American Electric Power · 20 hours ago
Procurement Contracting Manager
Columbus, OH
Full-time
Onsite
Senior Level
$138K/yr - $148K/yr
7+ years expAmerican Electric Power is a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. The Supply Chain Contracting Manager plays an integral role in leading the assessment and management of contractual terms and conditions to mitigate financial, legal, and insurance risk, while also facilitating continuous improvement of the CLM system and leading training for the Procurement teams.
Clean EnergyEnergyEnergy ManagementFinancial Services
Responsibilities
Models and manages contractual language for major spend categories (i.e. large construction projects, major capital equipment, technology, and services)
Coaches a team of professionals responsible for contract administration and analytics
Facilitates training for Contracting, Sourcing, and internal stakeholders to demonstrate the interaction and importance of Contracting processes, policies and Legal language to maximize terms
Leads complex and non-standard negotiations with suppliers to mitigate risk
Builds and maintains strong relationships with Business Units, Sourcing, Legal, Insurance, Cyber, and Internal Audit stakeholders
Recommends ways to minimize risks and ensure compliance with all legal and business practices (recommends contract strategies based on best practices and changing company needs)
Identifies factors affecting non-advantageous and high-risk terms
Initiates meetings with Legal, Insurance, Cyber and Audit, to create contract language that defines adjustments based on the identified risks
Monitors, reports, and maintains contracting metrics
Manages risk and ensure business/compliance needs are accurately reflected in contracts
Facilitates and is the first point of escalation for contract administration and business line contracting concerns
Aids management in ensuring efficient CLM contracting processes that adhere to all applicable American Electric Power policies, procedures, and processes applicable to the purchase of goods and services
Qualification
Required
Bachelor's Degree from an accredited college or University, preferably in Engineering, Accounting, Finance, Supply Chain, Digital, Law, Business, Construction Management or other related field
Seven (7) or more years of progressive professional experience in contracting, contract management and contract negotiating, strategic sourcing, procurement, cost accounting, engineering, legal, and/or finance
Candidates with an advanced degree, MBA, or Doctorate, will be considered with five (5) or more years of related work experience
Candidates with eleven (11) or more years of related work experience will be considered in lieu of degree
Superior communication (oral and written), interpersonal, and presentation skills, with strong influencing and persuasive talents
Demonstrated ability to be innovative, take initiative, lead and manage change
Experience negotiating substantially large and complex commercial agreements
Must be a proven expert in managing contracts directly and as a coach to others
Strong negotiation and project management skills required
Proficiency with Microsoft Word, Excel, and PowerPoint required
Good interpersonal skills and communication with all levels of leadership required
Able to multitask, prioritize, and manage time efficiently required
Solid verbal and written communication skills required
Benefits
A unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees
Company
American Electric Power
American Electric Power generates, transmits, and distributes electricity, serving residential, commercial, and industrial customers.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$5.03BKey Investors
GRIP ProgramInvenergy
2025-11-25Post Ipo Equity· $3.5B
2023-10-19Grant· $27.8M
2023-08-16Post Ipo Equity· $1.5B
Leadership Team
William Fehrman
President and Chief Executive Officer
Charles E Zebula
Executive Vice President and Chief Financial Officer
Recent News
The Motley Fool
2026-01-11
2026-01-09
The Motley Fool
2026-01-09
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