
Commercial Project Manager
19 hours ago
**Mission/Position Headline**:
Responsible for the completion of all commercial/financial related matters. Furthermore supporting the respective General Project Manager (GPM) in all other areas with the objective of executing the project according to the defined Project Management (PM) standards, customer requirements and the applicable Financial Reporting Guidelines (FRG).
A professional collaboration between the CPM and the General Project Manager is key for the overall project success.Describe the remarkable challanges & characteristics of this position/ role. For orientation please notice existing definitions of GRIP.
**Areas of Responsibility**:
Empowerment
Drives own empowerment with adequate signature authorization and project target agreement to manage the project as commercial project entrepreneur
Supports the PM in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets and financing instruments)
Manage the project throughout the project Life Cycle
Is actively involved in sales (CRM) / project initiation phase, if applicable
Ensures an adequate handover phase, analyzes customers requirements, examines their commercial and contractual feasibility and transferability, incl. ECC matters
Drives the review and evaluation of the contract conditions incl. all attachments, ensures examination by Legal
Holds commercial project status meetings with the involved commercials (incl. onshore, offshore, site etc)
Ensures correct methodology for evaluation of risk and opportunities as defined, e.g. in FRG, PM guide
Supports the PM in identifying, evaluating, assessing risks & opportunities, strategies and response activities
Ensures adherence of NCM regulations, incl. role of the WPC (as per FRG, NCM guideline, specific regulations)
Coordinates together with the PM the proper allocation of onshore and offshore parts # Ensures together with the PM the adherence to internal controls (RIC), incl. ICFR # For cross border projects: synchronizes contract structure with tax and delegation concept; preparation and signature of NCM mandatory documents
Manage Project finances
Empowerment
Drives own empowerment with adequate signature authorization and project target agreement to manage the project as commercial project entrepreneur
Supports the PM in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets and financing instruments) Manage the project throughout the project Life Cycle
Is actively involved in sales (CRM) / project initiation phase, if applicable
Ensures an adequate handover phase, analyzes customers requirements, examines their commercial and contractual feasibility and transferability, incl. ECC matters
Drives the review and evaluation of the contract conditions incl. all attachments, ensures examination by Legal
Holds commercial project status meetings with the involved commercials (incl. onshore, offshore, site etc)
Ensures correct methodology for evaluation of risk and opportunities as defined, e.g. in FRG, PM guide
Supports the PM in identifying, evaluating, assessing risks & opportunities, strategies and response activities
Ensures adherence of NCM regulations, incl. role of the WPC (as per FRG, NCM guideline, specific regulations) # Coordinates together with the PM the proper allocation of onshore and offshore parts
Ensures together with the PM the adherence to internal controls (RIC), incl. ICFR
**# For cross border projects**: synchronizes contract structure with tax and delegation concept; preparation and signature of NCM mandatory documents Manage Project finances # Ensures the accuracy of cost and pricing calculation as well as overall project books and records, incl. recording of such in appropriate systems, e.g. SAP
Prepares commercial documentation for regular project status meetings and ensures the accuracy of the commercial project data (i.e. FC, MIKA, cash flow)
Actively performs asset management, initiates invoicing according to project progress and contractual terms and ensure proper payment allocation (onshore/offshore/consortium)
Ensures compliance with Siemens FRG and local GAAP requirements
Supports the PM in identifying, minimizing non-conformance costs and establishing an appropriate reporting structure; supports the implementation of lessons learned into own project and the organization in general Manage the risk, contract and claims
Ensures compliance with LoA guidelines for commercial aspects, e.g. risk management process
Conducts contracts/claim/change order negotiations with regard to commercial aspects
Together with the PM, proactively sets up a contract and claim management, including involvement of the assigned CM, if required as per applicable regulations
Supports the CM by summarizing the critical and legal elements and the PM by ensuring that the critical and legal elements are duly considered in partner/
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