Siemens

Commercial Project Manager- Finance

Siemens$61K — $105K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or advanced degree in Finance, Accounting, or Supply Chain Management
  • Experience with SAP systems is essential
  • Siemens CPM or PMP Certification is advantageous
  • Familiarity with managing small or 'C' projects is a plus
  • Demonstrated ability to collaborate in a team-oriented environment
  • Strong multitasking skills to meet tight deadlines
  • Willingness to travel up to 10% of the time

Responsibilities

  • Oversee all commercial and financial aspects of projects during their lifecycle
  • Assist Project Managers in optimizing project financial outcomes
  • Analyze customer requirements for feasibility and compliance
  • Review contracts and ensure legal evaluation
  • Identify and assess project risks and opportunities
  • Ensure accurate financial records, including pricing and cost calculations
  • Maintain compliance with Siemens FRG and local regulations

Benefits

  • Remote work flexibility with a primary home office setup
  • Support for professional development through certifications
  • Collaborative work environment focused on trust and integrity
  • Opportunities for managing a diverse portfolio of projects
  • Involvement in both financial and commercial compliance matters
  • Potential for career advancement based on performance and qualifications
Full Job Description
Commercial Project Manager



Main Responsibilities:

Responsible for the completion of all projects commercial/financial related matters, including but not limited to handling Accounting, Legal, Tax, New Collaboration Model (NCM) and Export Compliance and Control (ECC) topics. CPM ensures the compliance of applicable regulations during the offer and project execution phase. The CPM supports the respective Project Manager in other areas with the objective of executing the project according to the defined PM @ Siemens guidelines/standards, customer requirements and the applicable Financial Reporting Guidelines (FRG). Professional collaboration between the CPM and the Project Manager is key for the overall project success.

This position is based in Wendell, North Carolina, and follows a remote work model, allowing employees to work primarily from a home office while supporting business needs as required.

You'll make an impact by:

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.

You'll win us over by having the following qualifications:

Required Knowledge/Skills, Education, and Experience
  • BS/BA in related discipline or advanced degree (Finance, Accounting, Supply Chain Management)
  • SAP experience and knowledge
  • Siemens CPM Certification or PMP Certification is a plus
  • Small or 'C' Project management experience 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

Preferred Knowledge/Skills, Education, and Experience
  • Demonstrates and applies a broad knowledge of field of specialization through successful completion of assignments.
  • Demonstrates knowledge of organization's business practices and issues.
  • 3-5 years of successful experience in related field and successful demonstration of Key Responsibilities and Knowledge as presented above.

PLEASE NOTE: This position may be filled at either the GRIP 8 or GRIP 7 level. Placement within the level structure will be based on the selected candidate's education, experience, knowledge, skills, and overall qualifications.

Candidates considered for the GRIP 8 level typically possess 1+ years of relevant experience. Salary range: $61,547-$105,509

Candidates considered for the GRIP 7 level typically possess 2+ years of relevant experience and demonstrate increased scope, complexity, and subject matter expertise. Salary range: $74,970-$$128,520

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

Similar Jobs

More Jobs at Siemens

More Finance & Insurance Jobs

Find similar Commercial Project Manager- Finance jobs: