Contract Management Specialist

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Woodward supports our members' wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

Estimated annual base pay: $61,120 (minimum) - $76,400 (midpoint) - $91,680 (maximum)

• All members included in annual cash bonus opportunity
• 401(k) match (4.5%)
• Annual Woodward stock contribution (5%)
• Tuition reimbursement and Training/Professional Development opportunities for all members
• 12 paid holidays
• Industry leading medical, dental, and vision Insurance upon date of hire
• Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave
• Paid parental leave
• Adoption Assistance
• Employee Assistance Program, including mental health benefits
• Member Life & AD&D / Long Term Disability / Member Optional Life
• Member referral bonus
• Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending
• Voluntary benefits, including:
  • Home / Auto Insurance discounts
  • Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

Are you ready to make your mark? If you're a Contract Specialist, we have an exciting opportunity for you! This position has the primary responsibility of managing existing contracts to ensure the enforcement of all rights and obligations and provides support to the contract negotiations and claims management functions.

What you will be doing:

• Contract Management and Negotiation: Redline, negotiate, and manage nondisclosure agreements (NDAs), assist with contract conformance, and support higher-level negotiations through fact-finding and observation.
• CLM System Maintenance: Organize, maintain, and update workflows, group metrics, and KPIs within Woodward's Contract Lifecycle Management (CLM) system, ensuring all agreements and relevant data are accurately entered and maintained.
• Customer & Compliance Support: Track long-term contract expirations, renewals, and pricing adjustments (e.g., escalations, de-escalations), and ensure customer flow-down requirements and documentation are distributed and retained.
• Revenue Recognition & SAP Maintenance: Assist with revenue recognition pairing and maintain SAP 4.04 and 5.05 data.
• Flow-Down Management: Assist in the creation, input, and communication of flow-down forms and requirements, such as cybersecurity and product support agreements.
• Government Contracting: Provide support for government contracting activities and ensure compliance with related obligations.
• Team Collaboration: Exchange information effectively with stakeholders, gather inputs, and work across functional groups to ensure compliance with Woodward policies and obligations.
• Attention to Detail: Maintain meticulous records, prioritize tasks, and ensure timely completion of responsibilities while adhering to policies and procedures.
• Basic Commercial & Negotiation Skills: Understand commercial terms, industry standards, and pricing principles; negotiate basic contract pricing, terms, and conditions.
• Technical Proficiency: Strong working knowledge of contract management software, the ability to multi-task efficiently, and a focus on database and form accuracy.

What we are looking for:

Education:

• UNITED STATES\US - Associate's Degree

Experience:

• Experience in commercial role
• Experience in related industry

Application window is anticipated to close 30 days from original posting date.

This information is provided in compliance with the Colorado Equal Pay for Equal Work Act and is the company's good faith and reasonable estimate of the compensation range and benefits offered for this position. The compensation offered to the successful applicant may vary based on factors including experience, skills, education, location, and other job-related reasons.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). All applicants must be U.S. Persons within the meaning of the ITAR and EAR, or eligible to obtain all required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee, or refugee).

Woodward is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, protected veteran status, or any other category protected under federal, state, or local laws.