Parker Hannifin

Sr. Contracts Specialist

Parker Hannifin • $95K — $115K *
Akron, OH 44312In-Person
Aerospace & Defense
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or related field; contracts management certification preferred.
  • 10+ years of progressive experience in contract management.
  • Demonstrated ability to plan and lead projects successfully.
  • Experience managing contracts across multiple divisions or distributed sites.
  • Proficient subject matter expert in all phases of Contract Management from pre-bid to post-award.
  • Strong grasp of financial considerations impacting contracts and business.
  • Effective problem-solver of complex issues needing innovative approaches.

Responsibilities

  • Lead complex negotiations crucial to the division's success, including unique contract challenges.
  • Proactively recommend changes for high-scope contracts focusing on risk management.
  • Administer and oversee unique contract requirements, ensuring compliance and accuracy.
  • Prepare technically compliant proposal packages for major customers based on contract requirements.
  • Initiate the bid process by defining requirements and coordinating contributions from various functions.
  • Resolve claims or complaints effectively by collaborating across relevant teams.
  • Monitor contract performance to ensure compliance and evaluate the necessity for amendments.

Benefits

  • Comprehensive coverage for medical/dental/vision with competitive premiums.
  • 401(k) plan with full match on the first 5% of contributions.
  • Defined-contribution retirement contribution of 3% of pay.
  • Career development opportunities and tuition reimbursement.
  • Additional benefits including paid parental leave and short/long-term disability.
  • Generous paid time off policy along with 13 company-paid holidays.
Full Job Description
Position Summary

The Sr. Contracts Specialist will be primarily responsible for complex, high-value contracting opportunities critical to long-term business success. May lead project teams responsible for overseeing a set of complex contracts related to assigned customers, market segments, product lines/programs, systems contracts, or key strategic contracts to ensure consistent approaches and alignment.

Serves as a subject expert and internal consultant on overall contracting processes, regulatory requirements, negotiation techniques, and evaluation of risk. Provides oversight for assigned programs, conducts contract risk management reviews and recommendations to efficiently and cost effectively mitigate potential problems, manage the change control process with the Program Manager, and provides leadership to projects and programs. Serves as a focal point to key internal and external stakeholders for the assigned contracts. This role will not have direct reports.

Essential Functions
  • Leads complex negotiations of strategic significance to the division. Negotiates all essential contract terms and conditions within a broad scope of responsibility. Negotiates or provides guidance on contract change proposals. Contract challenges are frequently unique and solutions may serve as precedents for future negotiations.
  • Makes proactive recommendations for contract changes for programs or projects of high scope and complexity. Focuses attention and activity on contract risk across assigned programs. Ensures contract provisions are clear and conform to company policy.
  • Administers and has oversight responsibility for highly competitive and unique contract requirements 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. Ensures processes in place that maintain accurate contract files and records of contract change activity.
  • Determines technically and commercially compliant complex proposal packages for major customers in response to customer or contract requirements. Reviews and 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. Develops complex responses to requests for proposal (RFP) by reviewing bid process procedures, reviewing material, test and other requirements, and preparing appropriate responses. Prepares and submits complex proposals with significant, long-term financial impact at the Division or Group level.
  • Investigates and resolves claims or complaints elevated for resolution. Coordinates with relevant functions on technical and/or quality issues, data requirements, and other business issues as applicable.
  • Monitors contract performance by determining compliance to contract requirements and determining the need for amendments or extensions to the contract. 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.
  • Leads initiatives to improve the efficiency of internal systems and processes within the division and/or with corporate and customer involvement. Recommends actions by analyzing and interpreting complex data and making comparative analyses. Analyzes proposed changes in methods.
  • Maintains current professional and technical knowledge by participating in professional associations. such as the National Contract Management Association (NCMA).
  • Complies with federal, state, and aerospace industry regulations; ensures adherence to requirements and makes recommendations to implement needed actions.
  • Acts as consultant to management on major contractual matters by performing analysis, interpretation of data, and incorporation of decision making. May serve as a spokesperson for the organization on significant matters relating to policies or programs.
  • Serves as a functional expert. Identifies mentoring needs. Trains and mentors less experienced employees. May provide leadership to others in department or to ad-hoc teams.
Qualifications
  • Bachelor degree in Business Administration or a related discipline. Contracts management certification preferred. Advanced degree (MS/MBA/JD) preferred.
  • 10+ years of related experience of increasing responsibility.
  • Has experience planning and leading projects.
  • Ability to manage contracts in distributed sites or across multiple divisions.
  • Understands and has demonstrated proficiency as a subject matter expert in the Contract Management pre-bid, bid, and post-award main phases and multiple stages. Ability to negotiate effectively on comprehensive proposals with major business impact.
  • Understanding of the financial considerations and linkage between business and immediate contract area. Demonstrated knowledge of financial aspects of business and program management. May be the Divisional administrator of the RFA tool.
  • Ability to solve a wide range of unique problems of considerable scope and complexity that may require new approaches or significant exceptions or modification of standard procedures.
  • Ability to advise on advanced contract administration principles, industry practices, regulations, and policies. Knowledge of complex legal and regulatory requirements related to contract administration and government procurement that may include international compliance.
Come join the Parker Aerospace Team! Our competitive package includes:

Competitive Compensation
  • Participation in Annual Incentive Program
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 13 Company-Paid Holidays.

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.

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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