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Contracts Administrator

Core Laboratories
United States, Texas, Houston
Nov 23, 2024

Core Laboratories is the Reservoir Optimization Company
Core Laboratories Inc. is a leading provider of proprietary and patented reservoir description and production enhancement services and products used to optimize petroleum reservoir performance. The Company has over 70 offices in more than 50 countries and is in every major oil-producing province in the world. Our services, products, expertise, and innovations will continue to be essential as our clients meet the growing demand for energy globally. For more information, visithttps://www.corelab.com

At Core Lab, our values matter: Safety, Honesty and Integrity, Customer Focus, Building Trust, and Employee Development. We regard our employees as our greatest asset. We believe that identifying, attracting, developing, and retaining talent are significant actions because our people are so important to us.

Contracts Administrator

JOB
PURPOSE:

This position will be responsible for reviewing commercial and government
contracts to ensure they meet legal requirements and align with Company goals
and policies. The Contracts Administrator will report to the Contracts
Administration Manager, who has oversight for contract preparation and
negotiations throughout the Company. The Contracts Administrator will
have discretion in dealing with internal employees and the Company's clients
and vendors in the drafting, review, negotiation and administration of
contracts.

ESSENTIAL DUTIES AND RESPONSIBILITIES / KEY ACCOUNTABILITIES (Other
duties may be assigned:

  • Performs
    contract review and drafting, creating detailed contracts for various
    business needs, subject to final approval by the Contracts Administration
    Manager and/or the Assistant General Counsel.
  • Ensures
    contract terms comply with applicable laws and regulations and Company
    policies.
  • Develops
    and maintains standard contract templates common to the oil field services
    industry to facilitate execution while providing customary legal
    protections for the Company.
  • Communicates
    with internal clients and/or contracts administrators at the Company's
    clients and vendors to negotiate favorable contract terms.
  • Addresses
    and resolves disputes or disagreements with contract counterparties during
    negotiations.
  • Provides
    advice, recommendations and interpretation of contract terms, legal
    obligations and risk exposure to business unit
    management.
  • Works
    with business unit leaders to develop strategies for minimizing
    contractual risk.
  • Prioritizes
    contracts and regularly communicates with the Contracts Administration
    Manager regarding status of contracts under review leading to final
    execution.
  • Collects,
    catalogues, and manages all contracts between the Company's business units
    and their clients.
  • Maintains
    contract management processes and tools to track status of contract review
    and allow for efficient retrieval of documents.
  • Responsible
    for other duties as may be assigned.

EDUCATION:
Bachelor's degree in business administration, finance or humanities (or related
field) required.

EXPERIENCE:
A minimum of three years of relevant industry experience required in oil and
gas (preferably the oil field services industry).

CERTIFICATIONS/LICENSES:
None required.

KNOWLEDGE:

This position requires experience in the oil and gas industry, as well as an
in-depth understanding of the structure of contracts common to the oil field
services industry, including master work agreements, framework agreements,
commercial tenders, lease agreements, non-disclosure agreements and guaranty
agreements. Must demonstrate the ability
to understand the significance of contract provisions within the context of the
underlying transaction.

SKILLS:
Must have strong interpersonal skills, working closely with the Contracts
Administration Manager as well as internal and external clients in negotiating
and finalizing contract terms.
Must demonstrate proficiency in Microsoft Office Suite (Word, Excel and Access,
or comparable database software).

ATTRIBUTES:
Must be able to interact with clients to help reach a consensus on the final
terms that should be approved with the Law Department having ultimate authority
on legal questions.

Must
be highly organized and detail-oriented, managing multiple contract reviews and
workflows and collaborating with subject-matter experts within the G&A
function (e.g., Legal, Tax, Accounting, HSE, Credit, Treasury and Risk).

Must
demonstrate ability to analyze and interpret legal documents, financial reports
and technical documents and possess strong legal writing skills.

A
short essay writing exam will be administered as part of the application
process.

Core Laboratories, including all of its affiliated and related entities, is an equal opportunity employer and is committed to creating an inclusive environment for everyone. Employment decisions are made regardless of characteristics including, but not limited to, race, color, sex, sexual orientation, gender identity, national origin, age, disability, religion, genetic information, protected veteran or uniformed service member status, and any other characteristic protected under applicable law.
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