Commercial Project Manager - Finance

A Snapshot of Your Day (position overview)

As the Commercial Project Manager role, you will be responsible for all commercial/finance related matters and support the technical project manager in managing and optimizing targeted financial results with due professional care, including but not limited to handling Accounting, Legal, Tax and NCM topics. You will be working alongside the different business, such as Substation Projects (Greenfield, Replacement, Refurbishment, Extension), LTSA and O&M Contracts and Small orders.

How You’ll Make an Impact (responsibilities)

- Take full responsibility for all finance-related matters of assigned projects, including Accounting, Legal, Tax, Foreign Currencies, revenue recognition, contractual invoicing, and compliance with IFRS15, local GAAP, reporting guidelines, and internal controls.

- Financial execution of projects including creating sale orders and setting up project in SAP, revenue recognition, invoicing and payment terms, maintenance of project costs, securities, taxes, and insurance requirements

- Project Controlling, Forecasting and Reporting of financial status for portfolio of dedicated projects.

- Ensures the accuracy of project books and records and their compliance with financial guidelines.

- Co-leading Projects together with the Project Manager, in managing and optimizing targeted financial results, with the objective of driving the project according to the PE @ SE Guidelines, customer requirements and the applicable Financial Reporting Guidelines (FRG).

- Co-leads contracts/claim/change order negotiations with stakeholders.

- Prepare commercial documentation for regular project status meetings, maintaining accuracy of all commercial project data throughout project execution.

What You Bring (requirements)

- Bachelor’s degree or higher in Finance, Economics, Business or Accounting or other relevant field in the financial environment.

- Experience in commercial aspects of execution and controlling of projects.

- Minimum 5 years of hands-on experience as a Commercial Project Manager (CPM) or in a Project Finance role.

- Thorough understanding of GAAP and IFRS, strong skills in project controlling application, primarily SAP, Microsoft Office, as well as strong analytical skills

- CPA, MBA, PMI certification is mandatory.

- Work independently, capable at multitasking and meeting deadlines; great team player and open to learn.

- 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

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.

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo

- 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

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