Head of Commercial Contracts

دوام كامل في a Laimoon Verified Company في Saudi Arabia

نُشرت يوم December 25, 2024

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COMPANY OVERVIEWNEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.Are you ready to help NEOM find solutions to the world's most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you!KEY RESPONSIBILITIESCommercial Negotiations:Lead the negotiation of commercial terms for all major contracts, including EPC contracts, ensuring favorable terms and conditions for the organization.Draft, review, and finalize contracts, ensuring that all necessary terms, conditions, and clauses are included and comply with legal and regulatory requirements.Collaborate with internal stakeholders, including legal, deal teams, proponents, and other stakeholders, to develop negotiation strategies and ensure that contracts align with organizational goals and deal-specific objectives.Build and maintain strong relationships with key vendors, contractors, and stakeholders to ensure alignment on commercial objectives and contractual terms.Collaborate with project management teams to ensure all commercial agreements align with project budgets and financial goals.Contract Implementation:Oversee the implementation of contracts, ensuring that all parties adhere to the agreed-upon terms and conditions.Monitor contract performance, including timelines, deliverables, and compliance with payment terms.Manage any changes to contracts, including amendments, extensions, and terminations, ensuring that all modifications are documented and approved.Ensure that commercial terms facilitate the timely and cost-effective delivery of projects, driving operational excellence and value creation.Risk Management, Compliance & Dispute Resolution:Identify and assess potential risks associated with contracts and develop strategies to mitigate these risks.Ensure that all contracts comply with internal policies, industry standards, and relevant laws and regulations.Maintain records of all contracts, including key dates, obligations, and milestones.Conduct market research and analysis to ensure competitive pricing and identify opportunities for cost savings or improved commercial terms.Reporting and Communication:Provide regular updates to senior management and relevant stakeholders on the status of contracts, including any issues or risks.Prepare and present reports on contract performance, highlighting key metrics and areas for improvement.Continuous Improvement:Continuously review and improve the contract management process to enhance efficiency and effectiveness.Stay updated on industry best practices and trends in contract management and implement new strategies as appropriate.BACKGROUND, SKILLS & QUALIFICATIONS15+ years of experience in contract negotiation, drafting, and management, preferably in a corporate or legal environment.Experience in negotiating and managing contracts in industries such as construction, engineering, technology, or finance is highly desirable.Strong negotiation skills with a proven track record of successfully negotiating complex contracts.Excellent understanding of contract law, terms, and conditions.Strong analytical and problem-solving skills, with the ability to assess risks and develop mitigation strategies.Excellent communication and interpersonal skills, with the ability to work collaboratively with internal and external stakeholders.Strong organizational skills and attention to detail.QUALIFICATIONSBachelor's degree in business administration, Law, Contract Management, or a related field.A master's degree or professional certification (e.g., Certified Professional Contract Manager (CPCM)) is a plus.

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