Principal Subcontracts Specialist
1 week ago
**Company Overview**:
People power our future. That is why advancing a dynamic, inclusive environment, where everyone grows and thrives is critically important to 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 offshore platforms hundreds of miles from shore, and using our expertise to design and build offshore wind infrastructure.
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.
Here, what you do matters.
**Job Overview**:
Manage and oversees high-value and complex subcontracting activities. Manage risks and optimize vendor relationship at a strategic level.
**Key Tasks and Responsibilities**:
- Overseeing the entire lifecycle of subcontracts, from negotiations to execution and closure
- Managing subcontractor performance, ensuring compliance with contractual terms and conditions
- Handling changes, claims, disputes, and resolving any issues that arise during the execution
- Leading negotiations with subcontractors to secure favorable terms and conditions
- Drafting reviewing and finalizing subcontracts agreements in line with McDermott objectives and regulatory requirements
- Building and maintaining strong relationships with key subcontractors
- Collaborating with internal teams and subcontractors to ensure alignment on project goals and expectations
- Identifying and mitigating risks associated with subcontracting activities
- Ensuring that subcontractors adhere to compliance requirements, including legal, financial and safety standards.
- Monitoring and controlling subcontract costs to ensure that the work is completed within the budget
- Preparing and presenting reports of subcontractor performance, cost, and compliance to the Senior Management
- Ensuring that all subcontracting activities comply with relevant laws, regulations, and company policies
- Maintain thorough documentation and records for audit purposes
- Providing guidance to junior subcontracts specialist
- Leading cross-functional teams in subcontract
- related projects and initiatives
- Identifying opportunities for process improvements in subcontract management
- Implement best practice to enhance efficiency and effectiveness in subcontracting activities
**Essential Qualifications and Education**:
- 10+ years’ experience in large and complex subcontracting activities
- Extended experience in handling claims and disputes
**Preferred Qualifications and Education**:
- Bachelor’s degree in Business Administration, Supply Chain Management, Finance or Engineering
- Strong negotiations skills, attention to details, and ability to manage complex subcontracts and relationships
LI-RA2
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