Commercial Project Manager
7 months ago
**A Snapshot of Your Day**
You are involved in a variety of activities in supporting the financial planning and analysis, such as: budget and forecast planning, month
- and year-end closing activities, and deviation analysis.
Additionally, you will drive projects in our team, e.g. around process optimization, simplification & project financial performance improvement.
**How You’ll Make an Impact**
- Commercial support for GT GS and GT PR project execution
- Ensures the accuracy of project books and records, including recording and reporting of such transactions in the relevant systems e.g. SAP
- Perform various general ledger activities including project related journal entries and balance sheet account reconciliations.
- Support of Internal and External Audits as required.
- Prepares commercial documentation for regular project status meetings and ensures the accuracy of the commercial project data
- Responsible for updating the monthly project forecast and communicate risks and opportunities regarding financial impacts.
- Provides regular business reports, with respect to overall performance, and recommends actions to accountable management including but not limited to preparation and analysis of project cash flow forecasts and other project reports such as Order on Hand Reporting, Quarterly Financial Project Review, Currency Risk Exposure, OCC reporting & analysis, Project Changes on Plan Revenue & Plan Cost.
- Hedging - treasury dealings for buy/sell of foreign currency cash flows.
- Carries out ad-hoc analyses and profitability calculations.
- Ensures compliance with Siemens FRG (Financial Reporting Guidelines) and local GAAP requirements.
- Responsible for month-end and quarterly closing.
- Procurement and logistic activities in cooperation with project managers in negotiations with suppliers and subcontractors.
- Execution of the commercial part of orders such as commercial terms and conditions of contracts, bank guarantee, insurance, etc.
- Process and handle customer invoicing of milestones /invoicing according to contract agreement.
- Process and handles execution of claims from consortium partners and affiliates as per agreement.
- Accounts receivable management: Follow up of due / overdue invoices with customers.
- Handles/coordinates with Tax Dept local tax compliance such as withholding tax/ SST/ Import Duties etc.
**What You Bring**
- Sound Degree in Finance/ Economic/ Business/ Accounting field
- Proven record of experience with controlling & reporting at least 10 years
- Good ability to present and formulate clearly own ideas and proposals for improvements
- Strong personal drive to lead and accelerate the business growth together with smart perception of business needs of the company
- Good communication skills,
- Have a growth mindset
- A team player to achieve goal
**About the Team**
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. 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.
**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.
**Rewards/Benefits**
- Opportunities to experience cross country and region working environments.
- Opportunities to drive regional and global projects.
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