Division: Power Generation Services
Business Unit: Distributed Generation and Oil & Gas
Requisition Number: 229927
Primary Location: United States-New York-Olean
Assignment Category: Full-time regular
Experience Level: Mid level
Education Required Level: Bachelor's Degree
Travel Required: 10%
Siemens is a global technology powerhouse that has stood for engineering
excellence, innovation, quality, reliability and internationally for more than
165 years. As a global technology company, Siemens is rigorously
leveraging the advantages that this setup provides. To tap business
opportunities in both new and established markets, the Company is
organized in seven Divisions: Power and Gas, Power Generation Services,
Energy Management, Building Technologies, Digital Factory, Process
Industries and Drives, and Financial Services.
Siemens is the leading service partner for ensuring high reliability and
optimal performance of rotating power equipment within the utility, oil &
gas, and industrial processing industries worldwide as well as for wind
turbines. Siemens' extensive national network of service technicians is able
to quickly and comprehensively offer expert service to maximize the
lifecycle of power generation equipment, helping to ensure reliability and
For more information, please visit:
The Commercial Project Manager works within a matrix organization establishing the Siemens "four-eyes" principle for new bookings and contract execution in conjunction with Marketing & Sales and Project Managers.
The purpose of the Commercial Project Manager role is to secure high level forecasting, coordination and execution of commercial activities during the quotation, booking, and execution phases of projects. Skillsets range from cost management, cash flow, commercial terms evaluation and management, issue resolution, revenue recognition forecasting and execution, and may involve Percentage of Completion revenue recognition model.
Project management skills, negotiation skills, strategic & analytic competence, be able to work under pressure, skills to understand & interpret financial figures
Positive interpersonal communication & conflict resolution skills
Motivated team player
1-3 years experience as Commercial Project Controller or other relevant project experience. The Commercial Project Manager shall at all times and in average be able to demonstrate competency and experience in all fields of expertise with, if the case requires supervision or consultancy from a Senior Commercial Project Manager, Commercial Project Director or the Head of Commercial Project Management.
Bachelor or Master Degree in Science or Business Administration. Alternatively a Degree in the field of commercial business administration, Finance or Accounting with substantial working experience and proven skills within relevant fields.
General Commercial Project Management & Administration
Marketing and Sales Support
Commercial Contract reviews
Overseeing Project Accounting and Cost Management for assigned projects
Contract & Claim Management from Customers & External Partners
Risk & Opportunity Management
Handling of Bank Guarantees, Letters of Credit, or other financial instruments
Financial Reporting & Forecasting
Cost & Asset Controlling
Invoicing & safeguarding of payments
Hedging as needed
Coordination of Tax topics / compliance to PATAC as needed
On-Shore related Administration & Follow-up
Coordination of Insurance topics
Export Control Coordination
Management of Compliance & Anticorruption related issues
Acting as World Project Controller within the New Collaboration Model as necessary
In addition to what is specified above the Commercial Project Manager contributes to the general development of the Business Administration function within the Company through experience feed-back procedures, individual projects, department meetings, etc.