Contracts Administrator

Contracts AdministratorBlacksburg, VAAbout the CompanyAt Torc, we have always believed that autonomous vehicle technology will transform how we travel, move freight, and do business. A leader in autonomous driving since 2007, Torc has spent over a decade commercializing our solutions with experienced partners. Now a part of the Daimler family, we are focused solely on developing software for automated trucks to transform how the world moves freight. Join us and catapult your career with the company that helped pioneer autonomous technology, and the first AV software company with the vision to partner directly with a truck manufacturer.Meet the TeamThe Contract Administrator is responsible for the post-execution contract administration lifecycle and contract management system (CMS) of the company. The individual will work with Procurement, Legal, and the contract owners as well as the company's suppliers to ensure that all contractual obligations are met, modifications tracked and documents are accounted for within CMS. This role reports to the Director of Finance, with a dotted-line relationship to the Legal Department to ensure alignment on contract administration standards and escalation practices.What You'll DoServe as the first point of contact for Procurement and contract owners on contract status, tracking, and administration (e.g., deliverable due dates, renewal timing, document location).Route questions involving contract interpretation, legal risk, or non-standard terms to the Legal Department.Partner with the contract owners to track contract execution against key milestones.Monitor contract milestones to confirm completion and identify potential missed deliverables or performance gaps; flag any such gaps to the contract owner and Legal for review.Provide visibility and reporting into contracts coming up for renewalValidate that final, fully-executed contract(s), amendments, and close-out documents are accurately recorded in the Contract Management System (CMS)Provide database management and administrative support for the CMSSupport audit requests of contractsUnderstand and apply Standard Operating Procedures (SOPs) for administering contracts after executionSupports Procurement as needed and provides administrative support to the Legal Department as directed, including document preparation and status tracking.Other duties as assignedWhat You'll Need to SucceedDemonstrates competences and technical proficiencies typically acquired through BS+ 0-3+ years of experience.Experience administering or tracking commercial contracts after execution (e.g., supplier, vendor, or similar agreements), including monitoring key dates, deliverables, and renewal timelinesExperience using a contract management system (CMS) or similar database/document tool to maintain accurate, audit-ready recordsAbility to read and analyze financial reports and technical documentsUnderstanding of purchasing and supply chain proceduresSolid organizational skills especially ability to meet project deadlines with a focus on detailExcellent verbal and written communication skills to build trust and strong relationships, effectively create reports and relate data, and communicate to a diverse workforce.Strong business insight and judgment, team orientation and collaborative styleStrong time management and organizational skills to plan, develop, coordinate resources, prioritize effectively, and maintain programs and initiatives simultaneously and in a fast-paced environment.Ability to thrive in a face-paced environment with quickly changing business needsAbility to ethically handle sensitive and confidential information with impartiality and professionalism.Perks of Being a Full-time Torc'rTorc cares about our team members and we strive to provide benefits and resources to support their health, work/life balance, and future. Our culture is collaborative, energetic, and team focused. Torc offers:A competitive compensation package that includes a bonus component and stock options100% paid medical, dental, and vision premiums for full-time employees401K plan with a 6% employer matchFlexibility in schedule and generous paid vacation (available immediately after start date)AD+D and Life InsuranceAt Torc, we're committed to building a diverse and inclusive workplace. We celebrate the uniqueness of our Torc'rs and do not discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran status, or disabilities. Even if you don't meet 100% of the qualifications listed for this opportunity, we encourage you to apply.Our compensation reflects the cost of labor across several geographic markets. Pay is based on a number of factors and may vary depending on job-related knowledge, skills, and experience. Torc's total compensation package will also include our corporate bonus and stock option plan. Dependent on the position offered, sign-on payments, relocation, and other forms of compensation may be provided as part of a total compensation package, in addition to a full range of medical, financial, and/or other benefits.Hiring Range for Job Opening US Pay Range $75,700 - $90,800 USD