Procurement Specialist
1 week ago
Larsen & Toubro seeks a skilled Procurement Specialist to manage contracts effectively.
Key Responsibilities:- Ensure adherence to established contract management procedures, guaranteeing seamless execution of projects.
- Review and analyze tender documents from a commercial and contractual standpoint, identifying potential risks and opportunities.
- Develop risk mitigation plans to protect the company's interests.
- Analyze project delays and disruptions, collaborating with the Project Manager to issue notifications and change orders to clients.
- Support the Project Manager in all contractual discussions with clients.
- Develop an understanding of internal client workflows, ensuring effective resolution of contractual claims.
- Identify insurance requirements for projects, monitoring policy renewals and closures.
- Provide insights on local tax laws, IMPEX, INCOTERMS, and FIDIC to inform business decisions.
- Obtain validation on legal reviews from the Legal function.
- Participate in pre-bid meetings and negotiations with clients, seeking commercial clarifications.
- Assist the project team in contract administration throughout the project lifecycle.
- Drafting agreements and contracts with expertise.
- Good working knowledge of indirect taxation.
- Experience handling insurance claims.
- Claims management experience.
The estimated salary range for this position is ₹15,00,000 - ₹25,00,000 per annum, commensurate with experience and qualifications. Larsen & Toubro offers a comprehensive benefits package, including health insurance, retirement plans, and paid time off.
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