Commercial Project Manager

Siemens AG; Mumbai; On-site; INR 1,200,000 - 2,500,000; Full time

Job summary

Siemens Mobility in Mumbai invites applications for a Commercial Project Manager role. Based in Kalwa, it involves leading forecasting, budgeting, KPI reporting and strong contract oversight across SAP-enabled finance processes.

You will interact with multiple stakeholders, monitor margins, and ensure overall financial health of projects while aligning with group policies and risk controls. Applicants should have 5+ years in commerce/finance with CA/CS/ICWA and advanced Excel skills.

Qualifications

• Minimum 5 years of experience with bachelor’s degree in commerce or finance or accounting along with CA/CS/ICWA with basic understanding of Project Management.
• Having SAP and advanced level of Excel skills will have added advantages.
• Have good communication skills to deal with different stakeholders

Responsibilities

• Monthly Forecasting / Budgeting and monitoring for project including BTA preparation.
• Monitoring KPIs, monthly closings, forecasting and reporting to management and regional HQ.
• Monitoring Order Entry, Provisions, Revenue, EBIT, NCE & FCF; analyze variances.
• Margin analysis and ensuring margin corridor compliance.
• Contract coordination with customers including collection targets and variation orders.
• Detailed COPA, P&L and NCE analysis with corrective actions.
• Audit handling, internal/external and ICFR requirements.
• Interact with HQ; participate in yearly re-org activities for the segment.
• Contract/claim/change order negotiations for commercial aspects.
• Identify, assess, monitor, report, and escalate commercial risks (tax, insurances, currency)

Skills

Communication skills

Project management basics

Education

Bachelor's degree in commerce/finance/accounting

CA/CS/ICWA

Tools

SAP

Excel (Advanced)

Job description

We empower our people to stay resilient and relevant in a constantly changing world. We’re looking for people who are always searching for creative ways to grow and learn. People who want to make a real impact, now and in the future. Does that sound like you? Then it seems like you’d make an outstanding addition to our vibrant team. Siemens Mobility is an independent run company of Siemens AG. Its core business includes rail vehicles, rail automation and electrification solutions, turnkey systems, intelligent road traffic technology and related services. In Mobility, we help our customers meet the need for hard-working mobility solutions. We’re making the lives of people who travel easier and more enjoyable while constantly developing new, intelligent mobility solutions!

We are looking for Commercial Project Manager

You’ll make a difference by

• Monthly Forecasting / Budgeting and monitoring for project including BTA preparation.
• Actively monitoring and reporting of KPIs, monthly closings, forecasting and reporting as required to management as well as regional HQ.
• Monitoring of Order Entry, OCC reports, Provisions, Revenue, EBIT, NCE & FCF for the project. Analyzing the variances/deviations.
• Margin analysis and ensuring the same is within the margin corridor.
• Coordination with customers regarding contract requirements, collection targets, variation orders and other contract related activities.
• Detailed analysis of COPA, P&L and NCE and taking corrective actions on the same.
• Monitoring and controlling inventory/UBC and ensure same is maintained at optimum levels.
• Handling of internal audits/external statutory audits/ICFR requirements.
• Interaction with HQ colleagues and respond and ensure timely closure to their queries.
• Support in the yearly re-org activities for the segment.
• Review and evaluation of contract conditions, including legal scrutiny.
• Conduct commercial project status meetings with stakeholders.
• Ensure the correct methodology for evaluating risks and opportunities is applied.
• Ensure compliance with LoA guidelines for commercial aspects and risk management processes.
• Participate in contract/claim/change order negotiations for commercial aspects.
• Identify, assess, respond to, monitor, report, and escalate all commercial risks, such as calculations, tax, insurances, and currency.

Desired Skills:

• You should have experience of minimum 5 years with bachelor’s degree in commerce or finance or accounting along with CA/CS/ICWA with basic understanding of Project Management
• Having SAP and advanced level of Excel skills will have added advantages.
• Have good communication skills to deal with different stakeholders

Join us and be yourself!

We value your unique identity and perspective and 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.

Make your mark in our exciting world at Siemens.

This role is based in Kalwa, Mumbai. You might be required to visit other locations within India and outside. In return, you'll get the chance to work with teams impacting - 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 encourage 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 creativity and help us shape tomorrow.

Find out more about mobility at: https://new.siemens.com/global/en/products/mobility.html and about Siemens careers at: www.siemens.com/careers.