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Mayday Manufacturing

Contracts Manager

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What they do

A Contracts Manager reviews and manages business contracts for a company or organization. Reviews proposed contract terms and conditions, and communicates and negotiates with clients, suppliers or subcontractors. Confirms that contract terms have been met before a contract is closed out. Manages contract changes and contract record keeping.

$113,043 / year median in Texas

+5% projected growth

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Job Description

Contracts Manager Mayday Manufacturing - 3.3 Denton, TX Job Details $108,280.47 - $131,031.35 a year 9 hours ago Benefits Profit sharing AD&D insurance Employee stock purchase plan Disability insurance Health insurance Dental insurance Tuition reimbursement Vision insurance 401(k) matching Qualifications Customer communication Cash flow analysis Purchase orders Legal negotiation Finance Pricing optimization Finance B2B business model Bachelor's degree Cost analysis B2B Profitability analysis Procurement contract negotiation Manufacturing company experience Cross-functional communication Full Job Description About the Role Lead Contracts. Protect Profitability. Drive Growth. Mayday Manufacturing is seeking a highly motivated Contracts Manager to support our growing aerospace and defense business. This strategic role is responsible for administering, reviewing, negotiating, and managing customer Long-Term Agreements (LTAs), purchase order terms, amendments, nondisclosure agreements, and other commercial contracts. Essential Duties and Responsibilities Manage customer LTAs and other commercial agreements from review and negotiation through renewal and closeout. Review, analyze, and redline LTAs, purchase order terms and conditions, NDAs, amendments, and other commercial agreements while coordinating Corporate Legal review when required. Evaluate commercial terms including pricing, escalation clauses, rebates, payment terms, volume commitments, delivery schedules, cancellations, warranties, liability provisions, intellectual property rights, audit rights, and termination clauses. Partner with Finance, Sales, and Quoting teams to assess contract impacts related to cost, pricing, margin, cash flow, volume commitments, tooling investments, non-recurring engineering (NRE), and overall business risk. Prepare contract summaries, approval packages, negotiation documentation, redline logs, and final executed contract records. Maintain organized contract files and tracking systems for renewals, pricing actions, notice requirements, contractual obligations, and key customer commitments. Lead internal contract review meetings and communicate open actions, compliance concerns, renewal opportunities, margin improvements, and contractual risk exposure. Coordinate contract amendments, pricing notifications, claims, and formal customer communications. Monitor customer compliance with contractual obligations, including volume commitments, forecasts, payment terms, and other key performance requirements. Coordinate
FAR/DFARS
flow-down requirements and
ITAR/EAR
provisions with Legal, Quality, Supply Chain, and Trade Compliance teams. Continually improve contract templates, approval workflows, reporting dashboards, checklists, and training materials. Provide guidance and recommendations regarding contractual obligations, risks, and opportunities. Review, provide feedback on, negotiate, and execute customer contracts and, when necessary, supplier agreements. Maintain professionalism and composure while managing challenging negotiations and complex business situations. Qualifications Required Education and Experience Bachelor's degree in Business, Finance, Accounting, Supply Chain, Contract Management, or a related field from an accredited four-year university. Five (5) or more years of experience in contract administration, commercial management, pricing, finance, or a related field within manufacturing or another complex business-to-business environment. Direct experience reviewing and negotiating customer LTAs, purchase orders, amendments, NDAs, and commercial terms and conditions. Strong financial and analytical skills with the ability to assess pricing strategies, escalation impacts, volume commitments, profitability, cash flow implications, and payment terms. Experience working with cross-functional teams in a fast-paced business environment. Core Competencies Commercial aerospace contract administration and LTA negotiation Pricing, margin, cash flow, and risk analysis Contract interpretation, issue identification, and sound business judgment Strong negotiation, communication, and relationship-building skills Clear written communication, contract redlining, and documentation management Cross-functional collaboration and ability to influence without direct authority Strong organizational skills, document control, attention to detail, and accuracy Accountability, ownership, and professionalism under pressure Advanced Excel skills and proficiency in Microsoft Office applications Ability to manage multiple priorities and meet deadlines in a dynamic environment Our comprehensive benefits package includes: Full medical, dental, vision, life, AD&D, and short-term disability insurance coverage Paid vacation and personal days 401(k) retirement plan with company match Employee stock purchase program Annual profit-sharing bonus Tuition reimbursement to support your educational goals Why Join Mayday Manufacturing? At Mayday Manufacturing, you'll have the opportunity to directly influence key customer relationships and business outcomes in the aerospace and defense industry. We offer a collaborative environment where your expertise will help shape strategic agreements, drive profitability, and support the continued growth of a leading manufacturing organization Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.