Contracts Administrator

Recruiter
Parsons International Limited
Location
Riyadh, Saudi Arabia
Salary
Competitive salary
Posted
21 Oct 2019
Closes
19 Nov 2019
Ref
4099792
Job role
Accountant
Parsons extensive experience combined with your finance management skills, including drafting contracts, and identifying potential conflicts. At this level you will monitor and administer the business provisions of prime contracts to ensure compliance with contractual terms and conditions. In this role, you perform contract administration assignments for all phases of the most demanding contractual undertakings. Our Contract Administrators typically handles contract negotiations of projects with constructed values in the $100 to $500 million range, with clients in the private and public sectors of both domestic and foreign markets. You’ll understand and apply a thorough knowledge of the principles governing the business terms and conditions of contracts being negotiated.

Responsibilities:
Reviews client contracts to identify risks and to ensure conformity to Company policy.
Drafts contracts for large engineering/construction management projects.
Proposes alternative text/clauses to client contracts, as appropriate for the Company business.
Ensures that the contract is thoroughly reviewed for legal, risk management, tax, and accounting issues prior to submitting to management for approval.
Participates as a member of the negotiating team, consisting of business development and project management personnel, for establishing business terms and contract conditions.
Monitors and administers the business provisions of prime contracts to ensure compliance with contractual terms and conditions.
Advises the Contracts Manager regarding scope, financial, and risk issues of prime contracts.
May be responsible for overseeing a significant portion of the contract administration activities within designated Company wide market areas.
Solves significant prime contract problems, taking independent action as prescribed by project procedures.
Provides guidance and direction to lower level Contract Administrators, as appropriate.
Performs other responsibilities associated with this position as may be appropriate.

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