Dallas Fort Worth International Airport (DFW) ยท 2 hours ago
Contract Specialist
Dallas Fort Worth International Airport (DFW) is one of the most successful airports in the world, recognized for its innovation and excellence. The Contract Specialist role involves managing contract compliance, financial oversight, and ensuring accurate payment processes for various contracts.
Airlines/Aviation
Responsibilities
Leads the review of assigned department invoices in the Invoice Scan Queue and prioritizes based on Contract Payment Terms
Participates in the development and implementation of the departmental annual budget, reallocations and leads the fiscal year-end closing for assigned invoices
Maintains financial management of contracts including verification of the accuracy of invoice computations, ensures that funding and account disbursements are proper for assigned contracts; interfaces with other Board staff to resolve problems and discrepancies
Maintains detailed contract data relative to payment history including stored materials, delivery order payments, etc
Creates and processes Request for Payments for some complex General Goods & Services and Professional Service Contracts, and manages the process to ensure payments are accurate and paid within the Contract Payment Terms, ensuring accuracy of funds availability and distribution, correct form and format of invoices and that payments are based on valid supporting documentation that has been reviewed and approved by designated technical representatives
Verifies that payments made that are not in compliance with contract terms have been supported, reviewed and approved with proper supporting documentation
Provides contract related financial information to auditors, bonding companies, suppliers, inspectors, sub-contractors, contractors and other Board staff upon request, based on approval of department management
Calculates and verifies final contract amounts prior to contract close-out, completes final fund and contract reconciliation or cost adjustments to Board records upon contract close-out
Interfaces with contractors, consultants, sub-contractors, contract administrators, and other Board staff to resolve payment and other contract compliance issues
Leads the year-end close by developing and monitoring reports and is the liaison between Finance, Stakeholder Departments and PMM
Ensures that internal and external customers are following the Board Policy and Procedures regarding vendors and payment
Qualification
Required
College coursework in finance, business or a related field
Two (2) years of experience administering contracts or the payment provisions thereof
Up to two (2) years college coursework may substitute for years of experience on a year-for-year basis
Possession of a valid class C driver's license
Advanced Microsoft Excel/Report & Query Writer
Knowledge of contract law, contracting procedures and pricing methods
Knowledge of accounting practices/applications and cost analysis techniques
Knowledge of contract funding procedures and requirements applicable to public organizations
Skill in operating a personal computer to capture and maintain records of contract activity and to reconcile data within the different systems
Ability to analyze and interpret contractual terminology, to determine contractor compliance and to resolve discrepancies concerning contractors and contract provisions
Ability to communicate effectively and clearly, both orally and in writing, in general and technical terms, with Board staff, contractors and management
Ability to coordinate work activities in order to accomplish work assignments under time pressure and within pre-established and inflexible time limits
Ability to recognize problems, initiate corrective measures and recommend solutions
Ability to guide analyst staff in daily work
Ability to establish and maintain harmonious and effective internal and external working relationships
Company
Dallas Fort Worth International Airport (DFW)
DFW Airport, the 2022 Airport Service Quality (ASQ) winner for Best Airport that serves over 40 million passengers in North America by Airports Council International (ACI), warmly welcomes more than 72.2 million customers along their journey every year, making DFW one of the most frequently visited superhub airports in the world.