Associate Contract Manager

Posted 21 Hours Ago
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Post Office, Fatepura, Dahod, Gujarat
1-3 Years Experience
Fintech • Information Technology • Logistics
The Role
The Associate Contract Manager at Hitachi Energy is responsible for managing contract life cycles, supporting commercial contract negotiations, claim management, and ensuring compliance with contract methodologies. The role includes risk assessment, communication with stakeholders, and collaboration with legal teams during dispute resolutions and project execution.
Summary Generated by Built In

Location:

Chennai, Tamil Nadu, India

Job ID:

R0058615

Date Posted:

2024-08-29

Company Name:

HITACHI ENERGY TECHNOLOGY SERVICES PRIVATE LIMITED

Profession (Job Category):

Sales, Marketing & Product Management

Job Schedule: 

Full time

Remote:

No

Job Description:

Business information:

“The Hitachi Energy Indian Operations Center (INOPC) is a competence center with around 2600+ skilled engineers who focus on tendering, engineering, planning, procurement, project Management, functional system testing, installation supervision, documentation and commissioning.”

Your responsibility:

  • Buildup of contract life cycle management and harmonizing terms and conditions across HV Australia to the best extent possible.

  • Review and support M&S in reviewing, commenting, preparation and negotiation of commercial contracts for both external and internal parties and participate in RR to support local tendering units in HV.

  • Build Up Claim Management process and guidelines and support local units to defend external claims.

  • Support the Contract Management function in ensuring that contract and claim management methodologies are applied in accordance with internal standard procedures and best practice.

  • Support in Presenting contract information to internal and external stakeholders in an effective and clear manner.

  • Liaise and escalate to legal as required to ensure legal risks are managed for the contract. Build and maintain relationships with vendors, customers and other business connections during the negotiation and contract execution process.

  • Identify the contract baseline (including terms and conditions, specifications, drawings, estimate, proposal, schedule, and other documents incorporated in the contract) and highlight areas of potential risk.

  • Assess the success of the contract and determine if there are any lessons learned for future contracting.

  • Document and communicate to all appropriate parties any deficiencies found as part of the closeout process.

  •  Establish and enforce standard change methodologies in portfolio of contracts to identify changes and quantify the additional time and compensation due to Hitachi Energy under the contract, define approval requirements and communicates changes to the customer.

  • Support and guide the Projects Execution team to enforce and defend Hitachi Energy's contractual interests during the the project life cycle, including monitoring and assessment of changes and deviations, as well as defending and enforcing claims. In concert with Legal, develops the negotiation strategy and supports negotiations.

  • Supports Legal handling formal dispute resolution, litigation and arbitration.

  • Notifies and liaises with Legal to report major claims and keeps Legal updated of any critical development during project execution.

  • Build up and deploy ERM, Risk Review and Project Risk management processes and tools for early identification and mitigation and risk.

  • Provide support during the Risk Review process for BU including managing risk and opportunities and Risk Assessments and mitigation thereof.

  • Participate in project reviews to verify risk allocation done in tendering stage and collect lesson learnt for risk review analysis.

  • Analyse customer contract terms to highlight areas of potential opportunity and risk, such as ambiguities, omissions and conflicts during project execution. Seek advice from the legal function to draft, negotiate and finalize agreements during the sales and project execution phases.

  • Use internal processes and systems to undertake risk management assessments. 

  • Training and certification for Risk Review/Project Review process in collaboration with AU legal, HUB and functions and sharing on best practices by building up knowledge database.

Your background:

  • 8-10years of experience.

  • Educational qualification in B Com, M Com, Law, or any PG diploma in Contract Management

The Company
33,676 Employees
On-site Workplace

What We Do

Since its founding in 1910, Hitachi has responded to the expectations of society and its customers through technology and innovation. Our mission is to “Contribute to society through the development of superior, original technology and products.” Over the past 100+ years this commitment has led us to work towards creating a more sustainable society through our “Social Innovation Business”. We work to apply our expertise in information technology (IT), operational technology (OT), and a wide variety of products to advance social infrastructure systems and improve quality of life across the world.

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