Contracts Manager (WET IC)

Larsen & Toubro; Saudi Arabia; On-site; SAR 224,000 - 300,000; Full time

Job summary

A prominent engineering and construction firm in Saudi Arabia seeks a skilled professional to manage contract review and negotiations. The role involves summarizing major provisions, identifying risks, and collaborating with various departments to finalize agreements and manage disputes. Ideal candidates will possess strong negotiation abilities, familiarity with legal documents, and proficiency in MS Office tools. This position offers an opportunity to engage with critical project contractual matters in a dynamic environment.

Qualifications

• Experience in reviewing contracts and agreements.
• Strong negotiation skills with clients and stakeholders.
• Familiarity with legal documents and frameworks.

Responsibilities

• Review contracts and agreements from clients and partners.
• Identify risks and opportunities in contractual terms.
• Liaise with legal, finance, and insurance departments.

Skills

Contract negotiation

Risk assessment

Legal document drafting

MS Office proficiency

Liaison with departments

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.