CONTRACT COMPLIANCE MANAGER Job in Pittsburgh 15219, Pennsylvania Us

CONTRACT COMPLIANCE MANAGER

JOB SUMMARY AND MISSION

The Contract Compliance Manager audits the company’s execution of contracts and agreements with customers and assesses compliance with terms and conditions.  Performance includes identification and reporting of findings and corrective actions to assist in managing risks as well as supporting and improving profitability.  In this role, the terms and conditions audited extend beyond the agreement's legal terms to include commercial elements.

SUMMARY OF KEY RESPONSIBILITIES

The overall approach includes identification and review of the contractual performance requirements from both the perspective as the supplier as well as the customer.  Reviews will include assessment of changes that provide joint opportunities for enhancing mutual value of each relationship.  Operational reviews address contract compliance, risk mitigation, contract profitability and program enhancement.

More specific responsibilities are outlined as follows:

•  Work with senior management and management of key support functions to assess risks and utilize the risk assessment to identify and prioritize customer contracts and agreements included in the scope of work
•  Gather, review and analyze contract documents governing significant customer relationships for completeness, consistency and accuracy; prepare contract briefs in coordination with Contract Management that abstract and summarize pertinent contractual provisions; maintain the briefs in a permanent file and ensure they are updated with sufficient frequency to reflect contract modifications
•  Prepare summaries of critical contractual and commercial elements, required customer deliverables, and WESCO performance metrics, including scope of products and services, pricing, sales claims and rebates, delivery requirements, transportation, terms of payment, and inventory management commitments
•  Evaluate and test actual pricing and/or cost information to determine compliance with the terms of the agreement; calculate variances, identify root causes of errors, and recommend corrective actions to improve compliance and remediate errors; utilize statistical sampling techniques where appropriate, including selection criteria, expected reliability, and confidence level of results
•  Prepare an overall profitability profile for each customer relationship examined and compare that to the expected performance at the time of quotation or renewal; identify variances in terms of sales volume, product mix, billing and gross margins, operating expenses, and working capital management
•  Define and develop substantive tests based on each contract’s terms to enable timely identification and reporting of critical risks and opportunities supporting joint development of corrective actions to mitigate contractual, financial and operations risks and improved execution of the contract
•  Conduct operational reviews and work with applicable operations management to gather required information and to identify and analyze of financial and operational data; hold conferences with operations management through initiation, conduct and conclusion of examination to cover objectives, findings, conclusions and recommended corrective actions
•  Prepare and distribute operational review reports that detail areas of non-compliance, materiality and associated risks of each non-compliance and recommended corrective actions; include observations and findings that relate to contract profitability, contingent risks, and suggested improvements to business processes
•  Champion identification and implementation of best practices and contract policy and procedural improvements
•  Act as a focal point for third party audits of customer contract compliance, including direct interface with third party auditor and communication between auditor and balance of the organization
•  Establish processes enabling periodic self audits of less significant customer relationships
 
Perform other duties as required.

Job Requirements:

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

• Knowledge of Generally Accepted Accounting Principles and IIA Standards of Professional Practice
• Knowledge of contract formation, development, implementation, execution and administration
• Strong business judgment, decision-making, and analytical skills, including the ability to analyze, understand and communicate the implications of significant and/or unique contractual requirements and provisions as well as understand and communicate the financial and operational impacts of changes in course
• Ability to interact and communicate with and influence all levels of management and staff coupled with the effective teaming skills and ability to perform in a complex cross-functional environment
• Ability to travel up to 25%
• Global business perspective and solid understanding of the company’s business model and technical competency in its corporate policies, operational processes, internal controls and information systems
• Capability of performing in a professional, energetic and mature manner; exhibit a high degree of initiative, creativity and credibility

 

EXPERIENCE

•  Minimum of 15 years of professional experience at escalating levels of responsibility 
•  Experience in one or more of the following is desirable: Project Management, Contract Administration, Pricing, Controllership, Cost Accounting, Financial Planning and Analysis

EDUCATION

•  Undergraduate BA/BS degree in Accounting, Finance or related field or equivalent experience
•  Advanced degree and/or professional designation such as CPA, CMA, CIA or CISA preferred

* EOE/AA


 

Req. Code : 7133 AD
Division/Department : WESCO Distribution, Inc
Skills : Legal - Contract Administration, Contract Review