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Commercial Project Manager

Job ID
478946
Posted since
18-Sep-2025
Organization
Siemens Energy
Field of work
Finance
Company
SIEMENS ENERGY INDIA LIMITED
Experience level
Experienced Professional
Job type
Full-time
Work mode
Office/Site only
Employment type
Permanent
Location(s)
  • Gurugram - Haryana - India
Role: Commercial Project Manager
Location: Gurgaon

Project Management:
• Lead and manage projects throughout the entire project life cycle.
• Active involvement in sales and project initiation phases, including customer requirements analysis, commercial and contractual feasibility assessment, and ECC matters.
• Review and evaluation of contract conditions, including legal scrutiny.
• Conduct commercial project status meetings with stakeholders.
• Ensure the correct methodology for evaluating risks and opportunities is applied.
• Identify, evaluate, assess risks and opportunities, and develop appropriate response strategies.
• 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.
• Ensure compliance with internal controls (RIC), including ICFR.

Project Finances:
• Verify cost and pricing calculations and maintain accurate project books and records, including SAP data.
• Prepare commercial documentation for regular project status meetings and ensure data accuracy (FC, MIKA, cash flow).
• Manage asset management and initiate invoicing per project progress and contractual terms.
• Ensure compliance with Siemens 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.

Risk, Contract, and Claims Management:
• Ensure compliance with LOA guidelines for commercial aspects and risk management processes.
• Participate in contract/claim/change order negotiations for commercial aspects.
• Establish a contract and claim management framework, involving the assigned CM when necessary.
• Summarize critical and legal elements, ensuring their consideration in partner/subcontractor contracts.
• Identify, assess, respond to, monitor, report, and escalate all commercial risks, such as calculations, tax, insurances, and currency.
• Communicate relevant commercial contractual obligations/conditions to project team members.
• Participate in the Change Management Authority (change control board) for change request review and approval.
• Perform credit risk analysis for potential customers, in collaboration with Global Procurement for suppliers.

Compliance to Standards, Rules, and Regulations:
• Lead project members to adhere to Business Conduct Guidelines and promote a culture of trust and integrity.
• Ensure compliance with relevant tax regulations, including PATAC, NCM, and PE management.
• Compliance with export control regulations.
• Adherence to hedging/currency regulations.
• Support PM in establishing a framework for regular compliance checks in the project.