Job Family: Finance

Req ID: 421765

We know that a business only thrives if our people are thriving. That’s why we always put our people first. Our global and diverse team would be happy to support you and challenge you to grow in many ways. Who knows where our joint journey will take you?

At Siemens, we are on a constant search for bright and innovative minds to fill our ranks. If you are a fast learner, creative, able to work with multi-cultural and multi-discipline teams and have a strong desire to be a winner, we dare you to test your limits with Siemens. We are currently looking for a Commercial Project Manager.

You’ll make an impact by

Supporting the Project Manager in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets and financing instruments).

Managing the project throughout the project Life Cycle

• Ensuring compliance with internal controls and regulations including ICFR

• Identifying and evaluate risks and opportunities in collaboration with the PM.

• Reviewing contracts and coordinate with legal experts.

• Ensuring smooth project handover, analyze customer needs, and assess commercial feasibility.

• Participating in sales and project initiation phases.

Managing project finances:

• Ensuring calculations for project costs and pricing are correct, and keeps project financial records up-to-date in systems like SAP.

• Preparing financial documents for project meetings and ensures the accuracy of financial data like forecasts, cost estimates, and cash flow.

• Managing project assets, initiates invoices based on project progress and contracts.

• Following Siemens' financial regulations and local accounting standards (Siemens FRG and local GAAP) requirements.

• Managing financial guarantees, bonds, and other project securities.

• Working with the project manager to identify and reduce unnecessary costs, and helps implement lessons learned to improve future projects

Commercial Management:

• Ensuring contracts, claims, and risk management comply with company guidelines (LoA).

• Negotiating contracts, claims, and change orders with a focus on commercial benefits.

• Working with the project manager to set up contract and claim management processes.

• Identifying, assessing, and managing all commercial risks (financial, legal, etc.).

• Analyzing credit risks of potential customers (with Procurement for suppliers).

• Communicating relevant contractual obligations to the project team.

Compliance & Governance:

• Following ethical business practices and establishes a culture of integrity.

• Ensuring compliance with various regulations (tax, anti-corruption, etc.) and involves relevant departments (Compliance, Legal) when needed.

Project Team Management:

• Attending team meetings, seeking feedback, and promoting work-life balance for themselves and the team.

• Collaborating effectively with commercial managers and experts.

Stakeholder Management:

• Supporting stakeholder analysis with the project manager.

• Communicating effectively with internal and external stakeholders (HR, customers, suppliers, etc.).

• Ensuring smooth execution of tasks with various departments (Finance, Legal, HR, etc.).

• Collaborating with Procurement and Logistics (if applicable).

Customer Focus:

• Gathering information on customer needs, strategies, and goals (commercial aspects).

• Building relationships with senior customer management.

• Managing customer expectations with the project manager.

• Conducting regular reviews of commercial lessons learned and shares insights with the project and organization.

You’d describe yourself as

• Having Bachelor Degree in Finance, Accounting, or related disciplines

• Having related professional experience min. 2 years

• Proficient in English (reading and written)

• Computer literacies (MS. Office)

• SAP FIN knowledge / skills will be an advantage

• Good Communication skills

We value your unique identity and perspective and are fully committed to providing equitable opportunities and building a workplace that reflects the

diversity of society. Come bring your authentic self and create a better tomorrow with us.

Create a better #TomorrowWithUs!