Commercial Project Manager

Siemens is a global technology company focused on industry, infrastructure, transport, and healthcare. The Commercial Project Manager role involves managing all commercial and financial aspects of projects, ensuring compliance with regulations, and supporting project managers in executing projects according to established guidelines.

Responsibilities:

• Manage the project throughout the project Life Cycle
• Drives own empowerment with adequate signature authorization and project target agreement to manage the project as commercial project entrepreneur - primary projects to be worked categorized as C and ‘small’
• Supports the PM in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets and financing instruments)
• Ensures an adequate handover phase, analyzes customers’ requirements, examines their commercial and contractual feasibility and transferability, incl. ECC matters
• Drives the review and evaluation of the contract conditions incl. all attachments, ensures examination by Legal
• Supports the PM and ensures correct methodology for identifying, evaluating, assessing risks & opportunities, strategies and response activities
• Manage Project Finances
• Ensures accuracy of cost and pricing calculation as well as overall project books and records, incl. recording of such in appropriate systems, e.g. SAP
• Performs applicable requirements for month end activities
• Prepares commercial documentation for regular project status meetings and ensures the accuracy of the commercial project data (i.e. FC, cash flow)
• Ensures compliance with Siemens FRG and local GAAP requirements
• Ensures the application and the continuously managing of financial Guarantees, Bonds and project securities
• Supports the PM in identifying, minimizing non-conformance costs and establishing an appropriate reporting structure; supports the implementation of lessons learned into own project and the organization in general
• Manage the risks, contracts and claims by ensuring compliance with LoA guidelines for commercial aspects, e.g. risk management process
• Manage the compliance to standards, rules and regulations of (commercial) project members to act according to the Business Conduct Guidelines and establishes a culture of trust and integrity (e.g. adherence of tax regulations, Signature rights, segregation of duties, ECC, EHS), OR, Legal and Compliance, HR (incl. Delegation process), ECC, Customs, external auditors, etc
• Manages the customer's requirements and expectations with the PM
• Ability to work a large number of midsize projects and prioritize
• Ability to interpret and execute contract (customer and supplier) terms and conditions

Requirements:

• 3+ years of successful experience in related field and successful demonstration of Key Responsibilities and Knowledge as presented above
• BS/BA in related discipline or advanced degree (Finance, Accounting, Supply Chain Management)
• SAP experience and knowledge
• Small or ‘C' Project management, Siemens CPM Certification, or PMP Certification is a plus
• The candidate should have demonstrated skills to work effectively in a team-oriented environment
• Ability to multi-task and work under pressure to meet deadlines is required
• 10% travel
• Strong analytical, problem-solving, and decision-making skills with the ability to manage ambiguity in a dynamic business environment
• Excellent communication and stakeholder management skills, capable of influencing at all organizational levels
• Advanced proficiency in financial systems (e.g., SAP, COMPAS, Tableau) and strong Excel modeling capabilities
• Demonstrated ability to lead cross-functional teams and deliver measurable financial and operational improvements
• Demonstrates knowledge of organization's business practices and issues