American Electric Power Contract Analyst Sr - Prin in Columbus, Ohio

Title Contract Analyst Sr - Prin

Auto req ID 15860BR

Location Columbus, OH

Job Type Full-Time

Job Category Supply Chain/Logistics/Procurement

Relocation No

Job Description NOTE: Education and relevant experience will be used to determine appropriate salary and salary grade.

Contract Analyst Senior

Contract Analyst Principal

Position Summary: Responsible for negotiating and writing contracts for services with outside vendors working in conjunction with business unit personnel. Develop negotiating strategy including: developing cost of ownership models, develop multiple price models, cost containment models, and pricing caps and indices. Write the deal summary and deal detail for assigned contracts. Write performance criteria and service level expectations that match the business requirements and lead the negotiation process for moderately complex negotiations. Write modifications to existing agreements and work with the Legal department as necessary to protect the interest of AEP.

Principal Accountabilities:

Write the deal summary.

Understand the parameters of the boilerplate terms and offer solutions to requested changes for standard variances from terms.

Write performance criteria and service levels that match the business requirements and suggest changes to business requirements to increase value.

Write modifications to existing agreements using various models.

Lead the negotiation process through strategy development, issue recognition, and escalation of issues for moderately complex negotiations.

Define and apply best/worst case scenarios.

Apply various price models, cost containment models, pricing caps, total cost-of-ownership model, and indices.

Demonstrate moderate experience in a moderate range of subject categories relevant to areas of contract responsibility.

Minimum Requirements

Education: Bachelor's degree in Business Administration, Finance, or related field of study.

Contract Analyst Sr:

Experience: Minimum of four (4) years of related contract and/or supply chain experience or related experience in work activities and projects.

Contract Analyst Prin:

Experience: Minimum of six (6) years of related contract and/or supply chain experience or related experience in work activities and projects.

| American Electric Power | Equal Opportunity Employer | Minorities/Females/Disability/Vets |