Commercial Project Manager, Finance- Utilities Vertical

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrive is if our people are thriving. That’s why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you?

Transform the everyday with us

Siemens Smart Infrastructure intelligently connects energy systems, buildings, and industries. We help our customers to thrive, communities to progress and support sustainable development to protect our planet for the next generation. Siemens is a team of about 380,000 colleagues around the globe and help us create environments that care.

Electrification and Automation (EA) Headquartered in Wendell, NC, the Electrification and Automation (EA) Business Unit offers the full range of energy distribution systems and solutions for all markets and through all sales channels. We provide reliable power distribution grids of today while investing into our Future Grids portfolio to create the power distribution grid of the future.

We are looking for a Commercial Project Manager, Finance based in Wendell, North Carolina and is a remote position. The CPM will manage Strategic Customer projects within SI EA Utility vertical.

Main 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.

Basic Qualifications

• BS/BA in Finance, Accounting, Supply Chain Management
• SAP Experience
• 10% travel

Preferred Qualifications

• Demonstrates and applies a broad knowledge of field of specialization through successful completion of assignments.
• Demonstrates knowledge of organization's business practices and issues.
• Qualified as Project Manager & Manages (at least) S projects.
• Siemens C-CPM Certification
• 2-4 years of CPM experience
• Demonstrates skills to work effectively in a team-oriented environment
• Ability to multi-task and work under pressure to meet deadlines
• Self-motivated with customer orientation and clear growth and entrepreneurial mind-set

You’ll benefit from: