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Contract Administrator
Contract Administrator-March 2024
Chicago
Mar 28, 2026
About Contract Administrator

  Contract Administrator - ( 24000022 )

  Description

  POSITION SUMMARY

  Under general supervision, reviews, processes, audits, and maintains records of capital contract invoices and payments.

  Qualifications

  PRIMARY RESPONSIBILITIES

  Reviews capital contract invoices for contract compliance, backup data, and accuracy of calculations. Oversees subsequent processing to ensure timely payment.

  Develops computerized ledger system/database to track individual line items and to monitor and report payments and progress. Prepares reports to indicate the financial status of assigned accounts.

  Reviews contract documents, including cost & price sheet, payroll reports, material and service reports and other direct costs; compares them with contract terms, conditions and regulations to ensure compliance.

  Assembles and reviews documents submitted for contract closeout and notifies appropriate CTA departments of financial disposition. Reviews contract terms and submits payments accordingly.

  Attends meetings with Authority personnel and consultants regarding capital contracts.

  Performs other duties as assigned.

  MANAGEMENT RESPONSIBILITIES

  Reporting to this position are the following jobs:

  Job Title

  None

  CHALLENGES

  Maintaining amiable relations with various levels of Authority personnel and outside contacts in addition to completing all assigned work in an accurate and timely manner.EDUCATION/EXPERIENCE REQUIREMENTS

  Bachelor’s degree in Accounting, Business Administration, or a related field required.

  Previous experience with construction accounting, contract compliance, auditing, and/or invoice review is preferred.

  PHYSICAL REQUIREMENTS

  Requires remaining in a stationary position for extended periods of time and constantly operating a computer and other office productivity machinery.

  Service Area Requirement: Exempt (Non-Union) employees must live within the boundaries of the CTA Statutory Service Area either at the time of employment or within 6 months of beginning employment at CTA.

  KNOWLEDGE, SKILLS, AND ABILITIES

  Strong organizational skills and attention to detail.

  Working knowledge of internal controls.

  Good Microsoft Office skills (Word, Excel, PowerPoint, Access, etc.).

  General knowledge of government regulations FAR 31, etc.

  Good oral and written communications skills.

  Working knowledge of the Oracle System.

  Good interpersonal skills in dealing with external groups and/or organizations.

  Ability to work independently.

  Ability to work with sensitive information while maintaining strict confidentiality.

  Ability to work collaboratively with other departments.

  Ability to troubleshoot and solve a wide range of issues and/or problems including strategic planning and cost/benefit analysis.

  WORKING CONDITIONS

  General office environment.EQUIPMENT, TOOLS, AND MATERIALS UTILIZED

  Standard office equipment.

  Personal computer and related software.

  Additional Details: Please note, employees and/or union members will be given priority consideration in the hiring process, per the applicable labor contracts.

  Final salary will be determined in part by the qualifications of the selected candidate and may be higher or lower than target.

  Applicants, if hired,must comply with CTA's residency ordinance.

  CTA IS AN EQUAL OPPORTUNITY EMPLOYER

  No employee or applicant for employment will be discriminated against because of race, color, creed, religion, sex, marital status, national origin, sexual orientation, ancestry, age, unfavorable military discharge, disability or any other status protected by federal, state, or local laws; except where a bona fide occupational qualification exists We are committed to providing an inclusive environment for our workforce and supporting the communities we serve. CTA will make reasonable accommodations for the known disabilities of otherwise qualified applicants for employment as well as its employees, unless undue hardship would result. If you require an accommodation in the application or hiring process, please contact [email protected] prior to the submission of your application or upon notification of your actual test date. CTA will work with you to determine if an accommodation can be provided.

  During the hiring process, CTA?s Human Resources department will contact candidates with next steps . Failure to respond to these correspondences in a timely fashion may result in your application being closed out for non-responsiveness.

  Primary Location : USA-Illinois-Chicago

  Job : Accounting/Finance

  Job Posting : Jan 19, 2024, 11:14:06 AM

  Position Type: : Full-time Permanent (FTP)

  Req ID: 24000022

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