Contracts Manager

McDermott Corporation•Houston, TX

31d

About The Position

The Manager Contract Management role requires an in-depth understanding of Contract Management concepts, theories, and principles and basic knowledge of other related disciplines. The Manager Contract Management must be able to apply an understanding of the industry to improve effectiveness, provide guidance, and influence processes and policies for the Contract Management discipline as well as identify and resolve technical, operational, and organizational problems that impact effectiveness. The Manager Contract Management impacts the level of service and the Contract Management team's ability to meet quality and timeliness objectives. Policies, resource requirements, budgets, and the business plan should guide decisions made by the Manager Contract Management. The Manager Contract Management manages professional employees and supervisors and is accountable for the performance and results of the Contract Management group. The role will address resource and operational challenges by appropriately adapting departmental plans and priorities.

Requirements

Bachelor's degree in Engineering, Business Administration, or a related field
At least 5 years of experience in contract management within the EPCI industry
Working experience preferably in Offshore, Subsea, or Onshore Oil and Gas related projects
In-depth knowledge of contract types, such as lump-sum, unit price, and cost-reimbursable contracts, commonly used in the EPCI industry
Familiarity with industry-specific regulations, standards, and practices (e.g., API, ISO, ASME)
Strong understanding of project management principles and methodologies
Excellent verbal and written communication skills, with the ability to communicate effectively at all levels
Exceptional negotiation, problem-solving, and conflict-resolution skills
Detail-oriented mindset with the ability to review and analyze complex contractual documents
Proficient in using contract management software and tools, as well as MS Office Suite

Nice To Haves

Professional certifications related to contract management (such as CPCM or CCM) are highly desirable

Responsibilities

Develop and implement contract management strategies to support contract and project objectives
Oversee the entire contract lifecycle, from the initial negotiation stage to contract closeout
Collaborate with cross-functional teams to ensure contract compliance and adherence to project schedules
Monitor and assess contract performance, identify risks, and propose mitigation strategies
Manage contract negotiations, including price and terms, with suppliers, subcontractors, and other external partners
Provide guidance and support to project teams regarding contract-related matters
Conduct regular contract audits to ensure compliance with regulatory requirements and company policies
Coordinate with legal and procurement teams to ensure proper documentation and execution of contracts
Develop and maintain a contract database, including tracking key milestones, deadlines, and contract obligations
Stay updated with industry best practices and trends related to contract management
Own and lead the implementation, enforcement, and verification of compliance with all McDermott policies and procedures
Ensure employees understand their responsibility and authority to effectively implement the requirements of all McDermott policies and procedures
Ensure the timely completion of all mandatory training by themselves and their teams