Roles and responsibilities
As a Contracts Manager, your primary responsibility is to oversee and manage contracts between your organization and suppliers, clients, or third-party vendors. You ensure that all terms, conditions, and legal obligations are clearly outlined and adhered to, while also managing any risks related to contractual agreements. Below is a comprehensive list of skills relevant to this position:
Core Contracts Management Skills:
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Contract Drafting and Negotiation:
- Creating, reviewing, and negotiating contracts to ensure favorable terms for your organization.
- Ability to tailor contracts to meet legal and commercial requirements while protecting company interests.
- Proficiency in drafting standard contract clauses (e.g., payment terms, delivery schedules, warranties, liability, and dispute resolution).
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Risk Management:
- Identifying and mitigating risks associated with contract terms and obligations.
- Ensuring that all potential risks (financial, operational, or legal) are anticipated and addressed in the contract terms.
- Proactively managing contract performance and resolving disputes.
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Contract Review and Compliance:
- Reviewing contracts to ensure compliance with legal, regulatory, and organizational standards.
- Conducting regular audits of active contracts to ensure they remain in compliance.
- Managing contract amendments, renewals, or terminations as necessary.
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Contract Lifecycle Management:
- Managing the entire contract lifecycle, from initiation and negotiation to execution and renewal.
- Maintaining accurate and up-to-date records of all contracts, amendments, and related documents.
- Ensuring timely execution and fulfillment of contract obligations by all parties involved.
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Legal and Regulatory Knowledge:
- Knowledge of relevant laws, regulations, and standards affecting contract law (e.g., commercial law, labor law, intellectual property law).
- Understanding of international contracts, including cross-border agreements and the applicable jurisdictions.
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Dispute Resolution and Conflict Management:
- Managing disputes between contracting parties, including negotiating settlements or resolving conflicts through mediation, arbitration, or litigation.
- Identifying potential issues early and facilitating the resolution of disputes in a cost-effective and timely manner.
Experience Required
- Minimum Overall 20+ years of oil & gas experience.
- Experience in Projects involving Onshore site construction project oil or gas plant and Project Value 400M 0r 500M USD.
- Must have more than 5 Years major experience worked in site construction projects.
- Bachelor's degree in engineering is a MUST.
- ADNOC experience is preferred.
Desired candidate profile
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Team Management:
- Leading and mentoring a team of contract administrators and other legal staff.
- Assigning responsibilities, overseeing contract processes, and ensuring team efficiency.
- Conducting performance reviews and providing training on contract management best practices.
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Negotiation and Communication:
- Strong negotiation skills to advocate for favorable contract terms and resolve disagreements effectively.
- Ability to communicate complex contractual terms clearly to non-legal team members, clients, and other stakeholders.
- Ensuring clear, transparent communication between internal teams and external partners.
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Attention to Detail:
- Meticulous attention to detail when reviewing contract terms to ensure accuracy and completeness.
- Identifying inconsistencies, ambiguities, or potential issues in contract language that could lead to disputes or misunderstandings.
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Problem-Solving:
- Proactively addressing issues that arise during the contract lifecycle.
- Resolving conflicts, delays, or issues related to performance, payments, or deliverables.
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Time Management and Prioritization:
- Handling multiple contracts and deadlines simultaneously while ensuring quality and compliance.
- Prioritizing contract reviews, negotiations, and renewals based on business needs.
Technical and Industry-Specific Skills:
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Contract Management Software:
- Familiarity with Contract Lifecycle Management (CLM) software such as DocuSign, ContractWorks, Concord, or Agiloft.
- Proficiency in using document management tools for storing, organizing, and tracking contracts.
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Cost and Budget Management:
- Ability to manage the financial aspects of contracts, including payment terms, price adjustments, and cost control.
- Overseeing financial implications and ensuring cost-effective contract performance.
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Knowledge of Procurement and Supply Chain:
- Understanding procurement processes and supply chain requirements related to vendor contracts.
- Working closely with procurement teams to ensure supplier contracts align with company goals and standards.