Commercial Engineer- Marine Construction Projects

Our client is a leading construction company in the Middle East, looking to hire a Commercial Engineer who will be responsible for managing the commercial aspects of marine construction projects on-site. This includes cost estimation, financial tracking, contract administration, and ensuring that the project is executed in line with the company’s commercial objectives. The Commercial Engineer will work closely with the project management and engineering teams on-site, providing support to ensure the financial success of the project while maintaining technical and contractual compliance.

Key Responsibilities

• On-Site Cost Estimation and Monitoring:
• Develop and monitor detailed cost estimates based on site-specific conditions and
  
  

project specifications.

• Track project expenditures on-site, including labor, materials, and equipment costs,
  
  

ensuring they align with the budget.

• Assist in preparing change orders and variations due to on-site conditions or client
  
  

requests, ensuring commercial impacts are assessed and captured.

• Commercial Project Management:
• Support the project manager in monitoring the financial performance of marine
  
  

construction projects.

• Provide regular reports on project costs, revenues, and profitability to the commercial
  
  

manager and senior management.

• Ensure on-site commercial risks are identified and mitigated effectively, particularly
  
  

those related to marine-specific challenges such as weather delays, environmental

impacts, and logistical constraints.

• Contract Administration:
• Administer contracts on-site, ensuring compliance with contract terms and conditions,
  
  

and identifying any potential contractual issues or variations.

• Coordinate with clients, subcontractors, and suppliers on-site to resolve any commercial or contractual disputes.
• Prepare and manage claims, including claims for Extensions of Time (EOT) and additional costs due to delays or unforeseen site conditions.
• Client and Stakeholder Engagement:
• Act as a key point of contact for the client and other stakeholders on-site for all
  
  

commercial matters.

• Support the project management team in meetings with clients to discuss project
  
  

progress, financial performance, and contractual issues.

• Provide accurate commercial data to the client as required, including cost forecasts,
  
  

variations, and progress payments.

• Procurement and Supplier Management:
• Liaise with the procurement team to ensure that materials, equipment, and services
  
  

procured for the project are cost-effective and delivered on time.

• Evaluate supplier and subcontractor quotations and provide input on commercial and
  
  

technical suitability.

• Ensure all procurement is in compliance with the project budget and contract
  
  

requirements.

• Risk and Opportunity Management:
• Identify and evaluate on-site risks, such as changes in scope, environmental conditions, or material availability, and develop commercial mitigation strategies.
• Identify opportunities for cost savings or additional revenue generation through
  
  

effective contract management and project execution.

• Financial Reporting and Forecasting:
• Prepare financial reports on the status of the project, including cost analysis, cash flow
  
  

forecasts, and profitability assessments.

• Work closely with the finance team to track project payments, progress billing, and
  
  

receivables, ensuring timely invoicing to clients.

• Maintain accurate and up-to-date financial records for the project, ensuring compliance with internal financial controls and procedures.
• Claims and Dispute Resolution:
• Prepare, submit, and manage claims for additional costs and time extensions (EOT)
  
  

resulting from on-site changes, delays, or unforeseen events.

• Support the project manager and legal team in resolving any disputes that may arise
  
  

from contract variations or claims, ensuring that the company’s commercial interests

are protected.

Required Qualifications

 Bachelor’s degree in Civil Engineering, Marine Engineering, Construction Management, or a related field.

 Minimum of 7 to 10 years of experience in commercial management within the construction or marine infrastructure industry.

 Strong knowledge of marine construction methodologies, including dredging, port development, coastal structures, and offshore engineering.

 Proven experience in cost estimation, budgeting, and contract administration on marine or civil construction projects.

 Familiarity with standard forms of construction contracts (e.g., FIDIC, NEC, bespoke marine contracts) and claims management processes.

 Proven track record in handling Extension of Time (EOT) claims and variations on-site.

 Excellent analytical, problem-solving, and communication skills.

Preferred Skills

 Experience with marine construction-specific challenges, such as weather conditions, tidal variations, and environmental regulations.

 Familiarity with relevant software tools, such as Primavera P6, Microsoft Project, or SAP.

 Professional certification in project management or commercial management (e.g., RICS, PMP, AACE) is a plus.

 Strong negotiation skills and the ability to engage with clients and subcontractors on commercial issues.

Work Environment

This is a full-time, on-site role that requires the Commercial Engineer to be present at marine construction sites. The role may involve working in challenging environmental conditions, including exposure to the elements and work in remote coastal locations. Regular interaction with on-site project teams, clients, and contractors is expected

Skills: marine,project,management,projects,commercial,budgeting,contractual,risk management,contract administration,cost estimation,financial tracking,construction,claims management,negotiation skills,financial reporting,procurement,procurement and supplier management,marine construction methodologies,project management