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Siemens

Commercial Project Manager

Thane, India
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Description
Looking for a challenging role? If you want to make a difference - make it with us

As Siemens Energy, "We energize society" by supporting our customers to make the transition to a more sustainable world, based on innovative technologies and our ability to turn ideas into reality. We do this by:
  • Expanding renewables
  • Transforming conventional power
  • Strengthening electrical grids
  • Driving industrial decarbonization
  • Securing the supply chain and necessary minerals 

We offer products, solutions, and services across the entire energy value chain. 

Your new role - exciting and future-oriented

Project Management:
  • Lead and manage projects throughout the entire project life cycle.
  • Active involvement in sales and project initiation phases, including customer requirements analysis, commercial and contractual feasibility assessment, and ECC matters.
  • Review and evaluation of contract conditions, including legal scrutiny.
  • Conduct commercial project status meetings with stakeholders.
  • Ensure the correct methodology for evaluating risks and opportunities is applied.
  • Identify, evaluate, assess risks and opportunities, and develop appropriate response strategies.
  • Ensure adherence to regulations, including the role of the CPM as per FRG, NCM guidelines, and specific regulations.
  • Coordinate onshore and offshore allocations with the Project Manager.
  • Ensure compliance with internal controls (RIC), including ICFR.

Project Finances:
  • Verify cost and pricing calculations and maintain accurate project books and records, including SAP data.
  • Prepare commercial documentation for regular project status meetings and ensure data accuracy (FC, MIKA, cash flow).
  • Manage asset management and initiate invoicing per project progress and contractual terms.
  • Ensure compliance with Siemens FRG and local GAAP requirements.
  • Oversee the application and management of financial guarantees, bonds, and project securities.
  • Support the PM in identifying and minimizing non-conformance costs and implementing lessons learned.

Risk, Contract, and Claims Management:
  • Ensure compliance with LOA guidelines for commercial aspects and risk management processes.
  • Participate in contract/claim/change order negotiations for commercial aspects.
  • Establish a contract and claim management framework, involving the assigned CM when necessary.
  • Summarize critical and legal elements, ensuring their consideration in partner/subcontractor contracts.
  • Identify, assess, respond to, monitor, report, and escalate all commercial risks, such as calculations, tax, insurances, and currency.
  • Communicate relevant commercial contractual obligations/conditions to project team members.
  • Participate in the Change Management Authority (change control board) for change request review and approval.
  • Perform credit risk analysis for potential customers, in collaboration with Global Procurement for suppliers.

Compliance to Standards, Rules, and Regulations:
  • Lead project members to adhere to Business Conduct Guidelines and promote a culture of trust and integrity.
  • Ensure compliance with relevant tax regulations, including PATAC, NCM, and PE management.
  • Compliance with export control regulations.
  • Adherence to hedging/currency regulations.
  • Support PM in establishing a framework for regular compliance checks in the project.


We don’t need superheroes, just super minds

Qualifications and Requirements:

  • Qualified CA / ICWA / master's degree in business administration / finance or related field.
  • Proven experience in commercial project management.
  • Strong understanding of financial principles and project management methodologies.
  • Excellent negotiation and contract management skills.
  • Familiarity with relevant regulations and compliance standards.
  • Leadership and team enablement capabilities.
  • Exceptional problem-solving and analytical skills.
  • Proficiency in SAP and Microsoft Office Suite.
  • Strong communication and interpersonal skills.

What do we offer
  •   Rewarding career
  •   International opportunities
  •   Diverse inclusive culture

Make your mark in our exciting world of Siemens

We have multiple openings across different locations. We celebrate the fact that our employees are individuals and have different wants and needs. If we all thought the same, we would never think of anything new. That’s why we recruit phenomenal minds from all walks of life. We recognize that building a diverse workforce is essential to the success of our business, therefore we encourage applications from a diverse talent pool.

We’ve got quite a lot to offer. How about you?
Siemens
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