Larsen & Toubro
Location
Mumbai | India
Job description
About Company: L&T is a technology, engineering, manufacturing, construction, and financial services conglomerate. The L&T Groups consolidated turnover exceeds USD 23 billion. It is engaged in key sectors of the economy infrastructure, hydrocarbon, power, defense, aerospace, construction, shipbuilding, electrical & automation, mining, and metallurgy.
L&Ts integrated capabilities span the entire spectrum of design-to-deliver, and it offers turnkey EPC solutions in its major business lines. Its track record covers products, projects and processes executed to international benchmarks. Every aspect of L&Ts businesses is characterized by professionalism and high standards of corporate governance. Sustainability is embedded into its long-term strategy for growth. The Company has a global presence, with manufacturing facilities in seven countries besides India. In addition to a nationwide domestic network, L&T has several international offices and a supply chain that extends across the globe. L&T Energy Hydrocarbon (LTEH) delivers design-to-build world-class solutions in the Engineering Procurement, Construction, Installation & Commissioning space for the oil and gas sector. Its capabilities include in-house engineering, R&D centers, offshore installation, world-class modular fabrication, experienced and competent project execution, and a safety-oriented work culture. Geographical Spread: Major work centers in India are located at Mumbai (Powai), Chennai, Bangalore, yards at Hazira near Vadodara and Kattupalli, near Chennai. Internationally, the Company has a presence in key markets through fabrication facilities in Oman (Sohar), project execution capabilities in Qatar (Doha) and Saudi Arabia (Al-Khobar). Job Location : Mumbai Purpose of Role Ensure adherence to established strong contracts management system with objective of protecting company’s interest in line with rules / regulations. Job Responsibilities Ensure adherence to established contracts management procedures Review and analyse tender documents from commercial and contractual point of view (Salient conditions, list of clarifications, exceptions and deviations, risk identification and assessment) Prepare proposed risk mitigation plan from contractual point of view Analyse reasons for delays and disruptions, identify client related reasons and issue notification and change orders to the client in consultation with the Project Manager Effectively lead the contract management team Ensure updated SOPs and compliance Shared cross-functionally Support Project Manager in all contractual discussions with the client Develop understanding of internal working of owner/ client’s project management and other departments (like Legal, Finance, Operations) to ensure effective discussion/ resolution of contractual claims/support any litigation we are involved in Identify insurance requirements for the project, monitor renewal and closure of insurance policies Provide inputs on local tax laws, IMPEX, INCOTERMS, FIDIC etc. to the Project Manager Obtain validation on legal review from Legal function Participate in pre-bid meetings and negotiations with client, seek commercial clarifications Support project team on contract administration throughout the project lifecycle (change orders, scope extensions) Provide inputs to Project Manager to prioritize change orders and build basis for negotiation with the client Provide inputs to enable procurement and construction, formulate ‘back-to-back’ T&C for inclusion in agreements with subcontractors/ vendors Education BE/B Tech/M Tech – Any Discipline Additional – Master’s Degree in Management/ Law Professional Experience 15 years’ experience in EPC Oil & Gas (Offshore) of which at least 5 years as Contracts head in handling multiple projects (offshore) Key Competencies – Functional Must Have: Experience of Project Structuring & Legal Documentation Good working knowledge of Direct/ Indirect Taxation Handled Insurance Claims Experience of Claims Management Nice to Have: Part of Risk Management Process Key Competencies – Behavioural Must Have: Strong Negotiation & Interpersonal Skills Develops direction & structure for the team Models’ commitment & customer orientation. Nice to Have: Building PartnershipJob tags
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