Contract Risk Management - MRU- Surat-Larsen & Toubro Infotech Ltd-5-8 - TimesJobs.com

Larsen & Toubro Infotech Ltd; Surat; On-site; INR 8,00,000 - 12,00,000; Full time

Job summary

A leading global technology company based in Surat is seeking a professional for the role of Contract Risk Management. Responsibilities include coordinating with various internal teams for contract-related activities, conducting risk reviews, and assisting in contract management. The candidate should have a Bachelor of Engineering degree and possess 5 to 8 years of experience in contract management, with strong commercial acumen and exceptional communication skills.

Qualifications

• 5 - 8 years of experience in Contract Management.
• Thorough knowledge of Commercial Terms & Conditions, Taxation, and Insurance.
• Capacity to work with multidisciplinary teams.

Responsibilities

• Coordinate with internal teams for contract-related activities.
• Conduct Risk Reviews and maintain Risk Registers.
• Assist in contract management functions during Tendering and Project Execution.

Skills

Commercial Acumen

Overall Business Process Understanding

Communication Skills

Negotiation Skills

Education

Bachelor of Engineering (BE)

Job description

Contract Risk Management - MRULNT/CRM-M/1310190
HENG-Heavy Engineering
Surat

Job Description

Coordinate with various internal interface points like Marketing, PMG, SCM, F&A, Insurance, Taxation, Legal, etc. for inputs on work related activities. Coordinate / conduct Pre-bid, Execution and/or Close-out Risk Reviews, maintain their MoMs and Risk Registers. Coordinate communication / reporting with Corp. Risk Mgnt Team. Assist Marketing, Contract and/or Project Managers in performing bidding and/or contract management functions in Tendering/Proposal and/or Project Execution. Review Commercial Terms & Conditions and draft commercial queries/deviations. Support Business Teams on contractual/legal fronts in handling client/vendor issues such as extra claims, delivery extensions, disputes, backcharges, change orders, etc. Review implementation of internal SOPs of Contract & Risk Management across IC, amend SOPs based on business learnings. Carry out internal audit on effective implementation of Contract & Risk Management related SOPs & Policies.

Must Haves: Commercial Acumen, Overall Business Process Understanding, Flair for learning contractual and legal terms.

Behavioral: Ability to work with multidisciplinary teams, exceptional communication skills (verbal and written), professional of unquestionable integrity, credibility and character. Good communication, interpersonal and negotiation skills.

Should have thorough understanding of Heavy Engineering Business and other ICs of L&T and its overall value chain / market. Should have thorough understanding of various business activities from Marketing, Procurement, PMG, Manufacturing, Logistics, etc. Should have thorough knowledge and understanding about Contract Management / Commercial Terms & Conditions, Taxation, Insurance, Commodity & Currency impacts on business, etc.

Locations

Contract Risk Management - MRULNT/CRM-M/1310190
HENG-Heavy Engineering
Surat

Minimum Qualification
BACHELOR OF ENGINEERING (BE)

Skills & Competencies:

• Must Haves: Commercial Acumen, Overall Business Process Understanding, Flair for Learning Contractual and Legal terms.
• Behavioral: Ability to work with multidisciplinary teams, exceptional communication skills (Verbal and Written), professional integrity, credibility and character. Good communication, interpersonal and negotiation skills.
• Should have thorough understanding of Heavy Engineering Business and other ICs of L&T and its overall value chain / market.
• Should have thorough understanding of various business activities from Marketing, Procurement, PMG, Manufacturing, Logistics, etc.
• Should have thorough knowledge and understanding about Contract Management / Commercial Terms & Conditions, Taxation, Insurance, Commodity & Currency impacts on business, etc.

Posted On
17 Mar 2025

End Date
13 Sep 2025

Required Experience
5 - 8 Years

• Job Function: Materials/Logistics/Supply Chain Mgmt/Procurement
• Industry: Technology (IT, Telecom, Dot Com etc) (Managed IT Services (MSPs))