Contracts Manager (WET IC)

Larsen & Toubro; Saudi Arabia; On-site; SAR 80,000 - 120,000; Full time

Job summary

A leading construction and engineering firm in Saudi Arabia is seeking a Contracts Specialist to manage contracts and agreements, identify risks, and negotiate terms. The ideal candidate should have a degree in Law, experience in contract management, and strong skills in negotiation and MS Office applications. This role involves liaising with various departments to ensure compliance and mitigate risks associated with contracts.

Benefits

Health insurance

Competitive salary

Career development opportunities

Qualifications

• Bachelor's degree in Law or a related field is required.
• Experience in contract management and negotiation is essential.
• Proficiency in MS Office and Adobe Acrobat is necessary.

Responsibilities

• Review and summarize contracts and agreements.
• Identify risks and negotiate qualifications with clients.
• Prepare and draft project-specific terms and conditions.

Skills

Contract negotiation

Risk assessment

Legal compliance

MS Office proficiency

Education

Bachelor's degree in Law or related field

Tools

Adobe Acrobat

Job description

• Review of contracts, cooperation agreements, term sheets, partnership agreements (consortiums, JVs), exclusivity agreements, MOUs, and NDAs from the clients and partners.
• Provide summaries on major provisions in the contracts.
• Identify risks and opportunities in contracts & agreements.
• Mitigate contractual risks by drafting corresponding qualifications.
• Negotiate and conclude qualifications and deviations with the clients and stakeholders.
• Drafting particular terms and conditions specific to each Project which include flow down provisions from prime contract and agreed deviations with subcontractors and suppliers.
• Review and prepare agreements such as NDAs, MOUs, and pre-tender agreements with subcontractors and suppliers.
• Assist in the reviewing & negotiating of deviations raised by the bidders on subcontracts and purchase agreements.
• Assist the project management teams on contractual matters, preparation, reviewing and resolution of claims and disputes.
• Liaise with the legal department to obtain legal opinions, reviews, power of attorneys, parent company guarantees, code of conduct and other corporate legal documents.
• Liaise with the finance department on finalizing contracts’ structures, letters of credits, bank guarantees, parent company guarantees, etc.
• Liaise with the insurance department on establishing and maintaining insurance policies in accordance with the respective contracts.
• Assist the legal department on the ongoing cases.
• Hands on skills in using latest MS office (Word, Excel & PowerPoint) and Adobe Acrobat.