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Jeddah , Saudi Arabia
Posted 2020/02/24 15:15:12
Expires 2020-03-25
Ref: JB4152997
Job Description
- Analyze costs, direct labor hours, overhead rates, proposed bills of material and equipment, and estimated profits for the purposes of determining price reasonableness, identifying questionable areas in order to assist in establishing the target objectives, and making strong recommendations for negotiation.
- Collaborate with Sourcing & Contract Manager and internal business partners to develop contracting strategies aimed at identification of cost reduction opportunities, contractual risk mitigation, and rationalization of the supply base.
- Participate in the pricing and contract negotiations with vendors to ensure minimum risk, whilst ensuring NOMAC receives superior commercial and contractual terms.
- Prepare contract documents, using company-approved template agreement including Non-Disclosure Agreements, Master Agreements, Statements of Work, Service Level Agreements, and Amendments, to ensure compliance with NOMAC’s contracting guidelines.
- Interpret and evaluate terms and conditions of the Contract Documents from commercial, technical, financial and legal point of view and ensure the contracts / any changes suggested by the suppliers are vetted by the Legal department prior to finalizing the agreements.
- Manage the contract approval process by obtaining required approvals prior to execution, according to company policy.
Skills
- Understanding of the ERP system
- Team management skills
- Working knowledge of contract management methodologies/concepts.
- Recognition of advanced contractual risk elements and ability to effectively communicate such risks to relevant business partners.
- Strong interpersonal, written, and verbal communications skills.
- Strong market knowledge on suppliers and their capabilities.
Job Details
Job Location
Jeddah , Saudi Arabia
Job Role
Legal
Joining Date
2020-03-30
Employment Type
Employee
Manages Others
Yes
Number of Vacancies
1
Preferred Candidate
Career Level
Mid Career
Years of Experience
Min: 5 Max: 7