Senior/Commercial Executive

Seatrium Ltd; Singapore; On-site; SGD 50,000 - 90,000; Full time

Job summary

Seatrium Ltd. seeks a cost estimator for marine/offshore projects to prepare detailed cost estimates for FPSO upgrades, modules, platforms, and fabrication works. You will support WBS development and ensure alignment with project scopes, while aiding management with cost reporting and risk assessment.

You will collaborate with Engineering, Construction, Procurement and Subcontractors to verify scopes, analyze data, and track change orders, maintaining accuracy in forecasts and cashflow planning.

Qualifications

• Diploma or bachelor's degree in marine engineering, naval architecture, mechanical engineering or related discipline.
• 1–3 years of cost estimating, quantity surveying, or project support in marine/offshore environments.
• Familiar with offshore platforms, modules, FPSOs/jackets and related facilities.

Responsibilities

• Prepare cost estimates for offshore engineering projects including FPSO upgrades, modules, platforms and fabrication works.
• Support development of WBS and cost breakdown structures aligned with project scopes.
• Verify project scopes before assigning WBS codes to stakeholders.

Skills

Detail-oriented

Analytical skills

Communication

Organizational skills

Team player

Independent work

Overtime readiness

Education

Diploma or Bachelor's in Marine Engineering

Job description

Responsibilities

• Prepares cost estimates for offshore engineering projects, including FPSO and module upgrades, offshore platform, FSRU/FSU conversions, and fabrication works.
• Supports the development of work breakdown structures (WBS) and cost breakdown structures aligned with defined project scopes.
• Assists in verifying and understanding project work scopes prior to the allocation of WBS charge codes to stakeholders.
• Assists in the preparation of monthly project cost reports for management review.
• Analyzes project data and lessons learned to support improvement in forecast cost-to-complete accuracy.
• Understands project cost cashflow principles and updates cashflow curves on a monthly basis.
• Participates in project meetings and stakeholder alignment discussions to ensure clarity on work progress and associated costs.
• Assists in reviewing contractual and commercial sections of project documents to identify key cost implications and potential financial risks.
• Collaborates closely with project teams and various disciplines (Engineering, Construction, Procurement, Subcontractors) to assist in the preparation of variation orders and client claims and tracks all change orders.
• Performs ad hoc assignments as required.
• Holds a Diploma or bachelor's degree in marine engineering, Naval Architecture, Mechanical Engineering, or a related discipline.
• Minimum 1-3 years of experience in cost estimating, quantity surveying, or project support in a marine and/or offshore environment
• Familiar with offshore platforms, modules, FPSOs, jackets, etc. and onshore petrochemical plants will be an added advantage
• Detail-oriented with good analytical, communication, and organizational skills.
• Good team player and able to work independently with minimal supervision
• Willing to commit overtime as and when required

Location

Admiralty Yard, 60 Admiralty Road West, Singapore 759947 (Transport provided from Sembawang MRT)

Working Hours

• Monday - Thursday: 8:00am - 5.15pm
• Friday: 8:00am - 4.30pm

We regret that only shortlisted candidates will be notified.

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