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McDermott

Senior Contract Management Spec

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McDermott

Engineering and construction solutions to the energy industry

Manage EPC/EPCI contracts, claims and commercial aspects for large-scale projects.
13 days ago ago
Intermediate (4-7 years)
Full Time
Gurgaon IN | Gurgaon, Haryana, India
Office Full-Time
Company Size
30,000+ Employees
Service Specialisms
Construction
Engineering
Project Management
Consulting
Sector Specialisms
Wind
Hydrogen
Solar
Carbon Capture
Oil
Gas
Role

Description

contract management
lessons learned
client billing
progress reporting
risk matrix
contract negotiation
  • Develop Lessons Learned for bid submissions and the bid process for wider cascade to the business via the Estimating and Proposals Managers and required close out actions if any
  • Assist and ensure the preparation of Post Contract AwardContract Management Set Up Schedule – 30 DaysProject Contract SummaryInternal Contracts Kick Off MeetingPrime Contracts Management Plan/Commercial Management Plan/Opportunities (Project Profit Maximization Plan)Project Execution Plans and Functional ProceduresContract Notices and Deliverables MatrixContract and Commercial Awareness WorkshopContractual AlignmentContract Records Management/DocumentationClient BillingInsurance certificationLetters of Credit, Bonds, Payment Guarantees, Parent Company GuaranteeFlow Down Provisions for Procurement and Subcontract ManagementMonthly Review Contracts/Commercial Management PlanPMR Attendance/Monthly Project Functional Meetings/Monthly Legal MeetingContracts Awareness and Training Monthly SessionsContract Change NoticesContractual LettersContract MilestonesContract Schedule ChangesCustomer Contractual CorrespondenceFabrication Progress Reports / Construction Progress Reports / Vessel Progress ReportsProject Opportunity and Risk MatricesClose out of Client BillingClose out of Insurance
  • Customer Correspondence/Review/Distribute/Ensure close out
  • Ensure inputs are received from all functions in relation to any Contractual Matters
  • Flow Down Provisions for Procurement and Subcontract Management
  • Coordinate:Bonds/Performance/Parent Company GuaranteesInsurance CertificatesEnsure inputs are received from all functions in relation to any Contractual MattersCustomer Correspondence/Review/Distribute/Ensure close outCoordination of Lessons Learned for future bid submissions
  • Monthly Review Contracts/Commercial Management Plan
  • Support non legal qualifications to the Contract as part of the bid submission, alignment of terms and conditions with project documentation such as scope, execution strategy, schedule, administration, etc. and identification of any relevant lessons learned from historical projects
  • Support in PROM Activities
  • Assist and ensure the preparation of Pre-Contract Award:Support non legal qualifications to the Contract as part of the bid submission, alignment of terms and conditions with project documentation such as scope, execution strategy, schedule, administration, etc. and identification of any relevant lessons learned from historical projectsSupport in PROM ActivitiesSupport in Customer Contract Negotiations as required
  • PMR Attendance/Monthly Project Functional Meetings/Monthly Legal Meeting
  • Close out of Client Billing
  • Contract Management Set Up Schedule – 30 Days
  • Coordination of Lessons Learned for future bid submissions
  • Interface with all functions including but not limited to Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer/Client
  • Organize and chair Commercial Management meetings and ensure sufficient challenge of growth/change opportunities with Customer for Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer/Client
  • Support in Customer Contract Negotiations as required

Requirements

bachelor's
5+ yrs
contract analysis
ms office
epc/epci
negotiation
  • Typically requires a bachelor’s degree in a relevant discipline such as Engineering, legal, Commercial or Quantity Surveying and 5 years of functional experience + 2 years of experience in Contracts Management
  • Ability to analyze complex contract requirements and identify potential risks
  • Excellent verbal and written communication skills, enabling effective collaboration with diverse stakeholders
  • Insurance certification
  • Contract Notices and Deliverables Matrix
  • Ability to work under pressure, multitask, and meet tight deadlines
  • Detail-oriented with strong organizational and time management skills
  • Proficient in using contract management software and MS Office Suite
  • In-depth knowledge of EPC/EPCI project lifecycles, including design, procurement, construction, and installation phases
  • Strong negotiation skills with a focus on achieving mutually beneficial outcomes
  • Is able to build rapport with and gains respect from employees with varied experience and background · Familiarity with industry-specific terminologies, contracts, and standards
  • Proven experience in contract management within the Engineering Procurement Construction and Installation (EPC/EPCI) industry, in the areas of Energy Transition, Onshore, or Offshore or Subsea and Floating Facilities (FPSO/FPU)

Benefits

  • Prime Contracts Management Plan/Commercial Management Plan/Opportunities (Project Profit Maximization Plan)
  • Insurance Certificates
  • Contract and Commercial Awareness Workshop
  • Letters of Credit, Bonds, Payment Guarantees, Parent Company Guarantee
  • Close out of Insurance

Training + Development

Information not given or found
Company

Overview

Founded 1923
Year Established
The company was established in 1923, marking the beginning of its journey in the energy sector.
30,000 Employees
Workforce Size
Employing over 30,000 people, the company has a significant global presence.
54 Countries
Global Presence
The company operates in over 54 countries, showcasing its extensive international reach.
1930s Innovation
Technological Advancements
Pioneered the use of floating drilling equipment, setting a precedent for future innovations.
  • Provides a comprehensive range of services including engineering, procurement, construction, and installation (EPCI) for both offshore and onshore projects.
  • Expertise encompasses the delivery of fixed, floating, and subsea production facilities, pipelines, and storage systems, from concept to commissioning.
  • Known for diverse product lines and innovative solutions across the oil and gas sector, including offshore and subsea production, onshore construction, engineering, and storage.
  • Developed the first steel template platform in the Gulf of Mexico in the 1940s, expanding its capabilities through strategic acquisitions and technological advancements.

Culture + Values

  • emphasizes a culture deeply rooted in core values: integrity, teamwork, commitment, well-being, and a drive to go beyond expectations
  • fosters a collaborative environment where employees are encouraged to work as part of a cohesive team, regardless of their location or function, under the guiding principle of "The One McDermott Way"
  • approach ensures all employees contribute to delivering innovative and complete solutions to complex engineering challenges, thereby enabling customers to maximize the potential of natural resources

Environment + Sustainability

  • Their strategy focuses on enhancing operational efficiencies through the expanded adoption of renewable energy, including onsite solar power generation and the use of digital technologies.
  • McDermott has made significant strides in low-carbon projects, particularly in offshore wind generation and liquefied natural gas (LNG) production, aiming to scale up production while minimizing environmental impact.
  • The company has also partnered with various organizations to explore low-carbon pathways, such as hydrogen production and carbon capture utilization and storage.
  • In addition to these initiatives, McDermott's sustainability efforts include industry-leading safety performance and local content programs that have positively impacted host countries, receiving national recognition in Uganda.
  • The company's sustainability report is prepared in accordance with international frameworks and best practices, including the Global Reporting Initiative Standards and the United Nations Sustainable Development Goals, demonstrating their commitment to transparency and accountability in their environmental and sustainability practices.

Inclusion & Diversity

46.2% Leadership Diverse
Diverse Leadership Percentage
The firm reports that 46.2% of their leadership is diverse.
  • McDermott's inclusion and diversity strategy is integral to its organizational framework, emphasizing the importance of diverse perspectives and experiences in driving success. The firm actively promotes initiatives fostering an inclusive workplace through a JDEI Committee working at the highest levels of management to ensure equitable access to client development and career advancement.
  • They have developed educational programming and best practices to create a culture of belonging. Their diversity strategy is structured around subcommittees focusing on race, ethnicity, gender, and LGBTQ+ inclusion.
  • McDermott hosts networking opportunities for women and sponsors events like the Women in FinTech series and She Loves Tech conference, reflecting their commitment to inclusion and employee satisfaction.
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Senior Contract Management Spec at McDermott in Gurgaon IN | Gurgaon, Haryana, India