Nihit Jain Email & Phone Number

India

Mumbai, Maharashtra, India

•Spearheaded the entire gamut of operations in end-to-end Procurement & Contract Management including high value single contracts ranging beyond US$ 25 Million for Offshore & Onshore Activities.•Handled Purchase of Offshore Jack-up Rig & instrumental in Rig sailing with all activities within record time of 1 month from UAE to India.•Headed Commercial & SCM operations including Planning, Contract & Procurement, Contract Management, Compliance, Regulatory Affairs, Material & Logistic Support, Audit and Statutory approvals related E&P activities in Offshore & Onshore Blocks.•Instrumental in implementation of SAP MM Module, Inhouse designing of Invoice Tracking System. •Awarded as Innovative Business Leader of the Year by Asian Leadership Awards, Dubai during 2022.

Mumbai, Maharashtra, India

Heading Contracts & Procurement and Commercial Operations for Oil & Gas Business. Handling Procurement activities of Rs. 100 crore plus annually and Inventory Management of Rs. 75+ crores.• Responsible for o Contract & Procurement: Tendering, Pre-bid conference, Procurement, Negotiations & Award, finalization of contractual terms and conditions, Contract Management, Change Orders, Vendor development. o SCM: Material Management, Inventory, Warehouse Development, Logistics, Invoicing.o Commercial: Sale of Crude Oil, Sale of Gas & Assisting in Acquisition of Assetso Support: Legal Aspect of Contract, Dispute resolution, Arbitration, Regulatory Affair, Compliance, Review Meetings, Audit, Documentation. o ERP: PR to PO & Procure to Pay Process, e-procurement. o MIS: Budget, Cost Monitoring, Price reasonability, Project Performance Report.

Mumbai Area, India

India

- Prepare and Float tenders for Service Contracts & Materials Procurement for drilling operations in various blocks in India.- Procurement process comprising of Material Requisition/Purchase Requisition to placing Purchase Order.- Bid Management (Bid Clarifications, Bid Openings, Bid Bond, Performance Bank Guarantees) - Commercial Evaluation, drafting Approval Notes and Agendas for approvals.- Drafting Agendas for Joint Venture Partners including Pre-Qualification of Vendors, Intimation and Approval for Procurement of Material & Service Contracts.- Preparation & Issuance of Letter of Award, Purchase Order, Work Order, Draft Contracts.- Vendor Management, Contract Management. - Invoicing, Audit processes, Change Orders, Tracking Cost viz a viz Actual Expenses, Amendment of Purchase/Work Orders.

Cairo Governorate, Egypt

- Deputed at Cairo, Egypt during 2012 – 2014.- Tendering, Bid Evaluation & Management, Resolution of Exceptions & Deviations.- Correspondence with Egyptian Oil & Gas Regulator pertaining to project expenditure and approvals as per their terms and conditions.- Invoice clearance, Change Order, Cost Estimations, Budget Approvals, Audit process.- Inventory Management, Logistics & Material Movement.- Tendering for re sale of residual inventory, Bid Management, Evaluation, Approval & Award of LOA.- Post Operations Wind-up, Closure of Project Office, Prepare Reports & Documents for Regulatory Authorities & Audit process.

Gandhinagar

Led commercial & procurement activities including invoicing, resource management, negotiations, preparing RFPs, and purchase orders including HR activities, payroll and performance appraisal; managed certification process for ISO 9001:2008

Gandhinagar

Deputed in GSPC LNG Limited during project phase; managed project purchases, setting up project office, procure to pay activities; HR activities including Payroll and Leave Management

•Providing Level-1 support to corporate customer. •Closely associated with International Clients on complaint resolution. •Customer’s grievance redressal through Level-2 Engineers.•Providing feedback & continuous follow-up for complaint resolution.

Master Of Business Administration (M.B.A.), Oil And Gas

Post Graduate Diploma In Supply Chain Management

Mdp - Knowledge Management : Strategy, Structure And Processes

Mcom, Management

Diploma In Export Import Management

Bachelors Of Management Studies, Business Administration And Management, General