Title Contract Analyst (Procurement)
Job Description Please note that Education and/or relevant Experience will be used to determine the appropriate salary and salary grade.
Job Summary: Contract Analyst (Procurement)
Contract Analyst, Sr. (Procurement)
Responsible for negotiating and writing contracts for services with outside vendors working in conjunction with business unit personnel. Write the deal summary and deal detail for assigned contracts with supervision. Write performance criteria and service level expectations that match the business requirements. Write modifications to existing agreements and work with the Legal department as necessary to protect the interest of AEP. Will lead the negotiation process on non-complex contracts.
Principal Accountabilities: - Write the deal summary with some oversight.
- Understand the parameters of the boilerplate terms.
- Write performance criteria and service levels that match the business requirements.
- Write modifications to existing agreements using various models, with oversight.
- Lead the negotiation process through data research, preparation, issue recognition and escalation of issues for non-complex contracts.
Auto req ID 17341BR
Relocation No
Location Columbus, OH
Job Type Full-Time
Job Category Supply Chain/Logistics/Procurement
Minimum Requirements Contract Analyst (Procurement)
EDUCATION: Bachelor's degree in Business Administration, Finance, or related field of study.
EXPERIENCE: Minimum of one (1) year of related contract and/or supply chain experience.
Contract Analyst, Sr. (Procurement)
EDUCATION: Bachelor's degree in Business Administration, Finance, or related field of study.
EXPERIENCE: Minimum of four (4) years of related contract and/or supply chain experience or related experience in work activities and projects.
Requirements-Other: These are additional expectations for the job and could include specific work experience, license / certifications, pre-employment testing, expectations about travel, shift work, etc.
- Follow policies, practices, standards and rules of the company and those regulations and procedures required externally.
- Understand various price models, cost containment models, pricing caps, total cost-of-ownership model, and indices.
- Apply problem-solving skills and use creativity in problem solving