Contracts Manager

Magellan Aerospace Corporation

$110K — $120K *
Aerospace & Defense
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor of Commerce Degree or Business Vocational School Diploma.
  • 5 to 8 years of business/management experience; contract administration experience preferred.
  • Strong understanding of commercial law related to terms and conditions.
  • Demonstrated skills in contract management and financial acumen.
  • Proficient in communication, leadership, and negotiation techniques.

Responsibilities

  • Supervise and support Contracts staff in achieving their performance goals.
  • Organize staff to effectively respond to customer inquiries, especially around regulatory changes.
  • Review and approve proposals and contracts in collaboration with other departments.
  • Negotiate contract terms and conditions for domestic and export customers.
  • Coordinate financial documentation linked to contracts, such as Letters of Credit.
  • Engage in broader commercial responsibilities and committee participation.
  • Ensure proposals align with financial goals and protect company interests.

Benefits

  • Attractive benefits package fully covered by the company.
  • Generous pension plan for long-term security.
  • Promotes a positive work-life balance for employees.
  • Offers excellent opportunities for career progression.
  • Access to an Employee Assistance Program for mental health support.
  • Opportunity to be part of an Employee Social Club fostering camaraderie.
  • On-site gym for health and wellness initiatives.
  • Complimentary parking for all employees.
Full Job Description
Position Summary

Magellan Aerospace, Mississauga has a great opportunity for a Contracts Manager. The purpose of this position is to assist the Director by facilitating day-to-day management of the Department in accordance with Company Procedures. The incumbent will assist in the supervision of Department Staff to ensure all aspects of the business cycle relating to proposals, contracts, administration, invoicing and warranty claims amongst other issues are efficiently handled in compliance with corresponding work instructions / procedures. The Contracts Manager will be responsible for all administrative functions of the Department.

Compensation: $110,000 - $120,000

Vacancy Reason: Replacement

Essential Responsibilities

  • Supervise, monitor and assist Contracts staff in the performance of their duties.
  • Organize the Contract staff to receive, review, and respond to customer enquiries. Specialized aspects of this include familiarity with frequently changing Canadian and U.S. Government regulations.
  • Coordinate, review and approve formal proposals / pricing with engineering, estimating, program management, marketing and the leadership team. Subsequent to proposal submission and contract awarded, ensure effective contract administration and monitoring.
  • Negotiation (actual + assistance) of Contracts (terms and conditions, price, delivery, etc...) both for Domestic and Export customers (potentially on-site).
  • Coordination and negotiation of financial papers associated with contracts (i.e. Letters of Credit, Performance Bonds, Banker's Guarantee)
  • Other duties that may carry commercial responsibilities such as committees, infrastructure, etc
  • Contribute to the overall Divisional profitability by ensuring that proposals meet financial requirements and the agreed T+C's adequately protect the company in all eventualities.


Position Requirements

  • Bachelor of Commerce Degree or Business Vocational School Diploma.
  • 5 - 8 years of business / management experience. Contract Administration experience an asset. Understanding of Commercial Law as it relates to terms and conditions.
  • Contract Management & Administration of Terms and Conditions, Commercial & Financial Acumen, Negotiations, Communication & Documentation, Leadership and Delegation Competencies, Public Speaking and Presentation
  • Skills: Contract Management, Commercial & Financial Skills, Computer Skills
  • Analytical & Problem-Solving Abilities, Negotiation & Relationship Abilities, Organizational & Execution Abilities, Timely Escalation of Issues
  • Attention to Details, Professionalism in Interactions with high level customers, suppliers, colleagues and senior leadership team, Able to Work Under Pressure, Resourceful, can lead cross-functional teams and delegate responsibilities, availability for travel.


Why Magellan?

  • Competitive salary
  • Attractive benefits package (fully Company paid)
  • Generous Company pension plan
  • Positive work-life balance
  • Excellent career progression opportunities
  • Employee Assistance Program
  • Employee Social Club
  • On-site gym
  • Free parking

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