Urwah Admin

Hofincons Group

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<p>May, 2024</p>
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<h4 class="jobSectionHeader"><b>Experience:</b></h4>
<p>05 years</p>
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<h4 class="jobSectionHeader"><b>Education:</b></h4>
<p>Graduation (Business or Finance)</p>
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<h4 class="jobSectionHeader"><b>Job type:</b></h4>
<p>Full time</p>
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<h4 class="jobSectionHeader"><b>Location:</b></h4>
<p>Al Khobar, Saudi Arabia</p>
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<h4 class="jobSectionHeader"><b>Responsibilities and skills:</b></h4>
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<li>Understand the contract terms, conditions and responsibilities of the parties involved.</li>
<li>Understand the scope of the work, work deliverables &amp; payment terms and other implications (like manpower requirements, bank guarantees, retentions, VAT, tax, visa, localization &amp; others) of the contract.</li>
<li>Evaluate contract terms and conditions to identify potential risks and propose mitigation strategies to protect the organization’s interests.</li>
<li>Collaborate with internal teams and external stakeholders to negotiate favorable terms, ensuring that contracts are mutually beneficial.</li>
<li>Review &amp; follow up with respective teams to mobilize manpower &amp; kick start the new projects as per the contract terms.</li>
<li>Monitor and track contract performance, including deadlines, deliverables, and obligations, and facilitate necessary changes or amendments wherever required.</li>
<li>Understand the complete work approval &amp; Invoicing process.</li>
<li>Review the status of completion of work for each project based on its scope (monthly progress, number of tags, specified activities/areas etc.,).</li>
<li>Review the status of invoicing regularly to make sure on time submission of invoices to clients.</li>
<li>Monitor invoicing for each project as per the plans set by the management and review &amp; identify the gaps to take necessary steps to resolve the issues by taking required support from other teams.</li>
<li>Follow up with clients to get the payments against the invoices submitted to meet the cash flow requirements.</li>
<li>Maintain accurate records of all contracts, correspondence, and negotiations. Safe custody of original contracts, PO and other documents.</li>
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<li>Regular reporting to the management on the below:</li>
<li><i>Status of all ongoing projects</i></li>
<li><i>Status of productivity as per the project plans and variance reports</i></li>
<li><i>Status of work completed and invoicing</i></li>
<li><i>Pending invoicing details with reasons and planned actions to resolve the issues</i></li>
<li><i>Proactive steps to avoid re-occurrence of the past issues</i></li>
<li><i>Receivables status with reasons in the delay of the receipts</i></li>
<li><i>Other reports as per management instructions</i></li>
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<li>Strong understanding of contract law, legal terminology, and industry-specific regulations.</li>
<li>Excellent organizational and time-management abilities</li>
<li>Excellent negotiation and communication skills, both written and verbal</li>
<li>Problem solving ability</li>
<li>Accuracy, Flexibility &amp; Reliability</li>
<li>Independent thinking and decision-making ability</li>
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<h4 class="jobSectionHeader"><b>Requirements:</b></h4>
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<li>Bachelor’s degree in business, marketing, finance, law or a related field.</li>
<li>5 years of relevant experience.</li>
<li>Must agree to serve a minimum of 2 years with the company.</li>
<li>Strong analytical and problem-solving skills.</li>
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<h4 class="jobSectionHeader"><b>Preferred qualifications:</b></h4>
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<li>The candidate should be a graduate, having a minimum 5 years’ experience, proficient in both written and verbal communication.</li>
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<p></p><br/>This job has been sourced from an external job board. <br/>More jobs on https://www.qureos.com/

Contract Manager

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