Senior Contract Specialist Jobs in Neom at NEOM
Title: Senior Contract Specialist
Manages the lifecycle of the contract from signature to closure and drive value through contract negotiation, drafting, administration and supplier relationship management ensuring contract performance and compliance along with the support of Contract Manager.
Specifically, the Candidate will work with the Contract Manager and oversee Contract Lifecycle Management to support team colleagues across all Energy functions i.e.
Energy Market Analytics
Market Design and Portfolio Management
Flexibility and carbon
System Planning & Optimization
Key Accountabilities And Responsibilities
Support in contract negotiation, amendment, execution and analysis for maximizing operational and financial performance and minimizing risk.
Involved in Source to Contract phase to Provide inputs to relevant stakeholders in negotiation decisions involving legal or regulatory requirements, contract standards and cost targets to ensure that the key organization interests are captured and covered in the contract.
Ensure Contract Manager is consulted for any strategic decisions, contract variations, or approvals for complex contracts.
Closely monitor handover phase to ensure buyers have accurately completed the necessary templates and provided needed information prior to hand over.
Lead contract management reviews (setting, analysis and monitoring of KPI’s) via regular meetings.
Facilitate and own the record keeping for all contract-related correspondence and documentation.
Monitor contracts actively and complete contract close-out, prompt for extension or renewal, and or short cancelation, as required.
Ensure compliance to standards, procedures, and templates set by the Procurement Excellence department.
Ensure the contracted services are delivered in accordance with the intent of the contract, risks are identified and performance effectively managed.
Support the relevant stakeholders in developing related materials to implement innovative performance and measurement metrics and incentive schemes in alignment with relevant stakeholders.
Lead stakeholder communications regarding contractual updates, changes, and overall performance, and provide guidance on complex matters
Competences, Skills And Knowledge
Financial Risk Analysis
Contract Execution and Compliance
Operational & Service Excellence
Contract and Supplier KPIs, Metrics, and Analysis
Supplier Relationship Management
Passive Cycle Competence (PO Mgmt., Good/Service receipt, Payment process)
5 years Procurement and Contract Management experience
Solid knowledge of legal and financial requirements to related to contracts
Strong stakeholder management and engagement capabilities
Demonstrated Experience source to contract lifecycle management.
Legal – based upon a general knowledge of law and specialist knowledge of the law of contract. Experience in contract administration and in the advice and settlement of contractual matters, disputes and claims.
Ability to organise the work associated with the project process and to influence others, together with skills of an administration function.
Expertise and Technical Knowledge
Strong leadership but also team player skills in a multi-disciplinary environment
Capacity to think strategically
Excellent project management, analytical, communication, interpersonal, influencing and negotiation skills.