What are the responsibilities and job description for the Contract Analyst - Capital Administration position at Welltower Inc.?
JOB SUMMARY
Contract Analyst directs the preparation, review, and administration of contractual proposals relating to construction projects for Capital Projects. Responsible for verifying adherence to policy related to specifications for materials, equipment, manpower, or other construction services contracted by the department. Verifies all necessary approvals have been obtained and ensures that standard company procedures are followed. Familiar with standard concepts, practices, and procedures within the accounting field. Relies on experience and judgment to plan and accomplish goals. Performs a variety of complex tasks. A certain degree of creativity and latitude is required. Reports to Senior Contract Analyst, Capital Administration.
KEY RESPONSIBILITIES
- Generate and execute contracts and change orders per company policy.
- Ensure contract execution in accordance with company policy.
- Review and negotiate contract terms and payment structure with associated parties.
- Analyze contract stipulations and draft contract provisions and amendments.
- Ensure that contractors are in compliance with legal requirements, owner specifications and government regulations.
- Update records of all correspondence related to contract activity.
- Provide advice and technical assistance with Budgets, Yardi, and VendorCafe for Capital Projects.
- Receive, research and resolve a variety of routine internal and external inquiries concerning payment/ budget status, including communicating the resolution of discrepancies to the appropriate party.
- Maintain an audit file for each contract which will include the original contract, all correspondence, changes/deviations, amendments, clarifications, and payment schedules.
- Responsible for log and track executed contracts, change orders and pricing database for Redevelopment Department
- Responsible for new vendor set up and understand and assist to optimize the adoption rate on VendorCafé Invoice Submission Program
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
MINIMUM REQUIREMENTS
- BA/BS preferred or equivalent experience in contracts administration.
- At least 1-2 years of experience working as an administrator/contract specialist.
- We are seeking candidates who are self-directed and have experience managing a high volume of contracts per month.
- Ability to interpret, understand, review, and draft vendor contracts and amendments.
- Strong oral and written communication skills
- Ability to make decisions on minor issues in accordance with company policy.
- Demonstrated organizational skills and ability to manage multiple projects simultaneously.
- Computer literacy, knowledge of Outlook, MS Office, PowerPoint, Adobe.
- Yardi/Payscan experience preferred.
Applicants must be able to pass a pre-employment drug screen.
WHAT WE OFFER
- Competitive Base Salary Annual Bonus
- Generous Paid Time Off and Holidays
- Employer-matching 401(k) Program Profit Sharing Program
- Student Debt Program – we’ll contribute up to $10,000 towards your student loans!
- Tuition Assistance Program
- Employee Stock Purchase Program – purchase shares at a 15% discount
- Comprehensive and progressive Medical/Dental/Vision options
- And much more! https://welltower.com/newsroom/careers/
ABOUT WELLTOWER
Welltower, an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com
Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet
