Commercial Contract Specialist II

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, and fostering positive relationships with stakeholders.,

• Assess contractual and commercial risk and provide appropriate advice to site leadership and 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 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 the 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.
  
  Significant experience working within a highly engineered goods manufacturing industry or contract management is essential.
• A solid grasp of contract law and regulations, including 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.
• Meticulous review of contracts for accuracy, clarity and compliance.
• Strong analytical skills for assessing risks, evaluating contract terms and making informed decisions.
• Excellent negotiation and verbal communication skills, capable of discussing contract terms with stakeholders, negotiating with vendors, and presenting contract-related information while protecting the organisation's interests.
• 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.
• Ability to manage multiple contracts simultaneously, ensuring deadlines are met and all parties are informed of responsibilities.
• Ability to build and maintain relationships with internal stakeholders, clients and vendors.
• Experience working effectively with cross-functional teams, including legal, finance, procurement and operations.
• 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, preferably in Business Administration, Law or Finance & Accounting.
• A professional qualification in World Commerce and Contracting, or equivalent.
  
  Focused career development planning with opportunities to progress.
• Pension scheme with up to 10% matching company contribution.
• Income protection scheme.
• Life Assurance equal to 4 times 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 Programme for Health & Wellbeing.
• Free on-site car parking.
• Employee Referral Scheme.
• An on-site restaurant and Starbucks offering subsidised food.
• Employee Perks - offering discounts on a wide variety of goods and services.