Job Family: Finance

Req ID: 418261

Looking for challenging role? If you really want to make a difference - make it with us

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At Siemens Energy, we can. Our technology is key, but our people make the difference. Brilliant minds innovate. They connect, create, and keep us on track towards changing the world’s energy systems. Their spirit fuels our mission.

Our culture is defined by caring, agile, respectful, and accountable individuals. We value excellence of any kind. Sounds like you?.

We are looking for Commercial Project Manager

You’ll make a difference by:

Organizational Project Set-Up

• Active Customer Relationship Management. Proactively communicate with customer's commercial representatives and manage solving of commercial issues.

• Checking that the overall project's contractual structure has been correctly created in the respective commercial tools.

Cross-Company coordination

• Assurance of the correctness, consistency, and transparency of the overall project's financial status

• Coordination of legal, fiscal and insurance subjects between the Siemens companies involved.

• Consolidation and analysis of project figures across all company boundaries and accounting units

• Managing of internal and external claims between all possible stakeholders

Reporting

• Responsible for summarized global reporting to the relevant Management level.

• Documentation in line with the mandatory internal and external requirements

Project-internal

• Managing commercial and legal subjects in the project

• Collaboration with the Project Manager in terms of the project's strategic orientation and its respective internal and external communication. Support the Project Manager to achieve the financial results according to set targets, managed with due professional care and optimize the project gross profit, cash flow and assets and financing instruments.

• Adherence to fiscal, commercial-law and company-internal rules

• Commercial project coordination (e.g. application for and follow-up of bank guarantees, insurances, etc.) as well as coordination of legal, fiscal and insurance subjects

• Order entry calculation, concurrent costing and final costing. Ensure correct allocation and monitoring of costs

• Asset and cash flow management - Optimize operating working capital throughout the project lifecycle to ensure positive free cash flow

• Preparation of invoices and follow-up of claims

• Project-internal controlling (deadlines, costs, quality)

· Regular project reporting / project status meetings / milestone reviews

• Involves in the creation of final project reports and summarization of lessons learned with feedback to the organization.

• Overall handling of fiscal, currency-related aspects and insurance subjects, involving the responsible department and taking into consideration internal business models

• Steers the project's supply chain incl. procurement, delivery and ECC.

• Calculation of Price Variations based on escalation formulae as per application indices and ensuring claim realization from customer and to vendors.

· Ensure the accuracy of project books and records and keeping our systems updated, e.g. SAP and ensure compliance with Financial Reporting Guidelines

Contract management

• Wording of the commercial and legal contractual conditions with customers, consortium members and subcontractors

• Involves in negotiations as well as interpretation and implementation of contracts in projects

• Analysis and assessment of complex, where applicable international contract constellations

• Drive Contract management throughout the project delivery phase including proactive opportunity and claim management strategies to maximize the project outcome.

Risk, Claim and change order management

• Ascertain own claims from customer and prevention of unjustified claims from vendors.

• Agreement on contractual amendments with regard to the scope of supplies and services, prices, deadlines or other contractually stipulated conditions

• Identification and financial assessment of opportunities and risks, definition and implementation of suitable measures to reduce risks or realize opportunities, and creation of contingencies for remaining risks, active risk and opportunity management.

Desired Skills:

• You are post graduate in accounting or economics, CA/master’s from premier institute will be preferred.

• You should have minimum experience of 5-8 years along with Bachelors/Post graduate degree in Finance.

• Have good communication skill to deal with different stakeholders within/outside organization.

• Working experience on SAP especially SD, FICO modules would be an added advantage

• Should have a growth mindset with an edge for learning and taking up new responsibilities.

We’ve got quite a lot to offer. How about you?

This role is based in “Thane”. You’ll also get to visit other locations in India and beyond, so you’ll need to go where this journey takes you. In return, you’ll get the chance to work with teams impacting entire cities, countries – and the shape of things to come.

We’re Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality and we welcome applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and imagination, and help us shape tomorrow.