Contract Specialist II

Join to apply for the Contract Specialist II role at Parker Hannifin. Are you ready to shape a brighter future? At Parker, we play a pivotal role in applications that change our world. We are in almost everything that moves. With our wide range of technologies, including in the clean tech space, we help our customers solve their most complex engineering challenges.

We believe that the future belongs to those with vision. That’s why we’re seeking team players who share our purpose of enabling engineering breakthroughs that lead to a better tomorrow. Is that you? Working at Parker means belonging to a passionate, dynamic and innovative team, empowered to make a difference.

Here at Parker Meggitt, we’re recruiting for a Contract Specialist to join our team on-site in Fareham. In this position you’ll play a crucial role in managing contracts, ensuring compliance with legal and organisational requirements and fostering positive relationships with stakeholders.

Your 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 site's Data Protection Officer.

Who We Are Looking For:

• Significant experience of working within a highly engineered goods manufacturing industry, contract management or procurement field 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 will also have:

• Bachelor’s Degree, ideally in Business Administration, Law, or Finance & Accounting.
• A professional qualification in IACCM, 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:

• Competitive salary.
• Pension scheme with up to 10% matching company contribution.
• Income protection scheme.
• Life Assurance x3 basic salary.
• Share buying scheme.
• Half day Fridays (lunch time finish).
• 25 days holiday plus bank holidays.
• Employee Assistance Program for Health & Wellbeing.
• Funded membership of a professional body.
• Focused career development planning with opportunities to progress.
• 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.

Parker is an equal opportunity employer and does not discriminate on grounds of age, race, religion, ethnic origin, sex, sexual orientation or disability in relation to recruitment and employment.