Commercial Project Manager (CPM) - Finance Controller The Commercial Project Manager (CPM) - Finance Controller (Region West). Location: Cypress, CA. Position is Hybrid and occasional travel is required.
The Commercial Project Manager (CPM) - Finance Controller will be responsible for commercial aspects related to projects-from the sales phase through execution to project completion. Responsibilities encompass proposal management, project performance measurement, planning, forecasting, and reporting. The CPM partners with Sales and the Project Manager during the project life cycle and interacts with Customers, Suppliers, Engineering, Procurement, Legal, other Commercial Project Managers, regional and national Finance colleagues, internal and external Auditors and other internal and external stakeholders.
Responsibilities:
Manage the project throughout the Project Life Cycle - Oversee the bid preparation and approval process (Limits of Authority), review, evaluate and negotiate contractual terms with support of Legal department, evaluate risks and ensure conformance during project execution
- Empower yourself as commercial project entrepreneur during the project execution phase from order intake, through design, delivery, installation and commissioning to warranty phase
- Partner with the Project Manager in identifying, evaluating, and assessing risks and opportunities, and developing strategies and response activities to avoid margin slippage
- Prepare and present commercial topics in internal and external project meetings and escalate critical issues when necessary
- Manage customer requirements and stakeholder expectations with the Project Manager
- Secure project target by enforcing stringent contract and claim management
- Ensure compliance with standards, rules, and regulations, fostering a culture of trust and integrity (e.g. financial reporting guidelines acc. to IFRS and US GAAP, tax regulations, business conduct, signature rights, export control, EHS, ICFR/RIC etc.)
Manage Project Finances & Planning - Partner with the Project Manager to manage financial results, focusing on project gross profit, cash flow and minimizing non-conformance costs
- Perform annual budgeting, monthly forecasting & cost control, cash flow reconciliation, and deviation analysis. Ensure accuracy of project books and records in SAP
- Ensure timely invoicing, actively manage receivables, and maximize cash flow
- Coordinate procurement efforts to ensure best bids within budget and compliance with customer contracts
- Manage financial guarantees / bonds and insurance requirements
- Encourage team accountability, foster team collaboration, and conduct lessons-learned reviews for continuous improvement
You will impress us with the following qualifications:
Basic Qualifications: - Bachelor's degree in accounting, Finance, Business, or 3+ years of Siemens related experience
- 4+ years of work experience in commercial project controlling/management in complex construction projects
- Required travel: 10-20%
- Applicants must be legally authorized for employment in the United States and will not require employer-sponsored work authorization now or in the future for employment in the United States.
Preferred Qualifications - Master's degree in business administration.
- Proficiency with related SAP modules.
- CPM@Siemens certified (C level)
- Demonstrated ability to take initiative and adapt to changing circumstances.
- Resilience in managing complex projects and overcoming challenges.
- Proficiency with Microsoft Office, including Word, Excel, PowerPoint, and Outlook.
- Excellent written and verbal communication skills in English.
You'll Benefit FromSiemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html
The pay range for this position is $82,538 - $141,494 annually. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.
