Contracts Manager

GE Vernova • Schenectady, NY

1d

About The Position

The Contract Manager supports the project team on all contractual issues (ranging from equipment (EO/EEP) and Turnkey (TKP/TKSI) projects) during project execution and ensures that commercial risks and opportunities (notably claims, change orders, vendor and insurance recoveries) are identified early, tracked, managed and resolved favorably to GE. The support includes contract analysis, drafting of contractual documents & correspondence as well as negotiation.

Requirements

• Bachelor's degree from an accredited university or college (or a high school diploma / GED with 3+ years of experience in Contracts Management, project management experience in EPC (Engineering, Procurement, and Construction) Power Plants, or similar
• Must be located in the Central Time Zone (CST) or Eastern Time Zone (EST)
• Working hours must be around the EST time zone to accommodate business and clients
• Ability to travel to US and Latin America project sites as required
• Ability to work in cross functional teams remotely located
• Contract reading and writing experience
• Claims and contract management experience
• Excellent English speaking and writing skills
• Strong presentation and negotiation skills

Nice To Haves

• Bachelor's Degree in Engineering, Legal or Management
• Ability to handle many complex issues concurrently
• 5+ years claims management experience
• Construction claims negotiation experience
• Developer or EPC Experience, preferably in the Power Industry
• A sense of urgency and customer-focused responsiveness

Responsibilities

• Implement risk mitigation strategies
• Develop claims settlement agreements
• Manage and drive Contract Change Order execution in accordance with GE entitlement, including pursuing extension of time and other claims against Engineering, Procurement and Construction (EPC) Companies
• Pursue, negotiate and obtain insurance claim recoveries
• Drive Supplier recovery working in conjunction with Sourcing
• Ensure timely and accurate maintenance of databases to track and drive risk mitigation, vendor recovery and insurance recovery
• Perform pre-award risk analysis of customer contract terms and conditions
• Development and negotiation of terms and conditions with major subcontractors
• Ensure appropriate insurance policies are in place for assigned projects
• Maintain contract management documentation and electronic files, including contemporaneously obtaining and managing critical back-up documentation for delays, claims, back-charges and rejections
• Work closely with Project Managers to ensure timely submission of contractual notifications / deliverables
• Draft Change Orders, letters, replies and notifications to customers
• Provide contractual analysis and interpretation on project commercial issues and drive to successful resolution and closure
• Manage the project handoff from sales to the project management team. This includes, Contract page turn, Contract risk review, Commercial Deliverables, request proof of insurance, oversee payment securities and obtain Management authorization to release new projects via Electronic Order Release system (eARS) in a timely manner
• Issue Internal Change Orders as required
• Visit customer sites and lead Contract analysis of problems on projects
• Prepare and present claims mitigation presentations to customers

Benefits

• GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation.
• Available benefits include medical, dental, vision, and prescription drug coverage; access to Health Coach from GE Vernova, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services.
• Retirement benefits include the GE Vernova Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and financial planning consultants.
• Other benefits include tuition assistance, adoption assistance, paid parental leave, disability benefits, life insurance, 12 paid holidays, and permissive time off.
• Bonus eligibility: discretionary annual bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees