Commercial Control Engineer
Oman Investment Authority
Employer Active
Posted 1 hrs ago
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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
KEY ACCOUNTABILITIES:
- Prepare tender documents, scopes of work, and commercial terms.
- Coordinate pre bid meetings and communication with bidders.
- Conduct technical and commercial evaluations of contractor proposals.
- Support negotiation and recommendation for contract award
Financial Control & Monitoring
- Invoice Management: Oversee the verification and processing of contractor invoices to ensure payments are made on time.
- Consumption Tracking: Rigorously monitor contract consumption vs. Cap value to ensure expenditures remain within approved limits.
- Cost Optimization: Proactively explore subcontract cost-saving opportunities and value engineering initiatives.
Subcontractor Evaluation
- Monthly Reporting: Conduct monthly subcontractor evaluations to assess quality of work, schedule adherence, and HSE compliance.
- Performance Accountability: Maintain subcontractor scorecards and provide regular reports to the Production Control Department Head on delivery performance.
Change Management & Commercial Support
- Review and evaluate variations, claims, and extensions of time.
- Prepare cost assessments and justification reports for variations.
- Provide commercial and contractual support to the contract holder and technical teams.
- Support annual budgeting and cost control activities.
Compliance & Documentation
- Administer contracts in accordance with company policies and established procedures.
- Ensure contractors comply with contractual terms, deliverables, timelines, and safety requirements.
- Maintain accurate contract documentation, correspondence, and records.
- Participate in audits and provide required documentation as needed
General Support
- Perform any other duties or tasks as assigned by the Line Manager to support the department's objectives.
Policies, Systems, Processes & Procedures
- Adhere to all relevant departmental policies, processes, standard operating procedures, and instructions to ensure work is carried out in a controlled and consistent manner.
Quality, Health, Safety, & Environment
- Comply with all applicable quality, health, safety, and environmental procedures and requirements.
- Ensure that performance reporting and analysis do not compromise safety, quality, or compliance standards.
Desired Candidate Profile
Qualifications & Experience
- Bachelor s degree in Engineering, Supply Chain, Business, or related field.
- Minimum 6 years of experience in commercial, contract engineer, procurement, or project controls.
- Experience in maritime fields is preferred.
- Strong understanding of contract laws, contract drafting, and commercial terms.
- Proficiency in MS Office and ERP/contract management systems.
Preferred Certifications
- MCIPS or CPCM highly preferred.
- Certification in FIDIC Contract Management is a significant advantage.
- Project Management certification (e.g., PMP).
- Membership in a recognized professional body (e.g., RICS, CIPS, or Omani Society of Engineers).
Skills & Competencies
- Strong analytical and negotiation skills.
- Excellent communication and stakeholder management abilities.
- High attention to detail and problem solving capabilities.
- Ability to manage multiple contracts simultaneously.
- Strong ethics, integrity, and professionalism.
Company Industry
- Banking
- Financial Services
- Broking
Department / Functional Area
- Contract Management
- Estimation
- Tendering
- Quantity Surveying
Keywords
- Commercial Control Engineer
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Oman Investment Authority