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Commercial Project Manager
Here at Siemens, we take pride in enabling sustainable progress through technology. We do this by 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?
Transform the everyday with us!
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)
The Electrification and Automation business unit, headquartered in Wendell, North Carolina, delivers innovative energy distribution systems and solutions that support today's power grids while investing in the power distribution grid of the future.
We are looking for a Commercial Project Manager. This position can be based in Wendell, NC or fully remote based on experience.
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 compliance with 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.
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.
Additional Qualifications/Responsibilities
Required Knowledge/Skills, Education, and Experience
BS/BA in related discipline or advanced degree (Finance, Accounting, Supply Chain Management)
2+ years of successful experience in related field and successful demonstration of Key Responsibilities and Knowledge as presented above.
SAP experience and knowledge
10% travel
Preferred Knowledge/Skills, Education, and Experience
Demonstrates and applies a broad knowledge of field of specialization through successful completion of assignments.
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
Demonstrates knowledge of organization's business practices and issues.
Self-motivated with customer orientation and clear growth and entrepreneurial mind-set
Job Level Disclosure
This position will be posted and hired at one of two job levels based on candidate qualifications and experience in a related field and successful demonstration of Key Responsibilities and Knowledge as presented above
Level 8: Requires a minimum of 1 year of applicable professional experience Salary Range: $61,547 - $105,509
Level 7: Requires a minimum of 2 years of applicable professional experience- Salary Range: $74,970 - $128,520