Defines requirements, generates proposals, monitors performance, negotiates pricing and terms, and ensures compliance with contract requirements. ESSENTIAL FUNCTIONS: * Administers moderately complex ...
Defines requirements, generates proposals, monitors performance, negotiates pricing and terms, and ensures compliance with contract requirements. ESSENTIAL FUNCTIONS: * Administers moderately complex ...
Contract Specialist
Irvine, CA · On-site
$115K - $125K/yr
Monitor contract performance and compliance; determine need for amendments or extensions * Act as primary point of contact with customers on assigned contracts and participate in customer ...
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Contract Specialist
Irvine, CA · On-site
$115K - $125K/yr
Monitor contract performance and compliance; determine need for amendments or extensions * Act as primary point of contact with customers on assigned contracts and participate in customer ...
Lead and coordinate preparation of the organization's eligibility files for Contract Monitoring Reviews, internal audits, and audits by other funders and entities. * Act as the organization's Appeals ...
Lead and coordinate preparation of the organization's eligibility files for Contract Monitoring Reviews, internal audits, and audits by other funders and entities. * Act as the organization's Appeals ...
Contract Administrator
Pasadena, CA · On-site
$72K - $104K/yr
Monitors contract compliance and negotiates amendments or change orders. * Monitors insurance compliance for Stantec and its sub-consultants. * Reviews and approves sub-consultant invoices.
Contract Administrator
Pasadena, CA · On-site
$72K - $104K/yr
Monitors contract compliance and negotiates amendments or change orders. * Monitors insurance compliance for Stantec and its sub-consultants. * Reviews and approves sub-consultant invoices.
Monitors contract financial performance and delivery status and determines the need for contract amendments or extensions. Determines when customer directed changes are out-of-scope. Acts as the ...
Monitors contract financial performance and delivery status and determines the need for contract amendments or extensions. Determines when customer directed changes are out-of-scope. Acts as the ...
Partner with other Contracts Leads to monitor and refine Key Performance Indicators (KPIs) for the purposes of Quarterly and Annual Business Reviews. Evaluate KPIs to identify trends and issues and ...
Partner with other Contracts Leads to monitor and refine Key Performance Indicators (KPIs) for the purposes of Quarterly and Annual Business Reviews. Evaluate KPIs to identify trends and issues and ...
Contract Administrator
Concord, CA · On-site
Monitor the completion of contracts and identify any potential issues or delays. * Assist in the development and implementation of contractor management policies and procedures. Requirements ...
Contract Administrator
Concord, CA · On-site
Monitor the completion of contracts and identify any potential issues or delays. * Assist in the development and implementation of contractor management policies and procedures. Requirements ...
Contract Administrator
Concord, CA · On-site
Monitor the completion of contracts and identify any potential issues or delays. * Assist in the development and implementation of contractor management policies and procedures. Requirements ...
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Contract Administrator
Concord, CA · On-site
Monitor the completion of contracts and identify any potential issues or delays. * Assist in the development and implementation of contractor management policies and procedures. Requirements ...
Contract Administrator
Concord, CA · On-site
Monitor the completion of contracts and identify any potential issues or delays. * Assist in the development and implementation of contractor management policies and procedures. Requirements ...
Contract Administrator
Concord, CA · On-site
Monitor the completion of contracts and identify any potential issues or delays. * Assist in the development and implementation of contractor management policies and procedures. Requirements ...
Sr. Financial Analyst
$92K - $114K/yr
Reviews and monitors contract expenditures against approved budgets. Researches and explains budget variances, if any * Meets regularly with program managers and staff to share information to ensure ...
Sr. Financial Analyst
$92K - $114K/yr
Reviews and monitors contract expenditures against approved budgets. Researches and explains budget variances, if any * Meets regularly with program managers and staff to share information to ensure ...
Contract Administrator
San Jose, CA · On-site
Monitor contract performance, deliverables, milestones, and expiration dates. * Coordinate with internal stakeholders (legal, finance, procurement, sales, and operations) and external parties to ...
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Contract Administrator
San Jose, CA · On-site
Monitor contract performance, deliverables, milestones, and expiration dates. * Coordinate with internal stakeholders (legal, finance, procurement, sales, and operations) and external parties to ...
Sr. Financial Analyst
Los Angeles, CA · On-site
$66K - $99K/yr
Reviews and monitors contract expenditures against approved budgets. Researches and explains budget variances, if any * Meets regularly with program managers and staff to share information to ensure ...
Sr. Financial Analyst
Los Angeles, CA · On-site
$66K - $99K/yr
Reviews and monitors contract expenditures against approved budgets. Researches and explains budget variances, if any * Meets regularly with program managers and staff to share information to ensure ...
Monitor contracts for compliance, deliverables, reporting requirements, and performance benchmarks * Serve as internal subject matter expert on procurement compliance and risk mitigation. * Prepare ...
Monitor contracts for compliance, deliverables, reporting requirements, and performance benchmarks * Serve as internal subject matter expert on procurement compliance and risk mitigation. * Prepare ...
Director of Procurement
Los Angeles, CA · On-site
Monitor contracts for compliance, deliverables, reporting requirements, and performance benchmarks * Serve as internal subject matter expert on procurement compliance and risk mitigation. * Prepare ...
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Director of Procurement
Los Angeles, CA · On-site
Monitor contracts for compliance, deliverables, reporting requirements, and performance benchmarks * Serve as internal subject matter expert on procurement compliance and risk mitigation. * Prepare ...
Contract Administrator
Chatsworth, CA · On-site
$22 - $25/hr
The Contract Administrator monitors all activities related to meeting the company's performance objectives on assigned contracts, interacts with Client and customer personnel to ensure compliance ...
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Contract Administrator
Chatsworth, CA · On-site
$22 - $25/hr
The Contract Administrator monitors all activities related to meeting the company's performance objectives on assigned contracts, interacts with Client and customer personnel to ensure compliance ...
Director of Procurement
Los Angeles, CA · On-site
$175K - $195K/yr
Monitor contracts for compliance, deliverables, reporting requirements, and performance benchmarks * Serve as internal subject matter expert on procurement compliance and risk mitigation. * Prepare ...
Director of Procurement
Los Angeles, CA · On-site
$175K - $195K/yr
Monitor contracts for compliance, deliverables, reporting requirements, and performance benchmarks * Serve as internal subject matter expert on procurement compliance and risk mitigation. * Prepare ...
Contract Manager
Woodland, CA · On-site
$80K - $120K/yr
Maintain accurate contract records, versioning, renewal dates, and key terms/clauses, monitor obligations, deliverables, and notice requirements. * Risk, Compliance, and Governance : * Identify and ...
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Contract Manager
Woodland, CA · On-site
$80K - $120K/yr
Maintain accurate contract records, versioning, renewal dates, and key terms/clauses, monitor obligations, deliverables, and notice requirements. * Risk, Compliance, and Governance : * Identify and ...
Participate in customer meetings, performing and monitoring compliance to contract requirements and leading change management process. * Ensure non-disclosure agreements and contract terms and ...
Participate in customer meetings, performing and monitoring compliance to contract requirements and leading change management process. * Ensure non-disclosure agreements and contract terms and ...
Contract Administrator
Fremont, CA · On-site
Monitor insurance certificates, compliance documentation, and other contractual requirements. * Generate reports and contract metrics for leadership, including contract status, renewal pipeline, and ...
Contract Administrator
Fremont, CA · On-site
Monitor insurance certificates, compliance documentation, and other contractual requirements. * Generate reports and contract metrics for leadership, including contract status, renewal pipeline, and ...
Contract Administrator
Fremont, CA · On-site
Monitor insurance certificates, compliance documentation, and other contractual requirements. * Generate reports and contract metrics for leadership, including contract status, renewal pipeline, and ...
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Contract Administrator
Fremont, CA · On-site
Monitor insurance certificates, compliance documentation, and other contractual requirements. * Generate reports and contract metrics for leadership, including contract status, renewal pipeline, and ...
Contract Monitoring information
See California salary details
$40.5K - $49.3K
1% of jobs
$49.3K - $58K
3% of jobs
$58K - $66.8K
4% of jobs
$66.8K - $75.6K
5% of jobs
$75.6K - $84.4K
7% of jobs
$88.5K is the 25th percentile. Wages below this are outliers.
$84.4K - $93.2K
8% of jobs
$93.2K - $102K
7% of jobs
$102K - $110.8K
7% of jobs
The median wage is $111.9K / yr.
$110.8K - $119.6K
48% of jobs
$119.6K - $128.4K
4% of jobs
$128.4K - $137.2K
3% of jobs
$40.5K
$104.6K
$137.2K
How much do contract monitoring jobs pay per year?
What are the most common challenges faced in a Contract Monitoring role and how can they be managed?
What are the key skills and qualifications needed to thrive as a Contract Monitoring Specialist, and why are they important?
What is the difference between Contract Monitoring vs Contract Administration?
| Aspect | Contract Monitoring | Contract Administration |
|---|---|---|
| Primary Focus | Overseeing contract performance and compliance | Managing contract documentation and processes |
| Skills & Certifications | Contract management, compliance, communication | Documentation, negotiation, organizational skills |
| Work Environment | Project sites, client offices, compliance departments | Office settings, legal or procurement departments |
| Industry Usage | Construction, government, corporate sectors | Legal, procurement, government agencies |
Contract Monitoring primarily focuses on tracking contract performance and ensuring compliance, while Contract Administration involves managing the contractual documentation and processes. Both roles are essential in contract management but serve different functions within the contract lifecycle.
What is contract monitoring?
Other
Medical, Dental, Vision, Life, Retirement, PTO
Posted 22 days ago
Parker Hannifin rating
8.3
Based on 350 frontline employees who took The Breakroom Quiz
68th of 527 rated manufacturers
Job description
Position Summary
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, the company has been enabling engineering breakthroughs that lead to a better tomorrow.
At Parker Aerospace, we develop technologies and innovative solutions that enable reliable, efficient and increasingly sustainable flight for the lifecycle of the aircraft, including aftermarket support. Our passionate people with deep engineering expertise, together with our breadth of differentiated technologies, ensure that we make the extraordinary happen and continue to shape the future of aviation in partnership with our customers.
As a member of our team, you are instrumental in fulfilling our mission: 'Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.' Pursuing a career at Parker presents unlimited opportunities for both professional and personal development. Working with some of the most brilliant minds in the industry, your contributions will be pivotal in developing innovative technologies and products, significantly contributing to Parker's goal of addressing the world's most pressing engineering challenges. At Parker, our team members belong, matter and make a difference.
POSITION SUMMARY:
Administers contracts for products of moderate scope and complexity to ensure fulfillment of contractual obligations. Defines requirements, generates proposals, monitors performance, negotiates pricing and terms, and ensures compliance with contract requirements.
ESSENTIAL FUNCTIONS:
- Administers moderately complex contracts by analyzing performance requirements and customer purchase order requirements including those issued against Basic Contract Agreements and/or Long-Term Agreements. Analyses include performance to delivery schedules, pricing, terms and conditions and other contract provisions.
- Determines technically and commercially compliant proposal packages of moderate scope and complexity in response to contract or customer requirements. Evaluates performance requirements, delivery schedules, and estimates of costs of material, equipment, and labor hours.
- Initiates the bid process by identifying requirements and coordinating input from other functions such as performance requirements, delivery schedules, and cost estimates. Develops responses to moderately complex requests for proposal (RFP) by reviewing bid process procedures, reviewing material, test and other requirements, and preparing appropriate responses. Prepares and submits proposals.
- Negotiates contracts of moderate scope and complexity in accordance with legal and company regulations and policies. Negotiates price, terms and conditions, deliveries, and other business issues within scope of responsibility. Ensures contract provisions are clear and conform to company policy.
- Investigates and resolves claims or complaints by collecting and analyzing information. Coordinates with relevant functions on technical and/or quality issues, data requirements, and other business as applicable.
- Monitors contract financial performance and delivery status and determines the need for contract amendments or extensions. Determines when customer directed changes are out-of-scope.
- Acts as the point of contact with the customer on assigned contracts and participates in customer presentations.
- Supports export compliance administration or represent the site or division for implementation of export compliance actions.
- Maintains current professional and technical knowledge and may participate in professional associations (e.g., the National Contract Management Association (NCMA or the International Association of Commercial Contract Management).
- Complies with federal, state, and aerospace industry regulations; ensures adherence to requirements and advises management on needed actions.
- Utilizes lean principles to develop and implement standard work.
QUALIFICATIONS:
- Bachelor's degree (BA) in Business Administration or a related discipline.
- Contract management certification is preferred or in process preferred.
- Demonstrated ability to perform the essential functions of the job typically acquired through two or more years of experience in contract administration or a directly related field.
- Knowledge of contract administration principles, industry practices, regulations, and policies. Knowledge of legal and regulatory requirements related to contract administration and government procurement, if applicable.
- Maintains a thorough knowledge of corporate and division policies and administrative procedures.
- Proficient in the uses of standard business applications (SAP) software and specialized in-house and customer systems.
- Ability to work within general work objectives regarding projects and team goals.
- Ability to read, analyze, and interpret policies and moderately complex contract terms and conditions, and recommend changes to procedures.
- Ability to respond to significant inquiries or complaints from customers, regulatory agencies, or members of the business community.
- Ability to effectively negotiate contracts to obtain the best prices and most favorable terms and conditions for follow on requirements.
- Ability to effectively communicate and present information to team members, team leaders, and top management.
Pay, Benefits, Work Schedule
Competitive Compensation
- Pay Range: 72650 to 121050 annually
- Participation in Annual Incentive Program
Benefit & Retirement Plans
Parker offers competitive benefit programs, including:
- Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
- 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
- Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
- Career development and tuition reimbursement.
- Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
- Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
- Paid Time Off and Company-Paid Holidays.
Equal Employment Opportunity
Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.
("Minority / Female / Disability / Veteran / VEVRAA Federal Contractor")
If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission
Employment Type: RegularWhat Parker Hannifin employees say
Pay
Benefits
Hours and flexibility
Workplace
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About Parker-Hannifin
Sourced by ZipRecruiter
Industry
Manufacturing
Company size
10,000+ Employees
Headquarters location
Mayfield Heights, OH, US
Year founded
1917