Oracle
Enterprise software, cloud infrastructure, databases provider
Contracts Administrator 2
About the job
- Typically requires a Bachelor's degree in Business Administration, Finance, or a related field; some positions may require a Master's degree or professional certification such as Certified Commercial Contracts Manager.
- Typically requires 5 or more years of experience in contract management, negotiation, or a related field.
- Requires a strong understanding of contract law principles and legal terminology.
- Requires meticulous attention to detail to identify errors or ambiguous clauses in complex documents.
- Requires written and verbal communication, negotiation, and interpersonal skills to engage effectively with diverse stakeholders.
- Requires the ability to manage multiple contracts and deadlines simultaneously in a fast-paced environment.
- Requires proficiency with Microsoft Office Suite, primarily Excel.
- Requires practical knowledge of crafting and leveraging AI prompts to support automation, workflow enhancement, and informed decision-making.
- Prepare, review, and modify vendor, client, sales, non-disclosure, and other agreements to ensure clarity, accuracy, and alignment with company policies and legal requirements.
- Manage the contract process from initial request and authoring through execution, performance monitoring, renewal, or termination.
- Ensure parties adhere to contract terms and conditions; monitor compliance with federal, state, and local laws; identify and mitigate legal, financial, and operational risks; and adhere strictly to internal contract management policies and procedures.
- Serve as the primary liaison between internal teams, including legal, accounts receivable, reporting, collections, process owners, business practice, and approvers, and Sales to ensure mutual understanding and agreement on contract terms.
- Ensure contractual records and correspondence are attached in the Q system for efficient retrieval and continuity.
- Address and resolve contract-related issues, conflicts, or breaches in a timely and professional manner to avoid litigation and maintain positive relationships.
- Identify and analyze opportunities for process optimization, operational efficiency, and service quality enhancements; collaborate with cross-functional teams to implement best practices and innovative solutions; and track initiative effectiveness using data-driven metrics.
About the company
Oracle provides enterprise software, cloud infrastructure, databases, and business applications for organizations. It offers cloud computing, storage, networking, and AI-enabled data management, plus Fusion Cloud Applications for ERP, HCM, supply chain, manufacturing, and customer experience, with options for hybrid and on-premises deployment. The company differentiates itself with an integrated stack that spans databases, cloud infrastructure, and enterprise apps, built on a history of acquisitions and a broad customer base. Its goal is to help organizations run operations efficiently, scale data and processes, and pursue digital transformation through an end-to-end platform.
Company Size
10,001+
Company Stage
IPO
Headquarters
Austin, Texas
Founded
1977
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Simplify's Take
What believers are saying
- Oracle’s Q1 FY2027 revenue rose 29.6% to $19.3 billion on September 10, 2026.
- Oracle’s remaining performance obligations reached $664 billion, with about half expected within 36 months.
- Oracle booked more than $30 billion in new AI contracts and grew cloud infrastructure 121%.
What critics are saying
- Reuters reported September 24, 2026 Oracle invoked force majeure on Project Jupiter.
- Oracle reported negative fiscal 2026 free cash flow of $23.7 billion against $125 billion debt.
- Oracle increased restructuring costs to $2.8 billion on September 11, 2026, after layoffs.
What makes Oracle unique
- Oracle Database 26ai and OCI Enterprise AI bundle databases, agents, and governance.
- Oracle’s September 28 Swift-ledger integration ties tokenized deposits to existing payments infrastructure.
- OCI serves government and defense clouds, including September 2026 PostgreSQL and AI releases.
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Benefits
401(k) Savings and Investment Plan with company match
Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
11 paid holidays
Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
Paid parental leave
Adoption assistance
Employee Stock Purchase Plan
Financial planning and group legal
Voluntary benefits including auto, homeowner and pet insurance
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 2%2 year growth
↑ 3%Michael Burry, the hedge fund manager who predicted the 2008 financial crisis, has warned that AI companies are hiding $3 trillion in data centre debts that could destabilise the global economy. Burry's analysis of regulatory filings reveals Apple, Google, Microsoft, Meta and Oracle have accumulated massive off-balance-sheet obligations. The five companies have signed $1.2 trillion in data centre leases, with at least $857 billion non-cancellable, plus over $1.5 trillion in supply chain purchase commitments. These liabilities don't appear on their balance sheets under current accounting rules. Burry warns this could reach $5 trillion by 2028. With combined annual earnings under $400 billion, Burry questions what happens if AI growth disappoints. Oracle, Microsoft and Meta shares have already fallen from recent peaks.
Oracle is integrating with Swift's blockchain ledger to help financial institutions connect tokenised deposit infrastructures across banks. The integration enables banks to extend existing payment services with interoperable tokenised deposits and manage traditional and digital asset payment flows through a unified operating model. Swift's ledger provides cross-bank coordination, allowing participating institutions to incorporate tokenised deposits from their own bank-centric ledgers into interbank payment flows. Oracle simplifies participation through Oracle Blockchain Platform and Oracle Digital Assets Data Nexus, providing a pre-integrated foundation for tokenised deposit infrastructure. Oracle Banking Payments connects these digital asset flows with existing ISO 20022 payment processing. The solution aims to help institutions deliver seamless, always-on payment experiences whilst maintaining control, security and regulatory compliance. Oracle announced the integration at Sibos in Miami.
Oracle and Salesforce have underperformed the market over the past year, with Oracle's stock plummeting 55% and Salesforce down 3%, compared to the S&P 500's 16% gain. Both companies are investing heavily in artificial intelligence. Oracle is pivoting towards cloud infrastructure, securing major contracts with OpenAI, Meta, and Nvidia. First-quarter cloud infrastructure sales surged 121% year-over-year to $7.4 billion, with total revenue rising 30% to $19.3 billion. However, investor concerns are mounting over Oracle's aggressive AI spending. Capital expenditures jumped 235% to $28.5 billion in the first quarter. The company's $165 billion Project Jupiter data centre in New Mexico faces delays due to permitting and power supply issues, pushing completion beyond the original late-2028 target. These setbacks have spooked shareholders worried about the return on Oracle's massive AI infrastructure investments.
Intuit reported FY 2026 revenue of nearly $21.4 billion, up 13.9%, with net income of $4.6 billion and a net margin of about 21.3%. The company serves roughly 93 million users through TurboTax and QuickBooks. Oracle posted FY 2026 revenue of close to $67.4 billion, up 17.4%, with net income of approximately $17.1 billion and a net margin of roughly 25.4%. However, free cash flow was negative $23.7 billion due to heavy data centre investments. Intuit maintains a debt-to-equity ratio of roughly 0.4x, whilst Oracle's stands at nearly 3.7x. Oracle recently settled data privacy issues for $115 million. Oracle's cloud infrastructure revenue more than doubled in the most recent quarter, with a backlog exceeding $600 billion signalling strong future demand.
Oracle granted founder Larry Ellison and co-CEOs Clay Magouyrk and Mike Sicilia stock options worth $988 million in fiscal 2026. By year-end on 31 May, all options were underwater as Oracle's stock fell 53% over 12 months to $137. Ellison's package was valued at $117.8 million with a $280 strike price. Magouyrk and Sicilia received options worth $621.7 million and $248.7 million respectively, with a $308 strike price following their September 2025 promotions. Despite the stock decline, Oracle's cloud revenue rose 39% to $34 billion and overall revenue increased 17% to $67.4 billion. However, free cash flow was negative $23.7 billion. All three executives received $4.9 million cash bonuses. Ellison's base salary increased from $1 to $950,000. Shareholders will vote on the pay plan on 18 November.