Contracts Specialist-Aerospace

Position Summary

Parker Aerospace is a global leader in commercial and military aircraft and aeroengine technology. With the addition of Parker Meggitt, the company collaborates with customers to enable engineering breakthroughs that lead to a better tomorrow.

Are you ready to join an industry-leading global company that believes in empowering its employees? Are you prepared to use your inquisitive nature and strong work ethic to help our team solve the world's greatest engineering challenges?

A career at Parker is rife with rewards and opportunities. But a career at Parker is not for everyone. Finding success at Parker requires dedication and an insatiable desire to win. We seek very smart people who also have the equally impressive characteristic of humility. We solve our customer's challenges as teams, working together to ask the questions that have never been asked before.

Parker understands that solving the world's greatest engineering challenges requires an inquisitive and intelligent workforce, and we invest in our employees to ensure they are the best in the industry. Our global success relies on empowered employees operating in an environment that breeds ideas and solutions, and we take every possible action to ensure this happens.

Contract Specialist

This individual reports to the Contracts & Compliance Manager, supporting contract related activities including preparation and development of contractual agreements and compliance documents. A liaison between cross function groups including marketing, finance, business development, supply chain, engineering, shipping and manufacturing to review, draft, and negotiate customer and supplier contracts and implement compliance program procedures.

This includes identifying and assisting in risk management, preparing and maintaining contractual documentation, analyzing contractual terms and conditions, and supporting contractual and compliance resolution of issues.

Conduct detailed analysis of existing/proposed regulation and industry practices and related contract compliance requirements, such as management of customer and government property and export requirements (ITAR and EAR), and develop & implement processes to meet these requirements.

Functions and Responsibilities

• Support review of agreements such as nondisclosure agreements, contract amendments and contract extensions, including reviews of terms and conditions.
• Analyze and review contract requirements, terms and conditions to review for compliance with appropriate laws, regulations and company processes and procedures.
• Draft and support negotiations of contractual documents/agreements
• Assist with contract compliance and support resolutions of contract issues.
• Review and develop responses for compliance documents and act as liaison to troubleshoot customer compliance related inquiries
• Develop and administer export compliance processes and procedures
• Acts as a liaison with all departments to facilitate the contract life cycle from need identification, through drafting review, negotiation and approval, to execution and performance to completion and close out in accordance with company processes and procedures
• Supports policy, process and guideline changes to maintain compliance business processes within legal and regulatory requirements and industry compliance programs; this includes ITAR and Trade Regulations
• Conduct research to support contract and compliance requirements
• Maintain compliance records and administer customer and government property management procedures.
• Perform special projects as needed.

We offer a comprehensive and competitive total compensation package. See what we have to offer!

• Benefits:Our benefits start on day 1 of employment! We offer 2 medical plan networks, each with 4 plan designs - you'll be sure to find the healthcare plan that fits your life! With each medical plan network, there are plans that include a Health Savings Account and a Health Reimbursement Account. You can choose from 3 dental plan options and vision coverage as well. We offer Flexible Spending Accounts for both Childcare and Healthcare expenses as well as optional Supplemental Medical Benefits (Critical Illness, Accidental Injury & Hospital Indemnity). Reduced healthcare premiums offered with a wellness incentive credit. Our company provided Life Insurance (1x annual salary), Accidental Life & Dismemberment Insurance, Short Term and Long-Term Disability insurance are available to employees.
• Bonus: This position receives a 10% Annual Cash Incentive Plan, which is a bonus based on division performance.
• Retirement: Our 401k offers up to 5% Employer match with an annual Retirement Income Account (RIA) contribution of 3%.
• Time Off: To help promote a healthy work/life balance, this position receives 120 hours of Paid Time Off.
• Holidays: Up to 14 Paid Holidays, including paid time off every year between Christmas and New Year's.
• Parental Leave: 4 weeks Paid parental leave at 100% of your pay when you have a new addition to your family.
• Education: Ongoing education is supported through our Educational Reimbursement program.
• Extras: Adoption Assistance, Employee Assistance programs, financial guidance resources, paid jury duty time, bereavement time and volunteer time, as well as paid days off for citizenship testing, marriage and birth. Free membership to Care.com, and optional legal coverage were additions to our benefits package this year.
• Certain positions may be offered relocation assistance and/or stock options.

The wage range for this role considers allowances for a number of factors, including but not limited to required experience, skill level, prior training, licensure/certifications, education and other business needs. A reasonable estimate of the current range is $82,070-$136,921.

Drug-Free Workplace
In accordance with Parker's policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.

This position is subject to meeting export compliance eligibility requirements. Completion of a U.S. Export Compliance Notice is required. Prospective employees must identify their status as a U.S. or Foreign Person, as well as their country of citizenship and residence.

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. U.S. Citizenship is required for most positions.

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 (06/20/2006) (C/O July 2015)