Commercial Project Manager

Job Description

Position Overview

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. CPM ensures the compliance of applicable regulations during the offer and project execution phase. The CPM supports the respective Project Manager in other areas with the objective of executing the project according to the defined PM @ Siemens guidelines/standards, customer requirements and the applicable Financial Reporting Guidelines (FRG).  A professional collaboration between the CPM and the Project Manager is key for the overall project success.  

This position will be part of the finance team for the Analytical Product Segment located in Houston, TX


Manage the project throughout the project Life Cycle
Drives own empowerment with adequate signature authorization and project target agreement to manage the project as commercial project entrepreneur – primary projects to be worked categorized as C and ‘small’
Supports the PM in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets and financing instruments)
Ensures an adequate handover phase, analyzes customers’ requirements, examines their commercial and contractual feasibility and transferability, incl. ECC matters
Drives the review and evaluation of the contract conditions incl. all attachments, ensures examination by Legal
Supports the PM and ensures correct methodology for identifying, evaluating, assessing risks & opportunities, strategies and response activities
For cross border projects: synchronizes contract structure with tax and delegation concept; preparation and signature of NCM mandatory documents
Manage Project Finances
Ensures the accuracy of cost and pricing calculation as well as overall project books and records, incl. recording of such in appropriate systems, e.g. SAP 
Performs applicable requirements for month end activities
Prepares commercial documentation for regular project status meetings and ensures the accuracy of the commercial project data (i.e. FC, cash flow)
Ensures compliance with Siemens FRG and local GAAP requirements
Ensures the application and the continuously managing of financial Guarantees, Bonds and project securities
Supports the PM in identifying, minimizing non-conformance costs and establishing an appropriate reporting structure; supports the implementation of lessons learned into own project and the organization in general
Manage the risks, contract and claims by ensuring compliance with LoA guidelines for commercial aspects, e.g. risk management process
Manage the compliance to standards, rules and regulations of (commercial) project members to act according to the Business Conduct Guidelines and establishes a culture of trust and integrity (e.g. adherence of tax regulations, delegation of employees, ICFR, Signature rights, segregation of duties, ECC, EHS),  OR, Legal and Compliance, HR (incl. Delegation process), ECC, Customs, external auditors, etc.
Manages the customer's requirements and expectations with the PM. 
Ability to work a large number of midsize projects and prioritize.
Ability to interpret and execute contract (customer and supplier) terms and conditions.

Required Knowledge/Skills, Education, and Experience

BS/BA in related discipline or advanced degree.  
SAP or Oracle experience and knowledge
Siemens CPM Certification or PMP Certification is required
Small or ‘C’ Project management experience a plus
The candidate should have demonstrated skills to work effectively in a team-oriented environment.
Ability to multi-task and work under pressure to meet deadlines is required
10% travel
Qualified Applicants must be legally authorized for employment in the United States.
Qualified Applicants will not require employer sponsored work authorization now or in the future for employment in the United States.

Preferred Knowledge/Skills, Education, and Experience

Demonstrates and applies a broad knowledge of field of specialization through successful completion of assignments.   
Demonstrates knowledge of organization's business practices and issues.
5-7 years of successful experience in related field and successful demonstration of Key Responsibilities and Knowledge as presented above.

Organization: Digital Industries

Company: Siemens Industry, Inc.

Experience Level: Experienced Professional

Job Type: Full-time

Equal Employment Opportunity Statement
Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

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