Contracts Manager II - Navy Federal Financial Group

Overview

To support Navy Federal’s business objectives by managing the pre‑award, negotiation, and post‑award contracting processes for the acquisition of services, materials and equipment. Works independently with limited guidance.

• In conjunction with the Business Unit, reviews requests for the procurement of equipment, services, material and/or construction.
• Analyzes the requirement for product(s) and/or service(s), verifies funding, reviews delivery timeline and key performance indicators (KPI) of the product/service, and recommends revisions to the statement of work or specifications.
• Establishes an acquisition strategy to include the type of contract and milestones, contractible requirements, availability of qualified contractors and/or justifications for sole/single source acquisition.
• Prepares solicitation documents or reviews vendor‑provided contractual documents. Incorporates provisions, such as cost accounting standards, requirements for technical proposals, testing procedures, cost escalation factors, regulatory agency compliance issues including the National Credit Union Administration (NCUA) and Navy Federal Key Service Provider policies.
• Coordinates review of contracts or purchase agreements with Procurement Management and, in conjunction with the Office of General Counsel and Chief Financial Officer, as required. Solicits proposals from prospective contractors.
• In conjunction with the Business Unit, analyzes proposals. Performs cost or price analysis, including review of cost breakdowns to determine reasonableness. Obtains pre‑award surveys to establish contractor responsibility, and obtains audits and pricing reports to develop negotiation strategy.
• Develops negotiation objectives and leads negotiations related to contract pricing, terms and conditions with potential contractors. As appropriate, confers with offices of General Counsel, CFO, and subject matter experts.
• Reviews Business Unit's Quality Assurance Plan to assure it aligns with contract terms and conditions; recommends Plan adjustments as needed.
• Awards contracts within delegated contracting authority, or recommends award to contracting authority on contracts outside delegated authority.
• Prior to contract execution, meets with Business Units and contractor and reviews key contract terms, conditions, and requirements including deliverables, timelines, and administrative details.
• Assists Business Units in the execution of contracts, including correspondence, invoice verification and performance of termination actions, until final delivery and payments are completed and the contract is closed.
• Interprets contract provisions for Business Units and provides appropriate advice and guidance. Leads negotiations on contract modifications.
• Prepares Navy Federal's position on contract disputes and recommends a decision on dispute settlements.
• Closes out the contract or issues termination notices and reviews settlement proposals.
• Works with procurement requests requiring contracts with complex product/service requirements, significant business risk and impact.
• Uses advanced contracting/negotiating techniques and models.
• Presents alternatives and recommendations to solve unique and complex problems.
• Provides training and guidance for lower level specialists.
• Develops project strategies.
• Anticipates issues and identifies solutions.

• Knowledge of procurement directives and contract laws, regulations and procedures applicable to the acquisition and contract administration of extensive or unique equipment, services, material and construction.
• Knowledge of various types of contracts, methods of contracting, and selection factors to plan appropriate strategies to procure complex requirements, and to conduct negotiations in the pre‑award and post‑award phases of contracting.
• Knowledge of the customer’s program objectives sufficient to participate in planning, negotiation, and administration of specialized technical terminology, and use of equipment, services, or construction procured.
• Extensive knowledge of commercial and industrial business practices (e.g., subcontracting of raw materials or services and use of cost analysis…