Contracts Principal

Company DescriptionSGS is a world leader in inspection, verification, analysis and certification. It is considered the world's leading benchmark in quality and integrity, we have more than 99,000 employees and a network of more than 2,600 offices and laboratories around the world. We are seeking an experienced Contracts Principle in Oman for leading the strategic development, negotiation, and management for a Mega Oil & Gas project in Oman. Job DescriptionStrategic Contract Management and Oversight:

Develop strategic approaches for contract management, ensuring alignment with organizational objectives, cost-efficiency, and operational effectivenessDevelop business procurement plan to enable efficient and optimal acquisition of goods and services for the company. Formulate comprehensive category strategies, encompassing procurement plans, risk assessments and vendor management strategiesEnsure In-Country Value (ICV) initiatives and Plans including Omanisation, training, local sourcing and other ICV elements are embedded in the assigned Portfolio of Contracts. Lead contracting strategies development for all types of Contracts e. g. EPC, EP+C, LLIs, Reimbursable, Unit Rates etc.

including contract drafting, review, tendering, evaluation, negotiation, and execution processes, ensuring compliance with legal standards and company policiesOversee preparation and review of interim and final payments in conjunction with company budget holders, including field measurements or on-site verification and evaluations of work in progress/carried out on all administered contractsOversee the entire lifecycle of contracts, including monitoring, renewals, amendments, and terminationsVendor Management And RelationshipEnsure identification and analyses of potential vendors, assess proposals, and negotiate terms and conditions for contract services and material procurementLead the tendering process, negotiations, and contract management, ensuring compliance with procurement policies, industry standards and legal regulationsNurture and manage vendor relationships, ensuring adherence to contract terms, SLAs and performance metricsMonitor vendor performance and conduct regular assessments to ensure quality and complianceContract Compliance, Renewal, And Risk ManagementEnsure contracts adhere to legal and regulatory requirements, mitigating risks associated with non-complianceOversee identification and assessment of risks in contracts, developing mitigation strategies and contingency plansDirect the contract renewal processes for contracts, ensuring timely action and compliance with contractual termsResponsible for timely closure of all Audit actions assigned to portfolioNegotiation And Cost OptimizationLead negotiations on contract terms, pricing, and conditions to secure favorable agreementsEnsure cost optimization while maintaining quality and service levels and analyse pricing structures and contract terms for cost-effectivenessPost-Award Contract OversightOversee the maintenance of efficient ‘post award’ financial and quantity survey services, including processing of payment applications, evaluation of variations to contract services, review and settlement of contractual claims and disputes and proper close out of contractsDirect maintenance of quantity surveying procedures within the applicable certified ISO quality assurance systemCost Management, Risk Management And MitigationLead cost value analysis and perform risk and value management and cost control, identifying, analysing and developing responses to commercial risksManage the analysis and optimization of costs associated with contracts, working closely with finance and accounting teams to ensure budget adherenceLead cost-saving initiatives without compromising safety, quality, or operational efficiencyDirect comprehensive risk assessments, identifying potential risks and implementing strategies to mitigate and manage these risks effectivelyEnsure strict adherence to health, safety, and environmental regulations throughout the procurement and operational processes.

Documentation And ReportingEnsure accurate contract records, amendments and correspondence are maintained, ensuring proper documentation, and filingEnsure reports on contract performance, expenditure, compliance, and risk assessment are generated and present the same to stakeholdersCross-Functional Collaboration And Continuous ImprovementCollaborate with legal, finance, ICV, HSE, procurement, and operational teams to align contract terms and ensure complianceEnsure implementation and management of LEAN initiatives in the Contracts pre and post award and quantity surveying processesInterface with clients to understand their needs, negotiate contracts based on requirements and ensure customer satisfactionQualificationsDegree in Business Administration, Law, Contract Management, Supply Chain, or related field10 years of experience in contract management, procurement, vendor management, or related roleStrong expertise in contract law, risk management, and negotiation strategies.

Experience in oil and gas sector in a managerial/leadership capacity