Contracts Manager III Location : MENTOR, OH, United States Job Family : Program Management Job Type : Regular Posted : Jan 23, 2025 Job ID : 53994 Back to Search Results Job Description Apply Now > Save JobJob Saved At Parker Aerospace, we develop technologies and innovative solutions that enable reliable, efficient and increasingly sustainable flight for the lifecycle of the aircraft, including aftermarket support. Our passionate people with deep engineering expertise, together with our breadth of differentiated technologies, ensure that we make the extraordinary happen and continue to shape the future of aviation in partnership with our customers. As a member of our team, you are instrumental in fulfilling our mission: 'Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.' Pursuing a career at Parker presents unlimited opportunities for both professional and personal development. Working with some of the most brilliant minds in the industry, your contributions will be pivotal in developing innovative technologies and products, significantly contributing to Parker’s goal of addressing the world’s most pressing engineering challenges. At Parker, our team members belong, matter and make a difference. The vision of Gas Turbine Fuel Systems Division is to be the global leader in the design, development, manufacture, and service of engine fuel, lubrication, and thermal management systems and components for aerospace/defense and industrial applications. By leveraging our expertise in analysis, atomization, combustion, fluid metering, and control — coupled with enterprise excellence — we will exceed customer expectations and achieve our business objectives. Contracts Manager III Position Summary: Leads the Division's contract management function responsible for major contracts, negotiations, and analysis of strategic importance to business performance. May lead multi-divisional contract negotiations. Ensures efficient coordination and consistency of contract terms and conditions within the division. Consults with and advises Division leadership on major and/or critical contract negotiations to ensure appropriate review of potential liabilities and to assess risk-bearing contractual terms. Typically reports to the Division General Manager or to Division Staff. Functional report to Group Contract Management. Provides leadership to a large team or multiple teams. Regular interaction with Division Team Leaders, Division General Manager and staff, and external stakeholders. RESPONSIBILITIES: + Manages and is accountable for the performance of military and commercial contracts for all Divisional programs. Leads complex negotiations with major impact to division business outcomes. May lead multi-divisional contract negotiations. + Contributes to meeting business objectives and participates in strategic planning at the Division level. Exhibits understanding of division goals and strategies and applies them to contract management practices. Participates on the Group Contracts Management Leadership Team to develop and implement strategies. + May research, develop, and manage activities related to international business development activities (e.g. contract terms for use with non-U.S. customers and suppliers; international letters of credit). Supports low-cost strategies and opportunities associated with international supplier and offset strategies and assisting with negotiations. Recommends general and specific courses of action + Provides expert advice and interpretation of legal contract and subcontract terms and conditions to minimize or reduce risk and potential liabilities. Analyzes, defines, and estimates the potential impact of contract liability and works with and across divisions to determine negotiation strategy and workable alternatives. + Plans, develops, recommends, and implements training, procedures, and systems to be used for contract review across the Division. Participates in high-risk or complex areas such as multi-division contracts, major sub-contracts, joint ventures, and/or systems contracts. Establishes criteria and process for the review of contract exceptions. + 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. + Manages the contract management budget for Division. Oversees and approves task planning on large contracts or programs; approves resource requirements and effort estimates. Provides risk management techniques and analysis and implement a division change management process. Leads the development of a consistent, effective process for contractual flow down requirements. + Responsible for Division implementation of and compliance with Parker export compliance policies and procedures. Provides cohesive leadership in export compliance for the division. + Investigates and resolves compliance problems and responds to questions from internal or customer sources and government regulatory agencies. Prepares letters on behalf of Group/Division positions. + 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. + 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) may be preferred. + 10 or more years of related experience, including 5 years in a leadership role. + Demonstrated leadership of multiple contracts of significant complexity and scope. + Requires Contracts Management certification. May require Program Management certification or other certifications as appropriate to the job function. · Prior training and experience in leadership principles and in leading high-performing teams. + Thorough knowledge and understanding of the contract management processes and all contract types. Advanced knowledge of regulations and laws applicable to contracts. May require advanced knowledge of US export compliance rules and regulations and be designated as an Empowered Official + Able to lead on-going process improvements; able to oversee/conduct training and rollout efforts to institutionalize process improvements. · Proficiency in Contract Management concepts, tools, techniques, and risk management. Strong negotiation skills. Comprehensive knowledge of legal principles behind high-risk terms. · Ability to develop and maintain strong working relationships with the contract customers and internal teams. + Has detailed knowledge of the product lines and marketplace associated with the fielded products. Has in-depth knowledge of applied technology, associated tools and processes on the contracts. + Demonstrated knowledge and use of business concepts and accounting principles associated with the contract cost and budgetary planning/control. 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), project management and database analysis tools. + Ability to quickly identify and address critical issues of complex programs and lead team to develop action plan to improve performance. Able to make solid tactical and strategic decisions. 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. We offer a comprehensive and competitive total compensation package. Come join the Parker Aerospace Team! We are proud to offer competitive benefits designed with health, wealth and well-being in mind.Our competitive package includes Health and Wellbeing: + Our benefits start on day 1 of employment! We offer comprehensive medical, dental, and vision coverage from day one, including Health Savings and Reimbursement Accounts. + Wellness incentive credits leading to reduced healthcare premiums. + Access to Employee Assistance Program (EAP) for health and well-being support. + Access to multiple dental plan options and vision coverage. + Flexible Spending Accounts for both Childcare and Healthcare expenses as well as optional Supplemental Medical Benefits. + Reduced healthcare premiums offered with a wellness incentive credit. + Company provided Life Insurance + Accidental Life & Dismemberment Insurance, Short Term and Long-Term Disability insurance. Additional supplemental benefits include legal protection plan, pet insurance coverage options, and identity-theft protection. Financial Security and Growth: + Competitive salary with an annual bonus incentive plan. + 401k Employer match up to 5% and an annual Retirement Income Account (RIA) contribution of 3%. Overall, 8% company match. Time Away & Work-life Balance: + Generous Paid Time Off + Paid holidays + Parental Leave: 4 weeks at 100% pay for new family additions. + Extras like Adoption Assistance, financial guidance resources, paid jury duty, bereavement time, and time off for citizenship testing, marriage, and birth. Career Advancement and Education: + Career development opportunities with up to $10,000 tuition reimbursement per year. + Support for ongoing education through our Educational Reimbursement program. Parker Purpose Opportunities (Social Responsibility): + Business Resource Groups promoting diversity, equity and inclusion. + Engagement activities celebrated throughout the year. Examples include Internal Career Day, FYE Celebration, anniversary recognition events, employee appreciation, veteran appreciation, and more! + The Parker Foundation provides access to donation matching, disaster relief, charitable organization funding, and paid volunteer hour s. Additional Benefits: + Employee discounts on various services (car purchases, computer purchases, life adventures, etc.). + Employee Referral program - Refer a family member or friend and receive a generous award for referrals that are hired (up to $4,000). Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. This position is subject to meeting US export compliance and/or US Government contracting citizenship eligibility requirements” (“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”) If you would like more information about Equal Employment Opportunity as an applicant under the law, please go toKnow Your Rights: Workplace Discrimination is Illegal (eeoc.gov) (https://www.dol.gov/sites/dolgov/files/OFCCP/regs/compliance/posters/pdf/22-088\_EEOC\_KnowYourRights-ScreenRdr.pdf) andGenetic Information Discrimination (https://www.eeoc.gov/genetic-information-discrimination) 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.