The responsible Commercial Project has the controlling function for the project as per Siemens Energy India Limited regulations & guidelines.

• Drive the project from Finance / Commercial prospective as per PM@Siemens and SFRG

• Drive the Commercial / Contractual topics alongwith the PM

• Taking over the project from bid, including but not limited to Cost Calculations / Backup offers, Bank Guarantees, understanding on commercial concepts of project, i.e. Tax, Insurance, PE etc.

• Order intake calculation along with Project Manager – PM 100

• Order Booking, Sales Order Creation, Work Breakdown Structure Management

• Cost Controlling and variance reporting on periodical basis.

• Forecasting of revenue / collections.

• Management of Site-setup, including arrangement of Site infrastructure, Site Cash, Labour License etc.

• Maintaining / Controlling of contractual obligations, i.e. BG / LCs / Insurance Policy for customer and suppliers.

• Ensuring timely booking of cost and revenue as per the conditions of contract / purchase order

• Controlling the Accounts receivable function of the projects, including timely Billing, submission to customer, resolution of issues / discrepancies, reconciliation with Customer and Suppliers.

• Maintaining Project cash flow.

• Calculation and updation of Price Variation as per SFRG

• Managing Claims towards customer and suppliers alongwith the PM

• Commercial project coordination - internal & external

• Controlling & maintaining all suppliers payments and vendor reconciliation

• Planning and coordination of the project shipments

• Compilation of export/import documentation

• Monitoring & ensuring all records such as labour, PF, ESI as per statutory rules & regulations

• Final project end calculation & reconciliation after PM 650 i.e. customer acceptance till PM 700 i.e. End of warranty phase along with Project manager

• Retrieval of Bank Guarantees at project closure

Qualification:- Graduate/ B.com with minimum 5yrs experience.