Commercial Project Manager

3 weeks ago

Riyadh, Saudi Arabia Siemens Energy Full time

**Commercial Project Manager - Projects**

**How You Will Make an Impact**
- Ensures an adequate project handover phase, analyzes customer’s requirements, examines commercial and contractual feasibility for implementation.
- Managing and optimizing targeted financial results with due professional care (e.g., revenue, cost, project gross profit, cash flow, assets, and financing instruments)
- Project forecasting, reporting, analysis, and preparation of estimate to complete.
- Ensure compliance to all applicable guidelines in managing the project e. FRGs, NCM, LoA, transfer pricing, tax, BCGs, ECC and applicable laws.
- Ensures the accuracy of cost and pricing calculation as well as overall project books and records, incl. recording in appropriate systems e.g., Spiridon. preparation of all commercial documentation required for the project’s records, reviews meetings and audits.
- Managing project risk and opportunities in the project together with the Project Manager.
- Managing change orders & claims with all contractual partners.
- Managing foreign currency risk in the projects in line with hedging/currency guidelines.
- Support in all relevant project procurement & logistics topics.
- Manage suppliers / subcontractor’s invoice certification and payment processing.
- Manage project guarantees, bonds, and project insurance.
- Manage stakeholder’s requirements (customer, subcontractors, internal management, consortium partners and other team members etc.)
- Regularly performs lessons learned and feeds results into own project lessons learned activities and into own organization including non-conformance cost reporting.
- Ensures proper handling of site cash.
- Managing controlling tasks of BU (budgeting, forecasting, ESPRIT, focus plus, conducting balance sheet & OCC reviews, A/R status, SG&A etc.)
- Able to work effectively with individuals from multiple cultures and backgrounds.
- Sensitivity toward other culture/mentality in the respective region.
- Managing pressure during peak execution season.
- Managing difficult & challenging situation and conflicts management.

**What You Bring**
- You should have at least 4 - 6 years of experience as Commercial Project Manager
- Bachelor’s degree in accounting / finance
- Certification in commercial project management.
- Experience with Project Management methods, processes, and tools.
- Experience with Business Processes (project execution, sales, purchasing etc.)
- Accounting Principles (FRGs)
- Asset Management
- Contract/Claim Management
- Project Risk & Opportunity Management
- Command over MS Office (Excel, Power Point etc...)
- Proficiency with related SAP modules
- Excellent oral & written communication & presentation skills in English
- Experience with forecasting, reporting, and analysis.
- Experience in business controlling and reporting.

**Who is Siemens Energy?**

At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 94,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we’re also using our technology to help protect people and the environment.

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 people who will support our focus on decarbonization, new technologies, and energy transformation.

Find out how you can make a difference at Siemens Energy:
Check this video

**Our Commitment to Diversity**

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character - no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.

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