Commercial Contract Specialist II

Parker Hannifin; Fareham; On-site; GBP 40,000 - 60,000; Full time

Benefits offered by this job

Funded membership of a professional body

Pension scheme with up to 10% contribution

25 days holiday plus bank holidays

Cash Plan or Private Medical Cover

Employee Assistance Programme

Free on-site car parking

Discounts on goods and services

Job summary

Parker Hannifin in Fareham is seeking a Commercial Contract Specialist to manage new contracts and ensure compliance with legal and organizational requirements. The ideal candidate will have significant experience in contract management, strong negotiation skills, and a solid understanding of contract law. Benefits include career development opportunities, a pension scheme with company contribution, and 25 days holiday plus bank holidays.

Qualifications

• Significant experience in contract management within highly engineered goods industry.
• Solid understanding of contract law, terminology, and implications.
• Ability to accurately review contracts for compliance and clarity.

Responsibilities

• Manage new contracts and support bid/no-bid decisions.
• Negotiate terms and conditions for business matters.
• Monitor contract performance and ensure compliance.

Skills

Contract law knowledge

Risk assessment

Negotiation skills

Analytical skills

Communication skills

Conflict resolution

Cross-functional collaboration

Contract drafting

Education

Bachelor’s Degree in Business Administration, Law or Finance & Accounting

Professional qualification in World Commerce and Contracting

Job description

Position Overview

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.

Key Responsibilities

• 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.

Essential Skills and Experience

• 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.

What We Offer

• Funded membership of a professional body.
• 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.

Equal Employment Opportunity

Parker is an equal‑opportunity employer and does not discriminate on grounds of age, race, religion, ethnic origin, sex, sexual orientation or disability in relation to recruitment and employment.