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Commercial and Contract Manager
2 months ago
Job Summary:
We are seeking a highly skilled Contract and Commercial Manager to join our Smart Infrastructure RSS Business Unit at Siemens. As a key member of our team, you will be responsible for overseeing all aspects of contract management, ensuring compliance with contractual obligations, and mitigating contractual risks.
Key Responsibilities:
- Contract Management:
- Oversee all aspects of contract management, including drafting, reviewing, and negotiating contracts with vendors, suppliers, and subcontractors.
- Ensure compliance with contractual obligations, deadlines, and regulations.
- Mitigate contractual risks and disputes effectively.
- Advise and support sales & project management personnel in contractual and commercial matters, representing Siemens' interests.
- Identify opportunities for margin improvement and recovery with customers and contractors.
- Ensure alignment of claim strategies across sites and projects.
- Collaborate with the legal department on legal matters, including Litigation / Arbitration for past/ongoing projects.
- Drafting & reviewing of Contractual Letters for Customers and Vendors
- Reviewing of NDAs, Teaming Agreements, MOU
- Maintain strong verbal and written communication skills.
- Effectively communicate with internal teams, stakeholders, and external partners.
- Manage customer expectations and maintain positive relationships
- Foster a collaborative and proactive approach among all project stakeholders.
- Risk Management:
- Develop and implement risk management strategies and processes for the projects.
- Conduct risk assessments to identify potential threats or vulnerabilities.
- Facilitate risk management workshops and lead mitigation efforts independently
- Monitor and report on the status of project risks to stakeholders.
- Commercial Sales Management:
- Lead sales / project initiation phase as Commercial Sales Manager
- Reviewing and approving cost sheets and offers including reviewing and correcting (if required) contractual terms and conditions
- Ensures compliance with LoA guidelines incl. risk management process
- Identifies, assesses, responds, monitors, reports, escalates all commercial risks, e.g. calculation, tax, insurances, currency in the bid phase
- Ensures compliance with relevant tax regulations, e.g. PATAC, NCM, PE management, if applicable
- Ensures the compliance with export control regulations
- Ensures the compliance with hedging/currency regulations
- Ensures an adequate handover phase to Execution Team, analyzes customers' requirements, examines their commercial and contractual feasibility and transferability
- Ensures the adherence to internal controls (RIC)
- Ensures the accuracy of cost and pricing calculation as well as overall project books and records, incl. recording of such in appropriate systems, e.g. SAP
- Ensure adherence of contracts to Book & Record regulation before booking of Order Intake in appropriate systems, e.g. SAP including proper documentation (eg Damex, calculation etc)
- Ensures compliance to Orca tool regulation
- Ensures the application and the continuously managing of financial Guarantees, Bonds, Project securities and insurance
- Point of focus for Sales Push/ Project Promotion with HQ Team
- Registration of Customers in internal systems (PEGA tool)
- Signatory Mandate - Matrix update in line with internal guidelines
Requirements:
- Education and Certification:
- Bachelor's degree in Business, Finance, Engineering, or equivalent. MBA is an advantage.
- Professional Experience:
- Proven experience in construction contracts
- Experience in Middle East region, mainly in Qatar and Saudi Arabia
- Demonstrated experience in project contract management.
- Demonstrated experience in project risk management.
- > 10 years professional experience on large EPC project
- > 4 years professional experience as site contract manager of large or medium size EPC projects
- > 3 years professional experience in execution of time & material contracts of > 5 M USD volume.
- Key Skills and knowledge:
- Contract Management: Expertise in drafting, negotiating, and ensuring compliance with contracts.
- Risk Assessment: Ability to identify, analyze, and mitigate risks associated with contracts and projects.
- Negotiation: Strong negotiation skills to secure favorable terms while maintaining relationships.
- Legal Knowledge: Understanding of relevant laws, regulations, and industry standards.
- Financial Acumen: Skill in assessing financial implications and conducting cost-benefit analysis.
- Communication: Clear and effective communication with stakeholders, both verbally and in writing.
- Problem-Solving: Ability to address contract-related issues and risks proactively.
- Analytical Skills: Strong analytical capabilities for contract and risk evaluation.
- Project Management: Integration of contract and risk management into project planning and execution.
- Attention to Detail: Thoroughness in reviewing contracts and risk assessments.
- Conflict Resolution: Skill in managing conflicts related to contracts and risks.
- Compliance Management: Ensuring adherence to contractual obligations and regulatory standards.
- Strategic Thinking: Development and implementation of long-term management strategies.