Commercial Project Manager

Siemens Energy; Raleigh (NC); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Career growth opportunities

Health and wellness benefits

Paid time off

Job summary

Siemens Energy is seeking a Commercial Project Manager in Raleigh, NC to lead the financial aspects of projects. You will work with project managers and cross-functional teams across procurement, finance, logistics, operations, engineering, tax, and accounting to ensure accurate financial performance and compliant processes.

Responsibilities include revenue recognition, invoicing, cost tracking, and contract compliance under IFRS15 and local GAAP.

Qualifications

• Bachelor’s degree in Finance, Economics, Business or Accounting.
• 5+ years of hands-on CPM or project finance experience.
• Strong GAAP and IFRS knowledge; proficient with SAP, Power BI and Excel.

Responsibilities

• Take full responsibility for all finance-related matters of assigned projects, including accounting, tax, invoicing and controls.
• Perform project controlling, forecasting and reporting of financial status for a portfolio.
• Collaborate with project managers and cross-functional teams to optimize revenue and cash flow.
• Prepare commercial documentation for regular project status meetings and ensure accuracy.

Skills

Financial acumen

Analytical skills

Independent work

Cross-team collaboration

Education

Bachelor’s degree in Finance, Economics, Business or Accounting

Tools

SAP

Power BI

Power Query

Microsoft Excel

Job description

A Snapshot of Your Day 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.

A Snapshot of Your Day 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 worlds 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.

Check out this video to learn more about Siemens Energy: https://www.siemens-energy.com/employeevideo

Rewards

• Career growth and development opportunities; supportive work culture
• Company paid Health and wellness benefits
• Paid Time Off and paid holidays
• 401K savings plan with company match
• Family building benefits
• Parental leave

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