Commercial Project Manager

Siemens Energy; Karachi Division; On-site; PKR 1,800,000 - 3,200,000; Full time

Benefits offered by this job

Opportunity to work on challenging and

Remote/flexible work

Professional support and collaboration

Professional development opportunities

Job summary

Siemens Energy in Karachi is seeking a Certified Project Manager to lead commercial/financial aspects of complex projects in a fast-paced, agile environment. You will support the Project Manager and ensure adherence to PM standards and FRG guidelines.

Responsibilities include analyzing requirements, managing cost, pricing, procurement and contract changes, and safeguarding financial performance with IFRS compliance. Strong communication and SAP/Spiridon proficiency are essential.

Qualifications

• 3–5 years as CPM on long-term, complex 'C' category projects; degree in Accounting or Finance.
• Master's degree or relevant certifications are advantageous.

Responsibilities

• Analyze customer requirements and assess commercial/contract feasibility for implementation.
• Monitor and optimize project financials: gross profit, cash flow, assets.
• Ensure cost/pricing accuracy and maintain project books in Spiridon.
• Manage risks/opportunities and change orders with partners.
• Oversee procurement, supplier payments, and insurance for projects.

Skills

Project management

Financial accounting

MS Excel

PowerPoint

SAP

Forecasting

English communication

Education

Bachelor's in Accounting or Finance

Master's degree advantageous

Tools

Spiridon

SAP

Job description

A Snapshot of Your Day

You work in an agile environment responsible for the completion of all commercial/financial related matters. Furthermore, supporting the respective Project Manager in all other areas with the objective of executing the project according to the defined Project Management (PM) standards, customer requirements and the applicable Financial Reporting Guidelines (FRG).

A Snapshot of Your Day

You work in an agile environment responsible for the completion of all commercial/financial related matters. Furthermore, supporting the respective Project Manager in all other areas with the objective of executing the project according to the defined Project Management (PM) standards, customer requirements and the applicable Financial Reporting Guidelines (FRG).

How You’ll Make An Impact

• Ensure an adequate project handover phase by analyzing customer requirements and examining the commercial and contractual feasibility for implementation, while managing multiple projects alongside Field Services and other transactional business.
• Monitor and optimize targeted financial results with professional care, focusing on project gross profit, cash flow, assets, and financing instruments, while ensuring compliance with applicable guidelines (e.g., SFRGs, NCM, LoA, transfer pricing, tax, BCGs, ECC, and relevant laws).
• Ensure accuracy in cost and pricing calculations, maintain overall project books and records in appropriate systems (e.g., Spiridon), and prepare all necessary commercial documentation for project records, review meetings, and audits.
• Manage project risks and opportunities in collaboration with the Project Manager, handle change orders and claims with contractual partners, and manage foreign currency risk in line with hedging/currency guidelines.
• Support relevant project procurement and logistics topics, manage suppliers and subcontractors' payment certification and processing, and oversee project guarantees, bonds, and insurance.
• Address stakeholder requirements from customers, subcontractors, internal management, consortium partners, and team members, while regularly performing lessons learned activities on commercial aspects and ensuring proper handling of petty cash.

What You Bring

• Minimum 3-5 years of experience as a Certified Project Manager (CPM) handling long-term and complex "C" category projects, with a Bachelor's degree in Accounting or Finance; a Master's degree or relevant certifications would be advantageous.
• Proficient in project management methods, processes, and tools, with experience in business processes related to project execution, sales, and purchasing.
• Strong understanding of accounting principles, including IFRS and FRGs, along with expertise in asset management and contract/claim management.
• Skilled in project risk and opportunity management, ensuring effective identification and mitigation of potential issues.
• Command over MS Office applications, particularly Excel and PowerPoint, with proficiency in related SAP modules for project management and reporting.
• Excellent oral and written communication and presentation skills in English, with experience in forecasting, reporting, and analysis to support project decision-making.

About The Team

Our Gas Services division offers Low-emission power generation through service and decarbonization. Zero or low emission power generation and all gas turbines under one roof, steam turbines and generators. Decarbonization opportunities through service offerings, modernization, and digitalization of the fleet.

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo

Our Commitment to Diversity

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.

Rewards/Benefits

• Opportunity to work on challenging projects in an exciting environment
• Opportunity for remote/flexible work
• Professional support and strong collaboration with colleagues around the world
• Professional development opportunities within the company

https://jobs.siemens-energy.com/jobs