Job Description

Commercial Specialist

Position Description

Barrick International are seeking to recruit an experienced Commercial Specialist to join and grow the Commercial Team.

Barrick International Commercial is the commercial and contracts team for Barrick International’s mines. The team works across the full commercial cycle: contracts, local compliance, tenders, adjudications, contract management, negotiations and the systems that run them. It works side by side with the site commercial teams and manages Barrick’s major contractor relationships. Current mines are Kibali (DRC), Loulo-Gounkoto (Mali), North Mara and Bulyanhulu (Tanzania) and Lumwana (Zambia), plus Jabal Sayid (Saudi Arabia) on concentrate offtake, and mines in South America and Papua New Guinea.

The Commercial team lead the high value services contracts across the mines: mining, drilling, haulage, labour hire, equipment hire, construction and site services. The Commercial Specialist works in the detail of each contract and leads the high value negotiations.

The role takes each contract from tender through adjudication, negotiation and signature, presents the high value tenders to Exco, and manages each contract through its life, working closely with the General Managers and site commercial teams.

There is plenty of room to grow as the portfolio expands. People here own their work, make decisions and think for themselves, with the backing of a senior team. The work spans different countries, contractors and commercial challenges, with the chance to help shape how the team works.

Key Duties & Responsibilities:

• Tenders and Adjudication: Lead high value tenders with the mines, from tender strategy and scope through evaluation, adjudication and the award recommendation.
• Exco Presentations: Present high value tenders and award recommendations to Exco.
• Negotiation: Lead high value negotiations with major contractors, grounded in the rates and key cost drivers of each contract.
• Contracts: Work in the detail of every high value contract, from scope and rates to the commercial terms, with Legal on the legal terms.
• Local Compliance: Build local content and regulator requirements, such as the Mining Commission in Tanzania, into every tender.
• Contract Management: Work with the site teams on the major contracts after award: performance, variations, rate reviews and renewals.
• Contractor Relationships: Manage the major contractor relationships, resolve issues early and deliver measurable savings.
• Team and Sites: Help solve commercial problems across the team and coach the site commercial teams so the standard process runs with confidence.
• Safety: Build safety into every scope, evaluation and contract, and lead by example on site.

Qualification Requirements:

• Degree in Commerce, Engineering, Quantity Surveying, Law or Supply Chain.
• Professional registration (CIPS, quantity surveying, legal or engineering) is preferred.

Experience & Skills Requirements:

• 8-10 years’ work experience and at least 3 years in commercial or contracts roles in mining or an equivalent environment, with hands-on experience of mining, drilling, haulage, construction or large service contracts.
• Experience in Africa is strongly preferred.
• Has negotiated with and managed major contractors on an operating mine or large project.
• Understands mining contract structures, rates and the key cost drivers behind them.
• Has presented commercial recommendations to senior management.
• Experience with SAP or a contract management system is preferred.
• Negotiates with confidence, with contractors and with General Managers.
• Reads contracts in detail, knows what the market is, and is strong with the numbers behind them.
• Presents clearly to senior management and Exco.
• Strong Excel and PowerPoint and works with AI tools in daily work.

What We Can Offer You

• A comprehensive compensation package including bonuses
• The ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to grow and learn with the industry colleagues are endless
• Access to a variety of career opportunities across the organization

We are committed to a safe work environment sending every person home safe and healthy every day and leaving a sustainable legacy on our host communities.

Thank you for your application, however, only those selected for an interview will be contacted.

Our mission is to be the world’s most valued gold and copper mining business. We are committed to partnering with our host countries and communities to transform their natural resources into tangible benefits and mutual prosperity.

Barrick is a leading global mining, exploration and development company. With one of the largest portfolios of world-class and life-long gold and copper assets in the industry - including six of the world's Tier One gold mines - Barrick's operations an projects span 18 countries and five continents. Barrick is also the largest gold producer in the United States. We create real, long-term value for all stakeholders through responsible mining, strong partnerships, and a disciplined approach to growth. Barrick shares trade on the New York Stock Exchange under the symbol "B" and on the Toronto Stock Exchange under the symbol "ABX".