Contract Specialist

GATX Corporation, an industry leader founded in 1898 and headquartered in Chicago, IL, is seeking a Contract Specialist. The role involves generating legal contract documentation, managing SAP entries for invoice generation, and maintaining the customer database program, while also serving as a point of contact for internal inquiries regarding SAP processes and billing issues. Responsibilities Prepare various types of legal contracts for railcar and locomotive leasing including, but not limited to, net/full lease conversions, release and reassignments, lease termination agreements and lease transfers related to mergers and acquisitions Proofread and edit all lease documents prepared by the Contract Team to ensure relevant contractual clauses are present Resolve urgent customer inquiries on a wide range of issues. Work with appropriate ASL, Account Receivable representative to ensure customer requests and/or questions are resolved satisfactorily while maintaining strict adherence to SOX processes Working with the Contract Team to ensure month-end completion of all operations related to (including renewals, assignments, amendments and transfers) billing of active lease contracts in SAP, Salesforce and ECM Update customer name and contact changes in SAP, Salesforce, DocuSign and ECM as it pertains to rental and non-rental customers Maintain clause library in DocuSign, Master Contract details in Salesforce and online templates under ISITE Process adjustments for rate changes, retroactive lease transactions and restructured deals Responsible for initiating invoices in SAP per the commercial agreements, recording customer liability and responsibility items Ensure Salesforce, SAP and Locomotive MFSR (Monthly Fleet Status Report) data are synchronized Ensure appropriate internal approvals are received from Investment Risk Management, as required Maintain contract files in accordance with Records Retention policies Provide reports and documents to internal/external auditors as well as explanations of process and initial order request Skills Bachelor's degree 1-3 years of contracts administration, legal or other relevant experience required Strong PC skills with knowledge of Microsoft Applications (Excel, Word, PowerPoint and One Note), ECM (open text), DocuSign and Salesforce Exceptional understanding of SAP Basic Accounting experience related to solving invoicing issues Paralegal certification strongly preferred Railcar and locomotive contract experience Benefits Short-term incentive plan Company Overview GATX is an equipment finance company based in Chicago, Illinois. It was founded in 1898, and is headquartered in Chicago, Illinois, USA, with a workforce of 1001-5000 employees. Its website is