Siemens

Commercial Sales - Finance

Siemens$90K — $120K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Degree in Business Administration/Management, Finance, Accounting or equivalent experience
  • 8+ years in commercial finance, business administration, project controlling or similar
  • Strong analytical thinking and problem-solving skills
  • Familiarity with GAAP and IFRS; SAP and Microsoft Office knowledge required
  • Experience with business analytics tools (e.g., Alteryx, Power BI, Tableau) is a plus
  • Legally authorized to work in the U.S., with potential for sponsorship

Responsibilities

  • Analyze customer requirements and develop winning strategies with the Sales Manager
  • Assess competitive pricing and business conditions
  • Define business models according to regulations
  • Manage all commercial aspects of bids, including contract analysis and risk assessment
  • Build relationships with external project collaborators
  • Prepare and present Limits of Authority (LoA) in line with required protocols
  • Lead T&Cs negotiations with applicable departments
  • Support Sales Manager in ensuring accurate OI forecasts

Benefits

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

In this role, you will lead all commercial and financial activities across the full sales and bid process. You will prepare and negotiate commercial and financial terms and conditions across the portfolio, including Substation Projects (Greenfield, Replacement, Refurbishment, Extension), LTSA, O&M contracts, and small orders. You will also lead process improvements during the Sales/Bid phase and partner closely with the sales team to ensure accuracy of the OI forecast.

How You'll Make an Impact (responsibilities)
  • In this role as Commercial Sales, you will analyze customer requirements, evaluation methods and criteria in order to develop the winning strategy together with the Sales Manager
  • Understanding business conditions as well as competition pricing
  • Define business models based on business, customer and tax regulations
  • Handle all commercial aspects of the bid such as contract analysis, cost calculation, financing concepts, currency, hedging, risks and opportunities, bonds, terms of payment, credit rating, insurances, export control, compliance etc.
  • Relationship management with external project collaborators such as customers or consortium partners.
  • Prepare and present the Limits of Authority (LoA) according to the protocol required and acting as sparring partner for regions and bid team members
  • Participate in negotiation of T&Cs with the applicable guidelines, lead commercial negotiations in coordination with the relevant departments (e.g. Legal, SFS, insurance, Taxes, etc.)
  • Ensuring the correctness of the relevant approvals in accordance with the actual negotiations and providing lessons learned to financially and contractually comparable projects
  • Hands-on attitude is required to manage well the full scope of financial and commercial activities during the sales phase
  • Support the Sales Manager in preparing the OI forecast to ensure greater accuracy in the figures.
What You Bring (requirements)
  • A degree in Business Administration/ Management, Finance, Accounting or equivalent professional experience
  • Minimum 8 years of hands-on experience in commercial finance, business administration, project controlling, or related fields
  • Analytical thinking, result and quality-oriented approach, solid professional judgment and problem-solving ability is required competencies
  • Ability to conceptualize & socialize ideas, make recommendations and gather team consensus to move forward
  • Thorough understanding of GAAP and IFRS, SAP knowledge, Microsoft Office, as well as strong analytical skills
  • Knowledge in business analytics tools (Alteryx, Power BI, Tableau or similar) as well as experience and curiosity about leveraging Artificial Intelligence to address business needs is considered a plus
  • Applicants must be legally authorized to work in the United States. The company may consider sponsoring work authorization for qualified candidates, in accordance with applicable laws and company policy. 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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