McDermott International

Principal Subcontracts Specialist

McDermott International$90K — $130K *
Aerospace & Defense
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Engineering, Supply Chain Management, or relevant field
  • 8-12 years of relevant experience
  • Minimum 6 years in Subcontracts within the Oil & Gas industry
  • Field experience required
  • Strong knowledge of subcontract policies and processes
  • Proven ability to develop, negotiate, and administer complex subcontracts
  • Effective in prioritizing tasks and managing deadlines

Responsibilities

  • Evaluate proposals, understanding rates and cost structures
  • Administer Subcontract functions for projects and bids
  • Lead subcontract management strategy development and implementation
  • Guide site leadership on subcontract management matters
  • Prepare and present subcontract management presentations
  • Review standard subcontracts for compliance before execution
  • Support resolution of subcontract-related issues

Benefits

  • Opportunity for independent work with minimal guidance
  • Potential to lead functional teams or projects
  • Engagement in complex problem-solving within the subcontract domain
  • Involvement in project-specific sourcing strategies
  • Opportunity to participate in internal self-audits of subcontract processes
Full Job Description
Job Description

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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About McDermott International

McDermott International, Inc. is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions?from the wellhead to the storage tank?to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. Learn more at www.mcdermott.com.
Learn more about McDermott International
Size
100 employees
Industry
NASDAQ

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