Job Family: FinanceReq ID: 434789Pioneering in America, from the first mile to the last. This is what drives us.For more than 160 years, Siemens has been an integral provider of infrastructure, electrification, and transportation solutions in the United States. Rail systems must do one thing above all: run. With modern maintenance solutions – from diagnostics to data-based action recommendations, from quick delivery of replacement parts to strategically planned modernization – we ensure your systems' highest reliability and availability: 100% Railability . We are constantly developing new, intelligent mobility solutions that increase the availability of infrastructure for the society, optimize route usage and create a new quality of travel.Good service means we are there for our partners and customers when they need us – and beyond. That is because we define ourselves by what we do. Every day, every hour, every minute. We help our customers move the world.Position Overview:Siemens Mobility Customer Service is seeking an experienced Commercial Project Manager (CPM) / Controlling Manager to be responsible for all commercial aspects related to a customer contract (“Project”) starting with the sales phase up to the end of the complete project execution phase. The CPM is fully responsible for financial and commercial management (Contract, costs, revenue, and cash flow) throughout the project execution phase. This encompasses sales controlling, performance measurement, planning, forecasting, reporting, customer negotiations, project team leadership and risk and opportunity management. The primary contacts for the CPM include Customers, Suppliers, Project Managers/ Engineers, Procurement, Legal Department, Operational Review, other Commercial Project Managers, Heads of local Finance & Business Administration, internal and external Auditors, and central Financial Services.What your day-to-day will look like:
Ensure accurate financial project set up including WBS structure in line with agreed project budget and company internal contractual arrangements. Set up of a financial performance plan for the project based on the planned delivery schedule for the offered scope during the sales phase and handle it through the project execution phase.
Set up and closely monitor revenue recognition: actual vs plan, degree of completion, cost to complete, total forecasted costs vs planned. Ensure full compliance of revenue and cost recognition with Siemens accounting policies under US-GAAP / IFRS, as well as overall compliance with internal controls, i.e. Sarbanes-Oxley, export control, signature authorities.
Perform financial planning, forecasting, controlling, reconciliation of project cash flow and constant deviation analysis. Ensure data integrity between SAP back-end and specific front-end tools (division specific).
Support the responsible Project Manager on organizational change issues (variations) relating to the scope of the project contractually and internal. Acquire verification and approval of variations prior to submittal to the customer ensuring appropriate costing and pricing in accordance with PM@Siemens Guidelines.
Constantly assess risks and opportunity and their impact either in the risk register and/or in the gross margin and propose measures to prevent negative margin slippage due to risks that could have been avoided.
Implement and drive measures together with the project manager to leverage opportunities to improve the project performance, e.g. through claims and variation management. Support Project Managers to ensure Project Quality based on PM@Siemens Guidelines and achievement of project goals (Revenue, Margin, SG&A, etc.).
Ensure quality on all commercial and administrative project quality policies as per PM@Siemens and Siemens guidelines.
To thrive in this role, you have:
Bachelor’s degree or in lieu of degree 8+ years of equivalent experience in Financial Project management of complex projects.
5+ years of successful Financial Project Management experience in complex projects.
PMI Certification or PM@Siemens C or B.
Excellently demonstrated verbal, and written communication skills as well as demonstrated presentation skills.
Ability to travel - 25%
Setting you apart from others would be a CPA, MBA or MS in Finance, Economics, Accounting or Business with manufacturing experience and exposure to general accounting and cost accounting. Experience with SAP is a plus.
Why you'll love working for Siemens!
Freedom and healthy work-life balance– Health, Dental, Vision Insurance, HSA/FSA, Commuter Benefits – starting Day 1.
We believe that each member of our team is accountable for making decisions, solving problems, and taking actions that contribute to long-term impact and financial success.
We do the right thing. We stand for green innovations and meaningful solutions with impact on customers, ecosystem partners, society, and environment.
We are front-runners in digitalization and building platforms. Therefore, we are hiring ambitious forward-thinkers who want to have a real impact.
Tackle the world's most significant problems – Be part of exciting and innovative projects.
Opportunities to contribute your innovative ideas and get paid for them! Take advantage of our Tuition Reimbursement program, Mentor Programs, and your development through online learning. We operate daily with a growth mindset - that's why Siemens consistently ranks on the Fortune World's Most Admired Companies list!
Employee perks and discounts in addition to our 401k match and generous Paid Time Off.
Siemens offers a variety of health and wellness benefits to employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html . The pay range for this position in Sacramento, CA is $141,500-$191,500 and in Lexington, NC is $128,700-$174,200 and the annual incentive target is 15% of the base salary. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, and qualifications.#LI-LS1#LI-OnsiteEqual Employment Opportunity StatementSiemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.Reasonable AccommodationsIf you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form by clicking on this link Accommodation for disability form (https://www.siemens.com/us/en/company/jobs/search-careers/accommodation-for-disability.html) If you’re unable to complete the form, you can reach out to our AskHR team for support at 1-866-743-6367. Please note our AskHR representatives do not have visibility of application or interview status.EEO is the LawApplicants and employees are protected under Federal law from discrimination. To learn more, Click here (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) .Pay Transparency Non-Discrimination ProvisionSiemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp%20EnglishformattedESQA508c.pdf) .California Privacy NoticeCalifornia residents have the right to receive additional notices about their personal information. To learn more, click here (https://new.siemens.com/us/en/general/legal/us-internet-privacy-notice-state-rights.html) .
