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Contract Analyst Jobs in Worcester, MA (NOW HIRING)

Adecco

Materials Analyst - Contract

Warren, MA

$30/hr

Adecco is looking to bring on an experienced Proposal & Materials Transfer Analyst in Warren, MA ... Warren, MA Job Duties: · Manage and maintain contracts and prepare detailed instructions for ...

CVS Health

Contracts-Manager/Negotiator

Woonsocket, RI · On-site

$85K - $114K/yr

Analyze all contract requirements, special provisions, terms and conditions to ensure compliance with appropriate laws, regulations, corporate policies and business unit procedures and requirements.

Varsity Tutors

Contract Law Tutor

Newton, MA · Remote

$18 - $40/hr

Skilled at breaking down contract formation analysis, breach identification, and remedies calculation. Guides students through analyzing offer-acceptance patterns, identifying consideration issues ...

Varsity Tutors

Contract Law Tutor

Waltham, MA · Remote

$18 - $40/hr

Skilled at breaking down contract formation analysis, breach identification, and remedies calculation. Guides students through analyzing offer-acceptance patterns, identifying consideration issues ...

CVS Health

Rebates Invoicing Analyst

Woonsocket, RI · On-site

$43K - $93K/yr

You will oversee the day-to-day processes of implementing contracts, analyzing prescription utilization data, researching variances, sending invoices, and reconciling payments. In this role, you will ...

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All JobsContract Analyst JobsContract Analyst Jobs in Worcester, MA

Contract Analyst information

See Worcester, MA salary details

$39.4K

$75.7K

$116.7K

How much do contract analyst jobs pay per year?

As of Sep 6, 2026, the average yearly pay for contract analyst in Worcester, MA is $75,718.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,800.00 and $83,300.00 per year, depending on experience, location, and employer.

What is a contract analyst?

A contract analyst handles legal and financial agreements between companies or individuals. As a contract analyst, your job is to review business contracts to make sure that the terms are clear and equitable. Your duties include negotiating terms on your company’s behalf with the other party, analyzing each clause to understand the legal implications, drafting contracts, and presenting contractual agreements to management for approval. The qualifications for a career as a contract analyst are a bachelor’s degree in accounting, finance, or a relevant field and experience working with contracts. Some employers may require a law degree with a focus in contract law.

What are some common challenges faced by contract analysts when reviewing and negotiating contracts?

Contract Analysts often encounter challenges such as interpreting complex legal language, ensuring compliance with company policies and regulations, and balancing the interests of multiple stakeholders. They must pay close attention to detail to identify potential risks or unfavorable terms. Effective communication and negotiation skills are essential, as analysts frequently collaborate with legal teams, procurement, and external vendors to resolve ambiguities and reach mutually beneficial agreements.

What are the key skills and qualifications needed to thrive as a contract analyst, and why are they important?

To thrive as a Contract Analyst, you need a strong background in contract law, document analysis, and risk assessment, typically supported by a bachelor’s degree in business, law, or a related field. Familiarity with contract management systems, Microsoft Office Suite, and sometimes certifications like Certified Commercial Contracts Manager (CCCM) are commonly required. Attention to detail, negotiation skills, and effective communication set outstanding analysts apart. These competencies ensure accurate contract evaluation, compliance, and successful negotiation, which are vital to protecting organizational interests.

What is the difference between Contract Analyst vs Contract Specialist?

AspectContract AnalystContract Specialist
Required CredentialsBachelor's degree, certifications like CCAP or CPCM often preferredBachelor's degree, similar certifications often required
Work EnvironmentCorporate, government, or consulting firms handling contract analysisLegal, procurement, or contracting departments within organizations
Employer & Industry UsageUsed across industries for analyzing contract terms and risksCommonly employed in procurement and legal teams for contract management
Search & Comparison IntentHigh overlap in analyzing and reviewing contractsFocuses more on contract creation and management

While both roles involve working with contracts, a Contract Analyst primarily reviews and analyzes contract terms to assess risks and compliance. In contrast, a Contract Specialist often manages the entire contract lifecycle, including drafting and negotiations. Understanding these differences helps in choosing the right career path or job search focus.

How much do contract analysts make in the US?

Contract analysts in the US typically earn a median annual salary of around $65,000 to $75,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn over $90,000 annually.

What degree do you need to be a contract analyst?

A contract analyst typically needs at least a bachelor's degree in fields such as business, finance, law, or a related discipline. Relevant skills include strong analytical abilities, knowledge of contract law, and proficiency with contract management software; some roles may prefer or require a master's degree or professional certifications like Certified Commercial Contracts Manager (CCCM).
More about Contract Analyst jobs

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For Contract Analyst jobs in Worcester, MA, the most frequently searched job titles are:

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The top searched job categories for Contract Analyst jobs in Worcester, MA are:

What cities near Worcester, MA are hiring for Contract Analyst jobs?

Cities near Worcester, MA with the most Contract Analyst job openings:

Contract Analyst jobs near you
Infographic showing various Contract Analyst job openings in Worcester, MA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 85% In-person, and 15% Hybrid job distribution, with an average salary of $75,718 per year, or $36.4 per hour.

Grant & Contract Analyst - Open Rank

University of Massachusetts Medical School

Worcester, MA • On-site

$50K/yr

Full-time

Re-posted 3 days ago

Job description

Overview
POSITION SUMMARY:
Under the general supervision of the Associate Director, Grant Accounting & Compliance or designee, the Grant & Contract Analyst performs varied financial and administrative functions to monitor compliance of post-award grants, contracts, and restricted gifts while adhering to governing policies, regulations, and requirements. The Grant & Contract Analyst will work with internal and external stakeholders to manage post-award financial transactions, reconcile financial accounts, and prepare financial reports to ensure continued funding for research in support of the mission and values of the university.
This is an open-rank posting (there are 4 levels of Grant & Contract Analyst) - candidates will be hired into the level commensurate with their experience.
Responsibilities
ESSENTIAL FUNCTIONS:
Grant & Contract Analyst I:
  • Contribute to monitoring and analysis activities of the university portfolio of research project grants, contracts, and restricted gifts, from award through closeout to protect the integrity of the university's research enterprise.
  • Enter award data in the financial system of record to establish the project record. Utilize reports and queries to monitor expenditures for accuracy and adherence to required policies and regulations. Work with departments to ensure appropriate action and resolution of issues.
  • Process invoices and payments based on the terms of the contract to ensure cash management requirements. Manage reconciliation of receipts and accounts receivable.
  • Identify sponsor terms and conditions that require attention.
  • Collaborate with departments to facilitate best grants management practices. Provide guidance and direction to external department staff to resolve compliance issues. Take appropriate action to process necessary corrections.
  • Reconcile expenditures, disbursements, and receipts. Prepare and submit financial reports to ensure compliance with sponsor and institution requirements.
  • Collaborate with pre-award staff in all grants management processes and procedures to ensure excellent customer service standard.
  • Demonstrate willingness and interest in assuming increasing levels of responsibilities and networking.
  • Communicate in a clear and concise manner to elicit and disperse information.
  • Perform other duties as required.

Grant & Contract Analyst II:
Duties noted above plus:
  • Monitor and analyze a portfolio of research project grants, contracts, and restricted gifts, including component budgets, from award through closeout to protect the integrity of the university's research enterprise and ensure continued funding for research.
  • Create the award/project in the financial system of record, accurately reflecting the sponsor terms, special conditions and reporting requirements, providing the Principal Investigator and administrators with the necessary information to meet deliverables and continue to be eligible for future funding.
  • Monitor expenditures for accuracy and adherence to required policies and regulations. Guide administrators and Principal Investigators in appropriate corrective action to ensure resolution of issues and continued funding for research projects.
  • Invoice sponsors based on the terms of the contract to ensure cash management requirements have been met. Act on behalf of the institution to resolve any questions. Manage payments, reconciliation of receipts, and accounts receivable.
  • Identify sponsor terms and conditions that require attention and communicate to Principal Investigators and department staff creative solutions to address the issue and ensure continued funding.
  • Analyze and reconcile expenditures, disbursements, and receipts. Prepare and submit financial reports to ensure compliance with sponsor and institution requirements.
  • Utilize reports and queries to monitor accuracy of data for compliance purposes and accuracy in the financial system of record.
  • Participate in policy and procedure review and improvement; provide feedback.

Grant & Contract Analyst III:
Duties noted above plus:
  • Monitor and analyze a sizable portfolio of complex grants, contracts, and restricted gifts, including multiple budget components, and prominent departments from award through closeout to protect the integrity of the university's research enterprise and ensure continued funding for research
  • Assess and analyze award documentation; create and record the award data in the financial system of record following the terms and conditions, special conditions, approved budget and reporting requirements, providing the basis for university reporting and management. Review setup work of less experienced staff to ensure accurate interpretation and system data.
  • Review and analyze expenditures for accuracy and adherence to required policies and regulations. Guide administrators and Principal Investigators in appropriate corrective action to ensure resolution of issues and continued funding for research projects.
  • Mentor less experienced staff in understanding, interpreting, and applying policies and procedures to assure best grant management practices.
  • Guide department staff to facilitate best grants management practices. Provide guidance and direction to external department staff to resolve compliance issues. Take appropriate action to process necessary corrections.
  • Modify and enhance system reports and queries to monitor data for compliance purposes and accuracy in the financial system of record.
  • Participate in policy and procedure review and improvement; identify any issues and suggest ideas for resolution.
  • Communicate in a clear and concise manner to elicit and disseminate information.

Grant & Contract Analyst IV:
Duties noted above plus:
  • Monitor and analyze a significantly complex portfolio of grants, contracts, and restricted gifts in high-profile departments, including numerous departments, multiple budget components and extraordinary sponsor requirements from award through closeout to protect the integrity of the university's research enterprise and ensure continued funding for research/
  • Generate award record in financial management system of record. Assess and analyze demographics to ensure award documentation; work within the enterprise financial management system to review and verify sponsor and institutional data pertaining to each award/project, providing the basis for university reporting. Analyze expenditures for adherence to required policies and procedures. Guide administrators and Principal Investigators through resolution.
  • Direct policy and procedure review and improvement, identifying issues and providing solutions.
  • Create reports and queries to monitor data for compliance; analyze and provide reports to leadership.
  • Lead efforts to gather and prepare information for audits, desk reviews and site visits.
  • Onboard, train and mentor less experienced staff in understanding, interpreting, and applying policies and procedures to assure best grant management practices. Develop and maintain standard operating procedures and training materials.
  • Create, maintain and deliver educational and training materials, providing high-quality guidance to department administrators and Principal Investigators.

Qualifications
REQUIRED QUALIFICATIONS:
Grant & Contract Analyst I:
  • Bachelor's degree in Business, Accounting, Finance or related field or equivalent experience
  • 0-1 years related business experience
  • Proficient in Microsoft Office Suite
  • Excellent interpersonal, verbal, and written skills needed to present and communicate effectively with a diverse population of stakeholders
  • Demonstrated time management and problem-solving skills with ability to organize and prioritize workload to meet deadlines.
  • Demonstrated understanding of financial documents such as system reports at summary and detail levels.

PREFERRED QUALIFICATIONS:
  • Knowledge of OMB Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
  • Knowledge of NIH Grants Policy Statement.

Grant & Contract Analyst II:
  • Requirements noted for GCA I plus:
  • 3+ years related business experience
  • Demonstrated time management and problem-solving skills with ability to organize and prioritize workload, identify problem areas and take action to meet deadlines.
  • Demonstrated ability to analyze and interpret financial documents such as system reports at summary and detail levels.

Grant & Contract Analyst III:
  • Requirements noted for GCA I plus:
  • 5+ years related business experience
  • Preferred: Professional Certification in Research Administration (CRA) or Master's Degree in Research Administration

Grant & Contract Analyst IV:
  • Requirements noted for GCA I plus:
  • 7+ years related business experience
  • Preferred: Proficiency with multiple and varied web-based reporting systems

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