Commercial Project Manager

Siemens; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A global engineering firm is seeking a skilled Commercial Project Manager to oversee project finances and ensure timely execution and compliance. The ideal candidate will have a degree in finance or accounting and 4 to 6 years of experience in project management. Strong analytical skills and proficiency in SAP are required. Join the team to work on innovative projects that contribute to societal advancement and sustainability in Saudi Arabia.

Qualifications

• 4–6 years of experience in commercial project execution & controlling.
• Strong understanding of project controlling and contract management.
• Proven track record of analytical and detail-oriented work.

Responsibilities

• Ensure timely project booking/opening in SAP.
• Manage and control project finances and deviations.
• Conduct regular project reviews and audits.

Skills

Project controlling

Financial analysis

Interpersonal skills

Analytical skills

SAP

MS Office (Excel, PowerPoint, Word)

Education

Bachelor's or advanced degree in finance & accounting

Tools

SAP Business Warehouse

Job description

Siemens strongly believes in the value of a Digital Portfolio; hence Smart Infrastructure combines Digital Power Distribution and Digital Building Infrastructure technologies. Our Digital Portfolio will enable our customers to enjoy occupants' intuitive buildings which are comfortable, safe, secure and energy efficient.

Smart infrastructure from Siemens intelligently connects energy systems, buildings, and industries to adapt and evolve the way we live and work. We work together with customers and partners to build an ecosystem that intuitively responds to the needs of people and helps customers to better use resources. It helps our customers to thrive, communities to progress and supports sustainable development.

Join our Smart Infrastructure (Electrification & Automation) as Commercial Project Manager and help us re-imagine the world by finding solutions and making the world a smarter place for tomorrow.

Your Role International, Challenging And Future-Oriented!

• Ensuring appropriate and timely Project booking/opening in SAP—including definition of revenue recognition method (SDI, CCM, POC), definition of project structure and partner roles, planning of cost and revenue, arranging of insurances and guarantees.
• Commercial Project Management and Controlling including ongoing analysis of plan/actual deviations on project level and within WBS structure.
• Ongoing update of project calculation, timely invoicing and ensure timely collection of payments, regular project reviews and status meetings, project reporting as the need arises, regular checks of project bookings/assigned cost and corrections if required.
• Forecast and Reporting including support of Business Lines in monthly/quarterly Forecast process related to Order Intake, Net Sales, Gross Margin/Gross Profit, project related provisions/accruals.
• Timely checks for project related provisions/accruals/risk contingencies on basis of adequate documentation.
• Opportunity & Risk Management including identification and financial assessment of opportunities with PM, define and implementation of suitable measures for reducing risks and realizing opportunities and taking precautions for remaining risks (provisions / risk contingencies according to IFRS).
• Claim, Change Order Management and Contract Management including contract reviews, commercial analysis of customer and supplier contracts for claim or variation order potential. Assertion of own claims ward off unjustified claims, preparation of claims including documentation.
• Support internal & external project audits as required, and perform project close out activities.

Your Qualifications And Skills Digital And Solid!

• Bachelor's or advanced degree in finance & accounting.
• 4 – 6 years of experience working in a commercial project execution & controlling.
• Certified PM@ Siemens.
• General knowledge and understanding of project controlling, accounting / finance, contract & subcontract management, and supply chain management.
• Experience working on project/product teams supporting multiple projects and project managers and/or line managers.
• Strong interpersonal skills and ability to work cross-functionally between departments.
• Analytical and detail-oriented; ability to systematically work through complex topics.
• Exceptional communication skills.
• Proactive and results-oriented with ability to multi-task and prioritize dynamic work activities.
• SAP and SAP Business Warehouse.
• MS Office (Excel, PowerPoint, Word) with advanced Excel skills.

What else do you need to know

As a world leader in developing and producing the most advanced engineering technologies, we improve lives and further human achievements worldwide, while also protecting the climate – all thanks to our employees. Working with us, you have the foundation to develop personally and professionally. We give you the chance to do something significant, that benefits society and human progress. We give you the chance to create a difference.

Diversity at Siemens is our source of creativity and innovation. Having different types of talent and experiences makes us more ambitious and better prepared to respond successfully to the demands of society. Therefore, we value the candidates that reflect the diversity we enjoy in our company.

At Siemens we are always challenging ourselves to build a better future. We need the most innovative and diverse Digital Minds to develop tomorrow's reality. Find out more about the digital world of Siemens here: www.siemens.com/careers/digitalminds

We are looking forward to receiving your online application.

Please note: Only complete applications can be considered in the selection process.