GE Energy
Business Segment
Energy - Oil & Gas
About Us
At GE Oil & Gas, we’re powering potential. Whether we’re developing technologies to make extraction safer and more efficient, or subsea devices that will usher in a new phase in drilling, GE’s Oil & Gas teams are committed to creating the high-tech products and solutions that solve some of the world’s toughest problems. Join us and you’ll find yourself in a flexible, creative environment that fosters the groundbreaking intellectual property and patents that make GE a global leader. Here you’ll have the opportunity to take control of your career within the engineering and business worlds, surrounded by diverse, credentialed talent who work together to make a real difference. If you’re a passionate, sound decision maker who thrives on the pursuit of perfection, then join GE in creating the next generation of oil and gas innovations and technologies that will impact the globe for generations to come.
Role Summary/Purpose
Reporting to the Projects Leader and supported by the Commercial Director, the job holder is responsible for providing commercial and contractual leadership within the subsea projects team. He/She is expected to play an active role in control of the individual projects, ensuring that company procedures are adhered to at all times. The job holder is the key contractual and commercial interface between the internal functions and the management team on all projects assigned.
Essential Responsibilities
• Generally responsible for supporting the product line in ensuring that all projects are commercially managed to place GE in the best risk and commercial position to deliver and improve on its financial targets. • Facilitate the bid handover and booking process and ensure that the necessary commercial information is understood and disseminated to the project teams. • Ensure that project variation control systems are established and supporting the creation and negotiation of complex variations in line with contract requirements. • Supporting the accurate management of the project costing and financial modelling including reporting of contingencies, LD’s and status of variations, ensuring that all project teams are co-ordinated and working to the financial plan and timelines.. • Provide advice, assistance and guidance to management, project managers and functions on project specific contractual matters including contractual interpretation and input to qualifications as required throughout the execution of the projects. • Participate in or lead negotiations with clients, suppliers and third parties on terms and conditions and commercial matters during execution as required, liaising with the necessary support functions and management. • Ensure that project teams comply with the project specific contractual administration requirements and that the necessary systems are in place and adhered to. • Supervising the invoicing processes ensuring that the project maintains the best possible free cash flow and forecast reports are accurate and up to date. • Ensure commercial risks are identified and managed across the project scopes of work by participating in the overall project risk and opportunity review and reporting process. • Support the preparation and delivery of Company Risk Review Committee presentations and reviews. • Co-ordinate and support periodic project reporting and status presentations. • Ensure that a subcontracting plan and timeline is established and co-ordinated for each project with the support of Sourcing function and the Project Managers ensuring that related commercial and contractual risks are being mitigated and opportunities are managed. • Ensure commercial related feedback is captured and ensuring that lessons learned on executed projects is communicated to the ITO organisation. • Support the handover process to the Services organisation at project completion. • Supporting the global development of standard process and procedures and their implementation within the region. • Support the Project Leader as required.
Qualifications/Requirements
Bachelors degree in Business Administration, or, other relevant legal, commercial, energy related degree. Relevant contract management experience in an oil and gas capital construction project environment. Proven track record in contributing to the improvement of project profitability, cash flow and control of commercial risk in previous roles. Commercially, financially and contractually aware with good communication, inter-personal and negotiation skills. Strong commercial leadership skills with proven capability of working in a matrix environment and of leading by influence. Willing to work at a detail level. Full understanding and working knowledge of the key legal risk areas such as but not limited to Contractual Liability, Insurance requirements, defective performance and Warranty obligations for goods and services and application of same in the Oil and Gas Industry. Full understanding and working knowledge of all aspects of lump sum and reimbursable project related financial and contractual management clauses in areas such as but not limited to Application of Rates, Confidentiality, Completion Notices, Payment Profiles & Cashflow, Variation Control, Escalations, Cancellation, Hedging etc. required to make sound commercial decisions.
Desired Characteristics
Understanding of subsea production systems
Having the flexibility to understand and negotiate alternative contractual and commercial positions with customers (subject to approval).
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