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Contracts Manager

Genfare
paid time off, 401(k)
United States, Illinois, Elk Grove Village
800 Arthur Avenue (Show on map)
May 19, 2024

Contracts Manager
Location:


Elk Grove Village, Illinois, United States



Building the people that build the world.

With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.

As part of Detection and Measurement, Genfare is a leader in configurable fare collection systems in the public transit industry. By creating high quality equipment and payment systems to improve the rider experience, we empower equitable mobility and provide services to better connect communities.

Job Summary

This business and customer-facing role involves the development, drafting, review, amendment, storage, retrieval, training, overall maintenance and direction of contracting for all services and products of Genfare, LLC, including reviewing bid documents, preparing, reviewing and negotiating contracts, license, representative, consulting and other similar agreements; monitoring the performance of contracted parties

The individual in this role will work in a highly visible and collaborative department, with team members of diverse backgrounds and skill sets, to solve some of the most challenging problems in the business. The individual in this role will use contract knowledge to navigate key terms and conditions with customers in order to achieve targeted sales goals for the business. This role is essential to both maintaining and growing the customer base of the business. This individual will be required to exercise independent judgment in managing all phases of a variety of contracts and customer interactions. He/she must possess working knowledge of state and federal laws, rules and regulations governing government contracts.

Principle Duties and Responsibilities




  • Develop and administer commercial contracts and related services, including training under the limited direction of the Chief Financial Officer and in coordination with business leaders, management, finance, and the SPX legal department.
  • Analyze contract requirements to ensure the consistent application of contractual guidelines and company policies, and compliance with appropriate laws and regulations.
  • Review and revise new and existing contracts and other corporate documentation, including but not limited to procurement agreements, vendor agreements, sales contracts, software and SaaS agreements, equipment agreements, terms and conditions, master supply and service agreements, support agreements, reseller agreement, and non-disclosure agreements.
  • Administer, extend, negotiate and terminate standard and nonstandard contracts.
  • Review agreements and advise management of contractual rights and obligations and maintain historical development information.
  • Coordinate with corporate legal department and company management regarding contracting guidelines, form documents, and legal compliance measures.
  • Develop, maintain, and direct the activities concerned with an effective contract administration system for all products manufactured, sold and serviced by the company.
  • Accountable for both financial and risk management perspective with respect to all contract review functions.
  • Administer contract review and negotiation functions for all operating units within company in accordance with corporate guidelines.
  • Assist with the development and administration of new master terms for business units by function and need.
  • Support administration and manage tracking of the master negotiated terms and alliances
  • Review bid process documentation and for products and services, including analysis of technical contract language and market factors; review commercial terms submitted with bids for conformity to contract requirements, negotiate contract terms and participate in the determination of acceptable bids.
  • Communicate and document approvals that deviate from contractual guidelines and company policies, as authorized by Management.
  • Maintain, organize and track contracts and contract negotiation records (e.g. drafts & emails), as well as administer the Contract Lifecycle Management system with SPX IT.
  • Research and draft memoranda by the request of the SPX legal department regarding changes in laws and procedures affecting the company (eg. USMCA, Incoterms, Diversity, Conflict Minerals, etc.)
  • Prepare special reports, including a weekly/monthly project status, and analyses as requested.
  • Support Customer Service warranty issues resolution when customer involves legal counsel or threat of litigation.
  • Develop and administer ongoing contract-related training programs and act as resource for day-to-day issue management.
  • Interface with sales, application engineers and other functional departments
  • Administer other business documentation, including:

    • Review of commercial terms for certain purchasing functions; and
    • Management of lease documentation.


  • Liaison between operating units and SPX Assistant Group General Counsel and SPX Risk Management to ensure compliance with corporate contract standards and corporate insurance program.
  • Consult with SPX Assistant Group General Counsel and SPX Risk Management as needed.
  • Support SPX Group General Counsel as needed/directed, including:

    • Development of master terms and conditions analysis for company (T&C Matrix) and update as corporate standards evolve.


  • Support cost reduction activities and other company initiatives.



Knowledge, Skills & Abilities




  • Excellent communication with resonate impact.
  • Strategic thinker with relationship building skills.
  • Problem solver with strong analytical and decision making skills.
  • A mentality of win-win in working with customers.
  • Well organized with exceptional technical writing skills.
  • Professional verbal and formal presentation skills.
  • Exceptional track record of dealing with and influencing internal and external customers.
  • Ability to motivate stakeholders to achieve extra-ordinary results through team work.



Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Education and Experience

Required Education / Experience



  • B.A. required; paralegal certificate or advanced degree desired but not required.
  • 5+ years experience working with commercial contracts, including contract administration and negotiation in one or more of the following fields, sales and distribution, software/SaaS, manufacturing, procurement, municipal government contracts, or transit/transportation.
  • Must possess high degree of legal acumen.


  • Experience working in a business or legal environment required; extra consideration given to candidates with experience in: an in-house legal department; a law firm; the public transit industry; or municipal government contracts.
  • Demonstrated negotiation experience exemplifying tact and sound judgment.
  • Strong process system skills - must be able to identify and resolve problems in a timely manner, and be able to use intuition and experience to complement data.
  • Expert verbal and written communication skills
  • Exceptional analytical ability - must be able to understand and assess business implications of decisions.
  • Must be able to respond to requests for service and assistance, and must meet commitments to internal and external customers



How we live our culture

Our culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.

What benefits do we offer?

We know that the well-being of our employees is integral. Our benefits include:



  • Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave
  • Competitive health insurance plans and 401(k) match, with benefits starting day one
  • Competitive and performance-based compensation packages and bonus plans
  • Educational assistance, leadership development programs, and recognition programs



Our commitment to embrace diversity to build a culture of inclusion at SPX

We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential.

SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.



ABOUT SPX

SPX is a diversified, global supplier of infrastructure equipment with scalable growth platforms in heating, ventilation and air conditioning (HVAC), detection and measurement, and engineered solutions. With operations in 17 countries and approximately $1.4 billion in annual revenue, we offer a wide array of highly engineered products with strong brands.


SPX TOTAL REWARDS

At SPX , what's in it for our employees transcends market-competitive compensation and benefits. Our Total Rewards program also includes opportunities for employees' personal development, career growth, and recognition. These programs focus on alignment and assessment of organizational, team, and individual efforts toward achieving business results. Our development and career growth programs empower our employees to enhance their skills, develop new competencies, and pursue career goals. SPX benefits package provides choices designed to help employees manage their well-being. Our compensation programs are performance-based to recognize and reward employees who work hard, display the values and leadership practices we embrace, and deliver exceptional results.


OUR VALUES

  • Integrity
  • Accountability
  • Excellence
  • Teamwork
  • Results


At SPX, our values are at the heart of everything we do. We use our values every day to help us make the right decisions. We embrace a common purpose and strive for improvement. We respect and value each other as individuals and recognize that only by working together, as a team, can we reach our full potential. We take responsibility for our actions, build strong relationships with each other and our customers, and always act ethically. Our values inspire us to achieve the high standards of quality, safety, and performance that our customers expect and deserve.


WORKING AT SPX

Our work environment is established on a work-life philosophy supported by policies, programs, and practices that help employees achieve success within and outside the workplace. We believe in creating an inclusive work environment where employees strive to realize their fullest potential. We are an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation, national origin, gender identity, genetic information, age, disability, veteran status or any other legally protected basis.



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