Contracts Manager

Overview:

Actalent has an immediate internal opening for a Contracts Manager at our Global Headquarters in Hanover, MD!

Compensation:

• $75,000 - $115,000

• Annual Bonus up to $5,000

Schedule:

• Internal | Full Time | Permanent

• 8:00 AM - 5:00 PM

• Hybrid | 4 days in-office, 1 day remote

Job Summary

A contracts manager is a key member of our team who supports the finance and legal departments in managing the contractual aspects of our business. They are involved in defining, developing and implementing policies and practices for contract negotiation and compliance. They also assist in making decisions and providing guidance for successful and risk-minimized negotiations with existing and new clients. They will assist in developing and implementing contractual relationships through the proposal, negotiation, award, administration, and closeout phases. They shall be responsible for successful negotiation and execution of agreements for existing and new clients and ensuring alignment with our business goals and values.

Essential Functions

• Contract negotiations: Negotiate and execute contracts, modifications, teaming agreements and non-disclosure agreements with clients and partners.

• Contract tracking and summary: Maintain and update records of all contractual documents and create contract summary documents for easy reference and reporting.

• Business risk management and contract compliance: Identify and mitigate potential risks and issues related to contracts and ensure compliance with applicable laws, regulations and policies.

• Contract administration and compliance program best practices: Develop and implement best practices for contract administration and compliance program and provide training and support to other departments as needed.

• Support to finance team: Provide input and advice to finance team in making go/no-go decisions and evaluating contract performance and profitability.

Minimum Education/Abilities/Skills

• Degree in Business or related field is required.

• Negotiating: Ability to negotiate effectively and professionally with clients and partners.

• Problem solving: Ability to analyze and resolve complex and diverse contractual issues and challenges.

• Dealing with ambiguity: Ability to cope with uncertainty and change and adapt to different situations and demands.

• Collaboration: Ability to work well with others and foster positive and productive relationships across the organization.

• Action oriented: Ability to take initiative and deliver results in a fast-paced and dynamic environment.

• Communication: Ability to communicate clearly and persuasively both verbally and in writing.

• Customer focus: Ability to understand and meet the needs and expectations of internal and external customers.

• Business acumen: Ability to understand and apply business principles and strategies to contract management.

Compensation

Per Pay Transparency Acts: The range for this position is $75,000 - $115,000 + bonus potential of up to $5,000 - $10,000 (bonus tiered based on role-specific tenure)

Benefits are subject to change and may be subject to specific elections, plan, or program terms. This role is eligible for the following:

• Medical, dental & vision

• 401(k)/Roth

• Insurance (Basic/Supplemental Life & AD&D)

• Short and long-term disability

• Health & Dependent Care Spending Accounts (HSA & DCFSA)

• Transportation benefits

• Employee Assistance Program

• Tuition Assistance

• Time Off/Leave (PTO, Primary Caregiver/Parental Leave)

• Enhanced Profit Sharing (8x)

About Actalent

With global headquarters outside of Baltimore, MD, Actalent has an existing network of almost 30,000 engineering and sciences consultants and more than 4,500 clients across the U. S. , Canada, Asia, and Europe, including many of the Fortune 500. We give clients access to specialized experts that drive scale, innovation, and speed to market, supporting engineering and science initiatives that advance how companies serve the world. An operating company of Allegis Group, the global leader in talent solutions, Actalent launched as a new specialized engineering and sciences talent services and workforce solutions brand in 2021.

Our Culture

The Actalent experience is one of high standards for professional and personal growth, integrity, and inclusivity. Everyone has ownership in the Actalent culture. We ask each member of our team to help us build our culture by:

• Bringing their best selves to work every day in terms of caring, competitive spirit and character

• Leading by example and working with purpose and pride

• Committing to fostering an inclusive and safe workplace where everyone can be their authentic selves

Our Commitment

Actalent is an equal opportunity employer. We understand the power of a diverse team, celebrate differences, and promote inclusive and accessible environments. To support our colleagues in being their authentic selves and give everyone opportunities for allyship, we offer a range of employee resource groups.

• Actalent PRIDE

• Empowered Women at Actalent

• BIPOC

• Military and First Responder

• Strong Voices (Bringing people of color together to successfully build relationships through mentorship and high performing partnerships)

Our Corporate Social Responsibility Strategic Partnerships

We form alliances with diversity related national organizations for the contributions they make to the communities we serve, their ability to help our organization make an impact on diversity recruitment in the marketplace and the development offerings they have for our internal employees and consultants. See below for a list of current strategic partners:

• BEYA - Black Engineer of the Year Awards

• SHPE - Society of Hispanic Professional Engineers

• Women of Color Stem Conference

• Linkage's Women in Leadership Institute

• Girlstart

• SAE Foundation

• SMASH

• National Urban League

• SASE - Society of Asian Scientists and Engineers

Allegis Group Foundation

The Allegis Group Foundation is a central part of our commitment to giving back to the communities in which we work and live. Did you know that the Allegis Group Foundation can accelerate your efforts to create meaningful change in our communities? Incorporated in 2000, this philanthropic arm of our business awards direct grants to nonprofit organization.