Sr. Contracts Specialist

Reposted 13 Hours Ago
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Bloomington, MN
In-Office
Senior level
Software • Analytics • Hospitality
Founded on a spirit of innovation and collaboration, IDeaS works to provide precise, data-driven decisions users trust.
The Role
The Sr Contracts Specialist manages sales-based contracts, guiding negotiation processes and ensuring compliance with legal and financial standards.
Summary Generated by Built In
Passionate people. Loyal clients. Leading solutions.
With a rich culture of creative collaboration and professional growth, IDeaS' team members build successful careers with us.
IDeaS is proud to be a global powerhouse of innovation and excellence; challenge and reward. No matter where we're working, our teams come together to create leading revenue management solutions that accelerate our clients' growth through revenue optimization.
Now we just need you!
The Sr Contracts Specialist coordinates and manages the administration of new and existing sales-based contracts with clients and provides guidance to Sales and Client Account teams to aid in the negotiation of contracts to ensure commercial and legal terms are accurate, manageable, and align with company finance policies. This is an hourly rate contract role initially for 6 months, on a hybrid working balance (we require this person to be in the Bloomington office 3 days a week). Please only apply if you are happy to consider a contract role.
What you'll be doing...
  • Coordinates the review and processing of standard contracts (80% of all sales contracts) that originate in the field including the final execution of the contract document and related placement of documents in Salesforce for reference.
  • Reviews and assesses client contract documents for new services which often require non-routine contract management.
  • Establishes framework for administering non-standard contracts to ensure compliance with contractual terms and conditions, company policies and client expectations.
  • Understands and assesses implications of legal and commercial contract terms on proper revenue recognition criteria.
  • Works closely with Sales, Finance, Legal, and other internal teams in preparing 3rd party contracts related to the company's sales activities, which includes modifying language in contracts to track company's established business and legal policies.
  • Independently analyzes unusual contractual requirements and applies knowledge of company policies and procedures to produce contract documents that meet high standards of legal protection.
  • Provides guidance to other Contracts staff as well as the Sales team on contract administration processes.
  • Periodically reviews and assesses vendor/supplier contract documents.
  • Performs other duties as assigned.

What you'll bring to us
  • 5+ years of contract administration experience with 2 years minimum involving supplier-side software and services agreements.
  • Proficient in drafting and negotiating supplier-side software and services agreements.
  • Solid understanding of basic principles of contract law.
  • Must be flexible in order to meet needs and timelines of global clients operating in various time zones.
  • Excellent written and oral communication and interpersonal skills.
  • Excellent time management and organizational skills.
  • Ability to manage a heavy workload in a multi-task environment within specified deadlines with minimal supervision.
  • Proficient in the use of SalesForce.com, Microsoft Office suite of products (i.e. Excel, Word, Outlook), and contract-based software applications.
  • Highly ethical.
  • Travel as business requirements dictate at management discretion

We Support Who You Are....
As a global company, we strive to create an inclusive environment where diverse perspectives spark innovation and meet the challenges of an evolving world. Whether you're launching a new career or expanding your current one, IDeaS is a company where you can balance great work with all other aspects of your life.
At IDeaS, we also aspire to live our values each day by being Accountable, Curious, Passionate and Authentic. And we continue our quest to build a more inclusive environment that attracts, represents and provides a place for diverse ideas, unique perspectives, and authentic voices.
Additional Information:
To qualify, applicants must be legally authorized to work in the United States , and should not require, now or in the future, sponsorship for employment visa status.
SAS is an equal opportunity/Affirmative Action employer. All qualified applicants are considered for employment without regard to race, color, religion, gender, sexual orientation, gender identity, age, national origin, disability status, protected veteran status or any other characteristic protected by law. Read more: Know Your Rights .
Equivalent combination of education, training, and relevant experience may be considered in place of the education requirement stated above.
Resumes may be considered in the order they are received.
IDeaS/SAS employees performing certain job functions may require access to technology or software subject to export or import regulations. To comply with these regulations, IDeaS/SAS may obtain nationality or citizenship information from applicants for employment. IDeaS/SAS collects this information solely for trade law compliance purposes and does not use it to discriminate unfairly in the hiring process.
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The Company
HQ: Bloomington, MN
702 Employees
Year Founded: 1989

What We Do

IDeaS is a company of innovators, collaborators, and educators. Founded in 1989, with the goal to revolutionize revenue management for businesses worldwide. The company's founders were pioneers in revenue science, and IDeaS has continued to lead the way in this field ever since, particularly in the hospitality and travel industries.

We use advanced mathematics and industry expertise to turn data into accurate, automated, and actionable revenue-enhancing decisions. Decades of innovation and refinement have resulted in IDeaS' revenue science solutions, which have proven to be precise, data-driven, and reliable for clients.

Our company has a history of continuous evolution and reinvention, driven by passionate and curious individuals. IDeaS uses the most advanced technologies, including deep machine learning, artificial intelligence, and SAS analytics, to push the limits and invent the future of revenue management.

IDeaS' vision is to turn a world of data into a world of intelligent decisions. Our mission is to provide innovative analytics solutions that optimize total revenue performance for hospitality and select industries. Our company doesn't just offer recommendations. We provide accurate, automated, and actionable decisions.

In the end, IDeaS is a company that uses revenue science to help businesses grow revenue faster, and our methods are tested, proven, and constantly evolving. Come join us on our journey!

Why Work With Us

IDeaS invests in employees' growth through training programs and innovative projects that feature cutting-edge technology to stay ahead of industry trends. Our high employee and client retention rates prove we’re a stable, successful team. Plus, our top-notch benefits ensures that employees are well taken care of both on and off the job.

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IDeaS Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Not Specified
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HQBloomington, MN
US
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SG
Medmenham, GB
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Pune, Maharashtra
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