Principal Contracts Specialist

Full-time 17 views
Company Textron Systems Corporation Location Hunt Valley, MD, United States



5-8 yrs required


May 05, 2022

Aug 18, 2022

Jan 19, 2022


Principal Contracts Specialist
Duties: Develop a clear understanding of customer and program requirements that harmonize with Textron Systems’ business strategy to ensure contract structure and business terms are aligned with both. Review terms and conditions to address provisions and risks of financial terms, acceptance criteria, delivery requirements, warranty, intellectual property, termination provisions, indemnification and all other potential risk areas and recommend risk mitigation strategies. Recommend changes, additions, and deletions to the contract structure to ensure accurate reflection of customer requirements and alignment with Textron Systems’ program strategy and risk mitigation. Negotiate profit and provide profit justification to the customer, ensuring that the profit/fee is consistent with and appropriate for the contract type, identified program risks, market standards, internal investment requirements, and working capital considerations. Identify business risks associated with contract in partnership with mission assurance. Ensure flow down of required terms and conditions to subcontractors. Lead the development of a comprehensive negotiation strategy/plan working in conjunction with Program Team. Define negotiation parameters through delegation process including goals and limits. Negotiate appropriate contract type, scope, price, profit and terms. Establish equitable payment terms, ensure customer compliance, and facilitate timely payments through coordinated oversight with Finance of invoicing process. Ensure that the contract and statement of work are consistent with pricing assumptions to effectively manage financial risk. Implement the change management process and coordinate with Program Management to ensure compliance. Verify with Program Manager that all technical requirements have been properly reviewed and a clear technical baseline is included in contract documents. Ensure that a verified schedule baseline is included in contract documents. Following contract award, communicate (together with the PM) contract unique terms and conditions, program schedule and SOW requirements to program team. Ensure compliance with program schedule as outlined in contract.

Qualification and Experience

Qualifications: Extensive knowledge of the federal acquisition process, government contracting principles, commercial contracts, business arrangements, contract types, and governing regulations (including FAR/DFAR). Excellent interpersonal, leadership, management and mentoring skills. Demonstrated experience in reviewing Terms and Conditions, identifying risk areas, proposing and negotiating favorable terms. Excellent contract drafting skills, negotiation skills, and demonstrated experience in contract administration. Strong business acumen, problem solving abilities, and good judgment. Excellent oral/written communication, analytical and organizational skills. Ability to manage multiple work assignments and meet critical deadlines. High integrity and an unyielding commitment to compliance. Ability to travel domestically and internationally. BA/BS degree in a related field such as Business Law, Business Administration, or Supply Chain required. JD or MBA degree a plus. Must have 5 - 8 years demonstrated experience primarily with federal DOD, including working directly with the DOD and Prime Contractors. Prior supervisory/managerial experience desirable. Certified Professional Contracts Manager (CPCM) or Certified Federal Contract Manager (CFCM) a plus. Ability to obtain Security Clearance.

Additional info

Job ID: 298781

Company info

Hiring Coordinator
Textron Systems Corporation
318 Clubhouse Rd
Hunt Valley, MD 21031

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