Siemens Commercial Project Manager - Building Technologies - Boston (Canton), MA in Canton, Massachusetts

Commercial Project Manager - Building Technologies - Boston (Canton), MA

Locations:Canton, Massachusetts

Job Family: Finance

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Job Description

Division: Building Technologies

Business Unit: Country Division Controller

Requisition Number: 208908

Primary Location: United States-Massachusetts-Canton

Assignment Category: Full-time regular

Experience Level: Mid level

Education Required Level: Bachelor's Degree

Travel Required: 40%

Division Description:

Building Technologies is the world market leader for safe, energy efficient and environmentally friendly buildings and infrastructure. As a technology partner, consultant, service provider, system integrator and product supplier, Building Technologies offers fire safety, security, building automation, heating, ventilation and air conditioning (HVAC) as well as energy management products and services in the USA.

Job Description:

Siemens Building Technologies is currently searching for a Commercial Project Manager (CPM) 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 (costs, revenue and cash flow) throughout the project execution phase. This encompasses sales controlling, performance measurement, planning, forecasting and reporting. The primary contacts for the CPM include Customers, Suppliers, Project Managers/ Engineers, Procurement, Legal Department, Operational Review, other Commercial Project Managers, Head of local Finance & Business Administration, internal and external Auditors, and central Financial Services.

Responsibilities:

  • Ensure proper 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 manage it throughout 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 change management issues (variations) relating to the scope of the project. Obtain 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 administrational project quality policies as per PM@Siemens and Siemens guidelines.

  • Support Project Managers in timely issuing invoices with strong focus on managing Account Receivables and project cash flow.

  • Drive Procurement together with the Project Manager by timely involving the responsible purchasing representative to ensure that the purchase orders are based on the best available bids and are within the set budget.

  • Ensure consistent terms and conditions with suppliers/subcontractors in line with the end-customer contract.

  • Coordinate other contractual requirements (e.g., performance guarantees, insurances, taxes, sureties) to achieve contract commitments.

  • Influence team to take positive action and accountability for the assigned work.

Required Knowledge/Skills, Education and Experience:

  1. BS/BA Degree in Accounting or related academic field. CPA certificate or Master’s Degree in Business Administration is desirable.

  2. 5 – 8 years of successful experience preferably as Commercial Project Manager (Project Controller or Contract Administrator or equivalent).

  3. Ability to travel approximately 40% within zone.

Not familiar with Siemens? Watch this short video that shows who we are and what we do:

https://www.youtube.com/watch?v=XS1PR-ozQaY&list=PLFECEFCCB4DC1CD73

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Equal Employment Opportunity Statement

Siemens 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, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.

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Applicants and employees are protected under Federal law from discrimination. To learn more, Click here at https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .

Pay Transparency Non-Discrimination Provision

Siemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here at https://www.dol.gov/ofccp/pdf/pay-transp_formattedESQA508c.pdf .