Manager, Contracts
Al Balad Development Company
Employer Active
Posted 3 hrs ago
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Experience
5 - 10 Years
Job Location
Education
Bachelor of Technology/Engineering(Electronics/Telecomunication)
Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
About the Role
Contract Drafting & Negotiation
- Manage the drafting, review, and negotiation of procurement contracts, ensuring they align with project requirements and legal standards.
- Collaborate with procurement, legal, and project teams to ensure that contract terms and conditions meet organizational needs while minimizing risk.
- Ensure that all contract clauses are clear, fair, and in compliance with regulatory and business standards.
Contract Administration
- Oversee the implementation of contracts, ensuring all terms and conditions are met by both parties (company and suppliers/vendors).
- Maintain comprehensive records of contract-related documentation, including amendments, renewals, and performance reports.
- Monitor the lifecycle of contracts from inception to completion, ensuring smooth execution and compliance.
Supplier & Vendor Liaison
- Serve as the primary point of contact between suppliers, vendors, and internal teams to ensure contracts are executed in accordance with agreed terms.
- Build and maintain strong, professional relationships with suppliers and contractors to facilitate smooth operations and address any issues that arise.
- Act as a mediator between stakeholders to ensure timely resolution of any concerns related to contract execution.
Risk Identification & Mitigation
- Identify potential risks related to contracts, including performance, legal, financial, and operational risks.
- Develop and implement strategies to mitigate risks throughout the contract lifecycle.
- Collaborate with relevant teams to address risk issues and ensure that contract performance remains on track.
Dispute Management
- Assist in resolving any contractual disputes or issues, coordinating with legal, procurement, and project management teams as needed.
- Negotiate fair and effective solutions to disputes to avoid project delays and maintain supplier relationships.
- Ensure that all dispute resolution actions are documented and comply with company policies and legal requirements.
Compliance Monitoring
- Ensure all contracts comply with legal, regulatory, and organizational standards during execution.
- Monitor compliance with contractual terms and conditions, escalating issues as needed to relevant stakeholders.
- Regularly review and update contracts to ensure compliance with changing laws and regulations.
Performance Tracking
- Monitor supplier and contractor performance against contract terms, ensuring timely delivery and quality compliance.
- Develop and implement performance tracking systems to monitor key performance indicators (KPIs) related to contract execution.
- Report on contract performance to senior management, identifying any performance gaps and suggesting corrective actions
Desired Candidate Profile
- Bachelor s degree in engineering, law, or a related field.
- 5 8 years of total experience in contract management with a solid background in administrating and drafting construction contracts, with at least 5 years in a managerial role overseeing contract execution.
- Experience with Construction Contracts (e.g., FIDIC), supplier/vendor management, and dispute resolution in a project-driven environment.
Company Industry
- NGO
- Social Services
- Community Services
- Non-Profit
Department / Functional Area
- Contract Management
- Estimation
- Tendering
- Quantity Surveying
Keywords
- Manager
- Contracts
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Al Balad Development Company
Al Balad Development Company (BDC), wholly owned by the Public Investment Fund, is the heritage-focused master developer and asset manager of the Jeddah Historical District. Its aim is to provide an authentic experience, build a vibrant and creative community and establish Jeddah Historical District as an economic centre and a global historical destination inspired by Jeddah s ancient heritage and diverse culture. The establishment of the company follows the directive of His Royal Highness the Crown Prince to develop historic Jeddah, which began in 2019. It also contributes to the goals of PIF in realizing the Kingdom's Vision 2030 for Jeddah to be a global destination.
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