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For Companies At a Glance
- Tasks: Support contract management and negotiation while driving business success.
- Company: Join a leading company with a flexible and inclusive work culture.
- Benefits: Enjoy competitive salary, generous holiday, and enhanced family-friendly policies.
- Other info: Flexible working options and up to 5 paid volunteering days each year.
- Why this job: Be a key player in shaping contracts that make a real difference.
- Qualifications: Degree or equivalent experience in contracts, strong communication skills required.
The predicted salary is between 50000 - 65000 £ per year.
Benefits
- Competitive salary
- Contributory Pension Scheme (up to 10.5% company contribution)
- 6 times salary ‘Life Assurance’ with pension
- 25 days holiday (increasing with service) + statutory public holidays, plus opportunity to buy and sell up to 5 days (37hr)
- Company bonus scheme (discretionary)
- Flexible Benefits scheme with extensive salary sacrifice schemes, including Health Cashplan, Dental and Cycle to Work
- Enhanced sick pay
- Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave
Work Culture
- 37hr working week, although hours may vary depending on role, job requirement or site‑specific arrangements.
- Early 1.30pm finish Friday, start your weekend early!
- Remote, hybrid and site based working opportunities, dependant on your needs and the requirements of the role.
- Up to 5 paid days volunteering each year.
- Flexible working culture focused on output, with more formal flexible working arrangements on request (assessed subject to role).
About the Role
As a highly valued contracts and commercial specialist you are expected to be a business enabler, supporting both the winning and subsequent delivery of a profitable business. Making our company one that our customers see as easy to contract with and work with through the delivery of their programmes.
Main Duties
- Provide full contractual and commercial support through development, approval and issuance of bids and proposals, whether in response to RFP/ITN or as part of the company strategy.
- Identify any commercial risk, provide input to the overall risk plan and implement effective risk mitigation.
- Lead in the negotiation of contracts.
- Manage new and existing contracts effectively, including all contract change control and support to the other functions, including contract flow‑downs.
- Resolve all commercial issues promptly and effectively.
- Manage the financial aspects of the contract, including forecasting and milestone plans (including timely claim submission).
- Be the commercial face of the organisation to the customer, as the day to day contact and subject matter expert.
- Assure the successful completion, closedown and archive of contracts.
- Be the champion of change and improvement.
Candidate Requirements: Essential
- Eligible for SC Clearance
- Relevant degree or equivalent experience.
- Experience in reviewing and drafting contractual documents.
- Strong commercial awareness, business principles and governing law.
- Experience of commercial risk management.
- An ability to respond to tasks with tenacity and flexibility, whilst working cross functionally in a multi‑disciplinary team.
- Strong communicator and relationship builder with both internal and external customers.
- An ability to remain calm under pressure and collaborate with others.
- Positive, self‑motivated and the ability to work independently.
- A willingness and ability to travel occasionally (outside of Hybrid working).
Candidate Requirements: Desirable
- Previous experience of contracting in the Defence sector.
- Accreditation in Commercial and Supply Chain management.
- Basic programme management skill set – Risk Management/Programme Gating/ Metrics.
- Strong record of problem solving and dispute resolution.
- Experience of working with international suppliers or customers.
- Experience of Financial Management.
- Awareness of Data Protection and other relevant commercial and contract legislation.
- Familiarity with business process management tools (IPDS, SAP or similar) and the competitive bidding process.
Role Type
Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.
Equal Employment Opportunity
RTX adheres to the principles of equal employment. All qualified applications will be given careful consideration without regard to ethnicity, color, religion, gender, sexual orientation or identity, national origin, age, disability, protected veteran status or any other characteristic protected by law.
Principal Contracts Specialist in Harlow employer: Raytheon UK
Contact Detail:
Raytheon UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Contracts Specialist in Harlow
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that Principal Contracts Specialist role.
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their values, recent projects, and challenges they face. This way, when you walk into that interview, you’ll be ready to show how you can be the business enabler they need.
✨Tip Number 3
Practice your negotiation skills! As a contracts specialist, you’ll need to demonstrate your ability to handle negotiations effectively. Role-play with a friend or mentor to get comfortable with discussing terms and managing risks.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and engaged with our hiring process.
We think you need these skills to ace Principal Contracts Specialist in Harlow
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your relevant experience and skills that match the job description. We want to see how you can be a business enabler and support our winning strategies!
Showcase Your Commercial Awareness: In your application, emphasise your understanding of commercial principles and risk management. We’re looking for someone who can identify risks and implement effective mitigation strategies, so don’t hold back on sharing your experiences!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, especially when it comes to your achievements and how they relate to the role. Remember, we want to see your potential as the commercial face of our organisation!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. Plus, it’s super easy to do!
How to prepare for a job interview at Raytheon UK
✨Know Your Contracts Inside Out
As a Principal Contracts Specialist, you’ll need to demonstrate your expertise in reviewing and drafting contractual documents. Brush up on key terms and recent changes in contract law relevant to the defence sector. Being able to discuss specific examples from your experience will show that you’re not just familiar with contracts, but that you can navigate complex situations.
✨Showcase Your Commercial Awareness
This role requires strong commercial awareness, so be prepared to discuss how you identify and mitigate risks in contracts. Think of examples where you've successfully managed financial aspects or resolved commercial issues. This will highlight your ability to be a business enabler and a proactive problem solver.
✨Communicate Effectively
Strong communication skills are essential for this position. Practice articulating your thoughts clearly and confidently. During the interview, focus on building rapport with your interviewers, as relationship-building is key in this role. Use examples that showcase your ability to collaborate with both internal teams and external customers.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your ability to handle pressure and resolve disputes. Prepare by thinking through past experiences where you’ve had to negotiate contracts or manage conflicts. Highlight your tenacity and flexibility in these situations, as they are crucial traits for success in this role.