Senior Commercial Project Manager - Finance
Siemens Energy
Date: 2 weeks ago
City: Remote
Contract type: Full time
Remote
A Snapshot of Your Day
You will provide solutions concerning commercial topics and accounting principles relevant to projects of varying volumes and complexities (CCM/POC revenue recognition) with leading oil and gas and power generation companies.
How You’ll Make An Impact
Our Gas Services division offers Low-emission power generation through service and decarbonization. Zero low emission power generation and all gas turbines under one roof, steam turbines and generators. Decarbonization opportunities through service offerings, modernization, and digitalization of the fleet.
Who is Siemens Energy?
At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.
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: https://www.siemens-energy.com/employeevideo
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.
Rewards/Benefits
You will provide solutions concerning commercial topics and accounting principles relevant to projects of varying volumes and complexities (CCM/POC revenue recognition) with leading oil and gas and power generation companies.
How You’ll Make An Impact
- Ensure all reporting requirements and compliance with IFRS 15 and Siemens Energy Financial Reporting Guidelines are met through suitable and reliable processes and tools.
- Set up projects in the project finance system (SAP) and ensure accurate and timely recording of financial data throughout the project lifecycle.
- Conduct regular costs-to-complete forecasting using the percentage of completion (POC) method, collaborating with Project Managers to monitor and address uncertainties promptly.
- Manage contract assets, liabilities, project payables, and receivables, forecasting project cash flow inflows and outflows monthly while overseeing currency risks and tax issues.
- Assist the Project Manager in administering the project risk and opportunity register, preparing payment claims in accordance with contract requirements, and providing input for negotiations based on lessons learned.
- Support claim management, back-charges, and insurance cases, ensuring proper follow-up with the Project Manager and legal team, while ensuring project execution aligns with processes and guidelines (local GAAP, IFRS, FRG, etc.).
- Bachelor’s degree in Business Studies, with a master’s degree considered a plus, and a minimum of 7-10 years of professional experience in project controlling and financial reporting.
- Proficient in SAP R3 FICO, SD, and PS, with knowledge of PP considered an advantage.
- Ability to work under pressure and adhere to tight timelines, demonstrating strong analytical skills and the capacity to communicate effectively with project management and senior corporate management.
- Solid understanding of project management principles, with experience in identifying, evaluating, and assessing risks and opportunities in project controlling.
- Advanced skills in MS Office, particularly Excel and Word, enabling effective data analysis and reporting.
- Fluent in English, facilitating clear communication in a professional environment.
Our Gas Services division offers Low-emission power generation through service and decarbonization. Zero low emission power generation and all gas turbines under one roof, steam turbines and generators. Decarbonization opportunities through service offerings, modernization, and digitalization of the fleet.
Who is Siemens Energy?
At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.
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: https://www.siemens-energy.com/employeevideo
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.
Rewards/Benefits
- Opportunity to work on challenging projects in an exciting environment
- Opportunity for remote/flexible work
- Professional support and strong collaboration with colleagues around the world
- Professional development opportunities within the company
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