
Commercial Project Manager
3 days ago
Siemens strongly believes in the value of a Digital Portfolio, hence Smart Infrastructure combines Digital Power Distribution and Digital Building Infrastructure technologies. Our Digital Portfolio will enable our customers to enjoy occupant's intuitive buildings which are comfortable, safe, secure and energy efficient.
Smart infrastructure from Siemens intelligently connects energy systems, buildings and industries to adapt and evolve the way we live and work. We work together with customers and partners to build an ecosystem that intuitively responds to the needs of people and helps customers to better use resources. It helps our customers to thrive, communities to progress and supports sustainable development.
Join our Smart Infrastructure Electrification and Automation Business Unit as the Commercial Project Manager and help us re-imagine the world by finding solutions and making the world a smarter place for tomorrow.
In Collaboration with respective Project Manager, as a Commercial Project Manager you are responsible for the controlling and commercial project management of Projects of Saudi Arab region. This includes revenue recognition, project cost management, contract management, accounting and cash flow management, opportunity and risk management, foreign currency management, monitoring of bank guarantees as well as project specific insurance.
- Effective & efficient Commercial Project Management encompassing all functions of Project Controlling; particularly but not limited to timely submission of invoices & other claims to customers along with proper follow up for fast processing.
- Develop Project Controlling Module / Tool to prepare Current Cost Calculations (CCC), Mapping of Actual Status; Forecast, Cash in/out, Billings, Collections etc. on an item-by-item basis for better controlling and forecasting of project results.
- Forecast Quality, with emphasis on meeting Forecast every Month, Quarter & Annually.
- Ensure submission of feedback / responses by defined timelines e.g forecast preparation, NCC reporting and review of Projects midterm calculations as per required frequency.
- Submission of Closing Documents & Information (JVs, Advance Adjustment, Receivables Adjustments, Time Sheet booking, Receivables Due Date Change etc.) along with proper documentation before month end closing. Also, adherence to other activities defined in the closing schedule.
- Ensure CCC updation in Spiridon, booking of GRs & Billing in the system.
- Maintain & Update Risk & Opportunity Register.
- Maintain List of Claims, such as Variation Order, Escalation, Duty / Taxes etc.
- Controlling of Advances, Guarantees & LCs towards Customer & Supplier / Contractors.
- Maintain Purchase Orders (Issued & Balance Ordering List backed by Supporting) & full review of committed cost.
- Timely Payment to Suppliers- Pending Invoices status to CPMs in AIMS tool. Making of Urgent Payment Request (UPR).
- Coordination with Logistic & freight forwarder team for shipment status- Arranging of timely shipping documents from various countries for custom clearance, Goods & invoice receipt etc.
- Controlling of Inventory at Site, Calculating Foreign Currency exposure & Hedging.
- ACCA or MBA Finance
- 5 years' experience in a Finance or Controlling role
- Experience in SAP would be an advantage.
- Ability to work in a multicultural workplace.
- Proficiency in both spoken and written English. Arabic language Knowledge shall be advantage
- Good knowledge of MS Office (expert knowledge of MS Excel)
What else do you need to know?
As a world leader in developing and producing the most advanced engineering technologies, we improve lives and further human achievements worldwide, while also protecting the climate - all thanks to our employees. Working with us, you have the foundation to develop personally and professionally. We give you the chance to do something significant, that benefits society and human progress. We give you the chance to create a difference.
We are looking forward to receiving your online application.
Please note: Only complete applications can be considered in the selection process.
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