16 days old
2017-11-282017-12-28

Commercial Project Manager

Siemens
Louisville, KY
**Commercial Project Manager**







Locations:Louisville, Kentucky







Job Family: Finance







Apply







English (US)







**Job Description**







**Division:** Mobility



**Business Unit:** Mobility Management



**Requisition Number:** 218892



**Primary Location:** United States-Kentucky-Louisville



**Assignment Category:** Full-time regular



**Experience Level:** Mid level



**Education Required Level:** Bachelor's Degree



**Travel Required:** 5%







**Division Description:**







**Siemens Mobility Division**







Committed to the safe and reliable transportation of people and goods by rail and road, Siemens Mobility designs and manufactures across the entire spectrum of rolling stock, including commuter and regional passenger trains, light rail and streetcars, metros, locomotives, passenger coaches, and high-speed trainsets. In the U.S., Siemens is providing rail vehicles, locomotives, components and systems to more than 25 agencies in cities such as D.C., New York, Boston, Sacramento, San Diego, and St. Louis.







For more information, please visit: **http://www.siemens.com/businesses/us/en/mobility.htm**







**Job Description:**







**Position Overview**







Commercial Project Manager (CPM) to be responsible for all commercial aspects related to a customer contract (Project) starting with the sales phase up to the end of the complete project execution phase. The CPM is fully responsible for financial and commercial management (costs, revenue and cash flow) throughout the project execution phase. This encompasses sales controlling, performance measurement, planning, forecasting and reporting. The primary contacts for the CPM include Customers, Suppliers, Project Managers/ Engineers, Procurement, Legal Department, Operational Review, other Commercial Project Managers, Head of local Finance & Business Administration, internal and external Auditors, and central Financial Services.







**Responsibilities**







+ Ensure proper financial project set up including WBS structure in line with agreed project budget and company internal contractual arrangements. Set up of a financial performance plan for the project based on the planned delivery schedule for the offered scope during the sales phase and manage it throughout the project execution phase.



+ Set up and closely monitor revenue recognition: 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, i.e. Sarbanes-Oxley, export control, signature authorities.



+ Perform financial planning, forecasting, controlling, reconciliation of project cash flow and constant deviation analysis. Ensure data integrity between SAP back-end and specific front-end tools (division specific).



+ Support the responsible 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.



+ Constantly assess risks and opportunity and their impact either in the risk register and/or in the gross margin and propose measures to prevent negative margin slippage due to risks that could have been avoided.



+ Implement and drive measures together with the project manager to leverage opportunities to improve the project performance, e.g. through claims and variation management. Support Project Managers to ensure Project Quality based on PM@Siemens Guidelines and achievement of project goals (Revenue, Margin, SG&A, etc.).



+ Ensure quality on all commercial and administrational project quality policies as per PM@Siemens and Siemens guidelines.



+ Support Project Managers in timely issuing invoices with strong focus on managing Account Receivables and project cash flow.



+ Drive Procurement together with the Project Manager by timely 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.



+ Influence team to take positive action and accountability for the assigned work



+ Ensures the compliance with the LoA guidelines for all commercial and internal regulations aspects.



+ Provides insights of project performance to Director of Commercial Project Management and VP of Projects during project reviews.



+ Actively communicates with customer's commercial representatives and/or suppliers solving of commercial issues.



+ Together with the PM organization, proactively sets up a contract and claim management in the project, including involvement and cooperation with the assigned contract manager.



+ Supports Project Manager to select and involve partners / subcontractors.



+ Represents the project in the relevant decision boards internally and externally (when authorized by Manager)



+ Acts according to the Business Conduct Guidelines and establishes a culture of trust and integrity.



+ Collaborate with different departments to achieve project goals.







**Required Knowledge/Skills, Education, and Experience**







+ BS/BA in related discipline or advanced degree, where required.



+ Demonstrates and applies advanced knowledge of concepts, practices, and procedures for area managed and good knowledge of other areas in the company and how they interact.



+ Demonstrates full understanding and application of management approaches for work direction, motivation, and performance management.



+ Typically 3-5 years of successful experience in a directly related field and successful demonstration of Key Responsibilities and Knowledge as presented above.







**Why Siemens?**







+ Competitive compensation.



+ Excellent health, vision, and dental plans with many options from which to choose.



+ All employees receive Life Insurance, Short, and Long Term Disability coverage.



+ 401k match dollar for dollar up to 6% of gross salary.



+ Education reimbursement programs available.



+ Extensive product training and professional career development.







**Equal Employment Opportunity Statement**



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, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.







**EEO is the Law**



Applicants and employees are protected under Federal law from discrimination. To learn more, Click here at https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .







**Pay Transparency Non-Discrimination Provision**



Siemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here at https://www.dol.gov/ofccp/pdf/pay-transp_formattedESQA508c.pdf .

Categories

  • Engineering
  • Management
  • Financial Services
  • Legal

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Commercial Project Manager

Siemens
Louisville, KY

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Louisville, KY
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