other financial reports) working to resolve any issues.

8. Works with Budget Owner to reduce payment cycle times

9. Clears blocked invoices in accordance with the terms and conditions of the contract and/or purchase order. Coordinates with suppliers and accounts payable as needed.

10. Develops and maintains vendor relationships for purposes of billing and invoicing for CWA's and Catalogue contracts. Works with vendors to improve timeliness and accuracy of invoicing.

Contracts, Change Orders and Purchase Orders:

11. Supports the tracking of approval status of contracting documents from inception through approval and ensures that documents are routed expeditiously with the goal of avoiding After the Fact Purchase Orders and maintaining funding for approved work.

12. Collaborates with LOB and Sourcing to ensure contracts are set up correctly to facilitate invoicing process with correct accounting and cost breakdowns.

13. Assists in monitoring available funds against approved amounts for each contract and notifies Contract Specialist and/or LOB if a contract extension is needed.

14. Close out purchase orders after verifying with LOB and vendor that all contractual obligations have been met.

15. Provides secondary review of compliance information for vendor use, inclusive of but not limited to insurance, state licensing, gold shovel, ISN, and union signatory status.

Cost Tracking:

16. Identify and record cost savings from invoice validation process.

17. Perform KB61 transactions which reallocates costs to capital or expense orders (e.g., invoices at the PO level).

Records Management & Reporting:

Helps maintain proper record keeping of all invoicing and related documents per company standards, ensuring accuracy and consistency of data.

Accrual Process:

21. Assists with the monthly accrual process by providing information and guidance on the various accruals processes.

22. Provides data on invoices in process to LOB partners, AO and/or contractors for their use in preparing their accrual.

23. Posts requested accrual entries if the AO is not able to post the accrual.

24. Supports proper cost accounting to eliminate SOX deficiencies.