Commercial Project Manager

Siemens Gas and Power GmbH & Co. KG; Raleigh (NC); On-site; USD 110,000 - 135,000; Full time

Job summary

Siemens Energy in Raleigh seeks a Commercial Project Manager to own the financials of assigned projects, including revenue recognition, invoicing, and cost control. You will collaborate with the Project Manager and cross‑functional teams to ensure accurate financial performance and adherence to internal controls.

The role requires 5+ years in CPM or project finance, GAAP/IFRS knowledge, and proficiency in Power BI, Power Query, MS Office, and SAP.

Qualifications

• Bachelor’s degree or higher in Finance, Economics, Business or Accounting or other relevant field in the financial environment.
• 5+ years of hands‑on experience as a Commercial Project Manager (CPM) or in a Project Finance role.
• Detailed understanding of GAAP and IFRS. Proficient with MS Office, Power BI & Power Query; SAP experience.
• Ability to handle complex accounting topics (Revenue Recognition, Loss Calculations, Cash Positions).
• Independent, multitasker with strong analytical skills and teamwork; compliant with deadlines.

Responsibilities

• Take full responsibility for all finance-related matters of assigned projects including accounting, tax, invoicing, and compliance.
• Financial execution of projects: creating sale orders, SAP project setup, revenue recognition, invoicing, and costs.
• Project Controlling, forecasting and reporting for a portfolio of projects.
• Collaborate with Technical PM on steering, negotiations, and strategic solutions; ensure project goals.
• Prepare commercial documentation for status meetings with accurate project data.

Skills

GAAP/IFRS knowledge

Power BI

Power Query

SAP

Financial analysis

Strong communication

Education

Bachelor's degree in Finance/Accounting/Business

Tools

SAP

Power BI

Power Query

Job description

"We energize society" by supporting our customers to make the transition to a more sustainable world, based on innovative technologies and our ability to turn ideas into reality. With nearly 100,000 employees around the world, we shape the energy systems of today and tomorrow.

We are seeking a Commercial Project Manager (CPM) to be responsible for the financial aspects of the projects and collaborate with Project Manager. This requires working independently and across teams with varied strengths of various skills in Procurement, Finance, Logistics, Operations, Engineering, Tax, and Accounting. Clear direction and communication are paramount to ensure accuracy of our financial performance and upward feedback on cost deviations. Various processes and guidelines will be applied, using different digital platforms, and ensuring compliance with applicable internal and external regulations.

How You’ll Make an Impact

• Take full responsibility for all finance-related matters of assigned projects, including Accounting, Legal, Tax, Foreign Currencies, revenue recognition, contractual invoicing, and compliance with IFRS15, local GAAP, reporting guidelines, and internal controls.
• Financial execution of projects including creating sale orders and setting up project in SAP, revenue recognition, invoicing and payment terms, maintenance of project costs, securities, taxes, and insurance requirements
• Project Controlling, Forecasting and Reporting of financial status for portfolio of dedicated projects.
• Partner with Technical Project Manager in project steering /contract negotiations, accounting, development of strategies or solutions. Support Project Managers to ensure project quality based on PE @ SE Guidelines and achievement of project goals (revenue, margin, SG&A, cash flow, etc.).
• Prepare commercial documentation for regular project status meetings, maintaining accuracy of all commercial project data throughout project execution.

What You Bring

• Bachelor’s degree or higher in Finance, Economics, Business or Accounting or other relevant field in the financial environment.
• 5+ years of hands‑on experience as a Commercial Project Manager (CPM) or in a Project Finance role.
• Detailed understanding of GAAP and IFRS. Advanced skills with Microsoft Office, proficiency in Power BI & Power Query, experience with SAP.
• Ability to handle complex accounting topics (Revenue Recognition, Loss Calculations, Cash Positions, etc.)
• Work independently, capable at multitasking and meeting deadlines; great teammate and open to learn. Excellent problem solving, diagnosis and strong analytical skills.
• Enthusiastic with a hands‑on approach combined with the ability to provide leadership and structure in a fast paced, dynamic environment. Ability to be exacting, thorough and diligent to detail, while still meeting deadlines.
• Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization. Siemens Energy employees with current visa sponsorship may be eligible for internal transfers.

About the Team

Grid Technologies

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 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 peoplewho will support our focus

on decarbonization, new technologies, and energy transformation.

• Career growth and development opportunities; supportive work culture
• Company paid Health and wellness benefits

EqualEmployment Opportunity Statement

Siemens Energy and Siemens Gamesa Renewable Energy is an Equal Opportunity and ... the 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.

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