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Contract Analyst

Overview

Who we are

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for talented team members who want to Dream. Do. Grow. with us.

An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment.

To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time.

What we’re looking for

We are seeking a detail-oriented Contract Analyst responsible for drafting straightforward contract documents, efficiently triaging contract requests to the appropriate function based on complexity, and ensuring timely monitoring and processing to meet established service level agreements (SLAs). The ideal candidate will have strong organizational skills, a keen eye for detail, and proficiency in managing contract data and documentation in the Ariba system.

What you’ll be doing

  • Create and draft simple contract documents, ensuring accuracy, compliance, and adherence to company policies.

  • Assess incoming contract requests, determining the complexity of each request, and route to the appropriate team or function based on established guidelines.

  • Track contract progress to ensure timelines align with service level agreements (SLAs), proactively addressing delays or bottlenecks and communicating status updates to relevant stakeholders.

  • Maintain and manage contract-related data for reporting purposes, ensuring data accuracy and providing insights to support decision-making.

  • Organize and store all contract documents and associated records within the Ariba system, maintaining compliance with recordkeeping policies and supporting efficient retrieval.

  • Recognize contract hierarchy and operate as the main point of contact with procurement buyers, business units, suppliers, and the legal department.

Qualifications/ What you bring

  • Bachelor’s degree or paralegal certification with relevant work experience

  • Familiarity with contract management systems, specifically SAP Ariba

  • Proficiency in MS office Suite

Added bonus if you have

  • Experience with Tableau

  • Knowledge of contract lifecycle management and experience working in a regulated industry, such as finance or automotive.

  • 3+ years of relevant work experience

  • Strong interpersonal skills

What we’ll bring
During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include: 
•    A work environment built on teamwork, flexibility, and respect
•    Professional growth and development programs to help advance your career, as well as tuition reimbursement
•    Team Member Vehicle Purchase Discount
•    Toyota Team Member Lease Vehicle Program (if applicable)
•    Comprehensive health care and wellness plans for your entire family
•    Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute
•    Paid holidays and paid time off
•    Referral services related to prenatal services, adoption, childcare, schools and more
•    Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)
•    Relocation assistance (if applicable)
 

Belonging at Toyota

Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members’ efforts to dream, do and grow without questioning that they belong.

Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.

Have a question, need assistance with your application or do you require any special accommodations? Please send an email to talent.acquisition@toyota.com.

Average salary estimate

$67500 / YEARLY (est.)
min
max
$60000K
$75000K

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 Analyst, Toyota

Are you ready to take on the role of Contract Analyst with Toyota Financial Services in Plano, Texas? We're looking for someone who thrives in a collaborative environment and has a passion for detail. In this role, you will play a vital part in drafting and managing straightforward contract documents, ensuring compliance and accuracy while keeping everything organized with our Ariba system. You'll be the go-to person for assessing incoming contract requests and determining how to best route them based on their complexity. Monitoring contract progress is crucial, and we need someone proactive who can address any potential delays swiftly. Your strong organizational skills will be essential as you maintain contract-related data for insightful reporting. Beyond just crunching numbers and drafting documents, you'll also enjoy a supportive workplace that emphasizes teamwork, professional growth, and a range of benefits designed for you and your family. At Toyota, we value every team member’s unique contributions and believe that a diverse workforce is key to our success. So, if you're looking to grow with an innovative company and ensure that all our contract processes are top-notch, we would love to hear from you. Join us at Toyota, where you can dream, do, and grow together with a team that genuinely cares.

Frequently Asked Questions (FAQs) for Contract Analyst Role at Toyota
What are the main responsibilities of a Contract Analyst at Toyota Financial Services?

As a Contract Analyst at Toyota Financial Services, your primary responsibilities include drafting straightforward contract documents, triaging contract requests based on complexity, tracking contract progress to meet service level agreements, and managing contract data within Ariba. You'll ensure compliance with company policies and serve as the main point of contact for procurement and legal departments.

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What qualifications are required to become a Contract Analyst at Toyota Financial Services?

To qualify for the Contract Analyst position at Toyota Financial Services, you need a bachelor’s degree or paralegal certification along with relevant work experience. Familiarity with contract management systems like SAP Ariba and proficiency in MS Office Suite are essential. Experience in regulated industries and knowledge of contract lifecycle management is a plus.

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What tools do Contract Analysts at Toyota Financial Services use for managing contracts?

At Toyota Financial Services, Contract Analysts utilize tools like the Ariba system for document management and tracking contractual data. Proficiency in MS Office Suite is also required for handling various aspects of contract management efficiently.

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How does Toyota Financial Services support the professional growth of Contract Analysts?

Toyota Financial Services is committed to professional development, offering growth programs and tuition reimbursement to help Contract Analysts advance in their careers. You'll also have access to a supportive environment that values teamwork and flexibility.

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What is the work culture like for a Contract Analyst at Toyota Financial Services?

The work culture for Contract Analysts at Toyota Financial Services is built on collaboration, respect, and inclusivity. The team emphasizes a supportive environment where all voices are heard and valued, fostering a space where you can thrive, dream, and grow.

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Common Interview Questions for Contract Analyst
Can you explain your experience with contract drafting and management?

When answering this question, highlight specific contracts you have drafted, your familiarity with contract management systems, and any processes you followed to ensure compliance. Mention any challenges faced and how you addressed them.

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How do you prioritize contract requests with varying complexities?

To effectively prioritize contract requests, discuss the methods you use to assess complexity and determine the urgency of tasks. You might mention using a systematic approach or a tracking system to ensure deadlines are met.

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What strategies do you use to maintain data accuracy in contract management?

Highlight your attention to detail and methods for double-checking data input, conducting regular audits, or using automated tools to maintain accuracy. Emphasize the importance of accurate reporting for decision-making.

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How do you handle delays in the contract approval process?

Discuss your proactive communication skills and how you address bottlenecks by collaborating with relevant stakeholders. Be prepared to give examples of how you’ve resolved similar situations in the past.

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What role does teamwork play in the contract analysis process?

Explain the importance of collaboration within the team and across departments. Describe how you enjoy working with procurement buyers and the legal department to ensure smooth operations and adherence to company policies.

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Describe your experience with intradepartmental communication regarding contracts.

Provide examples of how you've facilitated communication between teams, perhaps by detailing a specific project that required collaboration with different departments. Emphasize your interpersonal skills.

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How do you ensure compliance with company policies while drafting contracts?

Discuss the importance of understanding company policies and guidelines, and how you incorporate them into your drafting process. Mention any checklists or review processes you follow to ensure adherence.

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What contract management systems have you worked with in the past?

Be specific about your experience with systems like SAP Ariba, detailing your proficiency and how you used these systems to streamline contract processes effectively.

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How do you deal with conflicting priorities when managing multiple contracts?

Outline your prioritization strategies, perhaps mentioning time management techniques like the Eisenhower Box or other frameworks that help you deal with conflicting deadlines effectively.

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What contributes to a successful contract negotiation?

Discuss the skills essential for successful negotiations, such as effective communication, understanding the needs of all parties involved, and being prepared with data and alternative proposals to achieve win-win solutions.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 22, 2025

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