Contracts Manager

Contracts ManagerLead Contracts. Protect Profitability. Drive Growth.Mayday Manufacturing is seeking a highly motivated Contracts Manager to support our growing aerospace and defense business. This strategic role is responsible for administering, reviewing, negotiating, and managing customer Long-Term Agreements (LTAs), purchase order terms, amendments, nondisclosure agreements, and other commercial contracts.Essential Duties and Responsibilities:Manage customer LTAs and other commercial agreements from review and negotiation through renewal and closeout.Review, analyze, and redline LTAs, purchase order terms and conditions, NDAs, amendments, and other commercial agreements while coordinating Corporate Legal review when required.Evaluate commercial terms including pricing, escalation clauses, rebates, payment terms, volume commitments, delivery schedules, cancellations, warranties, liability provisions, intellectual property rights, audit rights, and termination clauses.Partner with Finance, Sales, and Quoting teams to assess contract impacts related to cost, pricing, margin, cash flow, volume commitments, tooling investments, non-recurring engineering (NRE), and overall business risk.Prepare contract summaries, approval packages, negotiation documentation, redline logs, and final executed contract records.Maintain organized contract files and tracking systems for renewals, pricing actions, notice requirements, contractual obligations, and key customer commitments.Lead internal contract review meetings and communicate open actions, compliance concerns, renewal opportunities, margin improvements, and contractual risk exposure.Coordinate contract amendments, pricing notifications, claims, and formal customer communications.Monitor customer compliance with contractual obligations, including volume commitments, forecasts, payment terms, and other key performance requirements.Coordinate FAR/DFARS flow-down requirements and ITAR/EAR provisions with Legal, Quality, Supply Chain, and Trade Compliance teams.Continually improve contract templates, approval workflows, reporting dashboards, checklists, and training materials.Provide guidance and recommendations regarding contractual obligations, risks, and opportunities.Review, provide feedback on, negotiate, and execute customer contracts and, when necessary, supplier agreements.Maintain professionalism and composure while managing challenging negotiations and complex business situations.Qualifications:Bachelor's degree in Business, Finance, Accounting, Supply Chain, Contract Management, or a related field from an accredited four-year university.Five (5) or more years of experience in contract administration, commercial management, pricing, finance, or a related field within manufacturing or another complex business-to-business environment.Direct experience reviewing and negotiating customer LTAs, purchase orders, amendments, NDAs, and commercial terms and conditions.Strong financial and analytical skills with the ability to assess pricing strategies, escalation impacts, volume commitments, profitability, cash flow implications, and payment terms.Experience working with cross-functional teams in a fast-paced business environment.Core Competencies:Commercial aerospace contract administration and LTA negotiationPricing, margin, cash flow, and risk analysisContract interpretation, issue identification, and sound business judgmentStrong negotiation, communication, and relationship-building skillsClear written communication, contract redlining, and documentation managementCross-functional collaboration and ability to influence without direct authorityStrong organizational skills, document control, attention to detail, and accuracyAccountability, ownership, and professionalism under pressureAdvanced Excel skills and proficiency in Microsoft Office applicationsAbility to manage multiple priorities and meet deadlines in a dynamic environmentOur comprehensive benefits package includes:Full medical, dental, vision, life, AD&D, and short-term disability insurance coveragePaid vacation and personal days401(k) retirement plan with company matchEmployee stock purchase programAnnual profit-sharing bonusTuition reimbursement to support your educational goalsWhy Join Mayday Manufacturing?At Mayday Manufacturing, you'll have the opportunity to directly influence key customer relationships and business outcomes in the aerospace and defense industry. We offer a collaborative environment where your expertise will help shape strategic agreements, drive profitability, and support the continued growth of a leading manufacturing organization.