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About this role
Function:
The Manager of Contracts Administration is responsible for overseeing the life cycle of contracts that support the Design and Construction department and other internal and external stakeholders for a real estate investment trust with an investment portfolio of more than 95 hotel assets. Core functions include contract management, processes management, corporate compliance, and enterprise information systems administration.
Key Responsibilities
- Manage the contract administration for all capital projects including preparation oversite, contract review and negotiation, and contract execution with collaboration with D&C team members and RLJ representatives.
- Identify contractual risk and recommend solutions to mitigate company exposure.
- Ensure contract compliance with company policies, regulatory requirements, and risk management standards.
- Coordinate contract review with internal legal counsel and outside counsel as needed.
- Oversee the review and processing of contract change orders and invoices with collaboration of internal and external parties.
- Review invoices in accordance with procedures and the approval policy.
- Be a Trimble and Yardi system “Super User,” which includes inputting data, troubleshooting, and maintaining data integrity.
- Continuously improve contract management process and internal procedures for efficiency.
- Assist with enterprise capital expenditure budget monitoring with contract and change order execution.
- Lead in process training of internal and external stakeholders to include 3rd party project managers and property management entities in relation to renovation and maintenance capital expenditure processes.
Requirements
- Skills and
Requirements
- Proficiency in managing corporate and contract compliance. Proficiency in MS Excel, Word, PowerPoint, Project and other industry related software systems.
- Proficiency with e-Builder and Yardi Voyager Software or other enterprise accounting/project management systems.
- Proficiency in developing budgets and financial modeling tools.
- Excellent analytical abilities.
- Experience leading project teams on complex projects.
- Proficiency in enterprise content management strategies.
- Good judgment and the business acumen to make well-reasoned decisions with respect to matters arising on a day-to-day basis.
- Self-motivated, goal-oriented, and results driven.
- Skilled professional with excellent interpersonal skills.
- Ability to work effectively as either a team player or independently, in a fast-paced environment while prioritizing projects to ensure timely deliverables.
- Ability to interface with legal, finance, hotel management, and construction and development professionals at all levels.
- Education and Experience
- Bachelor’s Degree required
- 5+ years of real estate industry experience preferred
- 4+ years of lodging industry experience a plus
- 3+ years of contract administration experience in a real estate, construction or procurement environment a must
- REIT experience preferred
- Work Environment:
- Position is based in Bethesda, MD
- Onsite in the office four days a week, with one designated remote workday
- Compensation:
- Base Salary Range: $115,000 - $125,000
- Eligible for a performance-based bonus
- Actual compensation will be based on experience, qualifications, and geographic location.
RLJ Lodging Trust is an equal-opportunity employer. We encourage you to apply even if your experience is not a 100% match with the position. We are looking for someone with relevant skills and experience, not a checklist that exactly matches the job description. We want to help you grow and in return, you help us grow into a stronger, more inclusive organization. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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Benefits
- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (401k, Roth)
- Life Insurance
- Short Term & Long Term Disability
- Paid Time Off
- Paid Holidays
- Transportation Benefits
- Training & Development
- Free Food & Snacks
- Discounted Health Club Membership
- Franchisor Hotel Discounts