Siemens

Commercial Project Manager (CPM) - Finance Controller

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrives is if our people are thriving. That’s why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you?

Transform the everyday with us

Our Smart Buildings help to create efficient, safe, adaptable, and responsible environments. Our aim isn’t just about improving buildings; it’s about creating perfect places that improve people’s lives.

The Commercial Project Manager (CPM) - Finance Controller (Southeast Zone) position is based in Raleigh, North Carolina and is a hybrid position (1 day onsite).

The Commercial Project Manager (CPM)– Finance Controller will be responsible for commercial aspects related to projects —from the sales phase to execution to project completion. Responsibilities encompass sales controlling, performance measurement, planning, forecasting, and reporting. The CPM supports the Project Manager in all other areas where a takeover of responsibilities is decided and/or a useful contribution. The CPM will partner with Customers, Suppliers, Project Managers/ Engineers, Sales, Procurement, Legal, other Commercial Project Managers, regional and national Finance colleagues, and internal and external Auditors--as well as the Siemens Financial Services Division (the Siemens entity that offers financing solutions to clients).

Responsibilities:

• Follow Limits of Authority (LoA) process during bid phase including assessment of contractual terms and conditions (with legal dept), evaluation of risks and their adequate consideration in bid calculation. Ensures compliance with LoA approval during project execution.
• Ensure compliance to all relevant internal and external guidelines such as Business Conduct Guidelines, Financial Reporting Guidelines (IFRS, US-GAAP), PM@Siemens, tax, export control, EHS, ICFR / RIC requirements, signature authorities
• Ensure proper financial project set-up including work breakdown structure (WBS) in line with agreed project budget based on the planned delivery schedule and ensure accuracy of calculation and records throughout the project execution phase
• Partner with the Project Manager in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets, opportunity management and financing instruments)
• Perform financial budgeting and forecasting, controlling (cost-to-complete, total forecasted vs. planned costs), reconciliation of project cash flow, and constant deviation analysis actual vs plan
• Prepare and present commercial topics in the project status meetings with relevant stakeholders including escalation of critical topics, if required
• Collaborate with the Project Manager on change management (plan cost adjustments, variations, claims). identify and minimize non-conformance costs, conduct root cause analysis and define corrective and preventive measures. Obtain verification and approval of variations / claims prior to submittal to the customer / supplier ensuring appropriate costing and pricing in accordance with internal guidelines
• Partner with the Project Manager in identifying, evaluating, and assessing risks & opportunities, strategies, and response activities. Constantly assess risks& opportunities and their impact in the project calculation while proposing measures to prevent negative margin slippage
• Implement and drive measures together with the Project Manager to leverage opportunities to improve the project performance, e.g. through claims and variation management. Collaborate Project Manager to ensure Project Quality based on Siemens guidelines and achievement of project goals
• Ensure timely issuing of invoices with a strong focus on managing receivables, reducing project assets and maximizing project cash flow
• Drive Procurement together with the Project Manager by involving the responsible purchasing representative to ensure that the purchase orders are based on the best available bids, within the set budget and terms and conditions are in line with the customer contract
• Coordinate other contractual requirements (e.g., performance guarantees, insurances, taxes, sureties) to comply with contract commitments
• Actively communicate with customers’ commercial representatives and manage customer expectations and resolution of commercial issues
• Influence team to take positive action and assume accountability for assigned work packages
• Conduct regular lessons-learned reviews on commercial aspects, incorporating insights into project improvements and organizational best practices.

You will impress us with the following qualifications:

Basic Qualifications:

• Bachelor’s degree in accounting, Finance, Business, or related field
• Experience: 2 plus years of work experience in commercial project controlling/management in complex construction projects
• Required travel: 10-20%
• Applicants must be legally authorized for employment in the United States and will not require employer-sponsored work authorization now or in the future for employment in the United States.

Preferred Qualifications

• Master’s degree in business administration.
• Proficiency with related SAP modules.
• CMP@Siemens certificate preference
• Proficiency with Microsoft Office, including Word, Excel, PowerPoint, and Outlook.
• Excellent written and verbal communication skills in English.
• Successfully work a Hybrid Role

You’ll benefit from:

Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html . The pay range for this position is $ $73,500 - $126,000 .

The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.

About Siemens:

We are a global technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to sustainable transportation as well as advanced healthcare, we create technology with purpose adding real value for customers.

Learn more about Siemens here.

Our Commitment to Equity and Inclusion in our Diverse Global Workforce:

We value your unique identity and perspective. We are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society, while ensuring that we attract the best talent based on qualifications, skills, and experiences. We welcome you to bring your authentic self and transform the everyday with us.

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Siemens is an Equal Opportunity and Affirmative 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.

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Criminal History

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