Enter a job title or keyword

Contract Specialist

KONE


Job Location:

Riyadh - Saudi Arabia

Monthly Salary: Not provided by the employer
Posted: 7 November 2026 (Yesterday)
Application Deadline: 4 February 2027
Vacancies: 1 Vacancy

Job Summary

Ensures that the Sub-Contracts are made in line with KONEs 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 KONEs obligations to customer and subcontractors obligations to

KONE.

* Monitors KONEs 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 (KONEs 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 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.



Read more on Experience:

IC


About Company

Company Logo

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 ... View more

View Profile View Profile