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Job Family: Finance

Req ID: 415580

Pioneering 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. Automation’s impact on the railway industry is second only to the effects of digitalization. Combine them and the results are transformative! We work at the leading edge of this movement, applying our proven expertise in digitalization to rail infrastructure and automation.

Our innovative solutions deliver greater safety, punctuality, reliability, and sustainability across the line, all while reducing costs for mass transit and freight transportation systems. We are continuously developing new answers for rail automation – often to questions that haven’t been asked yet.

Position Overview:

We are seeking a professional Commercial Project Manager with a proven track record of being a key commercial support to the project team of sophisticated projects. The Commercial Project Manager will be responsible for the execution of Light Rail projects of typically $60M to $200M+ in contract value and durations from 4-5 years. Together with the Project Manager, the Commercial Project Manager is responsible for the project execution during all project phases including planning, design, procurement, manufacturing, commissioning, customer acceptance, and warranty, with a focus on financial topics. Duties include liaising with operational departments to ensure financial targets are achieved while meeting goals for customer satisfaction, schedule, and quality. Another important aspect of the job is maintaining tight cost control and providing accurate and timely information to make key decisions regarding the project financials. The Commercial Project Manager is responsible for all financial aspects of the project and reports to the Director, of Finance & Business Administration of the Light Rail business.

What you will be doing :

• Manage financial results according to set targets and with due professional care; optimize project gross profit, cash flow, assets, and financing instruments.

• Manage all commercial aspects of the project, including financial planning, cost controlling, invoicing and payment collection, business models, financing concepts, currency hedging, risks and opportunities, contract analysis, etc.

• Ensure compliance with the contract documents; identify and pursue claims in cooperation with the assigned contract manager.

• Proactively manage changes in project scope, identify potential problems, and initiate the development of contingency plans/risk mitigation measures.

• Supervise and control project scope, schedule, budget, risks/opportunities, and deliverables that support business goals in collaboration with the extended Project Team.

• Support the development and delivery of monthly project reports, customer progress reports, customer change proposals, and preparation of presentations to management and customers.

• Monitor revenue recognition: actual vs plan, degree of completion, cost to complete, total forecasted costs vs planned

• Ensure accuracy of project books and records, including recording in the appropriate systems, e.g. SAP - ensure compliance with Siemens Financial Reporting Guidelines plus local GAAP requirements. Ensure all related Project Reporting and Controlling activities.

What you will need to be successful:

• Bachelor's degree or higher in accounting/finance

• 3+ years of successful Project Management experience

• Detailed reporting and controlling experience including P&L responsibility for assigned projects, balance sheet, cash-flow

• Comprehensive experience in controlling and accounting, contracts and claims management, and supply chain management in a factory environment

• Experience working on project/product teams supporting multiple projects/products and project managers

• Experience leading direct or indirect employees in a cross-functional, matrix organization

• Excellent oral and written communication skills; must be able to demonstrate presentation skills.

• MS Office including Excel, PowerPoint, Word

• Project Management Certification preferred

• Experience in the rail industry

Why Siemens Mobility?

· # 9 On Forbes Great Places to Work List

· 11 paid holidays, 18 days PTO

· 401K – 6% company match

· Medical, dental, vision, and life insurance

· Tuition reimbursement

· Overtime when available

· Freedom and healthy work-life balance– Health, Dental, Vision Insurance, HSA/FSA, Commuter Benefits – starting Day 1!

· Solve the world's most significant problems – Be part of exciting and innovative projects.

· Engaging, challenging, and fast evolving, pioneering technological environment.

· Competitive total rewards package.

· Opportunities to contribute your innovative ideas and get paid for them! Please take advantage of our employee referral program!

· Tuition Reimbursement program, Mentor Programs, and your development through online learning.

While we appreciate all applications, we advise that only candidates under consideration will be contacted.

This position is based in Sacramento, CA. We offer 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 base salary range for this position in Sacramento, CA, is $96,800 - $130,700. The salary may be higher or lower depending on the budget and the candidate's experience, knowledge, skills, and qualifications.

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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 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.

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