Contracts Manager

247Hire; Vienna (VA); On-site; USD 90,000 - 130,000; Full time

Job summary

247Hire is seeking a contracts professional to support Navy Federal's acquisition of goods and services. The role involves drafting, reviewing, and negotiating commercial contracts, leading contract modification negotiations, and guiding internal stakeholders on contractual risk and requirements.

You will help establish acquisition strategies, coordinate reviews with Procurement Management and General Counsel, and conduct cost/price analyses to ensure compliant, advantageous terms.

Qualifications

• Experience in contract law/ terms/conditions
• Experience in acquisition planning, strategy development, negotiations, contract management and administration, pricing analysis, and acquisition related requirements
• Significant knowledge of commercial and business practices to develop, execute and manage contracts
• Significant knowledge evaluating and mitigating risk in contracts
• Significant experience in written bid/proposal preparation
• Advanced verbal and written communication skills
• Advanced knowledge of cost containment strategies
• Ability to multitask and work effectively, both independently and in a team environment, ensuring timely completion of assignments and meeting established standards
• Advanced research, analytical, and problem-solving skills
• Effective skill interacting tactfully and effectively in difficult situations
• Bachelor's degree or above in Business, Contract Management, Information Technology, or related field

Responsibilities

• Support Navy Federal's business objectives by negotiating, executing, negotiating, and managing commercial contracts for the acquisition of goods and services
• Draft, review, and negotiate a variety of commercial contracts
• Lead negotiations on contract modifications with stakeholder input
• Provide assistance to internal stakeholders on contractual matters, requirements, risk management, and mitigation strategies
• Ensure the level of effort and attention to detail is commensurate with the complexity, value, and risk associated with the acquisition
• Establishes an acquisition strategy to include the type of contract and milestones, contractible requirements
• Coordinates review of contracts or purchase agreements with Procurement Management and in conjunction with Office of General Counsel, as required.
• In conjunction with the Business Unit, analyze proposals. Performs cost or price analysis, including review of cost breakdowns to determine reasonableness.
• In conjunction with the Business Unit, develops negotiation objectives and leads negotiations related to contract pricing, terms and conditions with potential contractors. As appropriate, confers with offices of General Counsel, and subject matter experts
• Prior to contract execution, meets with Business Units and vendor and reviews key contract terms, conditions, and requirements including deliverables, and timelines
• Interprets contract provisions for Business Units and provides appropriate guidance.
• Leads negotiations on contract modifications
• Closes out the contract or issues termination notices and reviews settlement proposals
• Presents alternatives and recommendations to solve unique and complex problems
• Ensure clear, concise, and effective communication
• Anticipates issues and identifies solutions

Skills

Negotiation

Contract management

Risk analysis

Cost analysis

Written communication

Analytical skills

Multitasking

Decision making

Attention to detail

MS Word/Excel

Education

Bachelor's degree or above

Tools

Word processing

Spreadsheet software

Job description

Key Responsibilities:

• Support Navy Federal's business objectives by negotiating, executing, negotiating, and managing commercial contracts for the acquisition of goods and services
• Draft, review, and negotiate a variety of commercial contracts
• Lead negotiations on contract modifications with stakeholder input
• Provide assistance to internal stakeholders on contractual matters, requirements, risk management, and mitigation strategies
• Ensure the level of effort and attention to detail is commensurate with the complexity, value, and risk associated with the acquisition
• Establishes an acquisition strategy to include the type of contract and milestones, contractible requirements
• Coordinates review of contracts or purchase agreements with Procurement Management and in conjunction with Office of General Counsel, as required.
• In conjunction with the Business Unit, analyze proposals. Performs cost or price analysis, including review of cost breakdowns to determine reasonableness.
• In conjunction with the Business Unit, develops negotiation objectives and leads negotiations related to contract pricing, terms and conditions with potential contractors. As appropriate, confers with offices of General Counsel, and subject matter experts
• Prior to contract execution, meets with Business Units and vendor and reviews key contract terms, conditions, and requirements including deliverables, and timelines
• Interprets contract provisions for Business Units and provides appropriate guidance.
• Leads negotiations on contract modifications
• Closes out the contract or issues termination notices and reviews settlement proposals
• Presents alternatives and recommendations to solve unique and complex problems
• Ensure clear, concise, and effective communication
• Anticipates issues and identifies solutions

Qualifications:

• Experience in contract law/ terms/conditions
• Experience in acquisition planning, strategy development, negotiations, contract management and administration, pricing analysis, and acquisition related requirements
• Significant knowledge of commercial and business practices to develop, execute and manage contracts
• Significant knowledge evaluating and mitigating risk in contracts
• Significant experience in written bid/proposal preparation
• Skill exercising initiative and using good judgment to make sound decisions
• Effective word processing and spreadsheet software skills
• Advanced verbal and written communication skills
• Advanced knowledge of cost containment strategies
• Ability to multitask and work effectively, both independently and in a team environment, ensuring timely completion of assignments and meeting established standards
• Advanced research, analytical, and problem-solving skills
• Effective skill interacting tactfully and effectively in difficult situations
• Bachelor's degree or above in Business, Contract Management, Information Technology, or related field