Contracts Specialist

Stratasys Ltd; Minnetonka (MN); On-site; USD 70,000 - 90,000; Full time

Job summary

Stratasys Ltd in Minnetonka, MN seeks a Contracts Specialist to support the Sales Team by drafting, negotiating and finalizing a broad range of commercial contracts. You will draft, review and negotiate terms, identify risks, and coordinate with customers' procurement representatives to keep deals moving.

The role requires a 2-year degree, 3+ years of US contract negotiation experience, and proficiency with contract drafting and DocuSign.

Qualifications

• 2-year degree in a relevant field or equivalent.
• 3+ years US experience in sales, commercial or contract negotiation.
• Knowledge of general terms in purchase and sale agreements.
• 1+ year experience with contract drafting and customer negotiation.
• 2+ years with DocuSign or similar.

Responsibilities

• Review and negotiate terms of standard commercial contracts.
• Draft, analyze, summarize and propose redlines to contracts.
• Respond to contract terms in RFPs and communicate policies.
• Educate sales on contract vehicles and risk tolerance.
• Escalate issues to legal counsel when needed.
• Identify and report nonstandard terms for review.
• Support contract workflow in CLMS from request to signature.

Skills

Contract negotiation

Legal documentation

Customer negotiation

Risk awareness

Education

2-year degree in Research/Business Administration/Business Law

Tools

DocuSign

Malbek Contract Management

Salesforce

Job description

Contracts Specialist

Location: Minnetonka, MN, US

Job ID: 55307 Category: Legal

Stratasys is a world leader in 3D printing!

Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.

The Contract Specialist is responsible for supporting the Sales Team in the negotiation and preparation of sales contracts. This role prepares, drafts and negotiates contracts based on established contracts and Stratasys policies and legal requirements. The contract specialist will also support the Sales Team in communicating with customers’ procurement representatives.

What you will be doing:

• Review and negotiate the legal terms of a broad range of standard commercial contracts, including purchase order terms, master agreements, confidentiality/non-disclosure, software licensing, and consulting agreements.
• Analyze, interpret, and summarize agreements and contractual terms in a timely manner, drafting alternative clauses where necessary, and proposing redlines and creative solutions in accordance with Stratasys policies and risk tolerance parameters.
• Review and respond to contractual terms in requests for proposals and participate, as necessary.
• Provide responses to requests from internal clients regarding company policies, contractual issues, and risk tolerance, educating sales when appropriate on use of contract vehicles.
• Escalate legal issues to legal counsel for further evaluation or approval when appropriate.
• Identify, report and escalate business issues and nonstandard terms for review and approval at the appropriate level within the business in accordance with Stratasys processes.
• Support the business flow for contracts in CLMS System from initial request through to signature.

Must have for this role:

• 2‑year degree in Research, Business Administration or Business Law or equivalent
• 3+ years of U.S. experience in business, commercial, corporate or contract negotiation with a focus on sales and purchasing agreements
• Knowledge of general commercial terms in purchase and sales agreements
• 1+ year experience with contract drafting, customer negotiation or software agreements required
• 2+ years DocuSign application or similar.

Nice to have:

• Experience in Malbek Contract Management and Salesforce
• 3+ years’ experience working in-house legal team

Travel required: 10%

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Stratasys will provide reasonable accommodations for qualified individuals with disabilities. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.

Stratasys is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their protected Veteran or disabled status and will not be discriminated against for their race, color, religion, sex, age, disability, military status, or national origin or any other characteristic protected under federal, state, or applicable local law. Please view Equal Employment Opportunity Posters provided by OFCCP here