Parker Hannifin

Assoc Contract Adm

Parker Hannifin • $70K — $103K *
Irvine, CA 92620In-Person
Legal & Accounting
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or related field.
  • Participation in professional associations preferred.
  • Basic understanding of contract administration principles and general business operations.
  • Familiarity with legal and regulatory requirements related to contracts.
  • Ability to work under general supervision with minimal direction.
  • Proficient in reading and analyzing contracts and financial documents.
  • Strong negotiation skills to ensure favorable terms.

Responsibilities

  • Administer contracts to ensure they meet performance and compliance requirements.
  • Evaluate proposal packages for technical and commercial compliance.
  • Support negotiations on price, terms, and contract provisions.
  • Investigate and resolve customer claims related to contracts.
  • Authorize sales orders and communicate contract details for order fulfillment.
  • Research customer issues and provide timely updates on resolutions.
  • Ensure compliance with relevant regulations and company policies.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • 401(k) plan with company matching contributions.
  • Defined-contribution retirement plan with annual contributions.
  • Career development and tuition reimbursement options available.
  • Paid parental leave and other family assistance programs.
  • Short and long-term disability coverage included at no cost.
  • Competitive paid time off and company-paid holidays.
Full Job Description
Position Summary

SUMMARY:

Administers assigned contracts of low scope and/or complexity to ensure fulfillment of contractual obligations. Identifies requirements, generates and provides input for proposals, supports negotiation in pricing and terms, monitors contract performance, and ensures compliance with contract requirements.

Has responsibilities for Order Management comprised of: Significant order entry, schedule changes, portal management, creation of Demand Plan, as part of Sales and Operating Plan (S&OP), Customer communications and PO/Contract Validation & Analysis.

SCOPE/SUPERVISION AND INTERACTION:

____ Has Direct Reports __X_ Does Not Have Direct Reports

Individual contributors typically report to a Contracts Manager or Lead position. Has routine interaction with functional team members and identified internal resources. May have limited contact with customers.

ESSENTIAL FUNCTIONS:
  • Administers contracts by analyzing performance requirements and customer purchase order requirements issued against Purchase Orders, Basic Contract Agreements, and/or Long-Term Agreements. Analyses include performance to delivery schedules, pricing, terms and conditions and other contract provisions. Ensure contract files and supporting documents are maintained.
  • Determines technically and commercially compliant proposal packages in response to customer or contract requirements. Evaluate performance requirements, delivery schedules, and estimates of costs of material, equipment, and labor hours.
  • Supports negotiation of basic contract requirements in accordance with legal and company regulations and policies. Supports negotiation of price, terms and conditions, deliveries, and other business issues within scope of responsibility. Ensures contract provisions are clear and conform to company policy.
  • Investigate customer claims by collecting and analyzing information. Monitors contract performance and determine the need for contract amendments or extensions. Determines when customer directed changes are out-of-scope. Maintains records of contract change activity.
  • Authorizes the work to be performed by releasing the Sales Order into the system. Provides contract information to others in planning or operations for order fulfillment and communication with customers.
  • Researches and resolves customer issues and provides status. Keep the customer informed until the specific problem is resolved.
  • Complies with federal, state, and aerospace industry regulations; ensures adherence to requirements and advises management on needed actions.
  • Maintains current professional and technical knowledge and may participate in professional associations (e.g. the National Contract Management Association (NCMA); the International Association of Commercial Contract Management (IACCM).
JOB REQUIREMENTS:
  • Bachelor's degree (BA) in Business Administration or related discipline. Professional entry level position. May have limited prior industry experience or have worked under direction in previous student internship programs.
  • Participation in professional association preferred (e.g. the National Contract Management Association (NCMA); the International Association of Commercial Contracts Management (IACCM).
  • Understanding of basic contract administration principles and concepts and general business operations. General knowledge of legal and regulatory requirements related to contract administration.
  • Ability to develop a thorough knowledge of corporate and division policies and administrative procedures.
  • Ability to work with only general work direction and instructions regarding the scope and priority of assignments.
  • Ability to read, analyze, and interpret contracts, financial reports, and technical proposals; develops recommendations to clarify or resolve problems.
  • Ability to respond to inquiries or complaints from customers, regulatory agencies, or other internal teams.
  • Ability to support negotiation effectively to obtain best prices and terms on products, materials, and services.
  • Ability to use standards business applications software and to learn specific databases for contracts or customer contacts.
  • Ability to effectively communicate and present information to team members, team leaders, and customers.

Pay, Benefits, Work Schedule

Competitive Compensation
  • Pay Range: $70890 to $103375 annually
  • Participation in Annual Incentive Program
Benefit & Retirement Plans

Parker offers competitive benefit programs, including:
  • Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
  • 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
  • Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
  • Career development and tuition reimbursement.
  • Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • Paid Time Off and Company-Paid Holidays.

About Parker Hannifin

Parker Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial, and aerospace markets. They are also demonstrating how their interconnected portfolio of motion and control technologies is critical to enabling a cleaner and sustainable world.

Parker Hannifin Careers

Join the vibrant team at Parker Hannifin, a global leader in motion and control technologies, and be part of a company known for its innovative approach and commitment to excellence. At Parker Hannifin, we offer a wide range of job opportunities that allow professionals to advance their careers in an environment that fosters growth, leadership, and diversity.

Work You’ll Do

At Parker Hannifin, every position contributes to our mission of solving the world’s greatest engineering challenges. Our team is composed of highly skilled professionals dedicated to pushing the boundaries of technology and innovation. Whether you are looking for a full-time position, an internship, or a leadership role, Parker Hannifin has a place for you.

Innovate and Lead

Embrace the opportunity to lead projects that redefine industry standards. Parker Hannifin is at the forefront of technological innovation, and our employees are the driving force behind our success. With a culture that values diversity and creative problem-solving, you will work alongside some of the brightest minds in the industry.

Grow Your Career

Parker Hannifin is committed to the professional growth of our employees. With comprehensive training programs and a focus on career development, we ensure that our team members have the resources they need to succeed. Our commitment to professional development is matched by our dedication to promoting from within, providing a clear path for career advancement.

Be Part of a Great Team

Our team at Parker Hannifin is our greatest asset. We pride ourselves on a culture that promotes teamwork, respect, and collaboration. With a global network of professionals, the opportunities for networking and cross-functional collaboration are vast. Join us and be part of a team that is making a difference in the world.

Benefits and Culture

Parker Hannifin offers a competitive benefits package that supports the health, well-being, and financial security of our employees and their families. From health insurance to retirement plans, we provide the benefits that help you live a healthier and more secure life. Our inclusive culture encourages involvement and offers various channels for employees to express their ideas and insights.

Explore Job Opportunities

Are you ready to take the next step in your career? Explore the exciting job opportunities at Parker Hannifin. From engineering to marketing, and from sales to customer service, we have positions that match a wide range of skills and interests. - **Search Parker Hannifin Jobs**: Find open positions that align with your skills and career goals. We are continuously hiring and looking for new talent to join our dynamic team. - **Prepare Your Application**: Tailor your resume and prepare for your interview with us. Show us how your experience and skills make you the perfect fit for Parker Hannifin. - **Internship Programs**: Gain hands-on experience and build your professional network through our internship programs. These opportunities are designed to give you a solid foundation in your chosen field.

Stay Connected

- **Join Our Team**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Career Development**: Engage in ongoing learning and development programs to enhance your skills and boost your career prospects. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Parker Hannifin. At Parker Hannifin, we are not just offering jobs; we are offering careers that make a global impact. Join us and be part of a legacy of leadership, innovation, and diversity.
Learn more about Parker Hannifin
Size
54,640 employees
Market Cap
$37.5 billion
Industry
Manufacturing & Automotive
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ
PH
* Ladders Estimates

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