Sales Operations Contract Administrator

The Sales Operations Contract Administrator is a professional responsible for coordinating and participating in the contracts processes including quoting, order reviewing, negotiating, obtaining approvals, and administering contracts to ensure compliance for Semiconductor Test contracts, including sales and business partnerships. They play a crucial role in ensuring compliance with legal requirements, analyzing potential risks, collaborating and securing cross-functional approvals, interacting with stakeholders at various levels of leadership, and maintaining organized records. If you’re detail-oriented, adept at contract terms review and negotiation, and committed to collaborating and meeting organizational goals, this role might be a great fit for you. 

This position is a global role, and will interface with the US, Asia, and Europe functional departments and customers.

Responsibilities:

As a Sales Operations Contract Administrator, your primary responsibilities will include:

1. Assisting with Sales related Contracts and Commercial Agreements:
   • Ensuring accuracy and clarity around terms and conditions, including reference to standard terms of sale or existing master terms documents.
   • Documenting terms negotiations for historical purposes in the contract record.
2. Reviewing Contracts received from Customers.
   • Collaborating with legal/contracts team, performing a detailed contract review and assessment to identify any non-standard terms and conditions and potential risks.
3. Reviewing and Updating Existing Contracts:
   • Regularly reviewing contracts and master terms documents to identify any necessary updates or modifications.
   • Ensuring compliance with company policies.
4. Providing Explanation and Clarification of Terms and Conditions
5. Risk Analysis:
   • Collaborating with legal/contracts team, identifying potential risks associated with specific contract terms and communicating these risks to internal functional departments and leadership.
   • Recommending risk mitigation strategies.
6. Maintaining Organized Records
7. Employee Compliance
8. Approvals:
   • Ensuring that all necessary approvers are informed and have approved any non-standard terms in contracts or master terms agreements prior to contract execution.

Education & Experience:

• • Bachelor’s degree in Business Administration, Legal Studies, Paralegal, or a related field.
  • 5+ years experience in contract administration or a similar contracts role.
  • Familiarity with sales processes, legal compliance requirements, risks, and terms and conditions for the sale of goods and services. 
  • Possess advanced knowledge of MS Office programs. SharePoint contract repository experience a plus.
  • Ability to analyze contracts, identify risks, and propose solutions.
  • Attention to detail and accuracy.
  • Ability to explain complex contract terms in a clear and concise manner.
  • Strong organizational abilities to manage multiple contracts simultaneously.

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