Cost and Contracts Manager
Date: Aug 25, 2024
Location: Baltimore, MD, US, 21220
Company: STENAHCM20
About Us:
ST Engineering MRAS is a world-leading manufacturer of complex aerostructures including nacelle systems and specialized structural components of the airframe. It supplies and supports these products for engine makers, airplane manufacturers and aircraft operators. Located on Maryland's Chesapeake Bay near Baltimore, MRAS has a 1.4-million sq. ft. facility situated on 180 acres – where the company and its predecessors have designed, built, and equipped civil and military aircraft for over 95 years. In addition to MRAS' design, development and manufacturing capabilities, the company provides technical support, spares, and other services for its products.
Role Summary:
ST Engineering MRAS is looking for a Cost & Contracts Manager to strategically develop and execute on cost out initiatives within the direct supply base, as well as ensure that parts are maintained on long term agreements. The role encompasses ownership of activities such as; bid list development, technical data package collection, RFP/RFQ, cost analysis, price and contract negotiation, compliance documentation drafting, deal review approvals and contract finalization.
Job Responsibilities:
• Manage and track long term agreements with suppliers
• Develop a strategy for expiring long term agreements
• Identify opportunities to cut costs through competitive bids, establish long term agreements, and identify new sources of supply
• Manage contract negotiation process
• Present potential agreements to senior leadership and stakeholders
• Manage transition to new suppliers with sourcing, quality, and engineering teams
• Effectively communicate with Program Management & Finance to assure quality financial models and risk are captured for the program
• Lead or participate in organizational efforts in assigned projects and / or tasks
• Assure proper documentation of technical data generated for assigned projects / tasks are compliant with policies and procedures
• Foster and inspire a collaborative work style and display team-oriented behavior with a proactive example of communication internally and externally
• Stay up-to-date with industry best practices and emerging trends in pricing models and pricing optimization techniques
• Provide guidance and support to commodity buyers, fostering a collaborative and high-performing team environment
Requirements
Bachelor’s degree in Business Administration, Supply Chain/Logistics, Engineering, Physics, Chemistry, Mathematics, or Computer Science, or equivalent experience with 5+ years of supply chain experience in aerospace.
- Advanced Degree in Engineering from an accredited university or college
- Previous experience in Aviation engines / systems / aircraft
- Previous experience working with Finance or with financial models
- Ability to effectively manage multiple project responsibilities
- Previous experience in driving operational excellence and continuous improvement
- Clear communication and strong interpersonal skills
ST Engineering MRAS is an equal opportunity employer and service provider and does not discriminate on the basis of race, age, religion, gender, gender identity, national origin, citizenship status, sexual orientation, disability, political affiliation or belief, or any other protected class. We are committed to the principles of Equal Opportunity Employment and are dedicated to making employment decisions based on merit and value.
Nearest Major Market: Baltimore