Think Beyond The Label Jobs

Job Family: Finance

Req ID: 418874

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? 

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.

Pacific Zone within Siemens Smart Infrastructure is seeking a Commercial Project Manager (CPM) / Finance Project Controller to be responsible for financial aspects related to projects —from the sales phase to execution to project completion. Responsibilities encompass supporting cost estimate at sales phase, planning, forecasting, and reporting. The CPM may the Project Manager in other areas such as billings, risk management, change orders, and / or plan cost changes. The CPM may also partner on certain projects with Customers and / or Suppliers, Procurement, Legal, other Commercial Project Managers, regional and national Finance colleagues, and internal and external Auditors.

As a Commercial Project Manager, you will:

• Ensure compliance with Levels of Authority approval guidelines for financial aspects, e.g. risk management process.

• Ensure compliance with all financial and administrational project policies per Siemens guidelines.

• Support financial project set up in SAP according to the work breakdown structure (WBS), in line with agreed project budget and Siemens’ internal guidelines.

• Support the Project Manager in forecasting a financial plan for the project based on the planned technical schedule.

• Support the Project Manager in managing to financial results (e.g. project gross profit and cash flow).

• Perform financial planning, forecasting, controlling, reconciliation of project cash flow, and constant deviation analysis.

• Update project controlling tool (SOL NG) with topics including risk management, monthly forecast, etc.

• Ensure compliance with revenue recognition policies: actual vs plan, degree of completion, cost to complete, total forecasted costs vs planned. Ensure full compliance of revenue and cost recognition with Siemens accounting policies under US-GAAP / IFRS, as well as overall compliance with internal controls, like export control, signature authorities.

• Support Project Manager on change management issues (variations) relating to the scope of the project. Obtain verification and approval of variations prior to submittal to the customer ensuring appropriate costing and pricing in accordance with PM@Siemens Guidelines.

• Implement and drive measures together with the Project Manager to leverage opportunities to improve the project performance, e.g. through claims and variation management.

• Ensure timely invoicing, with a strong focus on managing Account Receivables and 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 and are within the set budget.

• Ensure consistent terms and conditions with suppliers/subcontractors in line with the end-customer contract.

• Coordinate other contractual requirements (e.g., performance guarantees, insurances, taxes, sureties) to achieve contract commitments.

• Actively communicate with customers’ finance representatives and manage resolution of financial issues.

You will make an impact with these qualifications:

Basic Qualifications:

• Required education: Bachelor’s Degree in Accounting, Finance, Business, or related field

• Required experience: 7+ years of work experience in financial controlling

• Required travel: 25%

• Demonstrated proficiency with Microsoft Office, including Word, Excel, PowerPoint, and Outlook

• Demonstrated proficiency with strong verbal and written skills in English

• Legally authorized to work in the United States on a continual and permanent basis without company sponsorship

Preferred Qualifications:

• Master’s Degree preferred or equivalent years of related experience

• 3 – 5 Years of experience in professional financial management of complex projects, commercial project controlling, (e.g., Project Coordinator, Contract Administrator, or other similar position) - either the type of construction projects completed by Siemens or Siemens' direct competitors or non-construction projects completed by other Siemens divisions

• Demonstrated proficiency with SAP Modules

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 $78,960 - $169,200. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.

Ready to create your own journey?  Join us today and help create a better #TomorrowWithUs!

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.

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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. Come bring your authentic self and create a better tomorrow with us. Learn more about our commitment to DEI here (https://www.siemens.com/us/en/company/environmental-society-governance/diversity.html) .

Protecting the environment, conserving our natural resources, fostering the health and performance of our people as well as safeguarding their working conditions are core to our social and business commitment at Siemens. They are an integral part of our Business Conduct Guidelines and our corporate strategy.

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