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Seatrium

Commercial Officer (Costing)

Company logo
Seatrium
Global engineering provider for offshore, marine & energy sectors: newbuilds, conversions, repairs, renewables.
Manage project costing, budgeting, and cost monitoring in SAP for marine projects.
13d ago
Intermediate (4-7 years)
Full Time
Singapore, Singapore
Onsite
Company Size
23,000 Employees
Service Specialisms
Oil & Gas Newbuilds and Conversions
Offshore Renewables
Repairs & Upgrades
New Energies
Technology and New Product Development
Sector Specialisms
Oil & Gas Newbuilds and Conversions
Offshore Renewables
Repairs & Upgrades
New Energies
Maritime
Marine
Energy
Offshore platforms
Role
What you would be doing
sap wbs
monthly report
manhour tracking
variation review
cost monitoring
cashflow risk
  • Create the project definition and maintain the work breakdown structure in SAP.
  • Prepare and submit monthly project report summary.
  • Assign and maintain the project work breakdown structure for cost monitoring.
  • Monitor the actual manhours against the budgeted manhours. Compare the consumed manhours against the progress.
  • Review and assess vendor, supplier and/or subcontractor variation order requests.
  • Set the project budgeted manhours.
  • Report on weekly basis manpower consumption and raise to the Project Management's attention any abnormality.
  • Report on weekly basis the cost incurred and raised to the Project Management's attention any abnormality.
  • Review the prime cost and develop the project assigned budget.
  • Update the cost and cashflow risk for monthly risk summary report.
  • Update overall project costing projection.
  • Review and verify the vendor, supplier and/or subcontractor invoices.
  • Monitor the actual and committed cost against the assigned budget. Compare the incurred cost against the progress.
What you bring
3 years
multitask
communication
naval architecture
marine engineering
certificate competency
  • Minimum 3 years of relevant working experience
  • Able to multi-task and able to work in a fast-paced environment
  • Possesses good interpersonal and communication skills
  • Degree/ Diploma in Naval Architecture/ Marine and Offshore / Electrical Engineering, Certificate of Competency (Marine Engineer Officer) Class 1 (Motorship), or its equivalent
Benefits
Information not given or found
Training + Development
Information not given or found
Company
Overview
April 2023
Formation Date
The company was formed in April 2023 through the merger of Sembcorp Marine and Keppel Offshore & Marine.
S$11B Contract
FPSO Project
Secured a significant S$11 billionFPSO contract with Petrobras in 2024, reinforcing its leadership in energy infrastructure.
Since 1963
Heritage Timeline
Traces back to the establishment of Jurong Shipyard in Singapore in 1963, marking its origins.
US$6.9B Revenue
2023 Financials
Generated approximately US$6.9 billion in revenue in 2023, showcasing strong financial performance.
  • Delivers massive FPSO, FSO, rig, floater, platform, and specialized vessel projects using turnkey EPC and brownfield services.
  • Active in offshore renewables, wind-farm foundations, and floating wind tech alongside traditional oil & gas build-and-repair work.
  • Operates shipyards and engineering centers globally across Asia, Europe, the Americas, and the Middle East.
  • Innovation labs like the Seatrium‑TCOMS Ocean Lab pilot floating offshore wind, green ships, carbon capture, and autonomous vessels.
Culture + Values
  • Operating a responsible business – with integrity, ethical and sustainable sourcing while actively creating long-term value for our stakeholders.
  • Engineering a sustainable future – innovating sustainable solutions, mitigating climate change and biodiversity loss, and promoting circular economy.
  • Caring for our people and communities – through socio-economic initiatives that promote human rights, safety and well-being.
Environment + Sustainability
31% Revenue Growth
From Renewable Energy in 2024
Achieved 31% revenue growth from renewable-energy solutions in 2024.
40% GHG Reduction
Target by 2030
Committed to reducing greenhouse-gas emissions by 40% by 2030.
40% Renewables Order
Target by 2030
Aims for 40% of net order book to come from renewable or green solutions by 2030.
S$2B Financing
Sustainability-Linked Loans in 2023
Secured over S$2 billion in green financing and sustainability-linked loans in 2023.
  • Rated 'A' in 2023 ESG Rating Assessment (upgraded from 'BBB'); constituent of FTSE4Good and SG ESG Leaders/Transparency indices.
  • Net-zero ambition by 2030 focused on Scope 1 & 2 GHG emissions.
Inclusion & Diversity
27.6 Hours
Training Hours Per Employee
Global average training hours on ESG topics provided to employees in 2022.
0.8 LTIR
Injury Rate Per Million Hours
Lost-time injury rate per million man-hours worked in 2022, reflecting a strong focus on worker safety.
  • Established a Human Rights Council to oversee human rights and Diversity, Equity & Inclusion policies.
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