Job Family: Finance

Req ID: 417744

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 thrives 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?  

Our Smart Buildings help to create efficient, safe, adaptable, and responsible environments. Our aim isn’t just about improving buildings; it’s about creating perfect places that improve people’s lives.

Our Commercial Project Managers (CPM) are responsible for commercial aspects related to customer contracts - from the sales phase to execution, to project completion – and encompass sales controlling, performance measurement, planning, forecasting, and reporting. The CPM partners with Customers, Suppliers, Project Managers, Engineers, Sales, Procurement, Legal, regional and national Finance colleagues, and internal and external Auditors, as well as the Siemens Financial Services Division (the Siemens entity that offers financing solutions to clients).

As a Commercial Project Manager, you will:

• Ensure compliance with commercial and administrational policies, risk management processes, and financial set-up (including WBS, project budget, and internal contractual arrangements) as per Siemens guidelines. Analyze customer requirements for commercial and contractual feasibility and ensure proper handover, financial planning, forecasting, and controlling.

• Support the Project Manager in optimizing financial results (e.g., gross profit, cash flow, assets) with due care, managing and assessing risks & and opportunities, implementing response activities, and driving measures to improve project performance and quality as per Siemens guidelines.

• Manage financial performance, revenue recognition, and compliance with Siemens accounting policies (US-GAAP/IFRS), internal controls (e.g., export control, signature authorities), and contractual requirements (e.g., performance guarantees, insurances, taxes, sureties) to achieve project commitments.

• Support the Project Manager in change management, obtaining verification and approval of variations, managing Account Receivables, issuing timely invoices, and coordinating with purchasing representatives to ensure best available bids and consistent terms with suppliers/subcontractors.

• Actively manage commercial issues with customers' representatives, influence the team for positive action and accountability, and regularly perform and feed lessons-learned activities into the project and organization.

• Ensure data integrity between systems, monitor actual vs planned financials, prevent negative margin slippage, and manage project cash flow and contractual requirements to ensure achievement of project goals.

You will make an impact with these qualifications:

Basic Qualifications:

• Bachelor’s Degree in Accounting, Finance, Business, or related field

• Professional experience in the financial management of complex projects (e.g. Project Coordinator, Contract Administrator, or other similar position); either the type of construction projects completed by Siemens or industry similar, non-construction projects completed by other Siemens divisions, or similar industry-related projects

• Proficiency with Microsoft Office

• Legally authorized to work in the United States on a continual and permanent basis without company sponsorship

Preferred Qualifications:

• Certified Public Account certificate

• Proficiency with SAP Modules

• Master’s Degree

• 8+ years of professional experience in the financial management of complex projects (e.g. Project Coordinator, Contract Administrator, or other similar position); either the type of construction projects completed by Siemens or industry similar, or non-construction projects completed by other Siemens divisions

You’ll benefit from:

• Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html

• The pay range for this position is $88,340-$151,440 and the annual incentive target is 10%. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications and premium geographic location.

Ready to create your own journey?  Join us today and help create a better #TomorrowWithUs!

About Siemens:

We are a global technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to sustainable transportation as well as advanced healthcare, we create technology with purpose adding real value for customers.

Our Commitment to Diversity, Equity, and Inclusion:

We value your unique identity and perspective. We are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us. Learn more about our commitment to DEI here (https://www.siemens.com/us/en/company/environmental-society-governance/diversity.html) .

Protecting the environment, conserving our natural resources, fostering the health and performance of our people as well as safeguarding their working conditions are core to our social and business commitment at Siemens. They are an integral part of our Business Conduct Guidelines and our corporate strategy.

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