Commercial Project Manager- Finance

About the role

Siemens Smart Infrastructure intelligently connects energy systems, buildings, and industries. We help our customers thrive, communities progress, and support sustainable development to protect our planet for the next generation. 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.

This position can be based in Wendell, NC or fully remote based on experience.

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. Ensures compliance with applicable regulations during the offer and project execution phase.
• 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 overall project success.
• Manages the project throughout the project life cycle, driving empowerment with adequate signature authorization and project target agreement to manage the project as a commercial project entrepreneur—primary projects 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, including ECC matters.
• Drives the review and evaluation of contract conditions, including all attachments, and ensures examination by Legal.
• Supports the PM and ensures correct methodology for identifying, evaluating, assessing risks & opportunities, strategies, and response activities.
• Manages project finances by ensuring the accuracy of cost and pricing calculations as well as overall project books and records, including recording in appropriate systems (e.g., SAP).
• Performs applicable requirements for month-end activities and prepares commercial documentation for regular project status meetings, ensuring the accuracy of commercial project data (i.e., FC, cash flow).
• Ensures compliance with Siemens FRG and local GAAP requirements.
• Ensures the application and continuous management of financial guarantees, bonds, and project securities.
• Supports the PM in identifying and minimizing non-conformance costs and establishing an appropriate reporting structure; implements lessons learned into own projects and the organization.
• Manages risks, contracts, and claims by ensuring compliance with LoA guidelines for commercial aspects (e.g., risk management process).
• Ensures compliance with standards, rules, and regulations for (commercial) project members to act according to Business Conduct Guidelines and establishes a culture of trust and integrity (e.g., adherence to tax regulations, signature rights, segregation of duties, ECC, EHS).
• Manages customer requirements and expectations with the PM.
• Ability to work on a large number of midsize projects and prioritize effectively.
• Ability to interpret and execute contract (customer and supplier) terms and conditions.

Requirements

• BS/BA in a related discipline or advanced degree (Finance, Accounting, Supply Chain Management).
• 2+ years of successful experience in a related field and successful demonstration of key responsibilities and knowledge as presented above.
• SAP experience and knowledge.
• 10% travel.

Preferred Qualifications

• Siemens CPM Certification or PMP Certification is a plus.
• Small or ‘C’ project management experience is a plus.
• Demonstrated skills to work effectively in a team-oriented environment.
• Ability to multi-task and work under pressure to meet deadlines.
• Demonstrates knowledge of organization’s business practices and issues.
• Self-motivated with a customer orientation and clear growth and entrepreneurial mindset.

Pay

This position will be hired at one of two job levels based on candidate qualifications and experience:

• 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.

The final level will be determined at the time of offer and will be based on the selected candidate’s skills, experience, and overall alignment with the role.