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McDermott International

Principal Subcontracts Specialist

Posted 8 Days Ago
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In-Office
Chennai, Tamil Nadu, IND
Senior level
In-Office
Chennai, Tamil Nadu, IND
Senior level
The Principal Subcontracts Specialist evaluates proposals, administers subcontract functions, manages subcontracting strategies, and leads subcontract management efforts in the Oil & Gas industry.
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Job Overview:

The Principal Subcontracts Specialist interprets internal or external business issues and recommends best practices. They will be tasked with solving complex subcontract-related problems and will work independently with minimal guidance. The Principal Subcontracts Specialist may lead functional teams or projects and is regarded as a subcontract specialist. As such, they must have in-depth expertise in subcontracts and broad knowledge of the subcontracts discipline within the subcontracts function.

Responsibilities

Key Tasks and Responsibilities:

  • Evaluate and recommend proposals by understanding rates, cost structure estimates of material, equipment services, production cost, performance requirements and delivery schedules
  • Administer Subcontract functions for a project and bid
  • Participate in or lead subcontract management strategy development and implementation
  • Guide on subcontract management matters to site leadership and home office personnel
  • Prepare and present internal and external subcontract management presentations
  • Manage and explain contracting policies and procedures to requestors on respective projects
  • Review standard subcontracts to ensure compliance with the contracting policy before execution
  • Direct development of subcontracts and processes
  • Ensure proper handling of subcontracts, support documentation, and related files  
  • Participate in internal self-audits of the subcontracting process
  • Development of procedures as required
  • Prepare subcontracting activity reports
  • Maintain direct liaison with filed Subcontract Coordinators to ensure proper administration  
  • Preparation of Project specific flow-downs from the project’s prime contract
  • Understand and comply with the project sourcing strategy
  • May be appointed the key Super User with additional system responsibilities
  • Support the resolution of subcontract-related issues
  • More than just routing emails, the role will get involved to investigate the cause and address problems on a project
  • Support the subcontractor performance review and closeout process
Qualifications

Essential Qualifications and Education:

  • Bachelor’s Degree (or equivalent) in Engineering, Supply Chain Management (or a relevant discipline)
  • 8-12 years of relevant experience
  • Minimum 6 years of Subcontracts experience in the Oil & Gas industry  
  • Must have Field experience  
  • Strong knowledge of subcontract policies and processes
  • Proven ability to develop, negotiate, and administer complex subcontracts and related policies  
  • Demonstrate effectiveness in prioritizing multiple tasks, monitoring progress, and managing efforts to meet deadlines
  • Demonstrate effectiveness in working with others in a multifunctional team  
  • Demonstrate ability to ensure compliance with subcontracts and policies  
  • Experience with the bid process and bid evaluations 

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