Looking for challenging role? If you really want to make a difference - make it with us Siemens Energy is focused on helping customers navigate the world’s most pressing energy problems. As a world leader in developing and producing the most advanced engineering technologies, we improve lives and further human achievements worldwide, while also protecting the climate - all thanks to our employees. With us, you can do something significant that benefits society and human progress Your new role – challenging and future-oriented We’re looking for people with the skills and vision to build a better tomorrow. Join our Generation Solutions BU as a Commercial Project Manager and help us re-imagine the world by finding solutions and making the world a smarter place for tomorrow. It’s incredibly important that our people enjoy working here and therefore we take great pride in having a friendly, helpful and engaging culture. We also appreciate that development and training is important to many and that’s why we have a supportive environment which invests in our employee’s development, whether that’s Chartership, training or mentoring. As an agile Commercial Project Manager who drives their own empowerment with adequate signature authorization and project target agreements to manage the project as commercial project entrepreneur. You will also support the Technical 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 xLife Cycle. Your Profile: · Are you actively involved in sales (CRM) / project initiation phase? Do you ensures an adequate handover phase, analyzes customers requirements, examines their commercial and contractual feasibility and transferability, incl. ECC matters You should also drives the review and evaluation of the contract conditions incl. all attachments, ensures examination by Legal Hold commercial project status meetings with the involved stakeholders 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 regulations, incl. role of the CPM (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 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 Ensures the application and the continuously managing of financial Guarantees, Bonds and project securities 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/subcontractor contracts/respective contract amendments Identifies, assesses, responds, monitors, reports, escalates all commercial risks, e.g. calculation, tax, insurances, currency Ensures communication of relevant commercial contractual obligations/conditions to the relevant project team members Member of the Change Management Authority (change control board) - review, approval, rejection of change requests incl. systematic enforcement of legitimate claims / fending off unjustified claims Performs the credit risk analysis for potential customer, together with Global Procurement for suppliers Manage compliance to standards, rules and regulations Leads project members to act according to the Business Conduct Guidelines and establishes a culture of trust and integrity (e.g. adherence of tax regulations, delegation of employees, ICFR, Signature rights, segregation of duties, ECC, EHS) Ensures compliance with relevant tax regulations, e.g. PATAC, NCM, PE management (tax returns, transfer pricing, delegation concepts) Ensures the compliance with export control regulations Ensures the compliance with hedging/currency regulations Supports PM to set up a framework to ensure regular checks of the compliance in the project, e.g. by conducting Compliance (Re-) assessments at the appropriate milestones / Quality Gates We’ve got quite a lot to offer. How about you? This role is based in Gurugram. You’ll also get to visit other locations in India and beyond, so you’ll need to go where this journey takes you. In return, you’ll get the chance to work with teams impacting entire cities, countries – 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 welcome 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 imagination and help us shape tomorrow. Organization: Siemens Energy Company: Siemens Limited Experience Level: Early Professional Job Type: Full-time