In addition, the role also supports contract negotiations, governance, contract execution, purchase order (PO) compliance, contract accrual management, selected General Accounting (GA) activities related to supplier contracts and commercial commitments, and contract-related accrual activities to ensure financial commitments are appropriately tracked, recorded, and reported.
Key Responsibilities
Contract Review & Administration (Primary Function)
Review supplier agreements, NDAs, Statements of Work (SOW), Master Service Agreements (MSA), software licenses, SaaS agreements, and service contracts for completeness, compliance, and risk exposure.
Perform initial contractual risk assessments and identify non-standard terms for Legal and Procurement review.
Prepare contract summaries, risk assessments, and contract review reports.
Coordinate contract redlining activities and stakeholder feedback.
Maintain contract records, executed agreements, amendments, renewals, and supporting documentation.
Monitor contract expirations, renewal notices, and key contractual obligations.
Support implementation and enforcement of contract governance processes and controls.
Ensure compliance with procurement policies, delegated authority requirements, and approval workflows.
Assist in contract audits and compliance reviews.
Maintain contract templates, clause libraries, and governance documentation.
Generate periodic contract status and compliance reports.
Contract Financial Management & Accruals
Support monthly, quarterly, and annual financial close activities related to supplier contracts and purchase commitments.
Review open Purchase Orders, contract obligations, and services received to identify required accruals.
Partner with Finance to maintain contract accrual schedules and supporting documentation.
Monitor committed spend versus actual spend and identify potential over- or under-accrual situations.
Partner with Finance and business stakeholders to validate accrued expenses and future financial obligations.
Assist in forecasting contract-related expenditures and financial commitments.
Track contractual milestone payments and ensure expenses are recognized in the appropriate accounting period.
Support audit requests and provide documentation supporting accrual balances and contract liabilities.
General Accounting (GA) Support
Assist with contract-related General Ledger (GL) reviews and reconciliations.
Validate GL coding, account assignments, and cost center allocations for supplier expenditures.
Support balance sheet reconciliations for accruals, prepaid expenses, and contract-related liabilities.
Partner with General Accounting, Accounts Payable, FP&A, and related teams on month-end and quarter-end close activities.
Maintain financial records and documentation supporting internal controls, SOX compliance, and audit requirements.
Purchase Order Governance & Financial Controls
Review Purchase Requisitions and Purchase Orders for compliance with contractual terms, budgets, approval authorities, and accounting requirements.
Ensure proper linkage between contracts, Purchase Orders, invoices, and accounting records.
Validate PO funding allocations, account coding, project charging, and cost center assignments.
Monitor PO consumption and remaining balances against approved contract values.
Support PO closeout, change order management, and contract amendment administration.
Investigate and resolve three-way match exceptions involving Purchase Orders, receipts, and invoices.
Coordinate with Accounts Payable and stakeholders to address invoice holds, payment discrepancies, and unmatched transactions.
Analyze committed versus actual spending and provide reports to Procurement and Finance leadership.
Support financial controls related to supplier commitments, budget utilization, and procurement compliance.
Ideal Candidate Profile
We are seeking a detail-oriented and analytical professional with experience in contract administration, procurement operations, and financial governance. The ideal candidate will possess strong contract review capabilities combined with hands-on experience supporting purchase order processes, accrual accounting, expense allocation, General Ledger activities, and procurement compliance. This role requires strong collaboration with Procurement, Legal, Finance, Accounting, and business stakeholders to ensure contracts are properly governed, financially controlled, and aligned with company policies and business objectives.
Additional Information
This position requires a successful background and reference checks and satisfactory proof of your right to work in: Philippines Lattice recognizes that employees are its greatest asset and the driving force behind success in a highly competitive, global industry. Lattice continually strives to provide a comprehensive compensation and benefits program to attract, retain, motivate, reward and celebrate the highest caliber employees in the industry.
Lattice is an international, service-driven developer of innovative low cost, low power programmable design solutions. Our global workforce, some 1,000 strong, shares a total commitment to customer success and an unbending will to win. For more information about how our FPGA, CPLD and programmable power management devices help our customers unlock their innovation, visit www.latticesemi.com. You can also follow us via Twitter, Facebook, or RSS. At Lattice, we value the diversity of individuals, ideas, perspectives, insights and values, and what they bring to the workplace. Applications are welcome from all qualified candidates.
