Larsen & Toubro Ltd

Contracts and Claims Manager

Larsen & Toubro Ltd
Chennai
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 5 yearsMin. 5 years

Job Description

Contracts and Claims Manager

#LI-DNI - Old TAR - LNT/CACM/1739110 Job Title: Head- Contracts - TestDivision/Function: ContractsAim:overseas corporate contract function by supporting the business unit.Responsibilities:To study the bid documents, identification of potential risk area, contingency plan and inform Tendering team so that it can be incorporated in the quotation of the worksTo prepare the queries during pre-bid stage for client to bring more clarity in the assessment of the proposalTo prepare Contract Appreciation Document (CAD) for internal circulationMonitoring the works from contractual perspective, safeguarding company’s entitlements & performance of obligationsPreparation & submission of claims for various issues arising out of works at site duly coordinating with siteTo monitor and guide the correspondence with client on behalf of company on regular basis to address any issue, scope of work, delays etc.To coordinate & interact with Dispute Resolutions Bodies (DRB) set up under the ContractTo coordinate & interact with Arbitration Tribunal constituted for settlement of disputesTo pursue the matter in respective Court through Legal counsel and Advocate on record - various submissions and follow upCoordinate with the Legal counsel for Arbitration duly supplying with proper inputs to strengthen the casePreparation of High Value work order and/or Agreements with SubcontractorsStandardizing formats for various work orders /agreements to be made with subcontractorsTo make the project team aware and sensitive about the importance of contract and correspondence with client and identification of potential friction area (red flags) with client during execution of the projectKRA:Financial Perspective:To generate revenue by claiming for extra work executedOperations Perspective:To highlight potential risks and recommend appropriate mitigation stepsTo ensure common understanding with vendors / sub-contractors / JV partners w.r.t contract documents.Customer Perspective:To delight internal customerLearning, Growth Perspective:Self-development - Upgrade knowledge & competenciesTeam development - build team's capabilities & competenciesQualification and Experience:Educational qualification: B.E. Civil, LLB,Years of experience:Other Specialization: Civil Engineering, PGD in Construction/Business ManagementBehavioral Competencies:Studies/analyses industry trends.Evaluates several options before taking a decision affecting a large group of people. Keeps alternative plans if things do not go according to the plan.Proactively seeks conflicting views to test their thinking, produces powerful new concepts or creative new solutions that change the way business is done.Anticipates and mitigates “negative impact” of change or innovation to maximise benefits.Promotes good working relationships regardless of personal likes or dislikesBecomes closely involved in the others’ internal decision making process. Others approach him/her in the critical conversations.Institutionalizes relationships with others to create Mutual benefits. Puts in place various forums to allow different groups or individual to collaborateIdentifies critical capability needs and plans to address them for future.Explain the team's objectives and expectations from them in person. Makes team members realize importance of their contributions to overall goals. Emphasizes individual strengths and capitalize them for broader objectives. Encourages and supports subordinates in taking on greater challenges.Commits significant resources and/or time (in face of uncertainty) to improve performance, tries something new, reach an entrepreneurial goal while taking actions to minimize downsides. This involves new services, new business lines etc.Takes numerous, sustained actions over time in high risk situations for the organization to reach an organizational goal. Confronts others openly and directly about performance problemOther Required Skills:Knowledge of appropriate laws & regulations related to contract management & claim realization- empanelment of/Networking with external legal counsels, consultants etc. for knowledge enhancement.Sound knowledge to understand, interpret and manage Contracts- Very much aware about latest trends/competitive practice. Prepares robustly for arbitrations/claim settlements.Drafting skills- Proficient in drafting all the types of documentations required for different types of contracts and complexities.Risk Analysis- applies past experiences and quickly catches probable risk factors. Sensitizes/support/communicates to the stakeholders about mitigation/risk handling strategies.

Job role

Work location
Work locationChennai
Department
DepartmentProject & Program Management
Role / Category
Role / CategoryOther Program / Project Management
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 5 years

About company

Name
NameLarsen & Toubro Ltd
Job posted by Larsen & Toubro Ltd

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