Commercial Project Manager- Finance

Job Family: Electrification & Automation

Req : 523509

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.

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.

Responsible for the completion of all projects 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).

Professional collaboration between the CPM and the Project Manager is key for the overall project success.

This position is based in Wendell, North Carolina, and follows a remote work model, allowing employees to work primarily from a home office while supporting business needs as required.

• 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

• Ensures 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, contracts 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…