CONTRACT & PROCUREMENT EXECUTIVE

Job Description Contract Management: Draft, review, and negotiate contracts and subcontracts with suppliers, contractors, and service providers. Monitor contract compliance, identifying and mitigating risks. Maintain a repository of all contracts and related documentation. Oversee contract closeout, extension, or renewal as appropriate. Collaborate with legal counsel on complex contractual issues and ensure all contracts meet company and regulatory standards. Procurement: Develop and implement sourcing strategies to ensure cost-effective procurement of materials and services. Identify and evaluate suppliers, negotiate pricing, and establish terms and conditions. Manage relationships with key suppliers and vendors, ensuring timely delivery and quality standards. Conduct market research to stay informed about material availability, price trends, and industry changes. Coordinate with project teams to forecast procurement needs and ensure timely purchasing aligned with project timelines. Provide purchase orders for project needs. Cost Control and Budgeting: Assist in preparing project budgets and monitoring spending to ensure alignment with the budget. Identify cost-saving opportunities without compromising project quality and timelines. Quality Assurance and Compliance: Ensure procurement and contract practices comply with company policies, industry regulations, and QSHE standards. Conduct regular audits of procurement processes and contracts.