We are Builders FirstSource, America's largest supplier of building materials, value-added components and building services to the professional market. You'll feel proud of the work you do here every day to transform the future of home building and help make the dream of home ownership more achievable. At BFS, we believe building a successful career is not solely defined by a degree. Your experience, skills, and passion are just as important, if not more so. As such, we are committed to creating a diverse and inclusive workplace that welcomes candidates from all backgrounds and experience levels. The Senior, IT Contract Analyst will be responsible for reviewing, analyzing, negotiating, and monitoring various complex IT contracts and agreements. The IT Contract Analyst will facilitate and monitor the contract approval process from contract generation to contract execution for all IT contracts; and serves as the custodian of records for all contracts. Your primary goal will be to ensure compliance with legal and regulatory requirements, mitigate risks, and optimize vendor relationships. This role requires excellent analytical and communication skills, strong attention to detail, and a thorough understanding of IT contract management principles and practices. ESSENTIAL DUTIES AND RESPONSIBILITIES Contracts Administration
- Analyzes vendor technology purchasing decisions, asset purchases, as well as forecasts future needs, and develops insights on market trends and patterns. Utilizes this information to streamline the contract execution process when procuring deliverables or services from vendors.
- Facilitates, participates and leads meetings with internal and external stakeholders to provide guidance on contract related risks, requirements, and terms before execution.
- Conducts complex negotiations with vendors; negotiating key terms, pricing and Service Level Agreements (SLAs).
- Independently reviews, analyzes, and negotiates various IT vendor contracts, including, but not limited to, Software License Agreements, IT Maintenance Agreements, and Reseller Agreements; identifying risks, obligations and opportunities prior to execution.
- Assists in the development and implementation of contract management policies, procedures, and control processes, as requested.
- Ensures contracts are executed in compliance with established policies, regulations, and legal requirements.
- Monitors and coordinates the contract approval process and serves as the Custodian of Records for all contracts.
- Conducts periodic contract audits to verify contractual compliance, ensuring that required legal terms and conditions are included per policy.
Vendor Management
- Seeks to builds and maintain long-term, mutually beneficial vendor relationships with new and existing vendors.
- Monitors vendors performance in alignment with established Service Level Agreements (SLAs) through conducting periodic vendor performance reviews; addressing and mitigating issues with vendor.
- Manages vendor relationships in accordance with regulatory requirements, the established framework, processes, and policies.
- Prepares periodic reports and presentations, as requested, for senior management concerning vendor performance, metrics and key findings.
Financial Management
- Prepares periodic financial reports and presentations, as requested, for senior management.
- Stays informed about IT market industry financial trends to optimize new and existing vendor contract value.
MINIMUM REQUIREMENTS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Bachelor's Degree; preferably in Business Administration, Legal Studies, Finance or related field.
- Legal background is desired.
- Five (5) years of experience as a Contract Analyst or similar role, preferably with a focus on technology.
- Strong understanding of IT contracts, licensing models, and industry-standard terms and conditions or equivalent combination of education and experience.
COMPETENCIES
- Familiarity with legal and regulatory frameworks relevant to IT contracts
- Excellent analytical skills with the ability to interpret complex contractual terms and identify potential risks and opportunities.
- Detail-oriented and organized, with exceptional documentation and record-keeping abilities.
- Effective negotiation and communication skills, with the ability to build and maintain strong relationships with internal and external stakeholders.
- Proficiency in contract management software and MS Office Suite.
- Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
- Knowledge of project management methodologies is a plus.
- Exercise strong integrity and sound judgement.
BFS COMPETENCIES
- Business and Financial Acumen
- Demonstrates depth of understanding for vendor financial analysis as related to contract value.
- Understands contract KPIs and how BFS makes money.
- Understands the importance of vendor relationship building.
- Demonstrates technical expertise with legal, regulatory and risk frameworks relevant to IT contracts.
- Has excellent analytical skills with the ability to understands complex contractual issues and identify contractual risks and opportunities; demonstrating effective problem solving skills when necessary.
- Understands how to effectively negotiate vendor contracts to maximize contract value.
- Results Driven
- Holds self and others accountable.
- Communicates and sets clear goals with plans to deliver.
- Manages competing priorities effectively and demonstrates appropriate urgency.
- Drives to exceed expectations in alignment with our BFS SPICE values by embracing best practices.
- Demonstrates self-starter, can-do attitude.
- Strategic Thinking and Decision Making
- Leverages resources and teams around them to solve problems and create mutually beneficial outcomes.
- Demonstrates willingness and courage to make tough decisions in a timely manner.
- Effectively prioritizes tasks and responsibilities.
- Demonstrates proactive versus reactive thinking.
- Asks questions to analyze situations more accurately.
- Servant Leadership
- Demonstrates humility by putting others first.
- Builds trust-based relationships.
- Leads by example with kindness and respect.
- Collaborates well across all areas of the business.
- Advocates for others
- Actively listens to understand the meaning and intent of what the other person is communicating.
- Demonstrates authenticity and encourages others to do the same.
- Emotional Intelligence
- Demonstrates situational awareness - knows when and how to adjust leadership style in different situations.
- Demonstrates self-awareness - understands strengths and weaknesses.
- Demonstrates empathy - puts themselves in other's shoes.
- Assumes positive intent.
- Growth Mindset
- Demonstrates a growth mindset; takes appropriate risks, fails fast and forward, learns from mistakes.
- Perseveres and champions growth, even in the face of resistance, ambiguity, or possible failure.
- Demonstrates and encourages intellectual curiosity.
- Continuous learner; seeks opportunities and knowledge for personal and professional growth.
- Sees possibilities over problems - actively seeks solutions.
- Innovation
- Encourages out-of-the box thinking to create new ways of doing things.
- Continuously seeks to improve and simplify pain points in the business.
- Anticipates, embraces, and leads change when appropriate.
- Integrity
- Does the right thing even under challenging circumstances.
- Communicates with honesty.
- Consistently treats others fairly and equitably.
- Demonstrates reliability and does what they say they will do.
- Conducts tough conversations and delivers difficult messages with kindness and respect.
WORK ENVIRONMENT / PHYSICAL ACTIVITY The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Work is in an office setting and generally sedentary with physical effort associated with using a computer but may involve walking or standing for brief periods of time.
- May be required to occasionally lift, carry, push, pull, or otherwise move objects up to 25 pounds.
- Occasional travel may be required.
#LI-remote #LI-AB1 Successful, innovative, and fulfilling careers are built here, and your professional development is a high priority. We invest in your future through the latest training, tools, and technologies. Highly collaborative, we work together to solve problems and find better ways to continually grow our business and careers every day. You'll be empowered to try new things, gain new experiences, and build a career with unlimited horizons. The scale and depth of resources that being the #1 building materials distributor in the nation provides a variety of opportunities for you to explore - all in a friendly, people-first environment. Join us to be more, do more, and build more, together at BFS. In addition to the base wage listed, this position is also eligible to earn an annual bonus subject to changes in plan design and documents and in accordance with applicable law. Eligibility and the amount of the bonus varies based on overall company success, thresholds met and other terms and conditions of the Company's active bonus policy for the respective year. At Builders FirstSource, we offer competitive, affordable benefits designed to make life better for you and the people you love. Our goal is simple - provide great plans that help you and your family to live happier, healthier and more secure lives. To view all our benefit offerings click here www.bldrbenefits.com. Builders FirstSource is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status or status as an individual with a disability. In compliance with the ADA Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position with Builders FirstSource, please call (214) 765-3990 or email: ADA.Accommodation@bldr.com. Please do not send resumes to this email address - it is intended only to be used to request an accommodation in submitting an application for a job opening. https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm Pay Transparency Provision - English/Spanish Pay Range: $76,050- 126,750
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