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Contract Administrator
$67k-88k (estimate)
Full Time | Durable Manufacturing 1 Day Ago
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Parker Aerospace is Hiring a Contract Administrator Near Cary, NC

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.

SUMMARY:

Administers assigned contracts of moderate scope and complexity to ensure fulfillment of contractual obligations. Defines requirements, generates and provides input for proposals, negotiates pricing and terms, monitors contract performance and ensures compliance with contract requirements. Determines customer contractual requirements for new products and/or systems (i.e. Proposals that include engineering design and system hardware) and other specialized assignments. Has responsibilities for Order Management comprised of: Limited order entry, schedule changes, portal management, creations of Demand Plans as part of Sales and Operating Plan (S&OP), customer communication and PO/Contract review and analysis.

This is an individual contributor role typically reporting to a Contract Manager. Has regular interaction within and across teams and with customers.

RESPONSIBILITIES:

  • Administers specialized and/or major contracts 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.
  • Determines technically and commercially compliant proposal packages of diverse scope and complexity for major customers in response to customer and contract requirements. Evaluates performance requirements, delivery schedules, and estimates of costs of material, equipment, and labor hours.
  • Initiates bid process by identifying requirements and coordinating input from other functions. Develops responses to requests for proposal (RFP) of difficult scope and complexity by reviewing bid process procedures, reviewing material, test, and other requirements, and preparing appropriate responses. Prepares and submits complex proposals.
  • Negotiates complex contract requirements in accordance with legal and company regulations and policies. Negotiates price, terms and conditions, deliveries, and other business issues within scope of responsibility. Ensures contract provisions are clear and conform to company policy.
  • Investigates and resolves claims or complaints by collecting and analyzing information. 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.
  • May be responsible for division or site export compliance administration and training to ensure company data and intellectual property meets all regulatory requirements.
  • Recommends actions by analyzing and interpreting data and making comparative analyses. Analyzes proposed changes in methods and/or materials.
  • Acts as the point of contact with the customer on assigned contracts and participates in customer presentations.
  • Maintains current professional and technical knowledge and may participate in professional associations (e.g. The National Contract Management Association NCMA or the International Association of Commercial Contract Management).
  • Complies with the federal, state, and aerospace industry regulations; ensures adherence to requirements and advises management on needed actions.
  • May provide guidance to others in contracts, a related function, or a business team. Acts as prime contact on high level projects. Shares specialized knowledge with others, trains and mentors less experienced employees.

Please note that the salary range information is only applicable for North Carolina. Compensation is based on a variety of factors, candidate experience, qualifications, location as well as market and business considerations. We aim to offer a base pay that aligns with the midpoint of our salary range. Pay Range: $71,991- $120,106.

REQUIREMENTS:

  • Bachelor’s degree (BA) in Business Administration or a related discipline. Contract management certification preferred (e.g., National Contract Management Association (NCMA); International Association of Commercial Contract Management (IACCM) unless JD or MBA.
  • Demonstrated ability to perform the essential functions of the job typically acquired through six or more years of progressive experience.
  • Thorough knowledge of contract administration principles, industry practices, regulations, and policies. Knowledge of legal and regulatory requirements related to contract administration, and government contracting, if applicable.
  • Training from a professional organization in export control (e.g., Export Compliance Training Institute (ECTI) preferred.
  • Maintains a thorough knowledge of corporate and division policies and administrative procedures.
  • Proficient in the use of standard business applications software and specialized in-house and customer systems.
  • Ability to read, analyze, and interpret policies and contracts and recommend changes to procedures.
  • Ability to respond to significant inquiries or complaints from customers, regulatory agencies, or members of the business community.
  • Ability to negotiate effectively to obtain best prices and terms on products, materials, and services.
  • Ability to effectively communicate and present information to team members, team leaders, customers, and top management.

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 export compliance 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 to http://www.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf

and http://www1.eeoc.gov/employers/upload/eeoc_gina_supplement.pdf

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$67k-88k (estimate)

POST DATE

05/27/2024

EXPIRATION DATE

06/14/2024

WEBSITE

www.parker.com

HEADQUARTERS

Irvine, California

SIZE

3,000 - 7,500

CEO

Jon Sweet

REVENUE

$500M - $1B

INDUSTRY

Durable Manufacturing

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The following is the career advancement route for Contract Administrator positions, which can be used as a reference in future career path planning. As a Contract Administrator, it can be promoted into senior positions as a Contracts Administration Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Administrator. You can explore the career advancement for a Contract Administrator below and select your interested title to get hiring information.

If you are interested in becoming a Contract Administrator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Contract Administrator for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Contract Administrator job description and responsibilities

Thus, this entails working to ensure that the terms and conditions contained within the contract are adhered to and that all of a party’s contractual obligations are met satisfactorily.

03/18/2022: Pocatello, ID

Contract administrators should seek to extract and store key dates centrally.

04/03/2022: Colorado Springs, CO

Administrators need to ensure they are able to collaborate with other teams while having a reliable approach to version control.

02/05/2022: Knoxville, TN

A contract manager may be employed to oversee the contract, and their role begins as soon as talk of a contract begins.

01/06/2022: Syracuse, NY

Remote contract administrators often research existing and modified regulations, construct pricing exhibits, and create special contracts for customers or vendors offered a bargain.

01/31/2022: Fresno, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Contract Administrator jobs

With contract repository software, fragmented approaches to administration can be eliminated and seamless data capture and storing can be achieved.

03/28/2022: Utica, NY

After the contract has been accepted and executed, there can be amendments and revisions needed as projects and tasks get underway.

04/02/2022: Bellingham, WA

Set and measure contract management KPIs.

01/13/2022: Parkersburg, WV

Conduct regular compliance reviews.

02/06/2022: Huntsville, AL

Conduct an audit of all things contract related. Develop a formal contract management framework.

03/16/2022: Shreveport, LA

Step 3: View the best colleges and universities for Contract Administrator.

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