Commercial Project Manager (Finance)

Siemens Energy

  • Malaysia
  • Permanent
  • Full-time
  • 2 months ago
About the RoleLocationMalaysiaSelangorPetaling JayaCompanySiemens Energy Sdn. Bhd.OrganizationTransformation of IndustryBusiness UnitCompressionFull / Part timeFull-timeExperience LevelExperienced ProfessionalA Snapshot of Your DayOur Compression Service Organization is looking for a highly driven, self-motivated Commercial Project Manager to join our team of CPMs for the Asia Pacific Region. In this role, you will be responsible for all commercial aspects and project financials starting from Bid Phase to execution (controlling, reporting, and forecasting) of Long-Term Projects and Mods & Upgrades, LTPs and standard business (Parts, Field Service and Repairs). You will be a project entrepreneur responsible for commercial aspects, project financials (controlling & reporting) & clean books and records. Co-leading the project together with project manager with the objective of completing the project according to the defined Project Management (PM) standards, customer requirements and the applicable Financial Reporting Guidelines (FRG). Partnership and teamwork between the CPM and the PM is the key for the overall project success.How You'll Make an Impact
  • Work in collaboration with the project managers and co-lead our Projects (LMU, LTP) and standard business (Parts, Field Service and Repairs) commercially according to PM SE guidelines and contractual agreements.
  • Responsible for all commercial aspects and project financials including monthly revenue recognition, financial planning, risk and opportunity management, lessons learned, and optimizing profit margins & cash flow.
  • Responsible for all finance-related project topics, including but not limited to liasoning with key stakeholders like Accounting, Legal, Compliance, Tax, Foreign Exchange, and New collaboration model related topics.
  • Ensure compliance with IFRS15, local GAAP requirements, reporting guidelines and internal controls.
  • Assist the Project Manager in administering the project risk and opportunity register, preparing payment claims in accordance with contract requirements, and providing input for negotiations based on lessons learned.
  • Support claim management, back-charges, and insurance cases, ensuring proper follow-up with the Project Manager and legal team, while ensuring project execution aligns with processes and guidelines (local GAAP, IFRS, FRG, etc.).
  • Prepare and present regular project status reports to senior management and stakeholders, highlighting progress, challenges, and solutions.
  • Special assignments and interaction with internal partners and external auditors as required.
  • Ability for travel when necessary/planned up to 25%; must qualify for travel within region of employment
What You Bring
  • Bachelor's degree in finance, business administration, accounting or equivalent experience is required.
  • 6-8 years of professional experience in Business Administration, Accounting, or Finance fields.
  • Solid understanding of project management principles, with experience in identifying, evaluating, and assessing risks and opportunities in project controlling.
  • Project management skills, negotiation skills, strategic & analytic competence, be able to take pressure, skills to understand & interpret and present financial figures
  • Thorough understanding of IFRS and Siemens Energy FRGs
  • Strong skills in PC applications, primarily SAP, Microsoft Office, as well as strong analytical skills
  • Proficiency in business analytics tools (Alteryx, Power BI, Tableau or similar) as well as experience and curiosity about using Artificial Intelligence to address business needs
  • Ability to anticipate issues and blocking points and to take mitigating actions in advance
  • The candidate should have demonstrated skills to work effectively in a team-oriented environment.
  • Ability to multi-task and work under pressure to meet deadlines is required.
About the TeamOur Transformation of Industry division is decarbonizing the industrial sector. Increasing electrification and efficiency are key and demand for green H2 and derivative fuels will rise. We enable decarbonization of the industrial sector and the transition to sustainable processes, building on a strong industrial customer base, a global network, diverse technologies, and integrated execution capabilities. Candidates want to learn about the divisions they will be joining-the structure, how it works together, and the role it plays in driving Siemens Energy's mission forward.Who is Siemens Energy?At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.Find out how you can make a difference at Siemens Energy:Our Commitment to DiversityLucky for us, we are not all the same. Through diversity, we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character - no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.Share this job:

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