Commercial Project Manager

Job Description

team of about 380,000 colleagues around the globe and help us create environments that care.

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.

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.

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. 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. 


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

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, 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 (Finance, Accounting, Supply Chain Management)
  • SAP experience and knowledge
  • Siemens CPM Certification or PMP Certification is a plus
  • 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

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.
  • 3-5 years of successful experience in related field and successful demonstration of Key Responsibilities and Knowledge as presented above.

Self-motivated with customer orientation and clear growth and entrepreneurial mind-set

At Siemens, we are committed to an ownership culture, in which every employee takes personal responsibility for our company’s success. We utilize lean principles and seek to continually improve our processes and customers’ experience.

Can you see yourself, learning, growing, and succeeding here? If you are a people-person who loves the rewarding challenge of building a brand, we want to hear from you. If so, we'd like to meet you!

We offer flexible vacation time, a matching 401K plan, profit sharing, full health, life, vision, dental benefits, and much more.

Organization: Smart Infrastructure

Company: Siemens Industry, Inc.

Experience Level: Experienced Professional

Full / Part time: 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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