Title:Contract AdvisorJob Summary:This role is vital for ensuring that all contractual agreements are legally sound, beneficial for the organization, and aligned with project objectives.Detailed responsibilities and qualifications for a Contracts Advisor supporting Client for GIP Project are provided below.Detailed Responsibilities:Contract Drafting and Negotiation:Draft, review, and negotiate a variety of contracts including service agreements, procurement contracts, and subcontracts.Ensure that all contracts are in compliance with legal requirements and company policies.Contract Administration:Oversee the administration of contracts to ensure compliance with commercial terms and conditions.Manage contract amendments, extensions, and renewals.Change Order Management:Review and process change orders, ensuring they are documented, justified, and approved according to company policies and project requirements.Negotiate change orders with contractors to reach mutually beneficial agreements.Handle claims and disputes related to commercial terms, ensuring they are resolved efficiently and fairly.Prepare documentation and evidence to support claims and counterclaims.Impact Analysis:Assess the impact of proposed changes on project scope, schedule, and budget.Develop strategies to mitigate any negative impacts and ensure changes are implemented smoothly.Vendor and Supplier Management:Ensure commercial terms with vendors and suppliers to ensure favorable conditions for the company.Manage relationships with key suppliers to ensure timely delivery of goods and servicesRisk Assessment and Mitigation:Identify potential risks in contract terms and conditions.Develop strategies to mitigate these risks and ensure that all stakeholders are aware of potential issues.Compliance and Legal Research:Conduct thorough legal research to ensure all contracts comply with relevant laws and regulations.Stay updated on changes in laws and regulations that may affect contract terms.Process Improvement:Continuously evaluate and improve contract management processes.Implement best practices to enhance efficiency and effectiveness in contract management.Reporting and Documentation:Maintain detailed records of all contract negotiations and agreements.Provide regular reports to senior management on contract status, performance, and compliance issues.Detailed Qualifications:Educational Background:A degree in engineering, business administration, or a related field is typically required.Advanced degrees or specialized certifications in contract management or legal studies are advantageous.Professional Experience:Minimum 20 years work experience.Extensive experience in contract management, preferably with EPC, PMC or similar environment.Proven track record of successfully negotiating and managing complex contracts.Skills and Competencies:Strong negotiation and communication skills to effectively manage contract terms and stakeholder relationships.Excellent analytical skills to assess risks and develop mitigation strategies.Proficiency in contract management software and tools.Certifications:Professional certifications such as Certified Professional Contracts Manager (CPCM) or similar are highly beneficial.Continuous professional development to stay updated on industry best practices and legal requirements.Additional Responsibilities :Project Coordination: Work closely with project managers to ensure that contract terms align with project goals and timelines.Quality Assurance: Ensure that all contractual deliveries meet the required quality standards.Financial Oversight: Monitor contract budgets and ensure that financial terms are adhered to.Work Environment:The work locations will be either at Client Office, EPC Contractor’s office or at Site location within KSA