Parker Hannifin

Contract Administrator

Parker Hannifin • $72K — $121K *
North Hollywood, CA 91605In-Person
Legal & Accounting
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or related field.
  • Contract management certification is preferred or in progress.
  • 2+ years of experience in contract administration or related field.
  • Strong knowledge of contract administration principles and regulatory requirements.
  • Proficient in business applications, especially SAP software.
  • Ability to negotiate contracts effectively and present information clearly.
  • Thorough understanding of corporate and division policies and procedures.

Responsibilities

  • Administer moderately complex contracts by analyzing performance and delivery requirements.
  • Determine compliant proposal packages in response to customer requirements.
  • Initiate bid processes and coordinate inputs from various functions.
  • Negotiate contracts within legal and company policies, ensuring clarity in terms.
  • Investigate and resolve claims or complaints by analyzing relevant information.
  • Monitor financial performance and delivery status for contract adjustments.
  • Act as primary contact for customers on assigned contracts.

Benefits

  • Comprehensive medical, dental, vision, and life insurance coverage.
  • 401(k) Plan with 100% company match on first 5% of pay.
  • Defined-contribution retirement plan with annual contribution of 3% of pay.
  • Career development opportunities with tuition reimbursement.
  • Paid parental leave and disability programs at no cost to employees.
  • Access to supplemental benefits like identity protection and legal assistance.
  • Generous Paid Time Off and Company-Paid Holidays.
Full Job Description
Position Summary

POSITION SUMMARY:

Administers contracts for products of moderate scope and complexity to ensure fulfillment of contractual obligations. Defines requirements, generates proposals, monitors performance, negotiates pricing and terms, and ensures compliance with contract requirements.

ESSENTIAL FUNCTIONS:
  • Administers moderately complex contracts by analyzing performance requirements and customer purchase order requirements including those issued against Basic Contract Agreements and/or Long-Term Agreements. Analyses include performance to delivery schedules, pricing, terms and conditions and other contract provisions.
  • Determines technically and commercially compliant proposal packages of moderate scope and complexity in response to contract or customer requirements. Evaluates performance requirements, delivery schedules, and estimates of costs of material, equipment, and labor hours.
  • Initiates the bid process by identifying requirements and coordinating input from other functions such as performance requirements, delivery schedules, and cost estimates. Develops responses to moderately complex requests for proposal (RFP) by reviewing bid process procedures, reviewing material, test and other requirements, and preparing appropriate responses. Prepares and submits proposals.
  • Negotiates contracts of moderate scope and complexity in accordance with legal and company regulations and policies. Negotiates price, terms and conditions, deliveries, and other business issues within scope of responsibility. Ensures contract provisions are clear and conform to company policy.
  • Investigates and resolves claims or complaints by collecting and analyzing information. Coordinates with relevant functions on technical and/or quality issues, data requirements, and other business as applicable.
  • Monitors contract financial performance and delivery status and determines the need for contract amendments or extensions. Determines when customer directed changes are out-of-scope.
  • Acts as the point of contact with the customer on assigned contracts and participates in customer presentations.
  • Supports export compliance administration or represent the site or division for implementation of export compliance actions.
  • Maintains current professional and technical knowledge and may participate in professional associations (e.g., the National Contract Management Association (NCMA or the International Association of Commercial Contract Management).
  • Complies with federal, state, and aerospace industry regulations; ensures adherence to requirements and advises management on needed actions.
  • Utilizes lean principles to develop and implement standard work.
QUALIFICATIONS:
  • Bachelor's degree (BA) in Business Administration or a related discipline.
  • Contract management certification is preferred or in process preferred.
  • Demonstrated ability to perform the essential functions of the job typically acquired through two or more years of experience in contract administration or a directly related field.
  • Knowledge of contract administration principles, industry practices, regulations, and policies. Knowledge of legal and regulatory requirements related to contract administration and government procurement, if applicable.
  • Maintains a thorough knowledge of corporate and division policies and administrative procedures.
  • Proficient in the uses of standard business applications (SAP) software and specialized in-house and customer systems.
  • Ability to work within general work objectives regarding projects and team goals.
  • Ability to read, analyze, and interpret policies and moderately complex contract terms and conditions, and recommend changes to procedures.
  • Ability to respond to significant inquiries or complaints from customers, regulatory agencies, or members of the business community.
  • Ability to effectively negotiate contracts to obtain the best prices and most favorable terms and conditions for follow on requirements.
  • Ability to effectively communicate and present information to team members, team leaders, and top management.
Pay, Benefits, Work Schedule

Competitive Compensation
  • Pay Range: $72650 to $121050 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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