Parker Hannifin

Contracts Manager II - Fluid Systems Division

Parker Hannifin • $122K — $215K *
Irvine, CA 92620In-Person
Business Services
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or related field; advanced contracts management certification required unless JD or MBA.
  • Eight or more years of related experience, including four years in leadership or project lead role.
  • In-depth knowledge of contract management processes and applicable regulations; may require knowledge of Export Regulatory Requirements.
  • Proficient in negotiation skills and understanding of legal terms; skilled in identifying high-risk contractual terms.
  • Demonstrated ability to create partnerships with contract customers and suppliers.

Responsibilities

  • Manages the performance of complex contracts and leads negotiations across internal teams and divisions.
  • Provides insights into division systems and strategies to support contract development and proposals.
  • Conducts analysis and offers formal recommendations on complex contractual information.
  • Evaluates contractual risks and manages change control processes during contract performance.
  • Develops and mentors junior members of the contract administration community.

Benefits

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

Contract Manager II - Fluid Systems Division

POSITION SUMMARY:

Works within the contracts management function for a large multi-site division. Manages a major contract or combination of contracts with broad scope and complexity. Participates in a division team to develop and administer complex contracts and negotiations. May lead multi-divisional contract negotiations. Supports the division and/or sites with strategic and tactical goals, policies, and procedures, and by ensuring contract and regulatory compliance.

Reports into a Contracts Manager at a large, multi-site division. Has regular interaction within team, across division functions and leadership, and with external stakeholders.

RESPONSIBILITIES:
  • Manages and is accountable for the performance of assigned contracts and programs. Leads complex negotiations and ensures coordination within and across internal teams. May lead multi-divisional contract negotiations.
  • Provides knowledge of division systems, products, and services and understanding of division goals and strategies in developing contracts and proposals. Supports division contracts function by effectively implementing and following through on strategic initiatives.
  • Performs analysis, interpretation, investigation, and research of complex contractual information. Advises team and leadership on contract interpretation and in developing solutions and formal recommendations.
  • Evaluates the company's contractual risk in terms of cost exposure (e.g. compensation of damages/costs associated with performance); establishes review processes to mitigate risk during contract performance. Manages contractual change control process (e.g. in accordance with the program management change control procedures). Ensures an effective flow down of contract requirements.
  • Oversees and approves task planning on multiple contracts. Approves resource requirements and effort estimates. Applies understanding of program financial reporting methods.
  • Develops and mentors others. Champions professional certification and career development of more junior members of the divisions contracts administration/management community.
  • Investigates and resolves compliance problems and responds to questions from internal or customer sources and government regulatory agencies. May draft or prepare responses on behalf of group/division positions.
  • 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.
  • May research, develop, and manage activities related to international business development activities (e.g. contract terms for use with non-U.S. customers; international letters of credit). Supports low-cost strategies and opportunities associated with international supplier and offset strategies and assisting with negotiations. Develops recommendations for general and specific courses of action.
  • Coordinates training and business meetings to facilitate the exchange of information on contract review. Develops and implements programs to increase cross-functional knowledge and awareness of contracting requirements and policies as needed.
  • Acts as a mentor and provides training to the Contract Management function and other functional teams, as needed.
The essential functions have been provided as examples 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 all-inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.

QUALIFICATIONS:
  • Bachelor's degree (BA) in Business Administration or a related discipline. Advanced contracts management certification required (e.g., National Contract Management Association (NCMA); International Association of Commercial Contract Management (IACCM) or equivalent) unless JD or MBA.
  • Eight or more years of related experience, including 4 years in leadership and/or project lead role. Demonstrated leadership of multiple contracts of varying complexity and scope
  • In-depth knowledge and understanding of the contract management processes and all contract types. Strong knowledge of regulations and laws applicable to contracts. May require in-depth knowledge in a broad range of Export Regulatory Requirements.
  • 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. Strong negotiation skills. Comprehensive knowledge of legal principles and ability to identify high-risk terms; understanding of the impact of key terms to flow down.
  • Demonstrated ability to create strong partnerships with the contract customers, end use customers, and suppliers.
  • Has detailed knowledge of the product lines and marketplace associated with the fielded products. Has in-depth knowledge of applied technology and processes on assigned contracts and programs.
  • Demonstrated use of business concepts and accounting principles associated with project cost and budgetary planning/control. Thorough understanding of 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, Excel, Salesforce, Outlook), project management and database analysis tools.
  • Ability to quickly identify and address critical issues on programs and contracts and lead the team to develop an action plan to improve performance.
DRUG-FREE WORKPLACE

In accordance with Parker's policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.

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

Pay, Benefits, Work Schedule

Competitive Compensation
  • Pay Range: $122910 to $215170 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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