Commercial Project Manager

Siemens Healthineers in; Malvern (Chester County); On-site; USD 82,000 - 112,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) retirement plan

Life insurance

Disability insurance

Paid parking/public transportation

Paid time off

Paid sick time

Job summary

Siemens Healthineers is seeking a Commercial Project Manager (Finance) to drive financial accuracy and digital process improvements across global projects. You will own budgeting, forecasting, and revenue recognition while coordinating with ERP and finance teams to ensure sound financial performance.

The role emphasizes autonomy, change management, and cost control within a large, matrixed organization. Travel up to 20% is expected as projects span regions.

Qualifications

• Bachelor's degree in Accounting, Finance, or Business; MBA desirable.
• Project Controlling certifications (PMI or IMPA) are preferred.
• 3-5 years of progressive analytical experience in mid-long term Project execution and Services environment
• Proficiency in Microsoft Excel; SAP, MS Power Platforms & Qlik experience preferred.

Responsibilities

• Order Booking: Ensure the accuracy of cost and pricing calculation (ERP).
• Oversee strategic project plans and commercial execution including contract modifications.
• Align with finance teams for performance-based contracts and contract combinations.
• Lead governance and manage third-party financier relationships.
• Execute revenue recognition according to FRG and reconciliations; manage contract assets/liabilities, inventory, A/R, etc.

Skills

Financial analysis

Excel proficiency

Communication skills

IFRS knowledge

Education

Bachelor's degree in Accounting, Finance, or Business; MBA desirable

Tools

SAP

MS Power Platform

Qlik

Job description

Commercial Project Manager (Finance)

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.

This role is pivotal in ensuring financial accuracy and driving digital innovation. By automating processes and providing clear financial insights, the role supports strategic decision-making and contributes to the overall financial performance of the organization. Some of the key aspects for the success of this role are Autonomy, being an agent of change, standardization, and ownership.

Key Responsibilities and tasks:

• Order Booking Ensuring the accuracy of cost and pricing calculation (inc. ERP)


• Oversee strategic project plans and commercial execution including contract modifications.


• Align with finance teams for performance-based contracts and contracts combinations.


• Lead governance and manage third-party financier relationships.


• Execute revenue recognition according to FRG and periodic reconciliations and manage balance sheet positions (contract assets, contract liabilities, inventory, account receivables, etc.) including Final clearing of contract assets and contract liabilities, in line with Risk & Internal Controls


• Monitoring the value flows to ensure quality of books and records.


• Ensure handover phase (PM100 & PM670) and financial bridges in coordination with Project Manager/Engagement Manager


• Analyze and monitoring invoicing, contractual commitments, penalties, documentation pricing, costs, and margins for contract changes.


• Lead project budgeting and forecasting, including cash flows.


• Report on non-conformance and claims, costs and conduct risk analysis and monitor mitigation actions and productivity measures.


• Ensure adherence to accounting guidelines and system improvements.


• Supports accountable management in planning and calculating yearly budgets.


• Consolidate budgets, including top-down and bottom-up plans, and proceeds with revolving midterm plannings, and periodic forecasts during the year.


• Performs comparisons Actual vs. Plan and pursues effects of agreed measures.


• Analyzes and evaluates cost structures, and builds, maintains, and improves the depending on cost accounting system.


• Provides regular business reports, with respect to overall performance, and recommends actions to accountable management.


• Carries out ad-hoc analyses and profitability calculations.


• Contributes to conceptual and project work related to controlling.

Your Expertise:

• Drive financial analysis at very complex levels, to determine accuracy and completeness of information, acting as advisor to management providing feedback & recommendations, support actions to improve financial results.


• Contribute on financial reports development, support on dataset and dashboards for reviews with management financial plans and budgets. Secure conformance to IFRS requirements.


• Conduct commercial/contract activities, pricing, margin calculations, etc.


• Form relationships and collaborate across global matrixed functions.


• Drive continuous improvement, digitalization of processes, tools, collaborative value creation and knowledge sharing.


• Build effective customer and business relationships to achieve goals in alignment with the strategy.


• Collaborate with the different areas (Education, Lifecycle, Order Management, Quote to Booking, Digital and Automation, IT, etc.) and lead resources effectively, to achieve financial excellence and business goals.

Required Skills, Education and Experience for this position:

• Bachelor's degree in Accounting, Finance, or Business; MBA desirable.


• Project Controlling certifications (i.e. PMI or IMPA) are preferred.


• 3-5 years of progressive analytical experience in mid-long term Project execution and Services environment


• Excellent written and verbal communication skills.


• Proficiency in Microsoft Excel.


• SAP, MS Power Platforms & Qlik experience preferred.


• Willing to travel, up to 20%.

Who we are: We are a team of more than 72,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.

How we work: When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual's potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world's most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

To find out more about Siemens Healthineers businesses, please visit our company page here.

The base pay range for this position is:

$81,780 - $112,453

Factors which may affect starting pay within this range may include geography/market, skills, education, experience, and other qualifications of the successful candidate.

If this is a commission eligible position the commission eligibility will be in accordance with the terms of the Company's plan. Commissions are based on individual performance and/or company performance.

The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan. life insurance, long-term and short-term disability insurance, paid parking/public transportation, paid time off, paid sick and safe time.

Equal Employment Opportunity Statement: Siemens Healthineers is an Equal Opportunity and Aff Positive Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

Reasonable Accommodations: Siemens Healthineers is committed to equal employment opportunity. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations.

Export Control: \"A successful candidate must be able to work with controlled technology in accordance with US export control law.\" \"It is Siemens Healthineers' policy to comply fully and completely with all United States export control laws and regulations, including those implemented by the Department of Commerce through the Export Administration Regulations (EAR), by the Department of State through the International Traffic in Arms Regulations (ITAR), and by the Treasury Department through the Office of Foreign Assets Control (OFAC) sanctions regulations.\"

Beware of Job Scams: Please beware of potentially fraudulent job postings or suspicious recruiting activity by persons that are currently posing as Siemens Healthineers recruiters/employees. These scammers may attempt to collect your confidential personal or financial information. If you are concerned that an offer of employment with Siemens Healthineers might be a scam or that the recruiter is not legitimate, please verify by searching for the posting on the Siemens Healthineers career site.

Salary Minimum: 81780Salary Maximum: 112453