Contract Specialist

Posted Date 02 Jan 2024



Experience Icon Experience 2 Years Salary Salary 60000USD - 70000USD
Job Type Icon Job Type Full Time Company Company Anywhere Real Estate
Job Category Icon Job Category Law Qualification Icon Qualification BS Business Administration
Gender IconGender Both Date Last Date 01 Apr
Vacancies IconVacancies 1 Remote IconRemote No
Location Location(s) New Jersey , United States

Description Job Description



This⠀position⠀is⠀responsible⠀for the⠀full⠀life-cycle⠀contract⠀maintenance⠀processes⠀associated⠀with the⠀administration⠀of⠀franchise⠀agreements,⠀amendments,⠀and⠀renewals⠀within an⠀assigned⠀business⠀group in⠀the⠀Anywhere⠀Brands.⠀This⠀position⠀will also⠀lead the⠀efforts in⠀supporting⠀the⠀processes,⠀procedures⠀and⠀accountability⠀standards⠀associated⠀with the⠀preparation,⠀execution,⠀and⠀ongoing⠀maintenance⠀of⠀franchise⠀agreements⠀and⠀amendments.⠀The⠀successful⠀candidate⠀will be a⠀sharp,⠀energetic,⠀organized,⠀and⠀focused⠀individual⠀who is⠀motivated⠀to get⠀results⠀– one⠀who⠀possesses⠀the⠀highest⠀levels of⠀integrity⠀at all⠀times.

Specific Responsibilities:

The key objectives and challenges of this position will include, but are not limited to:
  • Responsible⠀for⠀drafting⠀and⠀maintaining⠀contract⠀administration⠀documentation⠀and all⠀documents⠀throughout⠀the⠀life-cycle⠀of the⠀franchise⠀relationship⠀including⠀the⠀assessment⠀of a⠀potential⠀candidate,⠀drafting⠀and⠀compiling⠀terms and⠀conditions,⠀and⠀routine⠀change⠀management⠀activities⠀such as⠀amendments,⠀consolidations,⠀and⠀renewal⠀agreements.⠀The⠀contract⠀specialist⠀must⠀possess⠀the⠀ability to⠀work with⠀customers⠀(franchisees,⠀brand⠀representatives,⠀franchise⠀sales),⠀finance,⠀and the⠀legal⠀department⠀to⠀effectively⠀negotiate⠀and⠀memorialize⠀complex⠀deal⠀terms.
  • Responsible⠀for⠀accurately⠀preparing,⠀analyzing,⠀distributing,⠀and⠀updating⠀Franchise⠀Review⠀Committee⠀documentation⠀mapping,⠀reports,⠀agenda,⠀minutes,⠀correspondence⠀letters⠀and⠀ancillary⠀materials.
  • Responsible⠀for⠀upholding⠀compliance⠀by⠀identifying,⠀researching,⠀and⠀analyzing⠀data⠀related to⠀potential⠀violations⠀of⠀brand’s⠀policies⠀and⠀procedures⠀and abuse⠀of⠀company’s⠀intellectual⠀property.
  • Key⠀participant⠀in⠀renewals⠀working⠀with brand⠀representatives⠀to⠀establish⠀renewal⠀strategies⠀using⠀assembled⠀account⠀information.
  • Upholds⠀strict⠀adherence⠀to⠀policies⠀and⠀procedures,⠀ensuring⠀required⠀documentation,⠀reviews,⠀and⠀approvals⠀are⠀obtained.
  • This⠀position⠀is the⠀first line⠀of⠀professional⠀and⠀courteous⠀communication⠀between⠀company⠀and its⠀customers/franchisees⠀on a⠀variety of⠀complex⠀substantive⠀and⠀process⠀issues.⠀Works⠀closely⠀with the⠀franchisees,⠀brand⠀representatives,⠀franchise⠀sales,⠀finance⠀and legal⠀to⠀negotiate⠀and⠀resolve⠀issues.⠀The⠀contract⠀specialist⠀is the key⠀knowledge⠀resource⠀for both⠀our⠀internal⠀and⠀external⠀client⠀base⠀possessing⠀a full⠀understanding⠀of our⠀franchise⠀agreement,⠀associated⠀addenda,⠀and⠀processes/systems.
  • Prioritizes⠀and⠀manages⠀activities⠀effectively⠀to meet⠀commitments⠀and⠀schedules;⠀consistently⠀meeting⠀deadlines.
  • Diligent⠀follow⠀through on⠀pending⠀tasks.
  • The⠀contract⠀specialist⠀“owns”⠀the⠀Microsoft⠀CRM case⠀concept⠀for each⠀deal type⠀that⠀includes⠀new sales,⠀renewals,⠀and all⠀other⠀contractual⠀change⠀types and⠀is⠀responsible⠀for⠀ensuring⠀that each⠀deal meets⠀detailed⠀requirements⠀through⠀point of⠀completion.
  • Responds⠀to⠀customer’s⠀priority⠀needs for⠀service⠀and⠀support;⠀ensuring⠀individual⠀customer⠀needs are⠀met;⠀seeking⠀customer⠀feedback;⠀and⠀determining⠀and⠀initiating⠀appropriate⠀course of⠀action.⠀Respond to⠀requests⠀for⠀information,⠀documents,⠀and status⠀of⠀file/matter⠀in timely⠀manner.
  • Responsible⠀for⠀maintaining⠀and⠀updating⠀franchisee⠀information⠀in⠀appropriate⠀systems,⠀including⠀activity⠀and⠀exception⠀reporting.⠀The⠀contract⠀specialist⠀must⠀complete⠀the 1st⠀level⠀review of⠀all⠀financially⠀impactful⠀fields⠀reducing⠀our risk⠀of error;⠀this⠀requires⠀interpretation⠀of deal⠀contractual⠀provisions⠀and⠀evaluation⠀of system⠀requirements.
Minimum Qualifications:
  • Must have⠀extensive⠀experience⠀drafting⠀legal⠀documents⠀from⠀scratch as⠀well as⠀experience⠀editing an⠀existing⠀legal⠀template;⠀experience⠀reviewing⠀and⠀editing⠀international⠀contracts⠀is a⠀plus.
  • Excellent⠀customer⠀service⠀skills
  • Paralegal⠀Certificate⠀or JD⠀preferred.
  • Proven⠀analytical⠀and⠀research⠀skills.
  • Strong⠀time⠀management,⠀planning⠀and⠀organization⠀skills.
  • Self-motivated⠀and able⠀to work⠀independently⠀and⠀maintain⠀calendar/tickler⠀system.
  • Ability⠀to⠀multi-task⠀in a⠀fast-paced⠀environment.
  • Excellent⠀written⠀and oral⠀communication⠀skills,⠀especially⠀via⠀telephone.
  • Strong⠀PC skills,⠀including⠀experience⠀using MS⠀Office, MS⠀Outlook⠀and MS⠀Browsers.
  • Meticulous⠀with a⠀strong⠀dedication⠀to⠀excellence.
  • A⠀background⠀in⠀franchising,⠀familiarity⠀with⠀contract⠀administration⠀activities,⠀real⠀estate,⠀and good⠀analytical⠀skills⠀will⠀improve⠀your⠀credentials.
  • B.S./B.A.⠀Business⠀Administration,⠀JD,⠀Operations,⠀or⠀related,⠀preferred.

Compensation Range:
$60,000 - $70,000 

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