Contracts Specialist / Sourcing & Procurement Analyst
Location: Birmingham, ALClient- Alabama Power
Contract- 6 months+Position Summary: We are seeking a motivated and detail-oriented Contracts Specialist to provide essential support to our Contracts Management and Sourcing teams. This individual will assist in end-to-end contract lifecycle activities—from drafting and reviewing to execution and compliance tracking. The role also includes supporting procurement and strategic sourcing functions, particularly for technology-related goods and services, including SaaS, software licensing, and IT equipment.
Key Responsibilities: Contract Administration & Support:
- Assist in the preparation, review, negotiation, and execution of a variety of contracts (vendor agreements, technology contracts, NDAs, SOWs, etc.).Maintain and organize contract records and ensure compliance with corporate policies and legal regulations.
- Track deliverables, renewals, amendments, and key milestone dates.
- Support incorporation of changes, claims disposition, and contract closeout.
- Sourcing & Procurement:
- Lead and support sourcing initiatives including RFIs, RFPs, and vendor selection processes.
- Conduct cost and price analysis, vendor due diligence, and supplier negotiations.
- Collaborate cross-functionally with Legal, Finance, Procurement, and Risk teams to align contract terms with company objectives.
- Technology Contract Support:
- Negotiate contracts for software licenses, subscriptions, hardware, and IT services.
- Support contract compliance related to IT security, data protection, and privacy clauses.
- Identify and help mitigate risks tied to cybersecurity and technology infrastructure.
- Reporting & Compliance:
- Prepare and generate status reports, track project deadlines, and maintain dashboard metrics.
- Ensure adherence to internal compliance policies and applicable laws and regulations.
- Contribute to the development and improvement of contract management systems and processes.
Qualifications
Education:
Bachelor's degree in Business, Supply Chain, Finance, Law, or related field required.
Preferred: Formal education in contract law, procurement, or technology sourcing.
Experience:
0–5 years of experience in contracts administration, sourcing, or procurement support. Exposure to technology-related contract negotiation (SaaS, software, hardware) preferred.
Technical Skills:
Proficient in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint).Familiarity with contract management tools and ERP systems (Oracle, Ariba, SAP, etc.) is a plus.
Key Competencies:- Strong understanding of basic contract law and legal terminology.
- Excellent written and verbal communication skills.
- Highly organized, with strong time management and multitasking abilities.
- Strategic thinking, problem-solving, and analytical skills.
- Comfortable working independently or in cross-functional teams.
- Able to manage multiple projects under tight deadlines with strong attention to detail.
- Preferred Characteristics:
- Self-starter with a proactive attitude.
- Customer-service orientation and collaborative mindset.
- Curiosity and desire to grow in contract law and strategic procurement.
- High level of integrity and ability to manage sensitive and confidential information.