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Siemens · 5 hours ago

Commercial Project Manager, Finance

Wendell, NC

Full-time

Hybrid

Mid, Senior Level

$74K/yr - $120K/yr

2+ years exp

Siemens is a global technology company focused on industry, infrastructure, transport, and healthcare. The Commercial Project Manager, Finance will manage strategic customer projects within the Electrification and Automation Business Unit, ensuring compliance with financial regulations and optimizing project finances throughout the project life cycle.

Artificial Intelligence (AI)ConsultingCyber SecurityInternet of Things

H1B Sponsor Likely

Responsibilities

Responsible for the completion of all project commercial/financial related matters, including but not limited to handling Accounting, Legal, Tax, New Collaboration Model (NCM) and Export Compliance and Control (ECC) topics

Ensure compliance of regulations during the offer and project execution phases

Support the respective Project Manager in other areas with the objective of executing the project according to the PM @ Siemens guidelines, customer requirements, Financial Reporting Guidelines (FRG)

Professional collaboration between the CPM and the Project Manager is key for success

Manage the project throughout the project Life Cycle

Empower yourself with adequate signature authorization and project target agreements to manage small and C-category projects as a commercial project entrepreneur

Support the PM in managing and optimizing financial results with professional care (e.g., project gross profit, cash flow, assets, and financing instruments)

Ensure an adequate handover phase, analyze customer requirements, and examine their commercial and contractual feasibility, including ECC matters

Drive the review and evaluation of contract conditions, including all attachments, ensuring examination by Legal

Support the PM in identifying, evaluating, and assessing risks and opportunities, and developing strategies and response activities

Manage Project Finances

Ensure accuracy of cost and pricing calculations, project books, and records in systems like SAP

Perform month-end activities and prepare commercial documentation for project status meetings, ensuring data accuracy (e.g., FC, cash flow)

Ensure compliance with Siemens FRG and local GAAP requirements, and manage financial guarantees, bonds, and project securities

Support the PM in minimizing non-conformance costs, establishing reporting structures, and implementing lessons learned

Manage risks, contracts, and claims, ensuring compliance with LoA guidelines and risk management processes

Ensure compliance with standards, rules, and regulations, fostering a culture of trust and integrity (e.g., tax regulations, signature rights, segregation of duties, ECC, EHS)

Manage customer requirements and expectations with the PM

Ability to handle multiple midsize projects, prioritize tasks, and interpret and execute contract terms and conditions

Qualification

SAP ExperienceProject Management CertificationFinance KnowledgeAccounting KnowledgeMulti-taskingCustomer OrientationTeam Collaboration

Required

BS/BA in Finance, Accounting, Supply Chain Management

SAP Experience

10% travel