Purchasing Contract Analyst - Financial Operations

Summary In the role of Contract Analyst, you will be responsible for reviewing, tracking, and facilitating procurement contract activities; administering supplier contracts; performing contract and spend analytics; supporting sourcing and contract negotiations; and partnering with departments to assess and address their contracting needs. The Contract Analyst will coordinate contract workflows, ensure timely execution, and maintain accurate contract records throughout the contract lifecycle.

This position requires a customer-focused approach and a commitment to fostering a collaborative, service-oriented procurement environment.

Primary Responsibilities Review and negotiate routine contracts, make amendments, provide or obtain appropriate signatures, and work collaboratively with the Office of the General Counsel to finalize routine contracts over authorized limits.

Assess, access, and administer cooperative purchasing organizations’ contracts on behalf of MCW.Analyze supplier contracts to identify areas of opportunity, including cost savings, pricing inconsistencies, renewal risks, and compliance gaps.

Develop and maintain contract performance metrics, dashboards, and reports to measure key performance indicators (KPIs) based on contract activities, including supplier compliance, contract utilization, and savings realization, if unavailable from ERP.Conduct spend analysis to support sourcing strategies, contract negotiations and supplier consolidation initiatives.

Review contract terms and conditions to identify financial, operational, and compliance risks, to ensure proactive contract management and continuity of service.

Perform market research and benchmarking analyses to evaluate supplier competitiveness, pricing trends, and industry best practices.

Support strategic sourcing initiatives by developing financial models, total cost of ownership (TCO) analyses, and business cases for procurement decisions.

Collaborate with internal stakeholders to evaluate contract requirements, help facilitate negotiable commercial terms, and ensure alignment with organizational objectives.

Maintain contract and supplier data integrity within contract lifecycle management (CLM or departmental tracking mechanism), and procurement systems, ensuring accurate reporting and analytics.

Assist with design and implementation of a contract repository that will house all contract documentation, with governance frameworks, reporting methodologies, and analytical tools to enhance effectiveness and contract compliance.

Obtain an understanding of MCW policies and procedures sufficient to discuss and advise departments.

Promote awareness and utilization of approved preferred contracts across the MCW community

Other duties as assigned

Knowledge – Skills – Abilities Strong critical thinking, problem-solving, and analytical skills and the ability to work independently and collaboratively to assess available information, generate creative ideas, draw conclusions and understandings and present such conclusions effectively to stakeholders.

Strong organizational skills and the ability to prioritize and stay focused on assigned priorities.

Advanced verbal and written communication skills that translate to the ability to listen critically and interact with individuals at all levels of the organization

Strong quantitative and analytical capabilities with the ability to interpret data, identify trends/opportunities, and make informed, data-driven recommendations.

Confident and effective presenter with the ability to influence, engage, develop, and work with both internal and external teams to facilitate sourcing initiatives, and communicate outcomes to stakeholders.

Advanced technological skills in Workday and other related data…