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Contracts Administrator

Alo is seeking a Contracts Administrator to enhance operational excellence in its Legal department, collaborating with various teams to manage the contract lifecycle efficiently.

Skills

  • Legal terminology
  • Contract law
  • Negotiation skills
  • Communication skills
  • Analytical skills

Responsibilities

  • Oversee the entire contract lifecycle with vendors, customers, and partners
  • Put systems in place to optimize contract management
  • Ensure compliance of legal documents
  • Work closely with internal stakeholders to address contract-related issues
  • Monitor and analyze contract performance

Education

  • Bachelor's degree in business, law, or a related field

Benefits

  • 401K
  • Medical, dental, and vision plans
  • Discount on company products
  • Onsite gym
  • Daily yoga classes
To read the complete job description, please click on the ‘Apply’ button
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CEO of Alo Yoga
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Average salary estimate

$104000 / YEARLY (est.)
min
max
$83200K
$124800K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Contracts Administrator, Alo Yoga

Alo is excited to announce an opening for a Contracts Administrator based in Beverly Hills, California. If you're passionate about mindful movement and want to join a company that believes in the practice of yoga extending beyond the studio, then this role is perfect for you. As the Contracts Administrator, you'll be instrumental in enhancing operational excellence within our dynamic Legal department. You will oversee each stage of the contract lifecycle, ensuring that all agreements are executed efficiently and comply with our company policies. You'll collaborate closely with various internal teams, including procurement and business units, making sure everyone is aligned on contract management. Your contributions will include developing strategies to optimize our contract processes, analyzing contract performance, and providing training to internal teams about legal matters. Whether you're negotiating deals or managing vendor relationships, your impact will resonate throughout the company. The role requires at least three years of experience in legal operations and contract management, along with strong analytical, communication, and negotiation skills. With a competitive compensation package, which includes benefits such as onsite yoga classes, daily wellness activities, and a supportive work environment, Alo is committed to your growth and well-being. Join us in creating a community that elevates living through mindful practices.

Frequently Asked Questions (FAQs) for Contracts Administrator Role at Alo Yoga
What does a Contracts Administrator do at Alo?

As a Contracts Administrator at Alo, you'll play a pivotal role in managing the entire lifecycle of contracts. This includes negotiating, executing, and monitoring compliance with company policies and legal regulations. You'll work closely with the legal team and various departments to enhance efficiency and address any contract-related issues.

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What qualifications are required for the Contracts Administrator position at Alo?

To qualify for the Contracts Administrator role at Alo, you should have a bachelor's degree in business, law, or a related field, plus a minimum of three years' experience in legal operations and contract management. Familiarity with Microsoft Office Suite and legal compliance is also important.

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What skills are essential for the Contracts Administrator job at Alo?

Essential skills for the Contracts Administrator position at Alo include excellent negotiation and analytical skills, strong attention to detail, and the ability to manage multiple priorities effectively. A proactive approach to problem-solving and collaboration with diverse teams are vital for success in this role.

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What is the compensation range for the Contracts Administrator role at Alo?

The base pay range for the Contracts Administrator position at Alo is between $40 to $60 per hour. This range can vary based on factors such as experience, location, and overall performance, reflecting Alo's commitment to offering a competitive total rewards package.

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What benefits does Alo offer for the Contracts Administrator role?

Alo offers a comprehensive benefits package for the Contracts Administrator role, including competitive medical, dental, and vision plans, a 401K, discounts on Alo products, and access to daily yoga classes and a gym. These benefits reflect our commitment to fostering a wellness-oriented workplace.

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Common Interview Questions for Contracts Administrator
How do you ensure compliance in contract management?

In an interview for the Contracts Administrator role at Alo, emphasize the importance of staying updated with legal regulations and company policies. Discuss how you systematically review contracts for compliance and collaborate with multiple departments to ensure all agreements meet compliance requirements.

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Can you describe your experience with contract negotiation?

When answering this question, highlight specific examples of contracts you have negotiated, emphasizing the strategies used to achieve favorable terms while maintaining strong relationships with stakeholders. Mention any tools or software like Ironclad that you’ve utilized in the process.

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What steps do you take to optimize contract processes?

Discuss your approach to identifying bottlenecks in contract management and implementing best practices. Share a specific example where your intervention led to increased efficiency, such as automating certain tasks or improving cross-department communication.

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How do you handle disputes arising from contracts?

In responding to this question, demonstrate your problem-solving skills. Describe a specific situation where you successfully resolved a contract dispute, emphasizing your capability to negotiate solutions that satisfied all parties involved.

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What metrics do you use to analyze contract performance?

Explain the various metrics and reports you utilize to monitor contract compliance and effectiveness. Mention examples such as tracking renewal dates, performance benchmarks, or financial implications and how you present these metrics to stakeholders.

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How do you prioritize competing deadlines in contract management?

Discuss your organizational strategies, such as using digital calendars or project management tools, to keep track of multiple contracts and deadlines. Explain how you assess the urgency and importance of each task to prioritize effectively.

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How do you ensure effective collaboration across departments?

Share your methods for fostering strong relationships with different teams, such as regular check-ins, creating shared documents, and open communication channels. Provide an example of how your collaborative efforts improved contract outcomes.

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What experience do you have with vendor management?

Discuss your experience managing relationships with external vendors. Include details about how you assess vendor performance, provide feedback, and ensure that their services align with your company’s expectations.

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How do you keep yourself updated on legal compliance requirements?

Describe your commitment to continual learning in the legal field. Mention relevant resources you follow, such as industry publications, webinars, or professional organizations that keep you informed about changes in legal compliance.

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Can you describe a challenging contract you managed?

Provide an example of a particularly challenging contract situation you faced, detailing how you navigated the complexities involved and the strategies you implemented to ensure successful outcomes. Highlight your problem-solving and negotiation skills.

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Spreading mindful movement, inspiring wellness and creating community. These goals inspire everything we do at Alo. We are relentless about making the best yoga clothing in the world explicitly to inspire yogis (and yogis to be) to have more yog...

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FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$83,200/yr - $124,800/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
January 7, 2025

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