Job Description:
The Contracts Principal influences successful business outcomes in order to achieve key business and financial objectives for orders, revenue recognition, operating income and free cash flow for new and continuing programs. Provides business, contractual and risk mitigation strategy guidance. Analyzes new laws, regulations and contract trends for potential impact on business unit goals and objectives. Protects the interest of the company by understanding and interpreting contractual terms and conditions. Utilizes working knowledge of regulations including Uniform Commercial Code (UCC), the Federal Acquisition Regulation (FAR), FAR supplements (e.g. DFARS) and other agency regulations. Analyzes significant and/or unique contract requirements, special provisions, terms and conditions to ensure compliance with appropriate laws, regulations and corporate policies and procedures. Manages the contractual review of solicitations, proposal development, contract change control process and overall contract administration. Establishes and maintains primary contractual interface with the customer. Maximizes cash through innovative contract formation and negotiation to achieve business objectives.
Essential Functions:
- Plan, conduct and direct projects or major phases of significant project assignment, coordinating the efforts of internal stakeholders in the performance of assigned activities.
- Administer moderate to large contracts of great complexity.
- Independently negotiates with the customer contract terminology, pricing, technical requirements, scope and terms.
- Recommend contract changes, including major revisions and coordinates the preparation and final negotiation of change orders, supplemental agreements, price re-determination, etc. affecting the life of the contract.
- Ensure compliance with regulatory and company requirements to protect the company.
- Monitors internal progress of contracts with various business units to ensure fulfillment of contract requirements.
- Monitors and reviews for completeness, accuracy and conformance with Federal and Defense procurement regulations and company procedural requirements.
- Prepares all necessary internal reports for management and periodic reports to customer contracting officers/buyers as required.
- Assists in developing policies, procedures and practices relating to contract administration.
Qualifications:
- Bachelor’s Degree and a minimum of 12 years of prior relevant experience. Graduate Degree and a minimum of 10 years of prior related experience. In lieu of a degree, minimum of 16 years of prior related experience.
- This position will require the individual to be a U.S. citizen and have the ability to obtain a security clearance.
Preferred Additional Skills:
- Subject matter expertise in Government, Commercial, and International contracting
- Knowledge of legal and regulatory requirements related to proposal preparation, contract negotiation, and the FAR, DFARS and other government procurement regulations.
- Finance and Estimating/Pricing acumen a plus.