Commercial Project Manager

Siemens Energy; Gauteng; On-site; ZAR 700,000 - 1,000,000; Full time

Job summary

Siemens Energy seeks a highly driven Commercial Expert to oversee financial and commercial aspects for Service Orders. The role demands a bachelor's degree in finance/business, 5+ years of experience, and proficiency in GAAP/IFRS. Join a dynamic team focusing on project financials, revenue recognition, and compliance, while offering excellent growth opportunities.

Qualifications

• Bachelor’s degree in finance, business administration, accounting or equivalent experience.
• 5+ years of professional experience in Business Administration or Finance.
• Knowledge of US GAAP / IFRS and project execution.

Responsibilities

• Review and negotiate financial components of proposals and agreements.
• Ensure compliance with accounting rules and manage project financials.
• Prepare regular project status reports for management.

Skills

Financial expertise

Negotiation skills

Communication skills

Education

Bachelor’s degree in finance or business

Tools

SAP

Microsoft Office

Job description

Location South Africa Gauteng Wadeville Company Siemens Energy (Pty) Ltd Organization SE CFO Business Unit Transformation of Industry Full / Part time Full-time Experience Level Experienced Professional

A Snapshot of Your Day

Our Compression Service Organization is looking for a highly driven, self-motivated Commercial Expert to join our team. In this role, you will be responsible for all commercial aspects and project financials for Service Orders and acting as finance partner to our sales and project management organization. The position requires working in a dynamic environment, where financial expertise is brought to the bid, proposal, and contract execution processes.

How You’ll Make an Impact

• Review, analyze and negotiate financial and commercial components of internal / external customer proposals and Master Frame Agreements.
• Ensure the accuracy of the cost and pricing calculation during contract negotiations together with the Sales Lead & Project Manager
• Responsible for all commercial aspects and project financials including monthly revenue recognition, forecasting, risk and opportunity management, lessons learned, and optimizing profit margins & cash flow.
• Ensure compliance with accounting rules (IFRS 15 & local GAAP) Legal, Compliance, Tax, Foreign Exchange and business models.
• Prepare and present regular project status reports to senior management and stakeholders, highlighting progress, challenges, and solutions.
• Ability for travel when necessary / planned up to 10%; must qualify for travel within region of employment.

What You Bring

• Bachelor’s degree in finance, business administration, accounting or equivalent experience is required.
• 5+ years of professional experience in Business Administration or in Finance, preferably with experience in Project Execution
• Knowledge of US GAAP / IFRS, percentage of completion (PoC) accounting, and strong skills with Microsoft Office applications and SAP are required.
• Excellent communication skills with the ability to work independently and in a team-oriented environment.
• Ability to multi-task and work under pressure to meet deadlines is required.