Contracts Manager

Wood is currently hiring for Contracts Manager to support our PMC project in Al Khobar.

As Wood continues to grow and diversify to meet the demands of an ever-changing world, the commercial function plays a leading role in ensuring we unlock our full potential, capture the value we create, and are correctly rewarded for this by our clients.

To achieve this, we challenge the norm and look for new ways of working, we are curious and seek out value add innovation, we embrace change, and we are courageous and confident in managing risk. At the heart of everything we do is the application of good commercial acumen and governance for which we are well- known and respected.

Responsibilities

- Promote and demonstrate safety leadership behaviours.
- Always act ethically and with the utmost integrity
- Champion and promote the application of the Financial Management Framework guidelines.
- Champion and follow the relevant DOA and commercial / contracting policies

Manage and deliver, under limited supervision:
- Functional activities within the assigned business(es) including drafting, review and negotiation of:
- Confidentiality agreements / NDA's in accordance with business needs
- Client contracts (bespoke and standard forms) including project-specific contracts and MSA's.
- Drafting and review of financial instruments (Bonds / Letters of Credit, PCG's, Collateral Warranties)
- MOU's and exclusive arrangements
- Review proposed contract qualifications with other functions, as required, to ensure the balance of risk is appropriate for the associated services and remuneration mode.
- Providing overviews of contract T&Cs and associated issues to senior management and execution teams, as applicable
- Provide guidance to the assigned Business(es) on client contracting & negotiation strategies and terms and conditions.
- Engagement with other functions to identify strategies to avoid/mitigate risks associated with contract terms and Contracting Policy deviations.
- Provision of interpretation advice in relation to contract T&Cs and financial instruments (Bonds / Letters of Credit, PCG's, Collateral Warranties) to business, as required.
- Manage the timely provision of commercial deliverables (e.g. bonds, PCG's, evidence of insurance)
- In accordance with contract requirements and Wood Policies.
- Manage the preparation, negotiation, establishment, and administration of Joint Venture and/or Partnering agreements.
- Develop, build, and maintain internal relationships with stakeholders to become a business partner and trusted advisor.
- Drive collaboration within the functional team, and in doing so strive for best practice and consistency throughout the company.
- Provide input to commercial handovers to the execution teams for successfully awarded contracts.
- Manage and deliver continuous improvement across the function and look for innovative ways of working.
- Ensures that key relevant Commercial policies are understood and correctly applied within the assigned business(es)
- Provide robust client contracts governance and assurance across the assigned business(es) and recommend corrective action, as required.
- Responsible for the day-to-day management of the assigned Contracts team members (if any).
- Functional personnel development and promotion of an environment of learning and empowerment.
- Ensure the timely provision of contract input to the TGP process, tenders, and proposals, as required.
- Ensure the timely identification of contractual risks for inclusion in the risk management process.
- Develop main contract flow-down requirements for PO's and subcontracts, in conjunction with the supply chain, as required.
- Assisting the pursuit of Wood's assertive claims and/or defending claims against Wood, as required.
- Represent Wood in industry-wide contracts initiatives, seminars, and workgroups

Requirements: