Principal Contract Management Spec

Job Overview:
In a lead role, can lead projects or segments of projects with contract values up to $500M under supervision of the Contracts Manager/Contracts Director. Reports to the Contracts Manager/Director. Manages Graduate Trainees Contracts Administrators and/or Contracts Specialists. Has responsibility for the Contracts Management and Claims Success of allocated Contracts at the projects level. Develops and maintains a positive relationship with internal functions and clients. This is a site-based position on a 14/7 rotational schedule.

Job Description

Job Overview:
In a lead role, can lead projects or segments of projects with contract values up to $500M under supervision of the Contracts Manager/Contracts Director. Reports to the Contracts Manager/Director. Manages Graduate Trainees Contracts Administrators and/or Contracts Specialists. Has responsibility for the Contracts Management and Claims Success of allocated Contracts at the projects level. Develops and maintains a positive relationship with internal functions and clients. This is a site-based position on a 14/7 rotational schedule.
Salary Range:
$ 162,541
- $ 191,420. The range provided is for contracted hours only. In addition, McDermott offers a competitive total rewards package, including project up-lift and bonuses.
Responsibilities
Key Tasks and Responsibilities
Assist and ensure the preparation of Post Contract Award including:Coordinate Project Execution PlansContract Notices to subcontractors and ClientGenerate detailed contract change documentation for submittal to clientContractual AlignmentContract Records Management/DocumentationInsurance certificationLetters of Credit, Bonds, Payment Guarantees, Parent Company GuaranteeCoordinate Flow Down Provisions for Procurement and Subcontract ManagementMonthly Review Contracts/Commercial Management PlanContracts Awareness and Training SessionsContract Change NoticesContractual LettersContract MilestonesContract Schedule ChangesProject Opportunity and Risk MatricesEnsure inputs are received from all functions in relation to any Contractual MattersCoordination of Lessons Learned for future bid submissionsInterface with all functions including but not limited to Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer/ClientOrganize and chair Commercial Management meetings and ensure sufficient challenge of growth/change opportunities with Customer for Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer/ClientDevelop Lessons Learned for bid submissions and the bid process for wider cascade to the business via the Estimating and Proposals Managers and required close out actions if anyQualifications
Essential Qualifications and Education
Typically requires a Bachelor’s Degree in a relevant discipline such as Engineering, legal, Commercial or Quantity Surveying and five (5) years of functional experience + two (2) years of experience in Contracts ManagementProven experience in contract management within the Engineering Procurement Construction and Installation (EPC/EPCI) industry, in the areas of Energy Transition and OnshoreIn-depth knowledge of EPC/EPCI project lifecycles, including design, procurement, construction, and installation phasesIs able to build rapport with and gains respect from employees with varied experience and background.
Familiarity with industry-specific terminologies, contracts, and standardsStrong negotiation skills with a focus on achieving mutually beneficial outcomesAbility to analyze complex contract requirements and identify potential risksExcellent verbal and written communication skills, enabling effective collaboration with diverse stakeholdersProficient in using contract management software and MS Office SuiteDetail-oriented with strong organizational and time management skillsAbility to work under pressure, multitask, and meet tight deadlinesAbout Us
Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably. For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.
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