Synectics
EPC Contract Analyst
Synectics, Oakbrook Terrace, Illinois, United States,
Description:
An EPC (Engineering, Procurement, and Construction) Contract Analyst is responsible for managing and analyzing contracts in projects that involve engineering, procurement, and construction activities. This role is crucial in ensuring compliance, mitigating risks, and optimizing contract performance throughout the project lifecycle.Contract Administration:Review, draft, and negotiate EPC contracts and related documents.Monitor contract performance and compliance with terms and conditions.Maintain organized records of contracts and related correspondence.
Risk Management:Identify, assess, and mitigate risks associated with contract terms and execution.Conduct risk assessments and provide recommendations for contract modifications or enhancements.
Cost Analysis:Analyze contract costs and pricing structures to ensure alignment with project budgets.Prepare cost estimates and financial reports related to contracts.
Collaboration:Work closely with project managers, legal teams, and procurement departments to ensure seamless contract execution.Liaise with vendors, subcontractors, and other stakeholders to address contract-related issues.
Compliance and Reporting:Ensure compliance with industry regulations, company policies, and contractual obligations.Prepare and present reports on contract performance, compliance, and financial metrics to management.
Dispute Resolution:Assist in resolving contract disputes and claims through negotiations and mediation.Document and track changes, amendments, and issues arising during contract execution.
Market Research:Stay updated on industry trends, market conditions, and best practices related to EPC contracts.Conduct benchmarking studies to inform future contract negotiations.
Qualifications:
Bachelor's degree in Business Administration, Construction Management, Engineering, or a related field.Master's degree or professional certification (e.g., CCP, PMP) may be preferred.3-5 years of experience in contract management, preferably in the EPC sector or related industries.Excel power user, Power BI knowledge, EPC experience, GMP experience preferred but not required.Construction contract experience, Contract reviewal, construction finance experience, Invoicing experienceStrong analytical and negotiation skills.Proficient in contract management software and Microsoft Office Suite.Excellent communication and interpersonal skills.Attention to detail and strong organizational abilities.Familiarity with construction processes, procurement practices, and relevant laws and regulations (e.g., FIDIC, AIA).Experience in heavy industrial construction with focus on utility and/or oil and gasAbility to work in a fast-paced environment and manage multiple projects simultaneously.Strong problem-solving skills and the ability to work independently as well as in a team.
Benefits:
Healthcare Insurance: Synectics offers eligible employees and their dependents healthcare coverage through BlueCross BlueShield of Illinois. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics. Premiums are subsidized by Synectics.
Dental Insurance: Synectics offers eligible employees and their dependents a dental plan through MetLife. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.
Vision Insurance : Synectics offers eligible employees vision insurance through VSP. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.401(k) Plan: The Synectics Inc. Investment Savings Retirement Plan. Synectics offers all employees who are 21 years of age or older the opportunity to invest in the 401(k) Plan on the first enrollment date that is at least 30 days after employment begins. Enrollment dates are each January 1st, April 1st, July 1st, and October 1st.
Technical Certification Bonus: Synectics is pleased to award its employees a bonus of up to $500 for an approved professional certification. In determining the bonus amount, Synectics will consider the cost of the test(s) for any certification relating to your current position, achieved during your employment with us. Only one Certification Bonus per calendar year may be awarded per employee. Only current, active employees will be eligible to receive this bonus. It will be awarded 90 days after the Synectics office has received documentation confirming the successful completion of the certification.
Synectics is an equal opportunity employer.
An EPC (Engineering, Procurement, and Construction) Contract Analyst is responsible for managing and analyzing contracts in projects that involve engineering, procurement, and construction activities. This role is crucial in ensuring compliance, mitigating risks, and optimizing contract performance throughout the project lifecycle.Contract Administration:Review, draft, and negotiate EPC contracts and related documents.Monitor contract performance and compliance with terms and conditions.Maintain organized records of contracts and related correspondence.
Risk Management:Identify, assess, and mitigate risks associated with contract terms and execution.Conduct risk assessments and provide recommendations for contract modifications or enhancements.
Cost Analysis:Analyze contract costs and pricing structures to ensure alignment with project budgets.Prepare cost estimates and financial reports related to contracts.
Collaboration:Work closely with project managers, legal teams, and procurement departments to ensure seamless contract execution.Liaise with vendors, subcontractors, and other stakeholders to address contract-related issues.
Compliance and Reporting:Ensure compliance with industry regulations, company policies, and contractual obligations.Prepare and present reports on contract performance, compliance, and financial metrics to management.
Dispute Resolution:Assist in resolving contract disputes and claims through negotiations and mediation.Document and track changes, amendments, and issues arising during contract execution.
Market Research:Stay updated on industry trends, market conditions, and best practices related to EPC contracts.Conduct benchmarking studies to inform future contract negotiations.
Qualifications:
Bachelor's degree in Business Administration, Construction Management, Engineering, or a related field.Master's degree or professional certification (e.g., CCP, PMP) may be preferred.3-5 years of experience in contract management, preferably in the EPC sector or related industries.Excel power user, Power BI knowledge, EPC experience, GMP experience preferred but not required.Construction contract experience, Contract reviewal, construction finance experience, Invoicing experienceStrong analytical and negotiation skills.Proficient in contract management software and Microsoft Office Suite.Excellent communication and interpersonal skills.Attention to detail and strong organizational abilities.Familiarity with construction processes, procurement practices, and relevant laws and regulations (e.g., FIDIC, AIA).Experience in heavy industrial construction with focus on utility and/or oil and gasAbility to work in a fast-paced environment and manage multiple projects simultaneously.Strong problem-solving skills and the ability to work independently as well as in a team.
Benefits:
Healthcare Insurance: Synectics offers eligible employees and their dependents healthcare coverage through BlueCross BlueShield of Illinois. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics. Premiums are subsidized by Synectics.
Dental Insurance: Synectics offers eligible employees and their dependents a dental plan through MetLife. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.
Vision Insurance : Synectics offers eligible employees vision insurance through VSP. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.401(k) Plan: The Synectics Inc. Investment Savings Retirement Plan. Synectics offers all employees who are 21 years of age or older the opportunity to invest in the 401(k) Plan on the first enrollment date that is at least 30 days after employment begins. Enrollment dates are each January 1st, April 1st, July 1st, and October 1st.
Technical Certification Bonus: Synectics is pleased to award its employees a bonus of up to $500 for an approved professional certification. In determining the bonus amount, Synectics will consider the cost of the test(s) for any certification relating to your current position, achieved during your employment with us. Only one Certification Bonus per calendar year may be awarded per employee. Only current, active employees will be eligible to receive this bonus. It will be awarded 90 days after the Synectics office has received documentation confirming the successful completion of the certification.
Synectics is an equal opportunity employer.