Siemens

Commercial Project Manager / Finance Project Controller

Siemens$90K — $120K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, business, engineering, or equivalent experience
  • 8+ years of commercial/financial project management experience
  • 5+ years managing long-term service contracts with P&L responsibility
  • Strong knowledge of project accounting and revenue recognition
  • Experience in customer negotiations and variation management
  • PM@Siemens Certification Level C or higher
  • Strong communication and stakeholder management skills

Responsibilities

  • Manage overall commercial accountability for TSSSA Onshore projects
  • Control P&L, cash flow, and financial performance of assigned contracts
  • Perform forecasting, variance analysis, and project reviews
  • Lead bid and re-pricing activities including lifecycle cost models
  • Identify and manage commercial risks and opportunities
  • Act as primary commercial interface in customer negotiations
  • Ensure compliance with governance and audit requirements

Benefits

  • Flexible work environment with options for telecommuting and flex hours
  • Opportunities for career advancement and mentorship
  • Engagement in innovative and impactful projects
  • Profit sharing and competitive rewards package
  • Rewarding vacation entitlement with flexibility to buy/sell vacation days
  • Participation in social responsibility initiatives
  • Access to employee perks and discounts
  • Focus on diversity and inclusivity
Full Job Description
Position Overview

The Commercial Project Manager (CPM)/ Project Controller will be based in Montreal and holds end-to-end commercial, financial, and contractual accountability for assigned Technical Support Spare Supply Agreement (TSSSA) contracts. The CPM is responsible for Onshore Project P&L, revenue recognition, cost control, risk and opportunity management in full compliance with PM[redacted], Siemens Regulations.. The CPM is a core team member and acts as the commercial counterpart to the Project Director/Manager and as a commercial interface to the customer.

What will you do?

Commercial & Financial Management
  • Assume full commercial responsibility for assigned TSSSA Onshore projects in accordance with PM[redacted], including P&L, cash flow, and financial performance.
  • Strong control over EAC (estimated at completion), lead revenue recognition ( PoC), margin evaluation, and long-term cash-flow forecasting., Perform monthly forecasting ensuring forecast accuracy, transparency, and timely escalation of deviations.
  • Identify, assess, and manage risks and opportunities, including availability and reliability related risks and deductions, price escalation adjustments, obsolescence, and supply-chain exposure.
  • Support claims, counterclaims, and dispute management in collaboration with Legal and Project Manager.
  • Collaborate closely with Project Directors/Managers, Service Operations, Engineering, Procurement, and Plant Controlling to optimize availability, lifecycle cost, and project profitability.
  • Govern procurement-related commercial topics (spares, repairs, overhauls), ensuring contract compliance and budget adherence.

Governance, Compliance & Audit
  • Ensure adherence to PM[redacted], Siemens Commercial Regulations, Business Conduct Guidelines, and Internal Control over Financial Reporting (ICFR).
  • Support internal and external audits, ensuring documentation quality, traceability, and control effectiveness.

What will you need to succeed?
  • Bachelor's degree in finance, Accounting, business , or equivalent professional experience.
  • 5+ years of experience in commercial or financial project management within complex, asset-intensive environments.
  • 3+ years managing long-term service or availability-based contracts with P&L accountability.
  • Strong knowledge of project accounting, revenue recognition, forecasting, and cash management.
  • Demonstrated experience in customer negotiations, variation management
  • Strong communication, presentation, and stakeholder-management capabilities.
  • Willingness to travel (~15%).

The successful candidate for this position must be fluent in English (oral and written) to perform the duties and responsibilities of the role.
    • The role requires interaction with English and/or French speaking customers and suppliers across Canada and/or abroad.
    • The role requires regular interaction with Siemens colleagues based in Quebec, Ontario, nationally and internationally.

About Siemens

Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad. The principal divisions of the company are Industry, Energy, Healthcare, and Infrastructure & Cities, which represent the main activities of the company. The company is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the company's total sales, is its second-most profitable unit, after the industrial automation division. The company is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 385,000 people worldwide and reported global revenue of around €87 billion in 2019 according to its earnings release.
Learn more about Siemens
Size
305,000 employees
Industry
Founded
1847
NASDAQ

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