IMI2417 - Senior Specialist, Contracts Review & Cost compliance

Job Family: Finance
Location: Ras Al Khair, Saudi Arabia
Business Line: Controller
Department: Financial Control
Closing Date: 22-Jun-2024
Your future role & Job Purpose

Contracts Review & Cost Compliance Specialist will work as the Contracts Review representative in the development and administration of contracts in the Contracting Services 

Key Accountabilities
  • Develop and execute contractual actions using sound business judgment to achieve optimal commercial outcomes in a timely manner to meet the operational needs of Proponents.
  • Reading and analyzing moderately complex contracts, researching, and preparing draft contract specifications, policies, and procedures, interpreting contract requirements to contractors, and recommending contract changes based on observable needs.
  • Handle Risk Management and legal necessities. Review, lead procurement actions and commercial contract negotiations using data-driven approaches.
  • Advise on different contractual issues and dispute resolution up to and including supplier performance issues and official claims by the supplier and negotiate claim settlement.
  • Prepare detailed financial analysis of commercial bid submissions, supplier spend and other types of financial and analyses as required; to establish feasibilities for evaluating the alternatives that may impact the technical, financial and/or procedural/administrative relationships. Assist in the preparation of verifications of contractor cost and escalation or de-escalation factors, the company estimate, and the scope of work that reflects a realistic company position. 
  • Being initiative and proactive to locate shortcomings or potential problems in the administrative procedures or contract terms and conditions and recommend solutions. 
  • Provide guidance and brainstorm with fellow teammates on unique contractual challenges or opportunities. Thrive in a close-knit team environment.
Who we are looking for

Education

  • Hold a bachelor’s degree in finance or equivalent.

Experiences

  • At least 3 - 9 years experience in finance & contractual business fields.

Competencies

  • Proficient in computer programs, Microsoft Office (Word, Excel & PowerPoint)

  • Strong written and verbal communication skills.

  • Attention to detail and accuracy in financial reporting.

  • Minors in Accounting or Statistics are desirable.

  • Comfortable working with large datasets.

  • Ability to prepare and present financial reports.

  • Working under pressure.

  • Strong analysis skills.

  • Problem Solving.

  • Teamwork.

Languages

  • Excellent communication skills in English (oral and written)

  • Arabic Language will be an advantage.

Working Relations

Internal Interactions

  • All business functions & employees

External Interactions

  • Suppliers, Vendors as maybe required.

About Application Process
If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):
1. Resume/CV
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