Contracts Specialist

Posted 18 Days Ago
Be an Early Applicant
Weatogue, CT, USA
In-Office
65K-70K
Junior
Professional Services • Real Estate • Social Impact
The Role
Manage corporate and property vendor contracts, inspection reports, licenses, permits, and vendor documentation. Maintain contract databases, track renewals, support acquisitions and management takeovers, verify vendor onboarding, and assist with procurement opportunities. The role also develops procedures, provides risk management analytics, supports contract administration, and performs administrative duties. Strong organization, research, analytical, Microsoft Office, SharePoint, and Excel skills are required.
Summary Generated by Built In

Description

Founded in 1981, Vesta Corporation has grown to be one of the top affordable housing property management companies in the country. As a result of our continued growth, we are pleased to announce the introduction of a new and exciting opportunity. We are seeking a Contracts Specialist, who will join our Risk Management team at our corporate office in Weatogue, CT. 

What we Offer:

At Vesta, we take pride in hiring the best talent in Property Management. We work hard and we have fun doing so. In addition to our generous benefits package, we offer service awards, performance bonuses, team member appreciation events and opportunities for growth. Our benefits include: 

  • Medical, dental & vision insurance 
  • Company matched 401(K). 
  • Paid time off- Vacation, sick, floating holidays 
  • 12 additional paid holidays 
  • Tuition Reimbursement 
  • PetPlan Pet Insurance 
  • Employee Assistance Program 
  • Long & Short-Term Disability Insurance 
  • AND MORE 

The Contract Specialist works to ensure consistent management of all corporate and property vendor contracts, property inspection reports and property licenses and permits with company goals, policies and procedures assuring all clarifications, executions and amendments of negotiations are incorporated into the final archived document. This role requires close collaboration with team members and various departments.

Essential Functions:

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

  • Serve as front line contact for vendor documents and contracts from internal and external requests, ensuring responses are provided in a timely and professional manner.
  • Maintain an organized vendor document database by property or service type that controls all current general service contracts and vendor agreements by determined metadata (expiration dates, rates, services provided) in accordance with record retention policy, compliance with privacy law, and best business practices.
  • When uploading vendor documents, cross check of respective vendor onboarding status in applicable accounting software to ensure timely payment processing.
  • Monitor expiring contracts and agreements notifying appropriate internal Team contacts in a timely manner for contract negotiations and renewal.
  • Create an organized folder path for maintaining new property contracts where they can be easily accessed effectively and efficiently.
  • Lead responses to document and contract requests for all property acquisitions, dispositions and management takeovers.
  • Research, expand and mature procurement opportunities when identified by interdepartmental leads (Operations, Maintenance, Analytic Teams.
  • Develop and document process and procedures to work efficiently and collaboratively to obtain required vendor documents with internal and external parties with assistance of Risk Management Department Lead.
  • Assist in providing insight and recommendations on improvement of contracts and vendor record management administrative procedures and policies.
  • Oversight of generation templated based contracts.
  • Provides departmental analytics to Risk Management Department Lead when requested.
  • Sorting Risk Management department mail and distribute mail to proper internal team members.
  • Filing, copying/scanning, mailing, and assisting with special projects as needed.
  • All other duties as assigned.

Knowledge, Skills and Abilities:

  • Critical thinking skills;
  • high degree of attention to details;
  • highly motivated and able to work independently and within a team;
  • Ability to handle time sensitive requests; excellent organizational and analytical skills.
  • Ability to prioritize and manage multi-tasks in a fast paced and deadline driven environment.
  • Team player on Team projects with the ability to develop cordial, professional relationships with internal and external customers
  • Performs work under general supervision.
  • Handles basic issues and problems and refers more complex issues to higher-level staff.
  • Research skills.
  • Mathematical skills.
  • Advanced knowledge of Microsoft Office products; specifically, SharePoint and Excel Workbook with multiple linked spreadsheets and the Internet.
  • Have basic knowledge of legal contracts and certificates of insurance or prior working experience in the insurance industry.

Interested?  Apply now!!!

Requirements

Required Education and Experience:

  • A bachelor's degree is required for this job and 1 to 2 years of experience.
  • Successful completion of a background check and drug screening required.
  • Valid Driver's License and clean driving record required.

Vesta is an Equal Opportunity/Affirmative Action Employer. Vesta has an ongoing commitment to a diverse workplace free of discrimination and harassment. Vesta recruits, hires, trains, and promotes individuals in all job titles without regard to any protected characteristic, including but not limited to race, color, creed, religion, ancestry, sexual orientation, genetic information, national origin, age, sex, physical or mental disability, being a disabled veteran, veteran of the Vietnam era, or other eligible veteran, or any other protected category under any state or Federal laws. At Vesta, we are committed to a fair and equitable workplace.

Skills Required

  • Bachelor's degree
  • 1 to 2 years of experience
  • Successful completion of a background check
  • Successful completion of a drug screening
  • Valid driver's license
  • Clean driving record
  • Advanced knowledge of Microsoft Office, especially SharePoint and Excel workbooks with multiple linked spreadsheets
  • Basic knowledge of legal contracts and certificates of insurance, or prior experience in the insurance industry
  • Critical thinking, organization, analytical, research, mathematical, prioritization, and multitasking skills
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The Company
HQ: Lanham, MD
201 Employees
Year Founded: 1998

What We Do

Vesta Corporation is a real estate firm that creates, revitalizes, and operates multifamily and senior rental housing communities. Focused on acquisitions & development, redevelopment of affordable housing, precision property management, and resident services, Vesta partners with investors and local stakeholders to deliver strategic real estate investments that support residents’ wellbeing and strengthen communities across multiple states. Headquartered in Weatogue, CT, the company emphasizes sustainable, community-focused housing solutions.

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