Commercial Project Manager – Karachi, Pakistan at Siemens…

Commercial Project Manager Pakistan, KarachiWe know that a business thrives only when its people are thriving. That’s why we always put our people first. Our global and diverse team is eager to support you and challenge you to grow in many ways. Who knows where our joint journey will take you?Siemens strongly believes in the value of a Digital Portfolio. Thats why Smart Infrastructure combines Digital Power Distribution and Digital Building Infrastructure technologies. Our Digital Portfolio enables our customers to experience buildings that are intuitive, comfortable, safe, secure, and energy-efficient.Our Smart Infrastructure team works to create resilient and sustainable infrastructure. We connect the physical world with the digital world. With the help of data and analytics, we empower our customers to make their energy systems and processes in buildings and industries more efficient and sustainable. Together with our customers, we transform the everyday for a better tomorrow.Join our Smart Infrastructure (Grid Software) as Commercial Project Manager and help us reimagine the world by finding solutions that make tomorrow a more innovative place.Youll make a difference byIn Collaboration with respective Project Manager, as a Commercial Project Manager you are responsible for the controlling and commercial project management of Projects of Saudi Arab region. This includes:Ensuring accurate and timely order booking/opening in SAP including defining revenue recognition method (SDI, CCM or POC), structuring projects, assigning partner roles, planning costs and revenue and arranging insurance and bank guarantees.Commercial Project Management and controlling including continuous analysis of planned vs. actual costs at both project and WBS levels.Regularly update project calculations, ensure timely invoicing and payment collection, conduct project reviews and status meetings, generate project reports as needed and verify project bookings/assigned costs, making corrections when required.Support Business Lines in monthly/quarterly forecasting for Order Intake, Net Sales and Gross Margin.Conduct timely assessments of project related provisions, accruals and risk contingencies based on proper documentation.Oversee Opportunity Risk Management by identifying and evaluating financial opportunities with the PM, implementing risk mitigation measures and ensuring adequate precautions for remaining risks (provisions/risk contingencies per IFRS).Manage Claims, Change Orders and Contract, including contract reviews, commercial analysis of customer and supplier agreements for potential claims or variation orders, asserting valid claims, defending against unjustified ones and preparing claim documentation.Support internal external project audits as required and execute project close out activities.Actively performs asset management, initiates invoicing according to project progress and contractual terms and ensures proper payment allocation.Supports PM to set up a framework to ensure regular checks of compliance in the project, e.g. by conducting Compliance (Re-) assessments at the appropriate milestones / Quality Gates.Your success is grounded inBachelors or advanced degree in finance accounting4 – 8 years of experience in commercial project execution controllingPreferably Certified in CPMSiemensStrong knowledge of project controlling, accounting / finance, contract subcontract management and supply chain management.Experience supporting multiple projects and project/product teams, collaborating with project managers and/or line managers.Strong interpersonal and communication skills with the ability to work collaboratively across departments.Analytical and detailed oriented mindset, capable of handling complex topics systematically.Proactive, results-driven and able to manage multiple tasks while prioritizing dynamic work activities.Proficiency in SAP and SAP Business Warehouse.Advanced skills in MS Office (Excel, PowerPoint, Word), particularly Excel.We offer youDiverse and inclusive culture.An environment where everyone can bring their whole self and feel a sense of belonging.the foundation to develop personally and expertly.Great variety of learning development opportunitiesTransform the everyday with us!If you are a motivated teammate, eager to learn new things and looking to grow your career in a strong and forward-thinking company, hit apply!. Siemens is dedicated to quality, equality, and valuing diversity, and we encourage applications that reflect the diversity of the communities within which we work. Siemens is an equal opportunities employer and do not discriminate unlawfully on any grounds. We are committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.At Siemens, we are always challenging ourselves to build a better future. We need the most innovative and diverse Digital Minds to develop tomorrow s