Contract Administrator
3 days ago
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 Contract Administrator 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 -under the guidance of senior team members.
This position works closely with other business functional areas to ensure contracts are accurate, compliant, and processed efficiently. Ideal candidates are detail-oriented, organized, and eager to build a career in commercial/government contracting and contract operations. This role does not have direct reports.
Key Responsibilities
- Intake and triage contract requests; validate completeness and route to appropriate reviewers.
- Prepare, review, and process standard agreements using approved templates (e.g., NDAs, MSAs, SOWs, Order Forms, Amendments).
- Apply and track redlines using version control; compare documents to identify changes and ensure consistency with playbooks.
- Coordinate internal approvals (business, legal, finance, security, compliance) and route agreements for signature (e.g., DocuSign).
- Maintain a centralized contract repository within the Contract Lifecycle Management (CLM) system; ensure accurate metadata entry, naming conventions, and indexing.
- Track key contract dates (renewals, expirations, termination windows) and obligations; proactively notify stakeholders and initiate renewal workflows.
- Assist with RFP/RFI responses by compiling standard contract terms, certificates, and policy artifacts.
- Generate routine reports (e.g., cycle time, backlog, renewal cadence, compliance metrics) and support dashboards for leadership visibility.
- Respond to internal and external inquiries on contract status, process, and policy; escalate issues and risks to senior administrators or legal counsel.
- Assist with audits and regulatory requests by retrieving and validating contract documents and metadata.
- Contribute to continuous improvement efforts (template updates, clause library maintenance, process documentation, user training materials).
- Ensure adherence to company contracting policies, data privacy requirements, and insurance/risk standards.
Essential Functions
- Administers moderately complex 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 moderate scope and complexity in response to contract or customer requirements. 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 such as performance requirements, delivery schedules, and cost estimates. Develops responses to moderately complex requests for proposal (RFP) by reviewing bid process procedures, reviewing material, test and other requirements, and preparing appropriate responses. Prepares and submits proposals.
- Negotiates contracts of moderate scope and complexity 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 as applicable.
- Monitors contract financial performance and delivery status and determines the need for contract amendments or extensions. 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.
- Supports export compliance administration or represent the site or division for implementation of export compliance actions.
- 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 federal, state, and aerospace industry regulations; ensures adherence to requirements and advises management on needed actions.
- Utilizes lean principles to develop and implement standard work.
Qualifications
- Bachelor degree (required) 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).
- Demonstrated ability to perform the essential functions of the job typically acquired through two or more years of experience in contract administration or a directly related field.
- Knowledge of contract administration principles, industry practices, regulations, and policies. Knowledge of legal and regulatory requirements related to contract administration, export control, commercial contracting, and/or government contracting, if applicable.
- Maintains a thorough knowledge of corporate and division policies and administrative procedures.
- Proficient in the uses of standard business applications software and specialized in-house and customer systems.
- Ability to work within general work objectives regarding projects and team goals.
- Ability to read, analyze, and interpret policies and moderately complex contract terms and conditions, and recommend changes to procedures.
- Ability to respond to significant inquires or complaints from customers, regulatory agencies, or members of the business community.
- Ability to effectively negotiate contracts to obtain the best prices and most favorable terms and conditions for follow-on requirements.
- Ability to effectively communicate and present information to team members, team leaders, and top management.
Come join the Parker Aerospace Team Our competitive package includes:
Competitive Compensation
- Participation in Annual Incentive Program
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 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.
***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
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