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Contracts Analyst

Job Description

The targeted hiring range for this full-time position is $62,600 - $84,500 depending on qualifications; however, the expanded salary range provides opportunities for advancement. Our salary ranges are determined by role, level, and job location. Within the range, individual pay is determined by factors including job-related skills, competencies, experience, and relevant education, training or a combination of these things and market demand. Your recruiter can share more about the specific salary range and benefits for your location during the hiring process.

Our comprehensive benefits package for full-time employees includes medical, dental, and vision coverage, along with health savings and flexible spending accounts, life and disability insurance, generous paid time off and holidays, a 401(k) match, employee discounts, and valuable well-being benefits like free EAP services, financial planning assistance, and well-being coaching all designed to support your health and financial security.

Red Wing Shoe Company is seeking a Contracts Analyst to join our Revenue Enablement team within Revenue Operations. This is a great opportunity for someone with contract review, drafting, and legal experience to support Red Wing’s diverse sales teams while mitigating risk to the company.

The Contract Analyst will be a main point of contact for internal and external stakeholders relating to contract compliance, drafting contracts and amendments, and adherence to corporate Menu of Services, Standard Operating Procedures, and operation policies. This role will help identify opportunities for improvement in the contracting process and systems while ensuring scalability and speed to market in support of compliant customer facing sales contracts/agreements.

Essential Duties:

Working closely with the Global Contracts and Enablement team, you will:

  • Assist in drafting, redlining, and negotiating supply of goods agreements, NDAs, and contract amendments.
  • Perform contract review to identify areas of risk in third party MSAs, consignment agreements, purchase orders, bid proposals and propose Red Wing approved standard terms as well as compliance with applicable legal rules
  • Review contracts to identify notable provisions to help train Red Wing’s contract lifecycle management (CLM) system on clause identification.
  • Providing support to other departments with contract-related questions and issues
  • Advising stakeholders on contract terms and their implications
  • Maintain thorough familiarity with company policies and procedures regarding the processing of agreements in accordance with SOPs and Menu of Services. Identify, develop, and implement Standard Operating Procedures, including documentation, for improvements to contract management processes to enhance efficiency and effectiveness.
  • Perform a variety of audits and process documentation to outline and establish current process to help inform areas for improvement, automation, etc.

 

Qualifications

Qualified candidates must have a bachelor’s degree; with a minimum of 3 years’ experience negotiating and reviewing a broad range of agreements, with working knowledge of data privacy and security issues related to technology and data transfer.

Paralegal certificate or JD is required. Experience with General Services Administration contract administration is a plus.

Candidates should have a solid understanding of the contracting process from negotiation through execution, preferably in goods or materials purchase agreements; Detailed oriented with strong negotiation skills, and possess the ability to prioritize and drive multiple tasks simultaneously; Excellent interpersonal skills and professional oral and written communication skill; Ability to communicate with diverse people at all levels of an organization, internal and external teams, and stakeholders, and be versed at developing effective relationships and partnerships via collaboration; Technologically adept, with excellent software skills, including but not limited to MS Excel, MS Word, and MS PowerPoint. Experience with Salesforce.com and Contract Management Lifecycle (CLM) tools is preferred. 

Work Environment: 

This role is a hyflex work arrangement; primarily remote work availability, but onsite work per business needs, located at our Red Wing, MN headquarters office.

Additional Information

Red Wing Shoes is an Equal Opportunity Employer.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
Individuals with disabilities needing assistance in completing an application may contact [email protected] or call 651-388-8211.

Please view Equal Employment Opportunity Posters provided by OFCCP at https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm

All offers of employment are contingent on satisfactory results of a background check.

Red Wing Shoe Company, Inc. is a drug-free workplace.

Red Wing Shoe Company will not be using recruitment agencies or firms to fill this position and we will not accept unsolicited resumes or candidate information. No agency calls please.

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Average salary estimate

$73550 / YEARLY (est.)
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$62600K
$84500K

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What You Should Know About Contracts Analyst, Red Wing Shoe Company

Exciting opportunity alert! Red Wing Shoe Company is on the lookout for a talented Contracts Analyst to join our dynamic Revenue Enablement team within Revenue Operations. If you have a passion for contract management and a knack for legal intricacies, this could be the perfect fit for you! As a Contracts Analyst, you’ll play a pivotal role in supporting our diverse sales teams while mitigating risks associated with contracts. Your expertise in contract review, drafting, and negotiating will be highly valued as you assist in the drafting of supply agreements, NDAs, and contract amendments. You’ll have the chance to review contracts thoroughly to highlight areas of risk and compliance, providing vital training to our contract lifecycle management system. We pride ourselves on collaboration, so you’ll be the go-to person for both internal and external stakeholders needing guidance on contract implications. Your analytical skills will shine as you identify areas for improvement in our contracting processes—helping us maintain efficiency and scalability. And yes, we believe in investing in you! Our comprehensive benefits package includes health coverage options, generous paid time off, a 401(k) match, and plenty more to support your well-being. So if you're ready to enhance your career at Red Wing and contribute directly to our success, we want to hear from you!

Frequently Asked Questions (FAQs) for Contracts Analyst Role at Red Wing Shoe Company
What are the main responsibilities of a Contracts Analyst at Red Wing Shoe Company?

As a Contracts Analyst at Red Wing Shoe Company, you'll focus on contract drafting and review, managing compliance, and supporting various sales teams. Your responsibilities will include negotiating supply agreements, NDAs, and amendments, while advising on contract terms and identifying areas of risk in third-party agreements. Overall, you’ll be instrumental in enhancing our contract management processes.

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What qualifications are needed for the Contracts Analyst role at Red Wing Shoe Company?

To qualify for the Contracts Analyst position at Red Wing Shoe Company, candidates must hold a bachelor's degree and possess at least 3 years of experience in contract negotiation and review. A paralegal certificate or a JD is required, and knowledge of data privacy issues relevant to technology is crucial. Strong negotiation skills and the ability to multitask effectively are also essential.

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What does the work environment look like for the Contracts Analyst position at Red Wing Shoe Company?

The Contracts Analyst role at Red Wing Shoe Company offers a hyflex work arrangement. This means that while most of your work can be done remotely, there will be occasions when you might need to be onsite at our Red Wing, MN headquarters. We value flexibility while ensuring our teams are adequately supported.

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How does Red Wing Shoe Company support the professional development of its Contracts Analysts?

At Red Wing Shoe Company, we are committed to the growth of our employees, including Contracts Analysts. Professional development is fostered through continuous training opportunities, mentorship programs, and workshops that help enhance your skills in contract management and negotiation. We believe that developing our talent is key to our success.

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What skills are important for success as a Contracts Analyst at Red Wing Shoe Company?

Successful Contracts Analysts at Red Wing Shoe Company should possess strong analytical and negotiation skills, attention to detail, and excellent communication abilities. Collaboration is key, so being able to build relationships with internal and external stakeholders is essential. Additionally, familiarity with contract management tools and a strong understanding of the contracting process will greatly benefit your performance in this role.

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Common Interview Questions for Contracts Analyst
Can you describe your experience drafting and negotiating contracts as a Contracts Analyst?

When answering this question, share specific examples of contracts you've worked on. Highlight the types of agreements you drafted, any challenges you faced during negotiation, and the outcomes of those experiences. This showcases your practical knowledge and problem-solving skills in real-world scenarios.

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How do you approach risk assessment in contract reviews?

In your response, explain your method for identifying risks in contracts. Discuss your focus on key terms, compliance issues, and how you advise stakeholders. Make sure to highlight any tools or systems you utilize to keep track of these assessments.

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What strategies do you use to manage multiple contracts simultaneously?

Explain your organizational skills and any project management tools you may use. Discuss prioritizing tasks based on deadlines, the complexity of agreements, and stakeholder needs, demonstrating your ability to balance workload effectively.

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How familiar are you with contract lifecycle management systems?

Discuss any specific systems you've used, how you've utilized them to streamline your work, and any improvements you made to existing processes. Providing examples will show how you leverage technology to enhance contract management.

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Can you give an example of a challenging negotiation and how you handled it?

When responding, share a specific instance where you faced significant challenges during negotiations. Focus on your approach to reaching a compromise, the tactics you employed, and the outcome. This helps the interviewer gauge your negotiation skills and resilience.

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What contractual provisions do you think are most important?

Address this by discussing provisions that are typically vital in contracts, such as indemnity clauses, confidentiality obligations, and payment terms. Explain why these are important from a risk management perspective.

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How do you ensure compliance with laws and regulations in contract drafting?

Highlight your understanding of relevant laws and regulations that impact contracts in your industry. Discuss the strategies you implement to stay updated on legal changes and how you integrate this knowledge into your contract drafting process.

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What was the most difficult contract you reviewed, and why?

Choose a contract that posed significant challenges due to complexity or negotiation difficulties. Describe the specific issues you faced and how you resolved them, demonstrating your critical thinking and problem-solving abilities.

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How do you handle disagreements between stakeholders about contract terms?

Emphasize your conflict resolution skills. Discuss how you facilitate discussions between the parties involved, focusing on understanding each viewpoint and working towards a fair resolution that aligns with company policies and practices.

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What do you consider your greatest strength as a Contracts Analyst?

Reflect on your key strengths that align with the Contracts Analyst role. This could include negotiation skills, attention to detail, or interpersonal communication. Provide examples of how this strength has benefitted your teams or previous employers.

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Founded in 1905, Red Wing Shoes is an American footwear company that carries a full line of work boots for all industries and work sites. Red Wing is headquartered in Red Wing, Minnesota.

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Full-time, hybrid
DATE POSTED
December 21, 2024

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