It will manage the JDK for you. Usage is basically this:
# Install a JDK, that version is now default
sdk install java <version>
# Another one, it asks if you want to change the default
sdk install java <another-version>
# List available and installed versions
sdk list java
# Change which one you're using in this shell
sdk use java <version>
That's all.You can also manage Gradle/Maven installations with SDKMAN, but that's not necessary, usually, because most JVM projects include a "wrapper" script which downloads the needed Maven/Gradle version for you.
This works regardless of whether your project also needs Kotlin/Groovy etc. as those are just managed by Gradle/Maven (the only exception I can think of is if you use Kotlin Multiplatform as that will depend on the platform dependencies as well).
So once you know SDKMAN, you can manage any JVM-based project with just this:
sdk use java <jdk-version-used-by-project>
./gradlew build # or ./mvnw package
If you need to do anything else, you should complain to the project authors as this is really all you should need!