Contract Specialist

KONE is hiring a Contract Specialist in Riyadh, Saudi Arabia. Level rates it ; you can apply on KONE.

Level's read on this job

On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
Level lists 939 other open roles at KONE.
The role was posted in the last few days.

AI in this role

Ensures that the Sub-Contracts are made in line with KONE’s contract guidelines and

policies

* Supports Project Manager and team in preparing a Project Execution Plan and

maintaining appropriate control processes defined therein.

* Fully understands the scope and terms of the main contract as well as sub-contracts,

including both KONE’s obligations to customer and subcontractor’s obligations to

KONE.

* Monitors KONE’s compliance with the contractual obligations throughout the contract

term.

* Monitors potential claims, including the following actions:

* Reporting of matters that are potentially harmful to KONE

* Keeping up-to-date records of these matters, e.g. variations to scope of works,

events that entitle to an extension of time under the contract

* Maintaining a filing system including all relevant documentation concerning

contractual and financial significance, e.g. identifying and maintaining a register of

contra charges.

* Supports Project Manager and team converting opportunities to real profitable

Variation Orders.

* Ensures all payments to and by KONE are made on time and ensuring all notifications

to third parties are made on time.

* Monitors the cost control and client change control processes.

* Maintains project forecast costs, revenue and profitability using SAP and business

reporting tools.

* Provides e.g. the following reports monthly:

* Liability statement (KONE’s gross liability in respect of each subcontractor)

* Cost/Value reconciliation (contract value measured against contract cost)

* Leads and co-ordinates project final account discussions with the customer.

* Resolves or assists Legal in resolving any contract disputes between KONE and the

customer and/or subcontractors.

* Follows changes in laws and regulations and advises on how they impact the project.

At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life.

At KONE, we believe in fair and competitive pay that recognizes performance and supports employee engagement. Our approach covers a comprehensive total rewards package, including both financial and non-financial benefits. We are committed to fostering a culture of fairness, respect, equity, diversity, and inclusion.

How we rate this

Contract Specialist at KONE rates 37 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.