Principal Contracts Specialist

The Principal Contracts Specialist shall proactively provide support to contract management and directors of a particular Business Unit in administering government, international and commercial contracts. S/he will support all aspects of contract management throughout the contracting process, from pre-proposal activities through contract closure. In performing this role, the Principal Contracts Specialist will:

• Support the review and risk analysis of solicitations and terms and conditions and coordinate with their supervisor.
• Participate in bid/no bid decisions and proposal review meetings.
• Review cost proposals, maintain cost and pricing data records for TINA compliance, support fact-finding and DCAA audits, and support negotiations.
• Proactively administer a variety of contracts (government/commercial, domestic/international) of all types (cost reimbursement, fixed price, incentive, award fee, IDIQ, time and material, etc.) and modifications thereto. Prepare and coordinate business correspondence, generate required contract-related reports, and maintain accurate and complete contract files and records for the company.
• Remain actively engaged with (and serve as an integral member of) designated program teams and develop strong interfaces with Hunt Valley personnel in other functional areas.
• Participate in program reviews, monitor program performance (contract schedules, deliverables, funding, invoicing, and payments), and notify contract managers or directors of potential non-compliances or other problems that could have an adverse impact on the company.
• Identify and administer contract changes, and coordinate resolution of contract issues with your supervisors.
• Actively administer the closeout of completed contracts.
• Ensure contract management activities are conducted in accordance with company policies and procedures, applicable laws and regulations, and customer requirements.
• Ensure coordination with Legal on contract matters that may have legal significance (such as, identifying to Legal non-standard or potentially high-risk terms and conditions) prior to advising management of contractual risks, rights and obligations, and terms and conditions interpretations.
• Perform other contract-related duties as assigned.

Required Skills:

• Solid knowledge and understanding of basic contracting principles and all contract types.
• Excellent interpersonal skills.
• Strong knowledge of the federal acquisition process, government contracting principles and governing regulations (including FAR/DFAR).
• Demonstrated experience in contract administration.
• Basic understanding of business agreements and general business practices,
• Working knowledge of subcontracting practices, accounting, finance, pricing, and estimating principles, and business law.
• Basic knowledge of international contract terms, ITAR and US import and export regulations.
• Basic knowledge of commercial contracting terms (FAR part 12, GSA, etc.)
• Solid oral/written communication and organizational skills.
• Ability to effectively communicate with all levels of management
• Ability to manage multiple work assignments and meet critical deadlines.
• High integrity and an unyielding commitment to compliance.
• Willingness and ability to travel domestically and internationally.
• Personal computer skill proficiency

Qualifications

• BA/BS degree. Law or MBA degree a plus.
• 7 years' minimum experience with federal, commercial and some international contracts.
• Actively pursuing professional certificates in government contracts is a plus.
• Member NCMA preferred.
• Security clearance a plus.