Contract Analyst / Administrative Business Analyst

Working/Functional Title Contract Analyst ### Position Summary The Contract Analyst supports the Contract Manager in the administration, analysis, tracking, and compliance oversight of contracts across MSU Health Care. This position serves as a key resource for contract lifecycle management, financial analysis, Fair Market Value (FMV) support, contract monitoring, and operational coordination. The role is responsible for maintaining contract records, supporting contract reviews, assisting with financial and compliance analysis, monitoring key contract milestones, and ensuring accurate documentation throughout the contract lifecycle. The position collaborates closely with Finance, Risk Management, Operations, Compliance, and Leadership teams to facilitate efficient execution and ongoing management of day-to-day contractual relationships. Key Responsibilities: **Contract Administration ** - Assist and Support with the preparation, review, redlining, routing, and execution of standardized contracts, amendments, and related agreements under the direction of the Contract Manager. - Assist and support with the preliminary (first pass) review and redlining of complex contracts and related agreements under the direction of the Contract Manager. - Maintain the contract management system (Contract Logix) and centralized contract repository. - Track critical contract dates including renewals, expirations, notice periods, and compliance requirements. - Monitor contract workflow status to ensure timely review and completion. - Review contract documentation for completeness, consistency, and adherence to organizational requirements. - Prepare contract summaries, abstracts, correspondence, and supporting documentation. - Serve as a primary point of contact for internal contract inquiries. - Support contract committee activities, including agenda preparation, meeting coordination, and documentation. **Contract Financial Analysis & Fair Market Value Support ** - Conduct Fair Market Value (FMV) research and assist with report preparation. - Support financial analyses related to contracts, including ROI reviews, cost comparisons, and budget impact assessments. - Monitor contract expenditures and payments against approved budgets. - Assist with monthly variance reporting and contract-related financial reporting. - Support contract-related accounts payable and accounts receivable activities. - Prepare data and supporting documentation for audits, reviews, and financial reconciliations. - Maintain accurate financial records associated with contractual agreements. ** Contract Compliance & Risk Management ** - Assist with contract compliance reviews and monitoring activities. - Support internal audits and regulatory reviews. - Identify missing documentation, inconsistent contract provisions, or compliance concerns for escalation. - Assist in maintaining documentation related to insurance requirements, indemnification provisions, and other risk-management components of contracts. - Support organizational adherence to university policies and healthcare regulatory requirements. ** Contract Operational & Administrative Support ** Coordinate meetings, calendars, and contract-related workflows. Prepare reports, dashboards, presentations, and communications for leadership. Maintain organized files and document control processes. Support process improvement initiatives, templates, and workflow standardization efforts. Assist with department projects and specia