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Contract Compliance Specialist - job 1 of 2

The City of Fort Worth is seeking a qualified Contract Compliance Specialist for their Property Management Department. The role focuses on enhancing procurement processes and managing contract lifecycles.

Skills

  • Contract management
  • Analytical skills
  • Communication skills
  • Attention to detail
  • Microsoft Office proficiency

Responsibilities

  • Conducting research of cost-effective procurement options.
  • Developing or updating contract specifications.
  • Contract monitoring throughout their life cycle.
  • Drafting and routing contracts, renewals, and amendments.
  • Assisting in managing the contract tracking database.
  • Reviewing revenue and expenditures for service contracts.
  • Compiling and analyzing data for audits.

Education

  • Bachelor’s degree in Public Administration, Business Administration, Finance or related field

Benefits

  • 11 Paid Holidays
  • Medical, Dental, Vision
  • Paid Time Off
  • Pension Plan
  • Professional Development Opportunities
To read the complete job description, please click on the ‘Apply’ button

Average salary estimate

$63087.5 / YEARLY (est.)
min
max
$54871K
$71304K

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 Contract Compliance Specialist, The City of Fort Worth

The City of Fort Worth is on the lookout for a dynamic Contract Compliance Specialist to join their Property Management Department (PMD)! This is an exciting opportunity for you to contribute to a team dedicated to serving nearly 1,000,000 residents. If you're someone with a degree in Public Administration, Business Administration, Finance, or a related field, this role might be your perfect fit! Reporting directly to the Sr. Contract Compliance Specialist, you'll work hard in a bustling environment where no two days are the same. Your main duties will involve conducting research on cost-effective procurement options, developing contract specifications, and overseeing contracts from initiation to execution. You will also monitor expenditures to ensure compliance with contract specifications. The City takes pride in offering a fantastic compensation range of $26.38 to $34.30 per hour alongside a comprehensive benefits package that includes 11 paid holidays, medical, dental, and vision coverage, as well as professional development opportunities. If you’re detail-oriented and love working with data, you’ll also be responsible for maintaining the contract tracking database and even compiling data for audits. Not only does this position offer intellectual stimulation, but it also enables you to engage with a diverse workforce while promoting values of exceptional customer experience and mutual respect. Are you eager to join a rewarding role that truly makes a difference? Come be a part of a team that values accountability and continuous improvement! Your journey to an exciting career in contract compliance starts here!

Frequently Asked Questions (FAQs) for Contract Compliance Specialist Role at The City of Fort Worth
What qualifications do I need to apply for the Contract Compliance Specialist position at the City of Fort Worth?

To apply for the Contract Compliance Specialist position at the City of Fort Worth, a Bachelor’s degree in Public Administration, Business Administration, Finance, or a related field is required. While no prior experience is necessary, having a valid Texas driver's license is mandatory. Preferred qualifications include experience in contract development, data analysis, and proficiency in Microsoft Office applications.

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What are the key responsibilities of the Contract Compliance Specialist at the City of Fort Worth?

The key responsibilities of the Contract Compliance Specialist at the City of Fort Worth include conducting research on procurement options, developing contract specifications, monitoring contracts throughout their lifecycle, assisting in the management of the contract tracking database, reviewing service contract expenditures, and compiling data for audits and budget development.

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What is the pay range for the Contract Compliance Specialist position in Property Management?

The pay range for the Contract Compliance Specialist position at the City of Fort Worth is between $26.38 and $34.30 per hour. This competitive salary reflects the important work you will do in this role, along with a robust benefits package that includes medical, dental, vision coverage, and paid time off.

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Can I apply for the Contract Compliance Specialist role without prior experience?

Yes! The City of Fort Worth welcomes applications for the Contract Compliance Specialist position even if you do not have prior experience. This role is suitable for recent graduates or those transitioning into a new career. Relevant experience is preferred, but strong analytical and communication skills are equally valued.

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What are the working hours for the Contract Compliance Specialist position at the City of Fort Worth?

The working hours for the Contract Compliance Specialist position at the City of Fort Worth are Monday to Friday, from 8 am to 5 pm. This full-time schedule allows for a healthy work-life balance while contributing to important municipal functions.

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Common Interview Questions for Contract Compliance Specialist
Can you describe your understanding of the contract lifecycle?

In answering this question, it's important to detail the stages of the contract lifecycle including the planning stage, initiation, execution, monitoring, and closure. Mention any specific examples where you've managed or monitored contracts to demonstrate your understanding.

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How do you prioritize tasks when managing multiple contracts?

Discuss your approach to task prioritization, emphasizing your skills in organization and time management. Provide examples from past experiences where you successfully managed deadlines or numerous tasks under pressure.

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What methods do you use to ensure compliance with contract specifications?

Describe your experience with regular monitoring of contracts and detail any specific compliance checks you've implemented in previous roles. Mention the importance of communication with vendors and stakeholders in this process.

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How proficient are you in using Microsoft Office applications for data analysis?

Share specific examples where you've used Microsoft Excel for analyzing data related to contracts. Highlight any skills such as pivot tables, VLOOKUP, or other advanced functions that you've harnessed to summarize and analyze financial data.

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How do you handle discrepancies in contract compliance?

Talk about your method for identifying discrepancies, how you investigate the causes, and the steps you take to resolve them. Stress the importance of documentation and clear communication.

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Can you explain a time you successfully collaborated with internal or external stakeholders?

Frame your response around a specific project where teamwork was crucial. Discuss the roles of different stakeholders, how you communicated effectively, and the successful outcome of the collaboration.

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What experience do you have with budget development?

In response, highlight any previous work that involved budget preparation. Include specifics about how you collaborated with other departments or managed finances to support contract compliance.

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Describe your approach to research when sourcing procurement options.

Detail your methodical approach to researching, comparing, and evaluating various procurement options. Emphasize your analytical skills and any tools or databases you might have experience using.

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How would you manage updates to existing contracts?

Explain your understanding of the process for contract modifications, including drafting amendments, obtaining approvals, and communicating changes to all parties involved. Provide examples of past experiences with success in contract renewals or changes.

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What strategies do you employ to maintain accurate records of contracts?

Convey the importance of organization and the use of digital tools for tracking contracts. Discuss any specific systems or software you have experience with that supports effective contract management.

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Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly 350 square miles into four other counties: Denton, Parker, Wise, and Johnson.

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DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$54,871/yr - $71,304/yr
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
January 11, 2025

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