Division Contracts Manager

Org Marketing Statement 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. Position Summary The Division Contracts Manager is responsible for the leadership of the Contracts Management function for Braking Systems Division across the sites based in US and UK. Contracts Management team includes direct employees and may also include young career members such as Leadership Development Associates, Graduates and Apprentices on temporary placements. Leads and manages combination of customer contracts with broad scope and complexity. Leads Contract Management within its team to develop and administer complex contracts and negotiations. Supports the division with strategic and tactical goals, policies, and procedures, and by ensuring contract and regulatory compliance. Manages and is accountable for the performance of customer contracts. Leads complex negotiations and ensures coordination within and across internal teams. 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. Participates on the Group Contracts Management Leadership Team to develop and implement strategies. Essential Functions Leads team in performing analysis, interpretation, investigation, and research of complex contractual information. Advises team, Senior Leadership and other functions on contract interpretation of contractual rights, benefits and obligations and in developing solutions and formal recommendations. Leads team in generating, drafting, reviewing and negotiating terms and conditions for all business matters relating to customer contracting. 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. 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. Responsible for identifying, assessing, validating, and managing customer claims and assertions and resolution of disputes. Owns the governance and administration of the RFA (Request for Approval) policy and process within the division. Key Accountabilities Establishes direction for functional team and directs reports to deliver effective contract management within the division. Applies understanding of program financial reporting methods. Extracts value from contracts and opportunities to maximize the benefit of the business case. Leads customer dialogue related to all contractual topics including negotiation of contract terms and conditions, pricing and dispute resolution to achieve the best possible outcomes for the business. Develops and implements programs to increase cross-functional knowledge and awareness of contracting requirements and policies as required. Develops and implements procedures for effective document filing, retention and archiving in accordance with the corporate policy. Decision Making Authority Oversees and approves task planning for all contracts within the Division. Approves resource requirements and effort estimates with Line Manager. Reviews and approves Division’s RFA packs related to new opportunities, contract scope changes and strategies for dispute resolution together with the Division General Manager and Controller within the Division’s delegated authority limits. Approves agreed customer contract terms in line with the legal corporate policy. Owns the division’s RFA process. Planning and Organization Develops and mentors others. Champions professional certification and career development for the Division’s contracts administration/management community. Provides training to the Contract Management function and other functional teams, as needed. Coordinates training and business meetings to facilitate the exchange of information on contract review. Coordinates flow-downs of contractual requirements with all functional departments. Utilizes legal resources and other subject matter experts to ensure all levels of risk are recognized and subsequently addressed. Qualifications Bachelor degree in Law, Business Administration or a related discipline. Advanced Contracts Management certification required (e.g., NCMA; IACCM or equivalent) unless JD or MBA. Eight or more years of related experience, including 5 years in leadership and/or project lead role. Demonstrated leadership of multiple contracts of varying complexity and scope. Prior training and experience in leadership concepts and management principles. In-depth knowledge and understanding of the contract management processes and all contract types. Strong knowledge of regulations and laws applicable to contracts. Requires basic knowledge in a broad range of Export Regulatory Requirements at minimum. 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. Ability to quickly identify and address critical issues on programs and contracts and lead the team to develop action plan to improve performance. Demonstrated ability to create strong partnerships with the contract customers, end use customers, and suppliers where required. Able to lead process improvements; able to oversee/conduct training and rollout efforts to institutionalize process improvements. 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. 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. 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. Competitive Compensation Participation in Annual and Long-Term Incentive Programs 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 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. Equal Employment Opportunity 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. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations. (“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 to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission #J-18808-Ljbffr