Commercial Project Manager


    Grid Technologies

    How
    You’ll Make an Impact

    Manage the project
    throughout the project Life Cycle

    • Ensures an adequate handover phase,
      analyzes customers requirements, examines their commercial and contractual
      feasibility and transferability, incl. ECC matters
    • Ensure the contract is legally,
      financially and commercially binding and effective on both parties before
      booking in the system
    • Ensure timely submission of
      contractual deliverables once contract becomes effective including, bonds,
      insurances etc.
    • Drives the review and evaluation of
      the contract conditions incl. all attachments, ensures examination by Legal
    • Holds commercial project status
      meetings with the involved commercials (incl. onshore, offshore, site etc)
    • Ensures correct methodology for
      evaluation of risk and opportunities as defined, e.g. in FRG, PM guide
    • Supports the PM in identifying,
      evaluating, assessing risks & opportunities, strategies and response
      activities
    • Ensures together with the PM the
      adherence to internal controls (RIC), incl. ICFR

    Manage Project finances

    • Ensures the accuracy of cost and
      pricing calculation as well as overall project books and records, incl.
      recording of such in appropriate systems, e.g. SAP
    • Ensure timely booking of new orders,
      plan costs, revenue recognition as per guidelines also ensure booking of actual
      cost.
    • Actively review the project costs i-e
      actual, committed and ensure timely adjustments if required
    • Actively involve in contractual
      matters and support PM in identification of provisions/accruals as per contract
      and their booking strategies
    • Ensure booking of provision or
      accruals and timely booking Journal Voucher – JV  
    • Fully involve in negotiating PO terms
      and conditions with the vendors or subcontractors and ensure safeguarding the
      Siemens interests
    • Good to have sound knowledge on
      General Ledger – GLs and their respective classes also ensure booking of costs
      as per right GL
    • Handling of imports (onshore or
      offshore) contracts and arrangement of all import formalities
    • Prepares commercial documentation for
      regular project status meetings and ensures the accuracy of the commercial
      project data (i.e. FC, MIKA, cash flow)
    • Actively performs asset management,
      initiates invoicing according to project progress and contractual terms and
      ensure proper payment allocation (onshore/offshore/consortium)
    • 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 risk, contract and claims
    • Ensures compliance with LoA guidelines
      for commercial aspects, e.g. risk management process
    • Conducts contracts/claim/change order
      negotiations with regard to commercial aspects
    • Together with the PM, proactively sets
      up a contract and claim management, including involvement of the assigned Contract
      Manager(CM), if required as per applicable regulations
    • Supports the CM by summarizing the
      critical and legal elements and the PM by ensuring that the critical and legal
      elements are duly considered in partner/subcontractor contracts/respective
      contract amendments
    • Identifies, assesses, responds,
      monitors, reports, escalates all commercial risks, e.g. calculation, tax,
      insurances, currency
    • Ensures communication of relevant
      commercial contractual obligations/conditions to the relevant project team
      members
    • Member of the Change Management
      Authority (change control board) – review, approval, rejection of change
      requests incl. systematic enforcement of legitimate claims / fending off
      unjustified claims
    • Performs the credit risk analysis for
      potential customer, together with Global Procurement for suppliers

    Manage compliance to
    standards, rules and regulations

    • Leads (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, delegation of
      employees, ICFR, Signature rights, segregation of duties, ECC, EHS)
    • Ensures compliance with relevant tax
      regulations, e.g. PATAC, NCM, PE management (tax returns, transfer pricing,
      delegation concepts)
    • Ensure compliance in day to day
      project execution and support PM for any non-compliance immediately
    • Ensures the compliance with export
      control regulations
    • Ensures the compliance with
      hedging/currency regulations
    • Supports PM to set up a framework to
      ensure regular checks of the compliance in the project, e.g. by conducting
      Compliance (Re-) assessments at the appropriate milestones / Quality Gates.

    Manage project team

    • Holds meetings and seeks actively
      feedback (e.g. team members, managers, customers, sub-contractors)
    • Takes responsibility for own and
      supports team-members’ work life balance
    • Cooperates closely with commercial
      line managers and experts
    • Supports commercial team-members’
      personal development (e.g. PMP)

    Manage stakeholders

    • Support the PM to conduct the
      stakeholder analysis
    • Ensures efficient communication with
      all relevant internal and external stakeholders, i.e. HR, Quality Management,
      EHS, customers, suppliers, consortium partners
    • Ensures proper execution of all tasks
      with all relevant stakeholders, i.e. SFS (e.g. financing, insurance,
      guarantees, currency & commodity hedging), CF (e.g. AC, Taxes, Treasury,
      Audit), RIC incl. OR, Legal and Compliance, HR (incl. Delegation process), ECC,
      Customs, external auditors etc
    • Ensure complete coordination with
      auditors internal, external or CF A and also ensure zero findings on project
    • Drives interpersonal relationship,
      fosters effective communication and manages conflicts
    • Supports PM to select and involve
      partners/subcontractors based on strategic viewpoints and defined criteria
    • Ensure good relationship with
      vendors/subcontractors/Customers
    • Supports Procurement and Logistics, if
      applicable

    Manage customer
    requirements

    • Actively gathers information on
      customer, strategies, requirements and targets regarding commercial aspects
    • Actively communicates with customer’s
      high seniority commercial representatives and manages resolution of commercial
      issues
    • Actively builds relationships to
      customer’s senior commercial management
    • Manages customer expectations together
      with PM
    • Regularly performs lessons learned
      activities on commercial aspects and feeds results into own project lessons
      learned activities and into own organization

    Develop strategies for the
    project and beyond

    • Acts as an advisor for senior
      commercial management regarding all project issues
    • Support senior commercial management
      by providing accurate and timely project KPIs for onward decisions
    • Support senior commercial management
      by preparing various analysis of the project financials
    • Supports the PM to develop and
      consider strategic targets for own project in alignment with business strategy
    • Supports the PM to represent the
      project in the relevant decision boards internally and externally
    • Supports to identify and create
      additional opportunities out of the project

    What You Bring

    • 5-10 years of experience in financial execution of
      large-scale, international projects
    • Project Management methods, processes and tools
    • Relevant E Business Processes (project execution,
      sales, purchasing, LoA)
    • Calculation methods / Finance Models
    • Business Administration
    • Project Controlling
    • Accounting Principles (US GAAP, HGB,…)
    • Asset Management
    • Contract/Claim Management

    Rewards/Benefits

    • Opportunity to work on challenging projects in an
      exciting environment
    • Opportunity for remote/flexible work
    • Professional support and strong collaboration with
      colleagues around the world
    • Professional development opportunities within the
      company

    Who
    is Siemens Energy?

    At Siemens Energy, we are more than just an energy technology
    company. We meet the growing energy demand across 90+ countries while ensuring
    our climate is protected. With more than 92,000 dedicated employees, we not
    only generate electricity for over 16% of the global community, but we’re also
    using our technology to help protect people and the environment.

    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.

    Siemens Energy is an Equal Opportunity and Affirmative Action
    Employer encouraging diversity in the workplace. All qualified applicants will
    receive consideration for employment without regard to their race, color,
    creed, religion, national origin, citizenship status, ancestry, sex, age,
    physical or mental disability unrelated to ability, marital status, family
    responsibilities, pregnancy, genetic information, sexual orientation, gender
    expression, gender identity, transgender, sex stereotyping, order of protection
    status, protected veteran or military status, or an unfavorable discharge from
    military service, and other categories protected by federal, state or local
    law.