Commercial Project Manager

Siemens Energy; IJmuiden; Hybrid; EUR 85,000 - 120,000; Full time

Benefits offered by this job

Career development opportunities

Diverse & collaborative culture

Remote/flexible work options

Job summary

Siemens Energy is seeking a Commercial Project Manager to oversee the financial and commercial performance of international customer projects across their lifecycle. You will manage budgeting, forecasting, cash flow, invoicing, and risk assessments to drive project profitability.

Collaborate with project managers, customers, vendors, and internal stakeholders to ensure compliance with financial regulations and internal controls, while supporting strategic decision‑making and successful delivery

Qualifications

• Bachelor's or Master's degree in Finance, Business Administration, Economics, or a related field.
• 5-8 years of professional experience in project controlling, commercial project management, or financial planning & analysis.
• Experience as a subject matter expert managing large or complex projects autonomously.
• Strong capabilities in project financial planning and execution, including budgets, forecasts and cash flow.
• Experience with IFRS15, reporting guidelines, and internal controls.

Responsibilities

• Oversee financial and commercial activities during project execution (contract analysis, cost/margin analysis, invoicing, cash flow, risk tracking).
• Support Project Manager in identifying risks, opportunities, and change negotiations with customers/vendors.
• Forecast revenue, profit margin, and cash flow monthly.
• Ensure compliance with IFRS15, reporting guidelines, and internal controls.
• Contribute to bids improvement and lessons learned across projects.
• Manage relationships with external project partners and internal functions.

Skills

Budgeting

Forecasting

IFRS15

Risk management

Education

Bachelor's or Master's in Finance/Business/Economics

Tools

SAP

ERP systems

Job description

Snapshot of Your Day

As a Commercial Project Manager, you will be responsible for overseeing the financial and commercial performance of customer projects throughout their lifecycle. You will manage budgeting, forecasting, cash flow, invoicing, risk and opportunity assessments, and ensure compliance with financial regulations and internal controls. Working closely with project managers, customers, vendors, and internal stakeholders, you will drive project profitability, support strategic decision‑making, and contribute to the successful delivery of complex international projects.

How You’ll Make an Impact

• Handling financial and commercial activities during the project execution, such as contract analysis, cost and margin analysis, guarantees, credit rating, currency/hedging, terms of payment, invoicing, focusing on cash flow, cost tracking, and reporting.
• Supporting the Project Manager in identifying, evaluating, and assessing risks & opportunities, negotiating changes with customers or vendors, as well as developing strategies and response activities.
• Taking ownership for forecasting your projects’ progress in revenue, profit margin, and cash flow on a monthly basis.
• Ensuring compliance with IFRS15, reporting guidelines, and internal controls.
• Supporting the implementation of lessons learned into your own projects and the organization in general, and helping to increase the calculation accuracy of our bids through early involvement.
• Managing relationships with external project partners and internal functions.

What You Bring

• Bachelor's or Master's degree in Finance, Business Administration, Economics, or a related field.
• 5-8 years of professional experience in project controlling, commercial project management, or financial planning & analysis within an international, project-driven organization.
• Demonstrated experience as a subject matter expert, capable of managing large or complex projects with a high degree of autonomy.
• Strong capabilities in project financial planning and execution, including managing the commercial and financial aspects of customer projects, developing budgets, forecasts and cash flow plans, overseeing invoicing and payment milestones, supporting contract and claims management, and conducting financial performance analysis to ensure project profitability and successful delivery.
• Capabilities in reporting, controlling, and forecasting, including the preparation of project status reports and financial forecasts, execution of project month‑end closing activities in compliance with IFRS and company guidelines, maintenance of accurate project data in SAP and other financial systems, and analysis of project profitability, revenue recognition, and working capital to support informed decision‑making.
• Experience in risk, opportunity, and compliance management, including commercial risk assessment, internal controls, and audit coordination to ensure compliance and effective governance.

Rewards/Benefits

• A wide range of professional development and growth opportunities in a global company.
• Encouraging, diverse and collaborative work culture.
• Remote/flexible work and possibilities to travel abroad.
• An attractive, collectively agreed remuneration package with a corporate pension and other fringe benefits.