Responsibilities:

• Follow Limits of Authority (LoA) process during bid phase including assessment of contractual terms and conditions (with legal dept), evaluation of risks and their adequate consideration in bid calculation. Ensures compliance with LoA approval during project execution.

• Ensure compliance to all relevant internal and external guidelines such as Business Conduct Guidelines, Financial Reporting Guidelines (IFRS, US-GAAP), PM@Siemens, tax, export control, EHS, ICFR / RIC requirements, signature authorities

• Ensure proper financial project set-up including work breakdown structure (WBS) in line with agreed project budget based on the planned delivery schedule and ensure accuracy of calculation and records throughout the project execution phase

• Partner with the Project Manager in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets, opportunity management and financing instruments)

• Perform financial budgeting and forecasting, controlling (cost-to-complete, total forecasted vs. planned costs), reconciliation of project cash flow, and constant deviation analysis actual vs plan

• Prepare and present commercial topics in the project status meetings with relevant stakeholders including escalation of critical topics, if required

• Collaborate with the Project Manager on change management (plan cost adjustments, variations, claims). identify and minimize non-conformance costs, conduct root cause analysis and define corrective and preventive measures. Obtain verification and approval of variations / claims prior to submittal to the customer / supplier ensuring appropriate costing and pricing in accordance with internal guidelines

• Partner with the Project Manager in identifying, evaluating, and assessing risks & opportunities, strategies, and response activities. Constantly assess risks& opportunities and their impact in the project calculation while proposing measures to prevent negative margin slippage

• Implement and drive measures together with the Project Manager to leverage opportunities to improve the project performance, e.g. through claims and variation management. Collaborate Project Manager to ensure Project Quality based on Siemens guidelines and achievement of project goals

• Ensure timely issuing of invoices with a strong focus on managing receivables, reducing project assets and maximizing project cash flow

• Drive Procurement together with the Project Manager by involving the responsible purchasing representative to ensure that the purchase orders are based on the best available bids, within the set budget and terms and conditions are in line with the customer contract

• Coordinate other contractual requirements (e.g., performance guarantees, insurances, taxes, sureties) to comply with contract commitments

• Actively communicate with customers’ commercial representatives and manage customer expectations and resolution of commercial issues

• Influence team to take positive action and assume accountability for assigned work packages

• Regularly perform lessons-learned activities on commercial aspects and feed results into own project lessons-learned activities and into organization

• Drive interpersonal relationships, foster effective communication, and manage conflicts

Y You will impress us with the following qualifications:

Required Experience

• Education: Bachelor’s Degree in Accounting, Finance, Business, or related field

• Hybrid Role

• Required travel: 10-20%

• Experience: 3+ years of work experience in commercial project controlling / management in complex construction projects

• Proficiency with Microsoft Office, including Word, Excel, PowerPoint, and Outlook.

• Must have strong verbal and written skills in English.

• Qualified Applicants must be legally authorized for employment in the United States and will not require employer-sponsored work authorization now or in the future for employment in the United States.

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Preferred Knowledge/Skills, Education, and Experience:

• Education: Master's Degree in Business Administration.

• Certified Public Accountant certificate.

• Proficiency with related SAP modules.

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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