Associate Contract Management Specialist

3 weeks ago


dubai, United Arab Emirates Mcdermott Dubai Full time
Associate Contract Management Specialist
The job posting is outdated and position may be filled
Responsibilities:• Assist project teams in the execution of the contracts as per the company policy and applicable regulations.• Support and manage all activities related to the internal administration of the contracts.• Monitoring of contractual correspondence, including preparation of letters and contractual notices in accordance with requirements of the prime contract• Manage and maintain effective and accurate records of all project contractual and commercial documentation;• Assist with internal reporting of all commercial and contractual issues;• Provide support in dealing with the contractual and commercial issues to Projects mainly on prime contracts but may also extend to subcontracts, if necessary.• Engage in meetings and correspondence with the internal stakeholder, the Client, subcontractors, and other third parties.• Support preparation of technical and commercial aspects of change order proposals, inclusive of packaging final submissions to Client• Comprehend, analyze and interpret terms and conditions of contract/subcontract and articulate contract/subcontract obligations to other stakeholders;• Administer contract closeout requirements• Interface with key corporate support functions to ensure timely release of performance guarantees including retention• Assist in negotiating the contract terms and incorporating them into the contract agreement.• Review and analyse contracts ensuring its compliance with the company policy and procedures.• Assist in project monitoring and project benchmarking.• Maintain and oversee contract database.• Collaborate with the legal team.• Participation in financial/contractual audits. Disclaimer: Drjobs.ae
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