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LM
Lockheed Martin
Subcontract Administration Sr - E3
Career Insights for Contracts Administrator
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Based on Kentucky data
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What they do
A Contracts Administrator reviews and manages business contracts for a company or organization. Reviews proposed contract terms and conditions, and communicates and negotiates with clients; confirms that contract terms have been met before a contract is closed out. Oversees the administration of contracts for equipment and supplies; may also deal with surplus or unclaimed property.
$78,949 / year median in Kentucky
-7% projected decline
Job Description
Job Requirements Lexington, KY Secret Polygraph Unspecified Career Level not specified $65,200 - $121,200 Job Description Job Number 888 Standard Job Description Develops subcontract specifications, work statements, and terms and conditions for the procurement of specialized materials, equipment, and services for subcontracts in support of development, production and global sustainment for multiple contract types. Prepares bid packages, conducts bidders' conferences, develops evaluation criteria, analyzes and evaluates proposals, negotiates subcontract provisions, selects or recommends subcontractors, writes subcontract packages for review, prepares awards and administers resulting subcontracts. Negotiates and coordinates additions, deletions, or modifications to subcontracts. Participates with contracts administration and purchasing to develop subcontract policies and procedures. May sign supplier agreements and purchase orders within established authority. You will be a Subcontract Administrator for our team, responsible for managing and administering subcontracts to ensure compliance with contractual requirements and maintaining effective relationships with subcontractors, suppliers, and internal stakeholders. What You Will Be Doing? As a Subcontract Administrator, you will be responsible for developing, negotiating, and administering subcontracts, ensuring compliance with contractual requirements, and building and maintaining effective relationships with subcontractors, suppliers, and internal stakeholders. You will work closely with our team to identify, assess, and mitigate subcontract-related risks, and resolve subcontract-related issues, disputes, or claims in a timely and professional manner.
Your Responsibilities Will Include:
- Develop, negotiate, and administer subcontracts, including preparing and issuing subcontract documents
- Ensure subcontractors comply with contractual requirements, including terms and conditions, deliverables, and performance standards
- Build and maintain effective relationships with subcontractors, suppliers, and internal stakeholders
- Identify, assess, and mitigate subcontract-related risks, including performance, financial, and reputational risks
- Resolve subcontract-related issues, disputes, or claims in a timely and professional manner
- Manage subcontract closeout activities, including ensuring completion of all deliverables, payment of final invoices, and obtaining necessary documentation
- Ensure subcontracts comply with relevant laws, regulations, and company policies
- Maintain accurate and up-to-date records of subcontract information, including contract documents, performance data, and payment history
- Provide regular updates and reports to internal stakeholders on subcontract status, issues, and concerns
- Continuously evaluate and improve subcontract administration processes and procedures to ensure efficiency, effectiveness, and compliance Why Join Us We're looking for a highly motivated and experienced Subcontract Administrator to join our team.
SAP S4 HANA ERP
systemPay Information Full-Time Salary Range:
$65200.00 - $121200.00 At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow-both professionally and personally. The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.Benefits offered:
Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability. Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics. For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.group id:
lckmtncx Apply nowBenefits
- Paid Time Off (PTO)
- Sick Leave
- 401(k) Plans
- Professional Development