Tara Benninger
Pennsburg
Summary
Organized and efficient supporting corporate level officers and senior management personnel with demonstrated expertise in financial and operational leadership. Adroit professional exemplifies multidisciplinary managerial skill in process, procedure and policy improvement initiatives. Accomplished in workflow optimization techniques implementation which increase productivity, reduce labor and maintain business integrity and quality of service.
Overview
21
21
years of professional experience
Work History
Contracts Administrator
Globus Medical North America
02.2024 - Current
- Facilitated regular meetings with stakeholders to review project progress and address any contractual concerns.
- Demonstrated proficiency in data entry, contract modification and billing.
- Monitored contract budgets and expenditures, ensuring financial accountability throughout the project lifecycle.
- Streamlined contract processes by implementing efficient documentation and tracking systems.
- Coordinated with legal counsel to resolve disputes or clarify contractual language, minimizing liabilities.
- Assisted in the preparation of proposals and bids, contributing to successful awarding of new contracts.
- Trained junior staff members on best practices in contract administration, promoting a knowledgeable workforce.
- Liaised with financial managers to facilitate business development initiatives.
- Initiated contracts and addressed necessary negotiations and adjustments.
- Managed a portfolio of contracts, ensuring compliance and timely renewals.
- Evaluated vendor performance against contractual obligations, recommending improvements as necessary.
- Contributed to company growth by actively participating in business development initiatives involving strategic partnerships.
- Implemented standardized templates for consistent contracting practices across the organization.
- Led efforts in renegotiating existing contracts for better terms without compromising quality or delivery timelines.
- Reduced legal risks with comprehensive contract reviews and risk assessments.
- Provided support during mergers and acquisitions by conducting thorough due diligence on target companies'' contracts.
- Stored and filed contract documents in orderly, organized systems.
- Streamlined operations by developing and implementing improved contract management processes.
- Drafted, reviewed and revised contracts for accuracy and completeness.
- Addressed contract disputes and provided advice and guidance to resolve issues.
- Negotiated and reviewed contracts to protect customer interests.
- Adhered to legal and contractual requirements for compliant contract processes.
- Developed training materials to unify contract management processes and procedures.
- Identified opportunities to streamline processes and improve office operations and efficiency.
- Negotiated and executed contracts on behalf of department.
- Implemented project management techniques to overcome obstacles and increase team productivity.
Senior Contracts Administrator
Bridgeway
09.2021 - 02.2023
- Collaborated with legal counsel to resolve complex contractual issues, protecting the company''s interests throughout negotiations.
- Minimized potential disputes by ensuring consistent documentation of all contract-related activities and timely resolution of any issues.
- Used Fresh Desk and Bridgeway's own software to manage contractual records and documentation.
- Optimized procurement strategies by analyzing historical data on pricing trends, supplier performance, and market conditions.
- Ensured consistent application of contracting policies across departments through regular training sessions and workshops.
- Mentored junior contracts administrators in industry best practices for contract management, increasing departmental expertise overall.
- Initiated documentation to authorize and direct work to meet contractual specifications.
- Provided expert guidance on contractual matters to project teams, fostering a collaborative approach to problemsolving.
- Negotiated favorable terms for the company with vendors, leading to cost savings and increased value.
- Implemented new contract templates that standardized language and minimized legal exposure.
- Developed and executed administrative processes to advance project's procedures, goals and objectives.
- Increased organizational visibility into current contracts through the development of comprehensive reports that highlighted key performance indicators.
- Enhanced contract negotiation efficiency by streamlining processes and implementing best practices.
- Developed and maintained strong relationships with key vendors, leading to better collaboration and improved terms.
- Contributed to corporate initiatives aimed at improving operational efficiency through strategic sourcing events or re-negotiation of existing agreements.
- Reviewed contracts by verifying accuracy and resolving discrepancies.
- Reduced contractual risks for the organization by conducting thorough reviews and risk assessments.
- Managed a high volume of contracts simultaneously, ensuring timely execution and adherence to deadlines.
- Drafted, reviewed and revised contracts for accuracy and completeness.
- Stored and filed contract documents in orderly, organized systems.
- Monitored incoming contracts and service agreements for correct pricing and information.
- Prepared and issued reports on contract performance and compliance.
- Streamlined operations by developing and implementing improved contract management processes.
- Developed training materials to unify contract management processes and procedures.
- Assessed risks inherent in contract changes and potential impacts, informing management in detail of concerns to avoid liabilities.
- Gathered, organized and input information into digital database.
- Evaluated customer needs and feedback to drive product and service improvements.
- Generated reports detailing findings and recommendations.
- Maintained database systems to track and analyze operational data.
- Created and managed project plans, timelines and budgets.
- Devised and implemented processes and procedures to streamline operations.
- Provided reporting for forecast analysis and ad-hoc reporting in support of decision-making.
- Cultivated positive relationships with vendors to deliver timely and cost-effective supply of services and materials.
Pricing Administrator
World Wide Stereo
08.2020 - 08.2021
- Conducted comprehensive market research to stay informed on industry trends, competitor activities, and changes in customer preferences, enabling proactive adjustments to pricing strategies.
- Continuously enhanced personal knowledge of industry developments and market trends through participation in professional development opportunities, ensuring up-to-date expertise in pricing strategies.
- Reduced pricing discrepancies by diligently monitoring and updating pricing data in the system.
- Safeguarded compliance with regulatory requirements related to pricing practices through rigorous adherence to established policies and procedures.
- Fostered strong relationships with key stakeholders including suppliers, customers, sales representatives, and internal departments to facilitate smooth communication throughout the pricing process.
- Supported successful product launches by working closely with cross-functional teams to establish competitive prices that met target margins.
- Optimized inventory management through diligent monitoring of stock levels and timely initiation of price reductions for slow-moving items.
- Ensured accurate invoicing through meticulous review of customer contracts, purchase orders, and pricing agreements.
- Maximized profitability by analyzing historical sales data and identifying opportunities for strategic price adjustments.
- Facilitated business growth by negotiating favorable terms with vendors, securing reduced costs on materials and services.
- Evaluated promotional campaigns'' effectiveness based on margin analysis results, providing valuable insights for future initiatives.
- Streamlined the pricing process by developing and maintaining efficient tools and templates for regular price updates.
- Assisted in budget planning processes by providing accurate forecasts of anticipated revenues based on current prices and projected sales volumes.
- Enhanced company profits by identifying and implementing optimal pricing strategies for various products and services.
- Increased efficiency within the Pricing Department by identifying areas for process improvement through regular reviews of workflows.
- Resolved pricing discrepancies promptly and professionally by working closely with internal departments and external partners to investigate root causes and implement appropriate corrective actions.
- Mitigated potential risks associated with fluctuating costs by effectively managing cost-plus pricing models.
- Established a clear understanding of company goals among team members by communicating objectives regularly and providing ongoing training on pricing best practices.
- Collaborated with sales and marketing teams to ensure consistent pricing across all channels, resulting in increased revenue.
- Complied with established internal controls and policies.
- Developed strategic plans for day-to-day financial operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Established and checked coding procedures, monitored reports and updated internal files.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Designed and maintained financial models to identify and measure risks.
Straegtic Pricing Analyst
Dorman Products
01.2017 - 03.2020
- Reduced discrepancies in financial reporting by implementing strict quality control measures for pricing data.
- Streamlined pricing processes through automation, increasing efficiency and accuracy of data management.
- Improved pricing strategies by analyzing market trends and competitor pricing data.
- Adjusted prices via pre-set schedules, supply management department costs and other factors on regular basis.
- Developed strong analytical and financial skills, which helped to anticipate market and company needs.
- Collaborated with cross-functional teams to develop comprehensive market intelligence for informed decision making.
- Enhanced company''s profit margins by identifying opportunities for price optimization and strategic discounts.
- Managed a portfolio of key accounts, ensuring alignment of pricing strategies with client expectations and contractual agreements.
- Conducted regular price reviews, maintaining up-to-date knowledge of industry trends and competitor activities.
- Contributed to the development of pricing policies and guidelines, ensuring consistency and compliance across all business units.
- Performed ad-hoc analyses as needed to address specific business challenges or opportunities, providing valuable insights for decision makers.
- Identified potential risks associated with specific pricing decisions, aiding risk mitigation efforts across the organization.
- Developed effective pricing models, resulting in more competitive product offerings.
- Monitored competitors' pricing activities to make effective decisions that would improve company revenue.
- Established strong relationships with internal stakeholders through transparent communication regarding changes in pricing policies or strategies that may impact their respective departments.
- Prepared bids and proposals to submit to clients and secure new business.
- Researched construction cost trends to stay up-to-date with industry developments and changes.
- Analyzed plans and specifications to identify scope and cost of projects.
- Assessed risks and uncertainties to identify potential challenges and prepare contingency plans.
- Attended project meetings to provide updates and insights on project costs.
- Determined budgets for prospective projects to plan for future expenditures and utilize resources wisely.
- Carefully monitored market trends to ascertain best pricing for company's products.
Contracts Pricing Administrator
Drager Medical
01.2004 - 03.2017
- Resolved pricing discrepancies promptly and professionally by working closely with internal departments and external partners to investigate root causes and implement appropriate corrective actions.
- Reduced pricing discrepancies by diligently monitoring and updating pricing data in the system.
- Enhanced company profits by identifying and implementing optimal pricing strategies for various products and services.
- Optimized inventory management through diligent monitoring of stock levels and timely initiation of price reductions for slow-moving items.
- Safeguarded compliance with regulatory requirements related to pricing practices through rigorous adherence to established policies and procedures.
- Supported successful product launches by working closely with cross-functional teams to establish competitive prices that met target margins.
- Ensured accurate invoicing through meticulous review of customer contracts, purchase orders, and pricing agreements.
- Assisted in budget planning processes by providing accurate forecasts of anticipated revenues based on current prices and projected sales volumes.
- Collaborated with sales and marketing teams to ensure consistent pricing across all channels, resulting in increased revenue.
- Established a clear understanding of company goals among team members by communicating objectives regularly and providing ongoing training on pricing best practices.
- Maximized profitability by analyzing historical sales data and identifying opportunities for strategic price adjustments.
- Conducted comprehensive market research to stay informed on industry trends, competitor activities, and changes in customer preferences, enabling proactive adjustments to pricing strategies.
- Facilitated business growth by negotiating favorable terms with vendors, securing reduced costs on materials and services.
- Continuously enhanced personal knowledge of industry developments and market trends through participation in professional development opportunities, ensuring up-to-date expertise in pricing strategies.
- Mitigated potential risks associated with fluctuating costs by effectively managing cost-plus pricing models.
- Streamlined the pricing process by developing and maintaining efficient tools and templates for regular price updates.
- Increased efficiency within the Pricing Department by identifying areas for process improvement through regular reviews of workflows.
- Developed strategic plans for day-to-day financial operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Utilized financial software to prepare consolidated financial statements.
- Supported financial director with special projects and additional job duties.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Evaluated and negotiated contracts to procure favorable financial terms.
- Established and checked coding procedures, monitored reports and updated internal files.
Education
Bachelor of Arts - Operations Management
Desales University
Center Valley, PA05-2023
Skills
- Risk evaluation
- Procurement processes
- Financial management expertise
- Contract drafting
- Project management
- Sourcing strategies
- Dispute resolution
- Risk analysis
- Legal compliance
- Terms negotiation
- Cost control
- Business development
- Pricing analysis
- Contract modification
- Business growth strategy
- Verbal and written communication
- Presentations
- Proficient in SAP
- Contract negotiation
- Customer service
- Organizational skills
- Microsoft office
- Operations management
- Strategic planning
Timeline
Contracts Administrator
Globus Medical North America
02.2024 - Current
Senior Contracts Administrator
Bridgeway
09.2021 - 02.2023
Pricing Administrator
World Wide Stereo
08.2020 - 08.2021
Straegtic Pricing Analyst
Dorman Products
01.2017 - 03.2020
Contracts Pricing Administrator
Drager Medical
01.2004 - 03.2017
Bachelor of Arts - Operations Management
Desales University
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