Commercial Project Manager
Siemens Energy
Date: 2 weeks ago
City: Ahmedabad, Gujarat
Contract type: Full time
A Snapshot of Your Day
As a Commercial Project Manager, you will play a pivotal role in managing all commercial and financial aspects of our projects. You will collaborate closely with customers, regional entities, and internal departments to ensure adherence to project timelines and objectives, ultimately enhancing project outcomes and customer satisfaction.
How You’ll Make An Impact
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. Candidates want to learn about the divisions they will be joining–the structure, how it works together, and the role it plays in driving Siemens Energy’s mission forward.
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 balanced, 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.
"Let’s make tomorrow different today" is our genuine dedication at Siemens Energy to all customers and employees on the way to a balanced future.
Check out this video to learn more about Siemens Energy: https://www.siemens-energy.com/employeevideo
Our Commitment to Diversity
Lucky for us, we are not all the same. Through diversity, we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.
Regards
As a Commercial Project Manager, you will play a pivotal role in managing all commercial and financial aspects of our projects. You will collaborate closely with customers, regional entities, and internal departments to ensure adherence to project timelines and objectives, ultimately enhancing project outcomes and customer satisfaction.
How You’ll Make An Impact
- Lead and manage projects throughout the entire project life cycle.
- Actively engage in sales handing over and project initiation phases, including customer requirements analysis and commercial feasibility assessments.
- Review and evaluate contract conditions, ensuring legal scrutiny and compliance.
- Conduct commercial project status meetings with stakeholders to ensure alignment and transparency.
- Apply appropriate methodologies for evaluating risks and opportunities, developing response strategies as needed.
- Ensure adherence to regulations, including the role of the CPM as per FRG, NCM guidelines, and specific regulations.
- Coordinate onshore and offshore allocations with the Project Manager and other stakeholders.
- Ensure compliance with internal controls (RIC), including ICFR.
- Verify cost and pricing calculations, maintaining accurate project books and records, including SAP data.
- Prepare commercial documentation for regular project status meetings, ensuring data accuracy (FC, MIKA, cash flow).
- Manage asset management and initiate invoicing per project progress and contractual terms.
- Ensure compliance with Siemens Energy FRG and local GAAP requirements.
- Oversee the application and management of financial guarantees, bonds, and project securities.
- Support the PM in identifying and minimizing non-conformance costs and implementing lessons learned.
- Independently handle all commercial tasks in several projects, including defining commercial terms, accounting, payment transactions, currency management, taxes, customs, claim management, and project budgets.
- Collaborate with the technical project manager, representing your projects to all internal and external partners, focusing on commercial and legal aspects.
- Conduct risk and opportunity analysis with the technical project manager, defining financial impacts and developing risk mitigation measures and opportunity realization strategies.
- Prepare timely and accurate project financial forecasts, including revenue, profit, and cash planning, and lead status meetings.
- Bachelor’s / Masters degree in Business Administration, Financial Accounting, or a comparable field.
- Professional experience in commercial project execution, sales/bid management, controlling/reporting, or a comparable financial role.
- Solid knowledge of project planning, management, and controlling; ideally certified as a Commercial Project Manager.
- Understanding of HGB and IFRS; basic knowledge of contract law, customer negotiation, LoA processes, and payment securities.
- Advanced MS Office and SAP skills; experience with dashboards and data-management systems is a plus.
- Excellent interpersonal and communication skills; highly self-motivated with the ability to work independently; fluent in English.
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. Candidates want to learn about the divisions they will be joining–the structure, how it works together, and the role it plays in driving Siemens Energy’s mission forward.
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 balanced, 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.
"Let’s make tomorrow different today" is our genuine dedication at Siemens Energy to all customers and employees on the way to a balanced future.
Check out this video to learn more about Siemens Energy: https://www.siemens-energy.com/employeevideo
Our Commitment to Diversity
Lucky for us, we are not all the same. Through diversity, we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.
Regards
- We offer options to work flexibly, especially after successful onboarding – whether it be working remotely, flexible working hours or a combination of both
- Working with a distributed team
- Opportunities to work on and lead a variety of innovative projects
- Supportive work culture
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