Contracts Manager

Mayday Manufacturing Co; Denton (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

AD&D insurance

Short-term disability

401(k) with company match

Employee stock purchase program

Profit-sharing bonus

Tuition reimbursement

Job summary

Mayday Manufacturing Co. is seeking a Contracts Manager to support our growing aerospace and defense business. You will administer, review, negotiate, and manage customer LTAs, purchase orders, NDAs, and other commercial contracts.

The role focuses on ensuring profitability and compliance while coordinating with Finance, Sales, and Quoting teams on cost, pricing, and risk. Excellent negotiation and analytical skills are essential.

Qualifications

• Bachelor's degree in Business, Finance, Accounting, Supply Chain, Contract Management, or related field from a four-year university.
• Five or more years of experience in contract administration, commercial management, pricing, finance, or related field in manufacturing or B2B environment.
• Direct experience reviewing and negotiating LTAs, PO terms, NDAs, amendments, and commercial terms with cross-functional teams.

Responsibilities

• Manage customer LTAs and other commercial agreements from review through renewal and closeout.
• Review, redline LTAs, PO terms, NDAs, amendments, coordinating Legal review.
• Evaluate terms including pricing, rebates, payment terms, volume commitments, delivery schedules, and IP rights.
• Partner with Finance, Sales, and Quoting teams to assess contract impacts on cost, margin, cash flow, and risk.
• Prepare contract summaries, approval packages, redline logs, and final executed contracts.

Skills

Contract administration

Pricing analysis

Contract interpretation

Negotiation skills

Contract drafting

Cross-functional collaboration

Documentation control

Accountability

Excel skills

Education

Bachelor's degree

Tools

Microsoft Excel

Job description

About The Role

Lead Contracts. Protect Profitability. Drive Growth.

• Manage customer LTAs and other commercial agreements from review and negotiation through renewal and closeout.
• Review, analyze, and redline LTAs, purchase order terms and conditions, NDAs, amendments, and other commercial agreements while coordinating Corporate Legal review when required.
• Evaluate commercial terms including pricing, escalation clauses, rebates, payment terms, volume commitments, delivery schedules, cancellations, warranties, liability provisions, intellectual property rights, audit rights, and termination clauses.
• Partner with Finance, Sales, and Quoting teams to assess contract impacts related to cost, pricing, margin, cash flow, volume commitments, tooling investments, non-recurring engineering (NRE), and overall business risk.
• Prepare contract summaries, approval packages, negotiation documentation, redline logs, and final executed contract records.
• Maintain organized contract files and tracking systems for renewals, pricing actions, notice requirements, contractual obligations, and key customer commitments.
• Lead internal contract review meetings and communicate open actions, compliance concerns, renewal opportunities, margin improvements, and contractual risk exposure.
• Coordinate contract amendments, pricing notifications, claims, and formal customer communications.
• Monitor customer compliance with contractual obligations, including volume commitments, forecasts, payment terms, and other key performance requirements.
• Coordinate FAR/DFARS flow-down requirements and ITAR/EAR provisions with Legal, Quality, Supply Chain, and Trade Compliance teams.
• Continually improve contract templates, approval workflows, reporting dashboards, checklists, and training materials.
• Provide guidance and recommendations regarding contractual obligations, risks, and opportunities.
• Review, provide feedback on, negotiate, and execute customer contracts and, when necessary, supplier agreements.
• Maintain professionalism and composure while managing challenging negotiations and complex business situations.

Contracts Manager

Mayday Manufacturing is seeking a highly motivated Contracts Manager to support our growing aerospace and defense business. This strategic role is responsible for administering, reviewing, negotiating, and managing customer Long-Term Agreements (LTAs), purchase order terms, amendments, nondisclosure agreements, and other commercial contracts.

Essential Duties And Responsibilities

• Manage customer LTAs and other commercial agreements from review and negotiation through renewal and closeout.
• Review, analyze, and redline LTAs, purchase order terms and conditions, NDAs, amendments, and other commercial agreements while coordinating Corporate Legal review when required.
• Evaluate commercial terms including pricing, escalation clauses, rebates, payment terms, volume commitments, delivery schedules, cancellations, warranties, liability provisions, intellectual property rights, audit rights, and termination clauses.
• Partner with Finance, Sales, and Quoting teams to assess contract impacts related to cost, pricing, margin, cash flow, volume commitments, tooling investments, non-recurring engineering (NRE), and overall business risk.
• Prepare contract summaries, approval packages, negotiation documentation, redline logs, and final executed contract records.
• Maintain organized contract files and tracking systems for renewals, pricing actions, notice requirements, contractual obligations, and key customer commitments.
• Lead internal contract review meetings and communicate open actions, compliance concerns, renewal opportunities, margin improvements, and contractual risk exposure.
• Coordinate contract amendments, pricing notifications, claims, and formal customer communications.
• Monitor customer compliance with contractual obligations, including volume commitments, forecasts, payment terms, and other key performance requirements.
• Coordinate FAR/DFARS flow-down requirements and ITAR/EAR provisions with Legal, Quality, Supply Chain, and Trade Compliance teams.
• Continually improve contract templates, approval workflows, reporting dashboards, checklists, and training materials.
• Provide guidance and recommendations regarding contractual obligations, risks, and opportunities.
• Review, provide feedback on, negotiate, and execute customer contracts and, when necessary, supplier agreements.
• Maintain professionalism and composure while managing challenging negotiations and complex business situations.

Qualifications

Required Education and Experience

• Bachelor's degree in Business, Finance, Accounting, Supply Chain, Contract Management, or a related field from an accredited four-year university.
• Five (5) or more years of experience in contract administration, commercial management, pricing, finance, or a related field within manufacturing or another complex business-to-business environment.
• Direct experience reviewing and negotiating customer LTAs, purchase orders, amendments, NDAs, and commercial terms and conditions.
• Strong financial and analytical skills with the ability to assess pricing strategies, escalation impacts, volume commitments, profitability, cash flow implications, and payment terms.
• Experience working with cross-functional teams in a fast-paced business environment.

Core Competencies

• Commercial aerospace contract administration and LTA negotiation
• Pricing, margin, cash flow, and risk analysis
• Contract interpretation, issue identification, and sound business judgment
• Strong negotiation, communication, and relationship-building skills
• Clear written communication, contract redlining, and documentation management
• Cross-functional collaboration and ability to influence without direct authority
• Strong organizational skills, document control, attention to detail, and accuracy
• Accountability, ownership, and professionalism under pressure
• Advanced Excel skills and proficiency in Microsoft Office applications
Ability to manage multiple priorities and meet deadlines in a dynamic environment

Our Comprehensive Benefits Package Includes

• Full medical, dental, vision, life, AD&D, and short-term disability insurance coverage
• Paid vacation and personal days
• 401(k) retirement plan with company match
• Employee stock purchase program
• Annual profit-sharing bonus
• Tuition reimbursement to support your educational goals

Why Join Mayday Manufacturing?

At Mayday Manufacturing, you'll have the opportunity to directly influence key customer relationships and business outcomes in the aerospace and defense industry. We offer a collaborative environment where your expertise will help shape strategic agreements, drive profitability, and support the continued growth of a leading manufacturing organization.