What are the responsibilities and job description for the Contracts Manager position at Woodward, Inc.?
Contracts Manager
- 2302357
Woodward supports our members’ wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.
- All members included in cash bonus opportunity
- 9.5% annual retirement benefit opportunity
- Tuition reimbursement and Training/Professional Development opportunities for all members
- 12 paid holidays, including floating holidays
- Industry leading medical, dental, and vision Insurance upon date of hire
- Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave
- Paid parental leave
- Adoption Assistance
- Employee Assistance Program, including mental health benefits
- Member Life & AD&D / Long Term Disability / Member Optional Life
- Member referral bonus
- Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending
- Voluntary benefits, including:
Are you ready to make your mark? If you’re a Contracts Manager, we have an exciting opportunity for you. In this role, you'll have the primary responsibility of managing the customer interface over the contract life cycle, establishing the contractual framework where applicable, and administering claims management. You'll use your expertise in contracts drafting and negotiation to ensure that all contracts are legally sound and meet our company's requirements. Additionally, you'll provide support for contract negotiations and claims management functions to help us drive our success.
What you will be doing…
- Manages the customer interface over the contract life cycle.
- Reviews customer contract drafts and executes under the established proposal pricing strategies and cost targets.
- Leads and ensures timely commercial review of contracts, including functional reviews of commercial terms.
- Ensures commercial terms align with business, commercial, operational, and supply chain objectives.
- Identifies compliance risks and consults with applicable stakeholders to determine the approach.
- Negotiates pricing and contractual framework for both OEM and repair, maintenance, overhaul, and service agreements.
- Manages contracts to ensure compliance with Woodward’s obligations and enforcement of Woodward’s rights, such as design changes, pricing, liquidated damages, payment, and administration.
- Bachelor’s degree in Arts/Sciences (BA/BS) required
- 2 years of experience in a commercial role, preferably in contract administration, government contract administration, commercial operations, and/or sales
- 2 years of experience in the related industry
- Strong negotiation skills and knowledge of contract drafting, including language implications
- Understanding of commercial terms and industry standards
- Experience in managing existing contracts to ensure compliance and enforcement of rights, customer claims management and support, and effective relationship management.
- Strong organizational savvy, ability to identify and use available resources, and fosters and encourages innovation.
- Excellent oral and written communication skills, presentation skills, organizational and planning skills, ability to adapt to different cultures, effective listening and strong collaboration skills.
Salary : $76,200 - $96,500