Summary
Dar Al Riyadh is seeking a Contract Administrator in Riyadh to support the preparation, review, negotiation, and administration of procurement, service, and subcontractor agreements. The role involves monitoring contract performance and compliance, maintaining contract records, supporting claims and amendments, and preparing status and risk reports. It also works with project, procurement, finance, and legal stakeholders and contributes to RFPs, vendor evaluation, and contract management processes. Applicants need a bachelor’s degree in business administration, contract management, or a related field, at least 12 years of relevant experience, and knowledge of contract law and contract management software.
The posting
As published on daralriyadh.com. Pulled from the employer's site and shown as they wrote it.
Responsibilities:
- Assist in the preparation, review, and administration of various types of contracts, including procurement contracts, service agreements, and subcontractor agreements
- Coordinate contract negotiations and revisions with vendors, suppliers, and subcontractors to ensure alignment with project requirements and company standards
- Support the development of contract terms and conditions, pricing structures, and performance metrics to meet project objectives
- Maintain accurate and up-to-date contract documentation, including contract files, amendments, and correspondence
- Monitor contract performance and compliance throughout the contract lifecycle, identifying potential issues and proposing solutions
- Collaborate with project managers and stakeholders to address contract-related queries, disputes, and changes in scope
- Assist in the evaluation of vendor performance, delivery schedules, and quality standards to assess compliance with contractual requirements
- Support the resolution of contract disputes, claims, and discrepancies in coordination with legal counsel and senior management
- Contribute to the development and implementation of contract management processes, templates, and guidelines to enhance efficiency and consistency
- Prepare reports and summaries on contract status, milestones, and risks for internal review and decision-making
- Assist in the development and implementation of contract management strategies to streamline processes, enhance efficiency, and minimize risk
- Participate in the preparation of request for proposals (RFPs), bid documents, and other procurement-related materials
- Engage in market research and analysis to support the evaluation of potential vendors and suppliers
- Collaborate with the finance and accounting teams to ensure timely and accurate processing of payments, invoices, and financial reporting related to contracts
- Provide support in the preparation and submission of contract deliverables, reports, and compliance documentation to clients and regulatory authorities
- Facilitate training sessions and workshops for project teams to enhance their understanding of contract management principles and procedures
- Support in the development and maintenance of a contract database or repository for easy retrieval of contract-related information and documents
- Contribute to the review and analysis of contract performance metrics, identifying trends, issues, and opportunities for improvement
- Assist in the development of contract amendments, modifications, and extensions as required to meet project objectives
- Act as a point of contact for internal and external stakeholders for inquiries related to contract terms, conditions, and obligations
Essential Requirements:
- Bachelor's degree in business administration, contract management, or a related field
- Minimum of 12 years of experience in contract administration, procurement, or related roles
- Solid understanding of contract law, principles, and best practices
- Proficiency in contract management software and tools
- Strong analytical, communication, and organizational skills
- Ability to work collaboratively in a team environment and manage multiple priorities simultaneously
- Knowledge of project management concepts and processes is a plus