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Sr Contract Specialist

Sr Contract Specialist

Babcock Powerchennai, India
16 hours ago
Job description

Position Summary

Babcock Power is a global leader in providing innovative, high quality steam generation and energy-related products and services to the power generation and processing industries. We are an organization comprised of complementary, strategically assembled business units, each with its own specialized technology and skills; its own extensive experience and knowledge base; and its own rich history of creating advanced engineering solutions.

Job Summary

The Senior Contract Specialist supports and reports to the Head - Legal for Babcock Power APAC Private Ltd. (“BPAPAC”) based out of Chennai

Essential Responsibilities :

  • Review, negotiate, and draft terms and conditions for agreements with customers and others to ensure adequate protection and a reasonable risk allocation in compliance with corporate risk standards.
  • Review and coordinate customer purchase orders.
  • Coordinate requests for letters of credit and bank guarantees with the Finance Department for BP APAC and other company personnel.
  • Coordinate insurance matters with the Corporate Risk Manager including claims and certificates of insurance.
  • Review certificates of insurance and insurance policies received from vendors.
  • Prepare written consents and other corporate governance documentation as directed.
  • Perform compliance due diligence and coordinate efforts with corporate compliance counsel.
  • Perform legal research as directed.
  • Track and coordinate responses to customer compliance requirements through third party software programs.
  • Provide administrative support to the Legal Department including the following, uploading agreements and purchase orders to ContractPodAI.

Job Requirements / Skills, Knowledge and Abilities :

  • Extensive knowledge and understanding of various commercial terms and conditions, including legal and commercial implications.
  • Working knowledge of power generation industry and / or construction industry practices and legal standards.
  • Able to effectively prioritize tasks and maintain superior attention to detail and quality.
  • Able to communicate effectively by written and verbal means.
  • Able to work well independently and work effectively in a group setting.
  • Be proactive and take ownership of job responsibilities.
  • Appreciation of and professional maturity to maintain confidentiality of sensitive company information.
  • Education

  • Bachelor’s degree in law from a reputed law school is preferred. Company can also consider candidates in a relevant field like engineering, business, finance, or management having suitable experience in contracting and contract management.
  • Minimum of 9 years of experience in contracting and contract administration involving legal issues and negotiation.
  • The ideal candidate will possess experience in the power generation / manufacturing / oil & gas industries.
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    Contract Specialist • chennai, India

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