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Contract Specialist (ID: 210003JL)


Contract Specialist (ID: 210003JL)

Contract Specialist (ID: 210003JL)

TechnipFMC
Houston, TX

Qualifications

Bachelor's (Required)
US work authorization (Required)

Job details

Job Type

- Full-time

Contract Specialist
TechnipFMC is a global oil and gas leader, specialized in subsea and surface technologies. Our mission: to enhance the performance of world’s energy industry. How we do it: by constantly challenging conventions and investing in our 20,000+ employees, across 48 countries. At TechnipFMC, we aim to offer an inspiring working experience: tackling some of the most complex technical and engineering challenges in the world in collaboration with a truly global team.

The Contract Specialist shall satisfactorily protect the contractual and commercial interest of the company in respect of the project in all of its activities and transactions, ensuring that all company policies and procedures are adhered to. Also needs to pursue and maximize the commercial opportunities as well as issue project reports accurately that shall reflect the current commercial status of the project and the likely outcome at completion.
Job description
Commercial

General: tasks will be performed as part of a tender team and in close cooperation with Commercial function of GBU Legal Subsea. The role is specific for each tender, customer or business area and may vary depending on the scope, duration and complexity of each tender.

  • Assist in the detailed legal review of Client proposed draft of contract, including all relevant parts of exhibits as included in the bid invitation.
  • The review should take into account advice and experience gained during execution of previous projects. Where possible, the review should identify and assess the potential difficulties or roadblocks that may arise when administrating the Contract during the execution phase such as Change Orders, Schedule, reimbursable scope, rely-upon, Client assigned items, nominated vendors, coordination with client, etc.
  • Provide input on any contractual and commercial risk identified during the review process and ensure this is raised to the tender team (and management, when necessary) so that the risk will be taken into account in tender evaluation.
  • Assist in negotiations with clients and joint venture partners as needed.
  • When requested, assist sourcing/procurement to address contract, legal, commercial and insurance issues related to subcontractors or major suppliers during tender phase, with a particular focus to ensure flow down of Client contract terms to subcontractors.

Project

General: Project tasks by the contracts resource will be performed as part of a project team, in close cooperation with all other project functions and with the Legal GBU Subsea Projects function. Tasks may vary depending on the scope and complexity of each project. Additionally, the contracts resource may be assigned to act as “contract manager” or "commercial manager" on a project, taking on additional responsibility for coordination of other functions. Ensure that all aspects of the contract during the execution phase are addressed with the objective of contributing to maximize project revenues.

  • Act as a key integral member of the project team and participate in commercial strategic discussions and decisions to ensure that contracts risks are identified, properly evaluated and mitigated.
  • Provide the project (including team work onshore and offshore) with accurate summaries of contract related matters including contract synopsis, contract review, contract obligations matrix and guidance on contract requirements.
  • Advise the project manager/director on aspects of Project execution which deviate from contract requirement.
  • Responsible for preparation/review of all relevant contractual correspondence exchanged during project execution to and from the Client, partners, subcontractors and authorities.
  • Ensure regular reporting as required, including review of client reporting.
  • Manage and maintain accurate records of all project contractual documentation within Contracts Workspace System.
  • Monitor all project deliverables as well as identify risks and opportunities.
  • Assumes overall responsibility for all contractual and commercial issues related to management of change, including ensuring claims are issued within the timeframes set out in the Contract receiving all required internal approvals: prepare, interfacing with involved functions, and negotiate any claims against client, joint-venture partners and subcontractors.
  • Coordinate the necessity of additional insurances in conjunction with other functions within Legal and with Insurance where applicable. Ensure that the required insurance coverage is timely put in place and that required insurance certificates are provided/obtained from vendors, subcontractors and joint-venture partners.
  • Prepare, pursue and lead the process on all claims (excluding litigation) related to the project, including Construction All Risk (CAR) insurance claims. Prepare and review proposals to instigate formal dispute resolution.
  • Assist the project manager/director whenever a loss and/or damage falling under an insurance program occurs. Subsequently follow up the evolution of the loss, providing support for the orderly build-up of the documentary evidence to be used to substantiate the insurance claim and attending the negotiations with the loss adjuster in conjunction with the relevant Insurance Function.
  • Assist Subsea Global Sourcing & Procurement (GSP) to address contract, legal, commercial and insurance issues related to subcontractors or major suppliers, with a particular focus to ensure flow down of Client contract terms to subcontractors and provide assistance on subcontract/PO negotiation and approval of any deviations. Manage claims/disputes with suppliers.
  • Issue client notices.
  • Preparation and management of inter-company orders.
  • Manages completions/handover/milestones/payment certificates in accordance with the contract.
  • Interface with Cost Control to establish and maintain accurate financial forecasting.
  • Interface with the Tax function to assess and quantify tax liabilities.
  • Administration of bank bonds, parent company guarantees and insurance certificates.
  • Participate as required in project reviews and provide input to project review reports.
  • Active and regular attendance at project meetings involving the Client, including all those with a commercial/ contractual agenda.
  • Oversee and participates in close out of contracts/projects including in relation to the certificates, final account and securities, and deal with claims to satisfactory conclusions.
  • Ensure collection and sharing within the Commercial function of GBU Legal Subsea and tender team of lessons learned, feedbacks and returns of experience on criticalities and/or opportunities encountered during Project execution.

You are meant for this job if

  • Bachelor’s degree or relevant experience in pertinent discipline preferred.
  • 3-6 years experience with contracts including international contracts; experience in law, engineering, planning, or cost controls advantageous
  • Minimum 2 years experience with Subsea contracts within the oil and gas industry
  • Strong negotiation skills and experience
  • Understand inter-disciplinary relations and requirements
  • Exceptional communication and presentation skills
  • Ability to provide open and direct dialogue with stakeholders
  • High level of integrity and ethics
  • High standard of written and spoken English.
  • Fluent in the English language
  • PC skills with proficiency in word processing, spreadsheet, project, and presentation software.
  • Ability to handle multiple tasks and changing priorities in a fast-paced environment.
  • Interpersonal skills, including but not limited to:
  • Organisational Skills/Time Management
  • Ability to manage change
  • Professional delivery
  • Cost aware
  • Results focused
  • Proactive / committed approach
  • Good team player
  • Self-motivated and persistent.
  • Decision Making

Your future at TechnipFMC

  • Potential career path
  • Global mobility opportunities
  • Training and development
  • Diverse and international team

Learn more about TechnipFMC
Learn more about us and find other open positions at our Career Page.

Follow us on LinkedIn for company updates.

“As an equal opportunity employer TechnipFMC considers only qualified applicants without regard to color, age, race, ethnicity, sexual orientation, gender expression, disability, national origin, veteran or marital status.”

Job Type: Full-time

Pay: $80,000.00 - $90,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • Monday to Friday

Supplemental Pay:

  • Bonus pay

Ability to commute/relocate:

  • Houston, TX 79766: Reliably commute or planning to relocate before starting work (Required)

Education:

  • Bachelor's (Required)

Experience:

  • Oil & gas industry Contract: 2 years (Required)

Work Location: One location


Hiring Insights

Hiring for this role


• Mobile: NA

• Location: NA

• Post ID: 21447748


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