Commercial Manager (Offers and execution)

Chartered Institute of Procurement and Supply (CIPS); Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading procurement institute in Saudi Arabia is seeking a skilled finance manager to oversee commercial activities and financial operations for project contracts. You will collaborate with various stakeholders, manage budgets, and ensure compliance with financial standards. The ideal candidate holds a Bachelor's degree and has over 3 years of experience in financial management with strong skills in SAP and data analysis. Competitive salary and benefits offered.

Benefits

Opportunities to work with a global team

Medical benefits

Competitive Salary Package

Qualifications

• 3+ years of experience managing finances for project contracts.
• Proficient in MS Office, especially Excel and PowerPoint.
• Fluency in English required.

Responsibilities

• Manage all commercial activities for budgetary offers in collaboration with Bidding and Sales team.
• Analyze tender requirements and define business models.
• Oversee project execution with focus on project accounting.

Skills

Financial principles

Project management

SAP (project modules)

Data analysis

Microsoft Excel

Microsoft PowerPoint

Communication skills

Multitasking

Education

Bachelor's degree in business, accounting, or finance

Job description

A Snapshot of your day

Your day involves collaborating with the Bidding and Sales team to analyze tender requirements, define business models, and prepare competitive offers while engaging stakeholders like Legal and Treasury to ensure alignment with company policies. You are also monitoring project costs, preparing financial forecasts, and ensuring that project execution and reporting comply with IFRS standards.

How You'll Make an Impact

• Manage all commercial activities for budgetary and firm offers in collaboration with the Bidding and Sales team, ensuring alignment with company guidelines.
• Analyze tender/offer requirements, identify action items, and engage relevant stakeholders such as Legal, Treasury, and Taxes.
• Define suitable business models based on internal and external regulations and bid strategies.
• Actively participate in bid preparation, pricing processes, customer negotiations on terms and conditions, and take ownership of commercial aspects.
• Oversee project execution alongside the Project Manager, focusing on project accounting, cost control, and forecasting revenues, margins, and cash flows.
• Prepare financial analysis, forecasts, and monthly reporting while ensuring compliance with IFRS revenue recognition and billing milestones.

What You Bring

• Bachelor's degree in business, accounting, or finance.
• Over 3 years of experience managing finances for project contracts.
• Strong understanding of financial principles, project management, and expertise in SAP (especially project modules).
• Proficient in data analysis with strong skills in MS Office, particularly Excel and PowerPoint.
• Ability to multitask, work under pressure, and meet deadlines effectively.
• Excellent communication skills, fluency in English, and a commitment to fostering trust, integrity, and compliance with industry standards.

About the Team

Our Grid Technology division enables a reliable, sustainable, and digital grid. The power grid is the backbone of the energy transition. Siemens Energy offers a leading portfolio and solutions in HVDC transmission, grid stabilization and storage, high voltage switchgears and transformers, and digital grid technology.

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 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.

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

• Opportunities to work with a global team
• Opportunities to work on and lead a variety of innovative projects
• Medical benefits
• Access to a variety of employee resource groups
• Competitive Salary Package