Commercial Project Manager

A Snapshot of your dayThe Commercial Project Manager is a key organizational role within the Small Gas Turbines Project Management team, co-leading projects alongside the Technical Project Manager. Operating with high financial governance, the CPM takes full responsibility for all commercial, financial, and contractual matters to optimize targeted financial results and ensure execution with due professional care. In this role, the CPM manages the project's financial lifecycle, including budgeting, forecasting (revenue, profit, and cash), risk/opportunity assessment, and cash flow optimization through proactive invoicing and cost management.

The position ensures strict compliance with local GAAP, Financial Reporting Guidelines (FRG), and internal controls, while maintaining accurate project books and records within systems like SAP. Collaborating closely with international and intercultural project teams, the CPM handles contract administration, claim management, and change order negotiations. By proactively managing customer expectations and mitigating non-conformance costs, this role plays a vital part in driving operational excellence and supporting the global energy transition.

• Prepare commercial documentation for regular project status meetings and ensure the accuracy of commercial project data
• Forecast revenue, profit, and cash flow, and ensure accurate recording of project books and records in SAP
• Initiate invoicing according to project progress and contractual terms, actively managing costs to optimize cash flow
• Ensure compliance with local GAAP requirements, Financial Reporting Guidelines (FRG), and internal controls
• Identify, evaluate, and assess project risks and opportunities in collaboration with the Technical Project Manager
• Proactively manage contract administration and claim management for projects, both upstream and downstream
• Co-lead contract, claim, and change order negotiations with external and internal stakeholders
• Ensure timely contractual notifications are made and manage financial guarantees, bonds, and project securities
• Co-lead projects with the Technical Project Manager to optimize targeted financial results according to PM standards and customer requirements
• Support the identification and minimization of non-conformance costs and establish appropriate reporting structures
• Manage customer expectations collaboratively and support the implementation of lessons learned into the organization

• Chartered Institute of Management Accountants (CIMA)
• Association of Chartered Certified Accountants (ACCA)
• Project Management Professional (PMP) or equivalent commercial PM certification
• Bachelor's degree in Business Administration, Finance, Accounting, or a related field
• Minimum of 3-5 years of experience in commercial project management, project controlling, or financial management
• Experience working with international projects and intercultural teams within the engineering or energy sector
• Project Financial Controlling
• Budgeting and Forecasting (Revenue, Profit, Cash)
• GAAP & Financial Reporting Guidelines (FRG)
• SAP ERP (Financial Modules)
• Contract Law & Administration
• Claim and Change Order Negotiation
• Risk & Opportunity Management
• Financial Guarantees & Bonds Management
• Stakeholder Management
• Cross-functional & Intercultural Collaboration
• Analytical Thinking & Problem Solving

At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy…