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.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Subcontracts Specialist
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like McDermott International.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Principal Subcontracts Specialist
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to McDermott International:Your cover letter should read like you’re chatting directly to McDermott International. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like McDermott International.
How to prepare for a job interview at McDermott International
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at McDermott International!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at McDermott International. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into McDermott International's culture.
