Contract Specialist

Tricore; Albuquerque (NM); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Robust medical, dental, vision, and life insurance

401(k) Retirement Plan with employer matching

Lucrative Paid Time Off (PTO) and nine paid holidays

Job summary

Tricore in Albuquerque, NM, seeks a Contract Specialist to manage all aspects of contract administration. This role focuses on coordinating, negotiating, and monitoring contracts to ensure compliance with regulations and policies.

The ideal candidate will have five years of relevant experience and a high school diploma. The position offers robust benefits, including medical plans and paid time off.

Qualifications

• Five (5) years’ relevant experience in contract administration, accounting, finance or legal.
• Knowledge of Contracting and Procurement processes and terminology.

Responsibilities

• Lead the contract lifecycle management of complex contracts for the department.
• Ensure compliance with federal, state, and local regulations.
• Provide technical assistance to vendors regarding contract inquiries.
• Develop and deliver training on contract management policies.

Skills

Contract management

Negotiation

Attention to detail

Compliance knowledge

Communication

Education

High School diploma or equivalent

Job description

Are you ready to help lead the way to better health?

A career at New Mexico’s largest laboratory means you’re pivotal to advancing medicine and creating healthier communities. But we’re also dedicated to improving the wellness of our employees. With excellent benefits, a culture of integrity, strong work/life balance, and numerous opportunities for career advancement and professional development, we’re confident you’ll love working at TriCore.

Robust medical, dental, vision, life insurance, and many supplemental plans

401(k) Retirement Plan with employer matching

Lucrative Paid Time Off (PTO) and nine paid holidays per year

Scheduled Shift: Monday-Friday 0800-1700 and other shifts as needed.

JOB SUMMARY:

The Contract Specialist is responsible for coordinating and managing all aspects of contract administration within a department. This role includes negotiating, drafting, monitoring, and evaluating contracts to ensure accuracy, effectiveness, and compliance with applicable federal, state, and county regulations, as well as organizational policies.

ESSENTIAL FUCTIONS:

1. Contract Management
   • Independently leads and executes the full contract lifecycle management of complex contracts for the department, including solicitation, negotiation, execution, administration, performance monitoring, and closeout.
   • Exercises sound judgment in interpreting and applying federal, state, and local regulations, mitigating contractual and financial risk, and ensuring compliance with organizational policies.
   • Coordinates all steps for bids, quotes and request for proposal process.
   • Provides technical assistance to vendors regarding contract inquiries, business owner’s expectations, and contract requirements.
   • Serves as a primary resource and advisor to internal stakeholders and vendors, and as a key liaison with Legal, Strategy, and Purchasing to ensure timely, compliant, and effective contract execution in support of operational and capital objectives.
   • Tracks and manages contractual requirements related to scope of work (SOW) refinement, operational activities, and capital projects to ensure accuracy and regulatory compliance.
   • Researches and remains current on available cooperative procurement resources.
2. Conducts regular review and revision of contract management policies and procedures to ensure continued effectiveness, compliance, and alignment with regulatory and organizational requirements.
3. Develops and delivers training to ensure personnel understanding and consistent application of contract management policies, procedures, and system functionality.
4. Coordinates all phases of contract preparation and administration, including vendor contracts, professional services agreements, laboratory services agreements, leases, change orders, amendments, licenses, memorandum of understanding, and other contractual arrangements.

MINIMUM EDUCATION:

• High School diploma or equivalent.

MINIMUM EXPERIENCE:

• Five (5) years’ relevant experience in contract administration, accounting, finance or legal.

OTHER REQUIREMENTS:

• Knowledge of Contracting and Procurement processes and terminology.