What are the responsibilities and job description for the Contracts Administrator position at corelab?
JOB
PURPOSE:
This position will be responsible for reviewing commercial and government
contracts to ensure they meet legal requirements and align with Company goals
and policies. The Contracts Administrator will report to the Contracts
Administration Manager, who has oversight for contract preparation and
negotiations throughout the Company. The Contracts Administrator will
have discretion in dealing with internal employees and the Company’s clients
and vendors in the drafting, review, negotiation and administration of
contracts.
ESSENTIAL DUTIES AND RESPONSIBILITIES / KEY ACCOUNTABILITIES (Other
duties may be assigned:
- Performs contract review and drafting, creating detailed contracts for various business needs, subject to final approval by the Contracts Administration Manager and/or the Assistant General Counsel.
- Ensures contract terms comply with applicable laws and regulations and Company policies.
- Develops and maintains standard contract templates common to the oil field services industry to facilitate execution while providing customary legal protections for the Company.
- Communicates with internal clients and/or contracts administrators at the Company’s clients and vendors to negotiate favorable contract terms.
- Addresses and resolves disputes or disagreements with contract counterparties during negotiations.
- Provides advice, recommendations and interpretation of contract terms, legal obligations and risk exposure to business unit management.
- Works with business unit leaders to develop strategies for minimizing contractual risk.
- Prioritizes contracts and regularly communicates with the Contracts Administration Manager regarding status of contracts under review leading to final execution.
- Collects, catalogues, and manages all contracts between the Company’s business units and their clients.
- Maintains contract management processes and tools to track status of contract review and allow for efficient retrieval of documents.
- Responsible for other duties as may be assigned.
EDUCATION:
Bachelor’s degree in business administration, finance or humanities (or related
field) required.
EXPERIENCE:
A minimum of three years of relevant industry experience required in oil and
gas (preferably the oil field services industry).
CERTIFICATIONS/LICENSES:
None required.
KNOWLEDGE:
This position requires experience in the oil and gas industry, as well as an
in-depth understanding of the structure of contracts common to the oil field
services industry, including master work agreements, framework agreements,
commercial tenders, lease agreements, non-disclosure agreements and guaranty
agreements. Must demonstrate the ability
to understand the significance of contract provisions within the context of the
underlying transaction.
SKILLS:
Must have strong interpersonal skills, working closely with the Contracts
Administration Manager as well as internal and external clients in negotiating
and finalizing contract terms.
Must demonstrate proficiency in Microsoft Office Suite (Word, Excel and Access,
or comparable database software).
ATTRIBUTES:
Must be able to interact with clients to help reach a consensus on the final
terms that should be approved with the Law Department having ultimate authority
on legal questions.
Must be highly organized and detail-oriented, managing multiple contract reviews and workflows and collaborating with subject-matter experts within the G&A function (e.g., Legal, Tax, Accounting, HSE, Credit, Treasury and Risk).
Must demonstrate ability to analyze and interpret legal documents, financial reports and technical documents and possess strong legal writing skills.
A short essay writing exam will be administered as part of the application process.
