Contracts Manager
2 weeks ago
Wood is currently hiring for Contracts Manager to support our PMC project in Al Khobar.
As Wood continues to grow and diversify to meet the demands of an ever-changing world, the commercial function plays a leading role in ensuring we unlock our full potential, capture the value we create, and are correctly rewarded for this by our clients.
- known and respected.
- Promote and demonstrate safety leadership behaviours.
- Always act ethically and with the utmost integrity
- Champion and follow the relevant DOA and commercial / contracting policies
Manage and deliver, under limited supervision:
- Functional activities within the assigned business(es) including drafting, review and negotiation of:
- Confidentiality agreements / NDA's in accordance with business needs
Client contracts (bespoke and standard forms) including project-specific contracts and MSA's.
- Drafting and review of financial instruments (Bonds / Letters of Credit, PCG's, Collateral Warranties)
- MOU’s and exclusive arrangements
- Review proposed contract qualifications with other functions, as required, to ensure the balance of risk is appropriate for the associated services and remuneration mode.
- Providing overviews of contract T&Cs and associated issues to senior management and execution teams, as applicable
- Provide guidance to the assigned Business(es) on client contracting & negotiation strategies and terms and conditions.
- Engagement with other functions to identify strategies to avoid/mitigate risks associated with contract terms and Contracting Policy deviations.
- Provision of interpretation advice in relation to contract T&Cs and financial instruments (Bonds / Letters of Credit, PCG's, Collateral Warranties) to business, as required.
- Manage the timely provision of commercial deliverables (e.g. bonds, PCG’s, evidence of insurance)
In accordance with contract requirements and Wood Policies.
- Manage the preparation, negotiation, establishment, and administration of Joint Venture and/or Partnering agreements.
- Develop, build, and maintain internal relationships with stakeholders to become a business partner and trusted advisor.
- Drive collaboration within the functional team, and in doing so strive for best practice and consistency throughout the company.
- Provide input to commercial handovers to the execution teams for successfully awarded contracts.
- Manage and deliver continuous improvement across the function and look for innovative ways of working.
- Ensures that key relevant Commercial policies are understood and correctly applied within the assigned business(es)
- Provide robust client contracts governance and assurance across the assigned business(es) and recommend corrective action, as required.
- Responsible for the day-to-day management of the assigned Contracts team members (if any).
- Functional personnel development and promotion of an environment of learning and empowerment.
- Ensure the timely provision of contract input to the TGP process, tenders, and proposals, as required.
- Ensure the timely identification of contractual risks for inclusion in the risk management process.
- Develop main contract flow-down requirements for PO’s and subcontracts, in conjunction with the supply chain, as required.
- Assisting the pursuit of Wood's assertive claims and/or defending claims against Wood, as required.
- Represent Wood in industry-wide contracts initiatives, seminars, and workgroups.
- Degree required in one of: Law, Quantity Surveying, or Business Degree
- EPC experience (preferred but not required)
- Saudi experience is required
**Knowledge, skills and experience**:
- Experience and proven track record of contract review, drafting, and negotiation in a service company environment.
- In addition to an undergraduate degree or equivalent work experience, the individual should have work experience in the industry which would allow an understanding of and exposure to key contracting principles.
- Experience in the negotiation and set up of JVs, MOUs, bidding agreements, and consortium agreements.
- Experience in leading and managing a team (if applicable).
- Expert knowledge of contract terms, contract principles, and drafting and rollout of contracting policies.
- Working knowledge of the Company Finance and HR systems.
- Awareness of all relevant corporate and project procedures.
- Excellent understanding of Client contract structures, principles, and policies.
- Contract experience should cover engineering and construction projects in at least one of the following: life sciences, mining, power, infrastructure, environmental and/or oil and gas industries, EPC, EPCm, standard contract model forms (including NEC, FIDIC, JCT, LOGIC or regional equivalents).
- Minimum 10+ years' experience
**Personal attributes**:
- Utmost integrity
- Excellent negotiating skills.
- Leadership, people management, and motivational skills.
- Strategic thinker who can contribute to the management and improvement of the ov
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