Innova Solutions has a client that is immediately hiring for a Contract Analyst
Position type: Full-time, Contract
Duration: 24 Months
Location: Oakbrook Terrace IL 60181-Hybrid
As a Contract Analyst , you will:
Job Description:
An EPC (Engineering, Procurement, and Construction) Contract Analyst is responsible for managing and analyzing contracts in projects that involve engineering, procurement, and construction activities. This role is crucial in ensuring compliance, mitigating risks, and optimizing contract performance throughout the project lifecycle.
Responsibilities:
1. Contract Administration: - Review, draft, and negotiate EPC contracts and related documents. - Monitor contract performance and compliance with terms and conditions. - Maintain organized records of contracts and related correspondence.
2. Risk Management: - Identify, assess, and mitigate risks associated with contract terms and execution. - Conduct risk assessments and provide recommendations for contract modifications or enhancements.
3. Cost Analysis: - Analyze contract costs and pricing structures to ensure alignment with project budgets. - Prepare cost estimates and financial reports related to contracts.
4. Collaboration: - Work closely with project managers, legal teams, and procurement departments to ensure seamless contract execution. - Liaise with vendors, subcontractors, and other stakeholders to address contract-related issues.
5. Compliance and Reporting: - Ensure compliance with industry regulations, company policies, and contractual obligations. - Prepare and present reports on contract performance, compliance, and financial metrics to management.
6. Dispute Resolution: - Assist in resolving contract disputes and claims through negotiations and mediation. - Document and track changes, amendments, and issues arising during contract execution.
7. Market Research: - Stay updated on industry trends, market conditions, and best practices related to EPC contracts. - Conduct benchmarking studies to inform future contract negotiations.
Qualifications:
Education:
Bachelor's degree in business administration, Construction Management, Engineering, or a related field.
A master's degree or professional certification (e.g., CCP, PMP) may be preferred.
Experience:
3-5 years of experience in contract management, preferably in the EPC sector or related industries.
Skills:
Strong analytical and negotiation skills.
Proficient in contract management software and Microsoft Office Suite.
Excellent communication and interpersonal skills.
Attention to detail and strong organizational abilities.
Knowledge: Familiarity with construction processes, procurement practices, and relevant laws and regulations (e.g., FIDIC, AIA).
Must have skills:
Excel power user, Power BI knowledge, EPC experience, GMP experience preferred but not required.
Construction contract experience, Contract reviewal, construction finance experience, Invoicing experience
Additional Considerations:
Experience in heavy industrial construction with focus on utility and/or oil and gas
Ability to work in a fast-paced environment and manage multiple projects simultaneously.
Willingness to travel to project sites as necessary.
Strong problem-solving skills and the ability to work independently as well as in a team.
Qualified candidates should APPLY NOW for immediate consideration! Please hit APPLY to provide the required information, and we will be back in touch as soon as possible. We are currently interviewing to fill this and other similar positions. If this role is not a fit for you, we do offer a referral bonus program for referrals that we successfully place with our clients, subject to program guidelines. ASK ME HOW.
Thank you! Mohd Adnan 425-296-7470 mohd.adnan@innovasolutions.com PAY RANGE AND BENEFITS:
Pay Range*: $60 .00 - $65.00 per hour *Pay range offered to a successful candidate will be based on several factors, including the candidate's education, work experience, work location, specific job duties, certifications, etc.
Benefits: Innova Solutions offers benefits( based on eligibility) that include the following: Medical & pharmacy coverage, Dental/vision insurance, 401(k), Health saving account (HSA) and Flexible spending account (FSA), Life Insurance, Pet Insurance, Short term and Long term Disability, Accident & Critical illness coverage, Pre-paid legal & ID theft protection, Sick time, and other types of paid leaves (as required by law), Employee Assistance Program (EAP).
ABOUT INNOVA SOLUTIONS:Founded in 1998 and headquartered in Atlanta, Georgia, Innova Solutions employs approximately 50,000 professionals worldwide and reports an annual revenue approaching $3 Billion. Through our global delivery centers across North America, Asia, and Europe, we deliver strategic technology and business transformation solutions to our clients, enabling them to operate as leaders within their fields.
Recent Recognitions:
Named One of America's Best Employers for New Grads by Forbes (2024
Named One of the Best Companies to Work for by U.S. News & World Report (Private Companies List, 2024-2025)
One of the Largest IT Staffing Firms in the US - Ranked #3 by Staffing Industry Analysts (SIA, 2024)
One of the Largest Staffing Firms in the US - Ranked #13 by Staffing Industry Analysts (SIA, 2024; includes Innova Solutions, Volt, & HireGenics)
Named One of the Top Ten Private Companies in Atlanta by the Atlanta Business Chronicle (2023)
One of the Largest Certified Minority Business Enterprises (MBEs) in the United States (NMSDC, 2024)
AWS Advanced Tier Services Partner with 100+ certifications
Website: https://www.innovasolutions.com/
Innova Solutions is an Equal Opportunity Employer and prohibits any kind of unlawful discrimination and harassment. Innova Solutions is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment on the basis of race, color, religion or belief, national origin, citizenship, social or ethnic origin, sex, age, physical or mental disability, veteran status, marital status, domestic partner status, sexual orientation, or any other status protected by the statutes, rules, and regulations in the locations where it operates. If you are an individual with a disability and need a reasonable accommodation to assist with your job search or application for employment, please contact us at hr@innovasolutions.com or (770) 493-5588. Please indicate the specifics of the assistance needed. Innova Solutions encourages all interested and qualified candidates to apply for employment opportunities. Innova Solutions (HireGenics/Volt) does not discriminate against applicants based on citizenship status, immigration status, or national origin, in accordance with 8 U.S.C. ยง 1324b. The company will consider for employment qualified applicants with arrest and conviction records in a manner that complies with the San Francisco Fair Chance Ordinance, the Los Angeles Fair Chance Initiative for Hiring Ordinance, and other applicable laws.
