Siemens Energy

A Snapshot of Your Day

The Commercial Project Manager has responsibility for all financial and commercial aspects related to assigned projects in the TI EAD AM organization. The candidate will be a valuable member of the Global Management Office (GCO), reporting to the Finance Manager. The Commercial Project Manager (CPM) is appointed by the Finance Manager at or before the award of each contract. In partnership with the Project Manager, the CPM is responsible for the commercial, financial, and contractual aspects of project execution. This includes monitoring cash flow, revenue, and margin development, financial forecasting and reporting, and maintaining the project within SAP. Responsibility will begin upon project handover from proposals, through execution, and until handover to customer service for warranty.

How You Make An Impact

• Responsible for multiple project budgets exceeding $20M
• Project order entry, development detailed cash flow analysis for project
• Monthly review of project costs, cash, and revenue
• Processing of required letters of credit, guarantees, FX hedges, and/or insurance as required by contract.
• Compliance with Siemens Energy financial and PM@SiemensEnergy guidelines
• Partner with Project Manager on multiple projects involving order intake calculation, monthly forecasting, SAP entry, compliance with THOP and SLA and other similar responsibilities

What You Bring

• BS/BA in related field
• 2-5 years of experience in a related role; Candidates with more experience may be eligible for a more senior level position
• Ability to read and interpret contract language to ensure proper financial treatment
• Ability to successfully work in team environment
• Working knowledge or general understanding of Completed Contract Method (CCM) and Percent of Completion (POC) accounting and revenue recognition
• Strong attention to detail and ability to convert large volumes of data into actionable information; Strategic thinking, creative problem solving, and financial modeling skills

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

Transformation of Industry

Our Transformation of Industry division is decarbonizing the industrial sector. Increasing electrification and efficiency are key and demand for green H2 and derivative fuels will rise. We enable decarbonization of the industrial sector and the transition to sustainable processes, building on a strong industrial customer base, a global network, diverse technologies, and integrated execution capabilities.

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

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

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