IMI2460 - Specialist, Contracts Review & Cost Compliance II,I

  • Job Family
    Finance
  • Contract Type
    Direct
  • Location
    Ras Al Khair, Saudi Arabia
  • Business Line
    Controller
  • Department
    Financial Control
  • Closing Date
    31-Dec-2024
Your future role & Job Purpose

We are looking to hire Contracts Review & Cost Compliance Specialist, who will be responsible for but not limited to:

We are seeking a Contracts Review & Cost compliance to 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
  • Hold a bachelor’s degree in Finance Supply Chain, Finance or other business related. A Master's Degree is preferred.
  • Have 5-10 + years’ experience in Finance & contractual business fields
Working Relations

Internal & External Interactions:

  • All business functions & employees
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
  2. Passport-size photograph
  3. CV

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