Here at Parker Meggitt, we’re recruiting for a Commercial Contract Specialist to join our team on-site in Fareham. In this position you’ll play a crucial role in managing new contracts, supporting bid/no-bid decision making, ensuring compliance with legal and organisational requirements alongside fostering positive relationships with stakeholders.
We are looking for candidates with experience gained from a highly engineered goods manufacturing industry, contract management, or related fields.
Key Responsibilities
* Assess contractual and commercial risk and provide appropriate advice to site leadership and site functional departments
* Generate, draft, revise and negotiate terms and conditions for site specific business matters; compliance matrices; and make recommendations in accordance with Parker Meggitt policies
* Administer highly competitive, major contract requirements by analysing performance requirements and customer purchase order requirements including those issued against Basic Contract Agreements and/or Long-Term Agreements
* Maintain contract files and maintain records of contract change activity
* Investigate and resolve claims or assertions by collecting and analysing information
* Monitor contract performance by determining compliance to contract requirements and determining the need for amendments or extensions to the contract
* May provide contract subject-matter expert advice to others in department or to ad-hoc teams
* Utilise legal resources and in-house legal subject matter experts to ensure all levels of risk are recognised and subsequently addressed
* Be the sites Data Protection Officer.
Essential skills and experience you’ll need to be considered for this position
* Significant experience of working within a highly engineered goods Manufacturing industry or contract management is essential to be considered for this position
* A solid grasp of contract law and regulations is fundamental. This includes knowledge of legal terminology, clauses, and the implications of contractual agreements
* Familiarity with relevant laws and regulations that affect contracts, including procurement laws and product safety regulations
* The ability to meticulously review contracts for accuracy, clarity, and compliance
* Strong analytical skills are necessary to assess risks, evaluate contract terms, and make informed decisions
* A skilled negotiator with strong verbal communication skills; capable of discussing contract terms with stakeholders, negotiating with vendors, and presenting contract-related information, as well as reaching agreements that satisfy both parties while protecting the organisation’s interests
* The ability to mediate disputes and resolve conflicts that may arise during negotiations or contract execution
* Proficiency in drafting clear and concise contracts, amendments, and correspondence, including the ability to articulate complex legal concepts in understandable terms
* The ability to manage multiple contracts simultaneously, ensuring that deadlines are met and that all parties are informed of their responsibilities
* The ability to build and maintain relationships with internal stakeholders, clients, and vendors is crucial for successful contract management
* Working effectively with cross-functional teams, including legal, finance, procurement, and operations, to ensure alignment on contract matters
* Familiarity with contract management systems and software tools that facilitate the creation, tracking, and management of contracts
Ideally, you’ll also have
* Bachelor’s Degree, ideally in Business Administration, Law, or Finance & Accounting
* A professional qualification in World Commerce and Contracting, or equivalent
What We Offer
Parker Meggitt is proud to offer a competitive total rewards framework designed with our colleagues' health, wealth, and well-being in mind to help our employees balance a successful career. Our competitive package will include:
* Funded membership of a professional body
* Focused career development planning with opportunities to progress
* Pension scheme with up to 10% matching company contribution
* Life Assurance x4 basic salary
* Share buying scheme
* 25 days holiday, plus bank holidays, with the option to buy and sell up to 5 days
* Service-related holiday (3 years = 1 day and increase up to max 5 days)
* Cash Plan or Private Medical Cover
* Employee Assistance Program for Health & Wellbeing
* Free on-site car parking
* Employee Referral Scheme
* An on-site restaurant and Starbucks offering subsidised food
* Employee Perks – offering our employees discounts on a huge variety of goods and services
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