Senior Contracts & Subcontracts Manager

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    "requisitionDescription": "<p style=\"margin-left:0in;\" data-pasted=\"true\"><strong>Job Title:&nbsp;</strong>Senior Contracts &amp; Subcontracts Manager</p><p style=\"margin-left:0in;\"><strong>Location:&nbsp;</strong>Remote (U.S. Only, Eastern Time Zone Preferred)</p><p style=\"margin-left:0in;\"><strong>Reports to:&nbsp;</strong>SVP of Commercial Sales</p><p style=\"margin-left:0in;\"><strong>About Us:</strong></p><p style=\"margin-left:0in;\">Ocean Power Technologies, Inc. (OPT) provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets.</p><p style=\"margin-left:0in;\">Our technologies support persistent maritime operations through autonomous platforms, offshore power generation, and maritime domain awareness systems. OPT&rsquo;s solutions include the PowerBuoy&reg; platform, which delivers reliable offshore power and communications for remote maritime operations; the WAM-V&reg; unmanned surface vehicle platform; and Merrows&trade;, an AI-capable maritime domain awareness integration system that enables distributed sensing across multiple platforms.</p><p style=\"margin-left:0in;\">OPT works closely with defense and security organizations to enable long-duration maritime sensing, autonomous operations, and resilient ocean infrastructure in contested and infrastructure-limited environments.</p><p style=\"margin-left:0in;\">The Company&rsquo;s headquarters is in Monroe Township, New Jersey with an additional office in Richmond, California.</p><p style=\"margin-left:0in;\"><strong>The Role:&nbsp;</strong></p><p style=\"margin-left:0in;\">Ocean Power Technologies is seeking an experienced Senior Contracts &amp; Subcontracts Manager to support the company&#39;s growing government and commercial business activities across autonomous maritime systems, offshore power, maritime domain awareness, and related technology solutions. This role will serve as OPT&#39;s primary internal resource for government and commercial contracting matters, supporting contract negotiations, subcontract management, proposal and capture activities, contractual risk assessment, and contract administration.</p><p style=\"margin-left:0in;\">The Senior Contracts &amp; Subcontracts Manager will partner closely with sales, business development, finance, operations, executive leadership, and outside legal counsel to support the full contract lifecycle from opportunity pursuit through contract execution. As OPT continues to expand its federal and commercial business activities, this individual will help establish scalable contracting processes, support strategic growth initiatives, and provide guidance on contractual obligations, government contracting requirements, and risk management.</p><p style=\"margin-left:0in;\">The ideal candidate brings hands-on experience supporting government contractors, understands both prime and subcontract environments, and has successfully negotiated and administered complex government and commercial agreements. The successful candidate will serve as a trusted internal resource for government contracting practices and contractual risk management.</p><p style=\"margin-left:-.5in;\"><strong>Key Responsibilities:</strong></p><p style=\"margin-left:-.5in;\"><strong>&nbsp;</strong></p><p style=\"margin-left:0in;\">Lead the review, negotiation, administration, and management of government and commercial contracts, subcontracts, teaming agreements, NDAs, consulting agreements, and related business arrangements.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">Support proposal, capture, and business development efforts by reviewing solicitations, identifying contractual risks, and developing compliant contracting strategies.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">Interpret and apply FAR, DFARS, and related contractual requirements while leading contract negotiations with customers, partners, subcontractors, and government stakeholders.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">Manage subcontractor agreements and contractual flow-down requirements while advising internal stakeholders on contractual obligations, business risks, and compliance considerations.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">Coordinate with outside legal counsel on complex contractual, intellectual property, liability, and other non-standard legal matters.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">Support contract administration activities, including modifications, change orders, claims, and the development of scalable contract management processes, templates, controls, and documentation.</p><p style=\"margin-left:.25in;\"><br></p><p style=\"margin-left:.25in;\"><strong>Required Qualifications:</strong><strong>&nbsp;</strong></p><p style=\"margin-left:0in;\">Bachelor&#39;s degree in Business, Finance, Supply Chain, Legal Studies, Public Administration, or related field.<br>&nbsp;<br>&nbsp;7+ years of progressive experience in government contracts, subcontracts, federal procurement, or contract management roles.<br>&nbsp;<br>&nbsp;Demonstrated experience negotiating and administering government and commercial agreements.<br>&nbsp;<br>&nbsp;Strong working knowledge of FAR, DFARS, and government contracting practices.<br>&nbsp;<br>&nbsp;Experience supporting proposal, capture, contract formation, and subcontract management activities, including contractual flow-down requirements.<br>&nbsp;<br>&nbsp;Understanding of contract types including FFP, T&amp;M, IDIQ, BPA, and cost-reimbursable contracts.<br>&nbsp;<br>&nbsp;Strong communication, negotiation, analytical, and organizational skills with the ability to manage multiple priorities in a fast-paced environment.</p><p style=\"margin-left:0in;\"><strong>&nbsp;</strong></p><p style=\"margin-left:0in;\"><strong>Desired Qualifications:</strong></p><p style=\"margin-left:0in;\">Experience supporting Department of Defense, Department of Homeland Security, Navy, or other federal agency programs within maritime, defense, aerospace, robotics, autonomous systems, energy, or advanced technology sectors.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">Experience with teaming agreements, strategic partnerships, consortium agreements, OTAs, or other collaborative business arrangements.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">NCMA certifications (CPCM, CFCM) or equivalent professional training.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">Former federal acquisition professional, military acquisition professional, or contracting officer experience.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">Experience supporting publicly traded companies, growth-stage organizations, or dual-use technology businesses.</p><p style=\"margin-left:0in;\"><br></p><p style=\"margin-left:0in;\">Ocean Power Technologies provides equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, ancestry, national origin, citizenship, sex or gender (including pregnancy, childbirth, and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, religion, age, disability, genetic information, service in the military, or any other characteristic protected by applicable federal, state, or local laws and ordinances. Equal employment opportunity applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leave of absence, compensation, and training.</p><p style=\"margin-left:0in;\">Salary range is $130,000 - $150,000 per year.</p><p style=\"margin-left:0in;\">This role is eligible for performance-based incentive compensation tied to company performance and strategic growth objectives.</p><div style=\"margin-left:0in;\"><ul style=\"list-style-type: disc;margin-left: -0.25in;\"><li style=\"margin-left:0in;\">Bonus potential</li><li style=\"margin-left:0in;\">Restricted Stock Awards</li></ul></div><p style=\"margin-left:0in;\">Benefits include:</p><div style=\"margin-left:0in;\"><ul style=\"list-style-type: disc;margin-left: -0.25in;\"><li style=\"margin-left:0in;\">Medical</li><li style=\"margin-left:0in;\">Dental</li><li style=\"margin-left:0in;\">Vision</li><li style=\"margin-left:0in;\">Life Insurance</li><li style=\"margin-left:0in;\">Disability Insurance</li><li style=\"margin-left:0in;\">401(k)</li></ul></div>\n",
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