- Bangalore - Karnataka - India
Hello Visionary!
We empower our people to stay resilient and relevant in a constantly changing world. We’re looking for people who are always searching for creative ways to grow and learn. People who want to make a real impact, now and in the future. Does that sound like you? Then it seems like you’d make an outstanding addition to our vibrant team. Siemens Mobility is an independent run company of Siemens AG. Its core business includes rail vehicles, rail automation and electrification solutions, turnkey systems, intelligent road traffic technology and related services. In Mobility, we help our customers meet the need for hard-working mobility solutions. We’re making the lives of people who travel easier and more enjoyable while constantly developing new, intelligent mobility solutions!
We are looking for Dy. Commercial Project Manager
As a Dy. Commercial Project Manager, you will support the project to drive profitable project execution, manage working capital of the project, control the project’s costs and manage risk, prepare project forecast, review the project at periodic intervals and present the project progress to management on time to time basis.
You’ll make a difference by
- Active Customer Relationship Management. Proactively communicate with customers’ commercial representatives and manage solving of commercial issues.
- Checking that the overall project's contractual structure has been correctly created in the respective commercial tools
- Cross-Company coordination- Assurance of the correctness, consistency and transparency of the overall project's financial status
- Coordination of legal, fiscal and insurance subjects between the Siemens companies involved
- Consolidation and analysis of project figures across all company boundaries and accounting units
- Managing internal and external claims between all possible stakeholders
- Reporting- Responsible for summarizing global reporting to the relevant Management level
- Documentation in line with the mandatory internal and external requirements
- Project-internal- Managing commercial and legal subjects in the project
- Collaboration with the Project Manager in terms of the project's strategic orientation and its respective internal and external communication. Support the Project Manager to achieve the financial results according to set targets, managed with due professional care and optimize the project gross profit, cash flow and assets and financing instruments.
- Adherence to fiscal, commercial law and company-internal rules
- Commercial project coordination (e.g. application for and follow-up of bank guarantees, insurances, etc.) as well as coordination of legal, fiscal and insurance subjects
- Order entry calculation, concurrent costing and final costing. Ensure correct allocation and monitoring of costs.
- Asset and cash flow management - Optimize operating working capital throughout the project lifecycle to ensure positive free cash flow
- Preparation of invoices and follow-up of claims
- Project-internal controlling (deadlines, costs, quality)
- Regular project reporting / project status meetings / milestone reviews
- Involves in the creation of final project reports and summarization of lessons learned with feedback to the organization
- Overall handling of fiscal, currency-related aspects and insurance subjects, involving the department responsible and taking into consideration internal business models
- Steers the project's supply chain incl. procurement, delivery and ECC
- Calculation of Price Variations based on escalation formulae as per application indices and ensuring claim realization from customers and to vendors.
- Ensure the accuracy of project books and records and keeping our systems updated, e.g. SAP and ensure compliance with Financial Reporting Guidelines
- Contract management- Wording of the commercial and legal contractual conditions with customers, consortium members and subcontractors
- Involved in negotiations as well as interpretation and implementation of contracts in projects
- Analysis and assessment of complex, where applicable international contract constellations
- Drive Contract management throughout the project delivery phase including proactive opportunity and claim management strategies to maximize the project outcome.
- Risk, Claim and change order management
- Ascertain own claims from customers including Extension of Time Compensation and prevention of unjustified claims from vendors.
- Agreement on contractual amendments regarding the scope of supplies and services, prices, deadlines or other contractually stipulated conditions
- Identification and financial assessment of opportunities and risks, definition and implementation of suitable measures to reduce risks or realize opportunities, and creation of contingencies for remaining risks, active risk and opportunity management.
Desired Skills:
- You should have minimum experience of 3 - 5 years along with Bachelors/Post graduate degree (CA, MBA, CMA etc.) in Finance.
- Have good communication skills to deal with different stakeholders within/outside organization (domestic and international).
- A Project Manager certification along with working experience on SAP especially SD, FICO modules, would be an added advantage
- Should have a growth mindset with an edge for learning and taking up new responsibilities
Join us and be yourself!
We value your unique identity and perspective and are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us.
Make your mark in our exciting world at Siemens.
This role is based in Bangalore. You might be required to visit other locations within India and outside. In return, you'll get the chance to work with teams impacting - and the shape of things to come. We're Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and we encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us shape tomorrow.
Find out more about mobility at: https://new.siemens.com/global/en/products/mobility.html and about Siemens careers at: www.siemens.com/careers.