Commercial Project Manager
Siemens
Overview Company: Siemens Industry, Inc. Location: 36 Littlejohn Glen Ct., Greenville, SC 29615 Position Title: Commercial Project Manager Hours: Monday – Friday, 9:00 am to 6:00 pm, 40 Hours/Week Hybrid work permitted. Responsibilities Serves as a strategic business partner to Project Managers, driving project success by ensuring quality execution, adherence to schedules, and alignment with budgetary targets. Provides critical support in claim and change management processes, particularly in relation to scope variations. Monitors and controls project scope, timelines, budgets, and deliverables in close collaboration with senior management and relevant stakeholders. The role entails full profit and loss (P&L) responsibility, oversight of cash flow performance, and execution of month‑end closing activities. Responsible for establishing a proper project structure that aligns with the approved budget and contractual obligations, ensuring timely billing, accurate cost recognition, and effective management of financial backlog, accounts receivable, and overall project cash flow. Supports procurement activities by validating that purchase orders are competitively sourced, budget‑compliant, and consistent with contractual terms and conditions. Coordinates contractual requirements such as performance guarantees, insurance coverage, tax considerations, sureties, and currency management to ensure full compliance with contractual commitments. Ensures adherence to Siemens’ Levels of Authority and commercial guidelines, including risk and opportunity management processes, while maintaining the quality and integrity of all commercial and administrative project policies in accordance with Siemens standards and applicable legal and tax regulations. Maintains accurate and compliant financial documentation to ensure successful audit outcomes. Resolves complex issues within the project environment to guarantee successful delivery in line with customer expectations and contractual terms. Proactive engagement with internal Siemens delivery units and external subcontractors is required, particularly in navigating challenges related to import duties and local tax implications across the supply chain. Communicates with customer representatives and suppliers to address and resolve commercial issues effectively. Provides insightful analysis of project performance during management reviews, contributing to informed decision‑making and continuous improvement. Qualifications Bachelor’s degree in Finance, Accounting, Business, or a related field and three (3) years of experience in the job offered or an acceptable alternate occupation. Proficiency in Microsoft Office applications—particularly Excel and PowerPoint—as well as SAP is fundamental. Familiarity with data visualization and analytics tools such as Tableau, Power BI, Knime, and AI‑based solutions. Strong analytical capabilities and a thorough understanding of accounting principles, including IFRS and local GAAPs. Ability to apply complex accounting methods such as percentage‑of‑completion and completed contract accounting. One (1) year of experience ensuring accurate financial reporting in accordance with IFRS and Siemens Financial Reporting Guidelines, particularly within the framework of monthly and quarterly financial statements, supported by audit‑proof documentation. Experience in project management methodology, including project structure set‑up, scheduling, controlling, and budget planning, and the application of financial reporting guidelines and limits of authority processes. Solid understanding of supply chain operations, including customs duties regulations. Expertise in international tax regulations such as PATAC, permanent establishment considerations, transfer pricing, sales taxes, VAT (value added tax), and income tax compliance. Ability to analyze contracts and apply international legal principles. Capability to conduct detailed financial P&L (profit and loss) and KPI (Key Performance Indicators) analyses, identify and manage risks and opportunities, and support procurement‑related decisions. Experience in audits and internal control procedures. Ability to forecast project financials—including orders, revenue, and free cash flow—focusing on managing accounts receivable. Ability to report project performance to management with clarity and precision. Experience working in international teams and across diverse cultural environments, and ability to perform under pressure and meet critical deadlines. #J-18808-Ljbffr
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