Parker Hannifin

Contracts Manager I

Parker Hannifin$75K — $95K *
Aerospace & Defense
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or related field; certification in contract management preferred.
  • 7+ years of experience, including 2 years in a project lead role.
  • Contract management certification required; additional relevant certifications may be beneficial.
  • Ability to collaborate across teams and levels of leadership effectively.
  • Expertise in contract management processes and familiarity with various contract types.

Responsibilities

  • Lead and manage performance of contracts and programs across functional teams.
  • Negotiate contracts and ensure interdepartmental coordination during the process.
  • Evaluate contractual risks and implement risk mitigation strategies.
  • Oversee task planning, resource allocation, and financial reporting for assigned contracts.
  • Develop and mentor team members; champion professional development and certification initiatives.

Benefits

  • Comprehensive medical, dental, and vision coverage with competitive premiums.
  • 401(k) plan with company matching contributions.
  • Defined-contribution retirement plan with an annual 3% company contribution.
  • Tuition reimbursement and career development opportunities.
  • Paid parental leave and short/long-term disability programs.
Full Job Description
Position Summary

Leads a functional team in Mentor, OH and Moncks Corner, SC locations and is responsible for developing, negotiating, and administering a variety of assigned contracts of moderate scope and complexity. Supports the sites contract management function by aligning and implementing effective goals, policies, and procedures, and by ensuring contractual and regulatory compliance.

Essential Functions:
• Manages and is accountable for the performance of assigned contracts and programs. Leads negotiations and ensures coordination within and across internal teams. May lead multi-divisional contract negotiations.
• Applies thorough knowledge of products and services and understanding of division goals and strategies in developing contracts and proposals. Supports the Division and/or site by implementing and following through on with strategic objectives and tactical goals.
• Leads and guides the team in performing analysis, interpretation, investigation, and research of critical contractual information and data. Provides guidance on contract interpretations and in developing recommendations and negotiation alternatives.
• Evaluates the company's contractual risk in terms of cost exposure (e.g. compensation of damages/costs associated with performance) on assigned contracts. Works with the team to mitigate risk during contract performance. Manages the contractual change control process in accordance with program management change control procedures.
• Oversees and approves task planning on assigned contracts. Approves resource requirements and effort estimates. Applies understanding of program financial reporting methods. Ensures an effective process to advise other teams of contractual flow down requirements.
• Establishes direction for functional team and direct reports. Develops and mentors others. Champions professional certification and career development for the Group contracts administration/management community.
• May execute the duties associated with Export Compliance, including division-wide Export Compliance Program. May act as Division's Export Administrator.
• Investigates and resolves compliance problems and responds to questions from internal or customer sources and government regulatory agencies.
• Coordinates training and business meetings to facilitate the exchange of information on contract reviews. Develops and implements programs to increase cross-functional knowledge and awareness of contracting requirements and policies as needed.
• Maintains and coordinates contacts with domestic and foreign civilian and military representatives, as well as customers and government agency officials. Analyzes problem/opportunity areas, structures data-gathering and evaluation of internal processes, and coordinates responses.

Qualifications:
• Bachelor's degree (BA) in Business Administration or a related discipline. Contracts management certification preferred. Advanced degree (MS/MBA/JD) maybe preferred.
• 7 or more years of related experience, including 2 years in project lead role. Demonstrated experience with multiple contracts of varying complexity and scope.
• Requires contract management certification. May require Program Management certification or other certifications as appropriate to the job function.
• Ability to facilitate work within and across teams and varied levels of leadership and customer contacts
• Ability to quickly identify and address critical issues of complex programs and lead the team to develop action plan to improve performance.
• Broad understanding and knowledge of contract management processes and various contract types. Thorough knowledge of regulations and laws applicable to contracts. May require in-depth knowledge in broad range of export Regulatory Requirements and certification as an ECoP or equivalent.
• Able to lead process improvements; able to oversee/conduct training and rollout efforts to institutionalize process improvements.
• Proficient in contract management concepts, tools, techniques, and risk management. Understands the impact of key terms to flow down. Strong negotiation skills. Thorough knowledge of legal principles and the ability to identify high-risk contractual terms.
• Ability to create partnerships with the contract customers, end use customers, and suppliers.
• Has detailed knowledge of the product lines and marketplace associated with the fielded products in assigned contracts. Thorough knowledge of applied technology and processes included on the contracts.
• Demonstrated application of business concepts and accounting principles associated with project cost and budgetary planning/control. Thorough understanding of the relationships between basic product, program, and operational information related to contracting. Solid understanding of estimation methods, critical path analysis, and earned value techniques.
• Ability to effectively communicate and present status, actions, recommendations, and other technical information with clarity and precision. Able to respond to significant inquiries from customers, regulatory agencies, or other teams. Able to influence business decisions and negotiate resource allocation.
• Effectively uses current information technology, systems, and business applications related to contracting and customer/supplier interface; is proficient with standard software (e.g. Microsoft Office, Lotus Notes), project management and database analysis tools.

Additional Comments:

The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.

Benefit & Retirement Plans:
• 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 13 Company-Paid Holidays.

Conditions of Employment

This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.

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
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ

Similar Jobs

More Jobs at Parker Hannifin

More Aerospace & Defense Jobs

Find similar Contracts Manager I jobs: