Commercial Contract Admin/SR (Hybrid) (Finance)
Position Description
Primary purpose:
- As a member of the Commercial Contract Administration group in the KM Midstream organization, the successful candidate will be responsible for drafting, system set-up, maintenance, and administration of a wide spectrum of contracts (processing, purchase, sale, transportation, storage, gathering, treating, balancing, etc.) for a variety of product types (gas, condensate, NGLs).
- This position works closely with Commercial, Legal, Scheduling, Contract Services, Regulatory, IT and Accounting to ensure all contracts are drafted per the term sheet, processed and monitored according to the terms of the contract
- Entry of contractual terms into multiple proprietary computer systems
- Review of contracts to provide feedback to management
- Troubleshoot issues when data does not interface to downstream systems and coordinates resolution with affected stakeholders
- Research and respond timely to internal and external data requests
- Helps coordinate audit requests and provides necessary support to satisfy these requests
- Analyzes specific contracts to satisfy various governmental reporting requirements.
- Problem resolution, project work, and systems testing are required of this position.
- Provides training and assistance to team members and other departments
- Evaluates and makes recommendations on process improvements to increase efficiency and accuracy
Position Requirements
Minimum requirements:
Education:
Bachelor's Degree in Business Administration, Communication, or related field. Minimum of 10 years of work experience in contract administration, scheduling or accounting may be considered as a substitute for a degree.
Experience / specific knowledge:
- Minimum of 3+ years of experience (Contract Administrator) or 8+ years of experience (Sr. Contract Administrator) in the energy industry within the contract administration, scheduling or accounting departments
- Extreme proficiency in written communications to draft complex and non-standard contracts, amendments and exhibits
- Familiarity with NAESB and non-standard contracts with strong emphasis on treating, processing, sales, purchase, transportation, and storage agreements
- Knowledge of gas processing plant transactions and related contractual set up
- Intermediate to advanced proficiency in Microsoft Word and Microsoft Excel
- Ability to achieve results with accuracy, a sense of urgency, and strong attention to detail
- Ability to efficiently handle multiple tasks under stringent deadlines with an emphasis on organizing and prioritizing workload
- Experience and working knowledge of contract legal terms and general terms and conditions
- Ability to interpret contractual language and discuss the effects with marketing, legal and accounting
- Must be capable of taking lead role with customers and Legal Department on issues affecting contract negotiations and disputes.
- Exceptional interpersonal and communication skills and the ability to persuasively present ideas and project results to peers and management
- Excellent verbal and written communication skills
- Keen analytical skills to successfully troubleshoot and resolve issues
- Ability to document business procedures and system test cases
- Ability to develop positive working relationships with peer departments
- Must be able to work within a team, take direction from supervisors, keep required work schedules, and focus attention on details
- Occasional overtime may be required during bidweek and while working on major projects.
- Strong aptitude for understanding and working in computer systems.
- Strong working knowledge of gas and or NGL industry standards for contracting, payment, invoicing, credit and scheduling procedures.
- Proven experience in drafting and administering joint venture agreements.
- Hands-on experience in drafting long-term supply and sales contracts and amendments of these contracts.
- Working knowledge of transportation contracts and their effect on operational scheduling.
- Proven experience in administering processing, purchase, sale, transportation, storage, gathering, treating, balancing contracts
- Ability to lead business enhancements to the front office systems that will result in the improved efficiency of capturing and reporting contractual data.
- DART experience a plus
EQUAL OPPORTUNITY EMPLOYER STATEMENT: We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.
