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Contracts Director

1.00 to 10.00 Years   Riyadh, Saudi Arabia   26 Mar, 2024
Job LocationRiyadh, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryConstruction & Building
Functional AreaNot Mentioned

Job Description

We are seeking a highly skilled and experienced Contracts Director to join our team. The Contracts Director will be responsible for overseeing all aspects of contract administration, creation, and review within the organization. The successful candidate will play a critical role in ensuring that contractual agreements are effectively managed to mitigate risks and maximize value for the company.Client DetailsOne of the leading construction companies in the region with diversified portfolio of projects across different asset classes.DescriptionContract Administration:Develop and implement processes and procedures for contract management and administration in accordance with company policies and best practices.Oversee the entire contract lifecycle, from initial negotiation through contract execution, performance, and closeout.Monitor compliance with contractual obligations and deadlines, ensuring timely delivery of services and deliverables.Maintain accurate and up-to-date contract records, including documentation of changes, amendments, and extensions.Contract Creation and Review:Lead the creation, negotiation, and review of contracts, including construction agreements, subcontractor agreements, vendor contracts, and other legal documents.Collaborate with internal stakeholders, including project managers, legal counsel, and finance teams, to draft contracts that accurately reflect the scope, terms, and conditions of the agreement.Conduct thorough reviews of contract terms and conditions to identify risks, assess potential liabilities, and propose appropriate modifications or amendments.Ensure that contracts comply with regulatory requirements, industry standards, and company policies.Risk Management:Identify and assess contractual risks, including legal, financial, and operational risks, and develop strategies to mitigate exposure.Advise senior management on contractual matters, providing guidance and recommendations to support informed decision-making.Work closely with legal counsel to address complex legal issues and disputes related to contracts, seeking resolution in a timely and cost-effective manner.Vendor and Supplier Management:Establish and maintain productive relationships with vendors, subcontractors, and suppliers, fostering collaboration and communication throughout the contract lifecycle.Evaluate vendor performance and compliance with contract terms, addressing any issues or discrepancies as needed.Negotiate favorable terms and pricing with vendors to optimize cost savings and value for the company.ProfileMust Have - Good knowledge of the Arabic languageBachelors degree in business administration, contract management, legal studies, or a related field. Advanced degree (e.g., JD, MBA) preferred.Proven experience 15 years in contract administration, drafting agreements, and reviewing, preferably in the construction industry or a related field.Strong understanding of contract law, legal terminology, and contractual principles.Excellent negotiation, communication, and interpersonal skills, with the ability to build consensus and resolve conflicts.Detail-oriented with exceptional analytical and problem-solving abilities.Job OfferOpportunity to work on large scale projects with major companies in Real EstateWork alongside a team of world class construction professionals

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