Siemens

Commercial Project Manager

Siemens$90K — $120K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or Master's degree in Finance, Business Administration, Accounting, or related field.
  • 3+ years of experience in financial or commercial project roles.
  • Project management certification (PMP or IPMA) is a plus.
  • Strong understanding of GAAP and IFRS with ability to interpret contractual terms.
  • Proficiency in SAP and financial analysis with strong analytical skills.
  • Self-driven team player with strong communication skills.

Responsibilities

  • Take full charge of project financial matters including accounting and legal aspects.
  • Manage project financial performance with monthly forecasting and revenue recognition.
  • Prepare and maintain project documentation and reporting for financial data accuracy.
  • Ensure compliance with IFRS, local GAAP, and internal controls in financial reporting.
  • Support risk management, contract negotiations, and minimizing non-conformance costs.
  • Drive continuous improvement and collaboration for better project management practices.

Benefits

  • Career growth and development opportunities.
  • Company paid health and wellness benefits.
  • Paid time off and holidays.
  • 401K savings plan with company match.
  • Family building benefits.
  • Parental leave.
Full Job Description
A Snapshot of Your Day (position overview)

Commercial Project Manager / Project Manager Finance Our steadily growing High-Voltage Substation group based out of Raleigh, NC (USA) is looking for a highly driven, self-motivated, and solution-oriented Commercial Project Manager/ Project Manager Finance who will be responsible for the successful financial controlling and reporting of construction projects. You will work together with our technical project management organization with the main objective of executing the projects according to our contractual obligations, project management, and financial reporting standards.

How You'll Make an Impact (responsibilities)
• Assume full responsibility for all project-related financial matters, including accounting, legal, tax, and foreign currency topics throughout the project lifecycle.
• Manage and optimize project financial performance, including monthly forecasting of revenue, profit margin, and cash flow, while ensuring accurate revenue recognition and contractual invoicing.
• Prepare and maintain commercial project documentation and reporting, ensuring accuracy of project financial data during execution and for regular project status reviews.
• Ensure compliance with IFRS 15, local GAAP requirements, reporting guidelines, and internal controls, while maintaining accurate cost calculations, pricing, and project financial records in systems such as SAP and iTWO PM Imp@ct.
• Support the Project Manager in risk and opportunity management, contract interpretation, negotiating changes with customers or vendors, minimizing non-conformance costs, and ensuring proper management of guarantees, bonds, and project securities.
• Drive continuous improvement and knowledge sharing, including implementing lessons learned, supporting more accurate tender calculations through early project involvement, and collaborating with Procurement and other stakeholders to ensure proper contract flow-down conditions.

What You Bring (requirements)
• Bachelor's or Master's degree in Finance, Business Administration, Accounting, or a related financial field.
• 3+ years of professional experience in a similar financial project or commercial project role; project management certification (e.g., PMP or IPMA) is a plus.
• Strong understanding of GAAP and IFRS, with the ability to read, interpret, and apply contractual terms and regulations; experience supporting construction projects is considered an advantage.
• Proficiency in SAP, Microsoft Office, and financial analysis, combined with strong analytical skills and the ability to manage multiple priorities and meet deadlines.
• Self-driven and detail-oriented team player with strong communication skills, a proactive mindset, willingness to travel (~5%), and professional working proficiency in English.
• Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization. Siemens Energy employees with current visa sponsorship may be eligible for internal transfers.

About the Team

Grid Technologies

Our Grid Technology division enables a reliable, sustainable, and digital grid. The power grid is the backbone of the energy transition. Siemens Energy offers a leading portfolio and solutions in HVDC transmission, grid stabilization and storage, high voltage switchgears and transformers, and digital grid technology.

Rewards
• Career growth and development opportunities; supportive work culture
• Company paid Health and wellness benefits
• Paid Time Off and paid holidays
• 401K savings plan with company match
• Family building benefits
• Parental leave

https://jobs.siemens-energy.com/jobs

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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