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.
ResponsibilitiesKey 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
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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About UsFor more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.
Skills Required
- Bachelor's Degree in Engineering or Supply Chain Management or a relevant discipline
- 8-12 years of relevant experience
- Minimum 6 years of Subcontracts experience in the Oil & Gas industry
- Strong knowledge of subcontract policies and processes
- Proven ability to develop, negotiate, and administer complex subcontracts
- Field experience
What We Do
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach to design and build infrastructure solutions to responsibly transport and transform oil and gas into the products the world needs today. From concept to commissioning, our expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. It is called the “One McDermott Way.” Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include approximately 40,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
