Contracts and Claims Manager

Larsen & Toubro; Chennai; On-site; INR 2,200,000 - 4,200,000; Full time

Job summary

Larsen & Toubro is seeking a Head of Contracts to oversee overseas corporate contract functions, study bid documents, identify risk areas, and coordinate dispute resolutions. The role involves preparing contract appreciation documents, monitoring site performance, and liaising with legal teams for arbitration and court submissions.

The incumbent will ensure proper contract administration, safeguard company entitlements, and standardize subcontractor agreements, while guiding the project team on

Qualifications

• Experience in contract management and claim realization is essential.
• Ability to prepare contract appreciation documents and bid queries.
• Familiarity with arbitration, DRB, and legal submissions.

Responsibilities

• Study bid documents to identify risks and prepare contingencies.
• Prepare CADs and monitor contractual performance at site.
• Coordinate with legal counsel for arbitration and court actions.
• Standardize work orders and agreements with subcontractors.
• Guide project teams on contract and client correspondence.

Skills

Contract management

Risk analysis

Claims & arbitration

Contract drafting

Legal liaison

Stakeholder management

Dispute resolution

Education

B.E. Civil

LL.B.

PGD in Construction/Business Management

Job description

B.Tech/B.E Bachelors Program Civil Engineering

Job Description

#LI-DNI - Old TAR - LNT/CACM/1739110 Job Title: Head- Contracts - TestDivision/Function: ContractsAim:overseas corporate contract function by supporting the business unit.Responsibilities:To study the bid documents, identification of potential risk area, contingency plan and inform Tendering team so that it can be incorporated in the quotation of the worksTo prepare the queries during pre-bid stage for client to bring more clarity in the assessment of the proposalTo prepare Contract Appreciation Document (CAD) for internal circulationMonitoring the works from contractual perspective, safeguarding company’s entitlements & performance of obligationsPreparation & submission of claims for various issues arising out of works at site duly coordinating with siteTo monitor and guide the correspondence with client on behalf of company on regular basis to address any issue, scope of work, delays etc.To coordinate & interact with Dispute Resolutions Bodies (DRB) set up under the ContractTo coordinate & interact with Arbitration Tribunal constituted for settlement of disputesTo pursue the matter in respective Court through Legal counsel and Advocate on record - various submissions and follow upCoordinate with the Legal counsel for Arbitration duly supplying with proper inputs to strengthen the casePreparation of High Value work order and/or Agreements with SubcontractorsStandardizing formats for various work orders /agreements to be made with subcontractorsTo make the project team aware and sensitive about the importance of contract and correspondence with client and identification of potential friction area (red flags) with client during execution of the projectKRA:Financial Perspective:To generate revenue by claiming for extra work executedOperations Perspective:To highlight potential risks and recommend appropriate mitigation stepsTo ensure common understanding with vendors / sub-contractors / JV partners w.r.t contract documents.Customer Perspective:To delight internal customerLearning, Growth Perspective:Self-development - Upgrade knowledge & competenciesTeam development - build team's capabilities & competenciesQualification and Experience:Educational qualification: B.E. Civil, LLB,Years of experience:Other Specialization: Civil Engineering, PGD in Construction/Business ManagementBehavioral Competencies:Studies/analyses industry trends.Evaluates several options before taking a decision affecting a large group of people. Keeps alternative plans if things do not go according to the plan.Proactively seeks conflicting views to test their thinking, produces powerful new concepts or creative new solutions that change the way business is done.Anticipates and mitigates “negative impact” of change or innovation to maximise benefits.Promotes good working relationships regardless of personal likes or dislikesBecomes closely involved in the others’ internal decision making process. Others approach him/her in the critical conversations.Institutionalizes relationships with others to create Mutual benefits. Puts in place various forums to allow different groups or individual to collaborateIdentifies critical capability needs and plans to address them for future.Explain the team's objectives and expectations from them in person. Makes team members realize importance of their contributions to overall goals. Emphasizes individual strengths and capitalize them for broader objectives. Encourages and supports subordinates in taking on greater challenges.Commits significant resources and/or time (in face of uncertainty) to improve performance, tries something new, reach an entrepreneurial goal while taking actions to minimize downsides. This involves new services, new business lines etc.Takes numerous, sustained actions over time in high risk situations for the organization to reach an organizational goal. Confronts others openly and directly about performance problemOther Required Skills:Knowledge of appropriate laws & regulations related to contract management & claim realization- empanelment of/Networking with external legal counsels, consultants etc. for knowledge enhancement.Sound knowledge to understand, interpret and manage Contracts- Very much aware about latest trends/competitive practice. Prepares robustly for arbitrations/claim settlements.Drafting skills- Proficient in drafting all the types of documentations required for different types of contracts and complexities.Risk Analysis- applies past experiences and quickly catches probable risk factors. Sensitizes/support/communicates to the stakeholders about mitigation/risk handling strategies.