Principal Subcontracts Specialist

Principal Subcontracts Specialist

Full-Time 56250 - 68750 £ / year (est.) Home office (partial)
McDermott International

At a Glance

  • Tasks: Lead subcontract management and solve complex issues in the Oil & Gas industry.
  • Company: Join Lutech Resources, a leader in tailored recruitment for Engineering and Energy sectors.
  • Benefits: Competitive salary, hybrid work options, and opportunities for professional growth.
  • Other info: Dynamic role with excellent career advancement opportunities in a supportive environment.
  • Why this job: Make a real impact by managing critical subcontract processes and strategies.
  • Qualifications: Bachelor’s degree and 8-12 years of relevant experience in subcontracts.

The predicted salary is between 56250 - 68750 £ per year.

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.

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 prioritising 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

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 field 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

Principal Subcontracts Specialist employer: McDermott International

McDermott International is an exceptional employer, offering a dynamic work environment that prioritises safety and innovation in the offshore energy sector. With a strong commitment to employee development, we provide ample opportunities for growth and advancement, alongside competitive benefits that support work-life balance. Located in a thriving industry hub, our team enjoys a collaborative culture that values expertise and fosters long-term client relationships, making it a rewarding place to build a career.

McDermott International

Contact Details:

McDermott International Recruitment Team

We think you need these skills to ace Principal Subcontracts Specialist

Subcontract Management
Negotiation Skills
Compliance Knowledge
Bid Process Experience
Project Administration
Cost Structure Analysis
Field Experience in Oil & Gas