Marius Lotter

Senior Commercial Assurance Manager @NEOM

🧮 EducationBusiness Owner🧨 Consulting🏦 Finance

Marius Lotter, as the Senior Commercial Assurance Manager at NEOM, plays a critical role in ensuring the commercial viability and financial integrity of the company's projects. His responsibilities include risk assessment, contract management, financial planning and analysis, as well as overseeing the commercial assurance team. His expertise in commercial strategy and financial management is crucial in driving NEOM's mission to build a sustainable and technologically advanced future. He is instrumental in fostering partnerships, managing risks, and ensuring that all commercial activities align with the company's strategic goals.

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Work Background

NEOMSenior Commercial Assurance Manager

Mar. 2023Sharma, Tabuk, Saudi Arabia

C.A.T. GroupArea Contracts (Commercial) Manager

Nov. 2016 - Mar. 2023Dammam, KSA

ICMC Ltd. (International Commercial Management Consultants)Management Consultant - Commercial & Contracts (Owner)

Jan. 2012United Kingdom, Bathhttps://www.icmc.Ltd > Mar’23-Present: Senior Commercial Assurance Manager at NEOM Company on THE LINE. NEOM K.S.A. > Nov'16-Feb’23: Area Contracts (Commercial) Manager at Br. C.A.T. International Co. Ltd. Al-Khobar KSA. > Sept'16-Dec'16: Senior Advisor-Contracts & Commercial to IACCM/PetroRabigh KSA. Contracts Section: Practice Improvement (Best Practices), Skills Assessment Workshops, Change Management, Commercial, Process Improvements, Contract Administration Process and Procedures. > April'16-Sept'16: Contracts (Commercial) Manager to CSC (UK&I Global Healthcare Agreements) Expertise within the Supply Chain Management field (commercial and contract management, cost control, quantity surveying, contract administration, and supplier relationship management); ITT development and management of the ITT administration process, pre-and-post-contract award; development and modification of Ts&Cs (contract terms and conditions); identification, assessment, and mitigation of contract and commercial risks. Develop contract and procurement strategies; CCM process, systems & best practice initiatives; assess client obligations and liabilities, identify and define insurance requirements, guarantees, and payments terms/procedures; contract formulation, review, and execution; main contract, subcontractor, and lower-tier subcontractor administration; cradle-to-grave pre- and post-contract administration duties; formulation of JV, consortium and/or partnering agreements; and cost management including Earned Value Management (EVA). Contractor service, quality and performance management (SRM), invoicing, cost monitoring and reporting; change management; claims assessment, dispute resolution and avoidance techniques.

ICMC Ltd./Danos/Sonangol Pesquisa e ProduçãoSenior Contract & Commercial Management Adviser

Jan. 2012 - Jun. 2016Luanda, Angola•Upstream Oil & Gas •Offshore: Jack Up; FSO; FPSO, VLCC, Drilling, Ambilicals, Tubulars, Survey, Well Abandonments etc. •Onshore: Drilling, Survey, Rigging, MEI, Facilities (FEC) etc. •Pre-and-Post Contract Management •Vendor selection and assessment (AVL) •Tender Committe Presentations •Develop Contracing Strategy •Develop ITT •Commercial Bid Evaluations •Contract Formulation •Contract Review •Contract Negotiation •SCM Process & Strategy •Mentoring and skills transfer •Vendor Assessment •Contract Management & Administration •SQMs •Claims •Dispute Resolution •Contract, Commercial & SRM Training and Development Programs

Tatweer Petroleum (OXY, Bapco, Mubadala)Senior Contracts Adviser

Oct. 2010 - Dec. 2011Awali BahrainAwali Oilfield production initiative programme: •Oil and Gas Onshore: Drilling, Survey, Rigging, MEI, Facilities (FEC) etc. •Pre-and-Post Contract Management •Vendor selection and assessment (AVL) •Tender Committe Presentations •Develop Contracing Strategy •Develop ITT •Commercial Bid Evaluations •Contract Formulation •Contract Review •Contract Negotiation •SCM Process & Strategy •Vendor Assessment •Contract Management & Administration •SQMs •Claims •Dispute Resolution •Correspondence

VariousCommercial Management

Apr. 1992 - Dec. 2011United Kingdom, BathTo be updated

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