Commercial Project Manager

A Commercial Project Manager oversees financial and contractual aspects of projects to ensure compliance and profitability. They coordinate between teams to manage budgets, timelines, and deliverables effectively.

Siemens Energy is a global leader in energy solutions, focusing on sustainable power generation and grid technologies. The company offers opportunities for professionals seeking to contribute to innovative projects in the energy sector. One current recruitment role is for a CNC Trainer - external, indicating a need for expertise in training individuals to operate computer numerical control machinery. While specific details about Siemens Energy's operations, locations, or client base are not provided, the presence of such job titles suggests involvement in industrial manufacturing and technical training programs. The company likely supports workforce development through structured training initiatives that align with its broader mission of advancing energy technologies. Potential candidates should consider the role within the context of a dynamic industry environment where technical skills are critical to operational success.

A Snapshot of Your Day As a Commercial Project Manager (CPM) within the Digital Grid business, you will oversee the financial, commercial, contractual, administrative, legal, tax, and accounting aspects of projects throughout their execution phase. Working closely with Project Managers, Bid Management, Controllers, Segment Heads, and regional stakeholders, you will ensure successful project execution within budget and time constraints while maintaining compliance with corporate guidelines. You will play a key role in financial forecasting, cash flow optimization, risk mitigation, contract administration, and stakeholder collaboration across the Middle East, contributing to profitable and efficient project delivery. How You'll Make An Impact Financial & Forecast Management – 40% Maintain project financial calculations, cost controlling, and financial reporting throughout project execution. Prepare and monitor Free Cash Flow (FCF) forecasts to support project profitability and financial performance. Create and manage Work Breakdown Structures (WBS) to ensure accurate financial tracking and cost allocation. Manage new orders, sales, planned costs, invoicing, and payment tracking. Monitor project cash flow and accounts receivable to support financial performance. Manage financial guarantees, currency hedging, insurance, and tax-related implications. Identify financial risks and implement appropriate mitigation measures. Ensure accurate and transparent financial reporting to project teams and relevant stakeholders. Project Execution & Contract Administration – 30% Collaborate closely with Project Managers to ensure successful project execution within agreed budgets and timelines. Manage commercial, contractual, administrative, legal, and tax-related aspects of projects during execution. Lead variation order discussions and support the commercial management of contractual changes. Manage price indexation and its financial implications for project execution. Monitor commercial project performance and identify opportunities to improve profitability and operational efficiency. Apply agile and lean methodologies to support efficient project execution and continuous improvement. Stakeholder Collaboration & Compliance – 30% Provide regular financial updates to project teams, Segment Heads, and relevant stakeholders. Ensure strict compliance with corporate financial, commercial, and operational guidelines. Collaborate with Bid Management, Controllers, Project Managers, and regional business partners. Identify potential synergies and collaboration opportunities across regional and international operations. Maintain effective communication with internal and external stakeholders. Support cross-functional alignment to ensure financial transparency and successful project delivery. What You Bring Education Bachelor's degree in Business Administration, Economics, Finance, or a related field. Experience Minimum 3 years of experience managing complex external customer projects. Experience working on international projects and managing direct stakeholder interfaces. Experience in commercial project management, financial controlling, and contract administration. Technical Skills Commercial Project Management. Project Financial Controlling. Financial Calculations & Reporting. Free Cash Flow (FCF) Forecasting. Cash Flow Management. Budgeting & Cost Controlling. Work Breakdown Structure (WBS). Order & Sales Management. Invoicing & Payment Tracking. Accounts Receivable Management. Financial Risk Management. Currency Hedging. Financial Guarantees & Insurance. Tax Compliance. Contract Administration. Variation Order Management. Price Indexation. SAP ERP Financial Modules. Microsoft Office Suite, particularly Excel. Agile & Lean Operational Methodologies. Soft Skills Strong analytical and problem-solving skills. Effective stakeholder management. Strong communication and collaboration skills. Commercial and financial awareness. Proactive approach to risk identification and mitigation. Ability to work effectively across regional and international teams. Strong organizational and planning skills. Results-oriented mindset. Continuous improvement approach. Certifications / Professional Qualifications Certified Commercial Project Manager (CPM). Project Management Professional (PMP) / IPMA Certification. Who is Siemens Energy? At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 92,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we’re also using our technology to help protect people and the environment. 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. 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 Working with a global team Opportunities to work on and lead a variety of innovative projects Possibility to take over further tasks within the company Supportive work culture Medical benefits Remote/Flexible work Time off/Paid holidays Parental leave Continual learning through the Learn@Siemens-Energy platform e-Learning Mentorship Coaching Open feedback culture Show more