Company Profile: Siemens - An Integrated Technology Leader
Siemens stands as a premier Integrated Technology Company,
globally recognized for its leadership in market and technology across its core
sectors: Energy, Healthcare, Industry, and Infrastructure & Cities. For
over 165 years, the organization's commitment to technological excellence,
innovation, quality, reliability, and an international focus has been its
hallmark. This legacy has established Siemens as a strong, trusted partner,
deeply linking it to its shareholders, employees, and customers worldwide.
Job Title: Commercial Project Manager
- Location:
Lagos, Nigeria
- Employment
Type: Full-time
- Organization:
SE CFO
- Business
Unit: Gas Services
A Snapshot of the Day
The Service Organization at Siemens is actively seeking a
highly driven and self-motivated Commercial Expert to join its dynamic
team. This role mandates the assumption of responsibility for all commercial
aspects and project financials related to Service Orders. The Commercial
Project Manager will act as the essential financial partner to the sales and
project management organizations, ensuring robust financial governance and
strategic input.
The position is situated within a fast-paced environment
where the Commercial Project Manager's financial expertise is critical,
impacting the bid, proposal, and subsequent contract execution processes.
How the Commercial Project Manager Makes an Impact
The Commercial Project Manager performs a crucial function
within the Gas Services unit by executing the following key responsibilities:
- Financial
and Commercial Negotiation: Reviewing, analyzing, and negotiating the
financial and commercial components of internal and external customer
proposals, including Master Frame Agreements.
- Cost
and Pricing Accuracy: Collaborating closely with the Sales Lead and
Project Manager to ensure the accuracy of cost and pricing calculations
throughout contract negotiations.
- Regulatory
Compliance: Upholding strict compliance with accounting rules,
specifically IFRS 15 and local GAAP, alongside adherence to Legal,
Compliance, Tax, Foreign Exchange regulations, and established business
models.
- Financial
Planning and Reporting: Conducting monthly project financial
forecasting and reporting. This includes assessing and effectively
communicating potential risks and opportunities regarding financial
impacts to relevant stakeholders.
- Contractual
Achievement: Ensuring the achievement of all contract requirements.
This involves providing support for elements such as performance
guarantees, FX hedging, insurances, and taxes.
- General
Ledger Activities: Performing various general ledger tasks, including
processing project-related journal entries and completing balance sheet
account reconciliations. The role also provides necessary support during
Internal and External Audits.
- Project
Commercial Support: Working in collaboration with Project Managers to
deliver comprehensive commercial support for all assigned projects,
strictly adhering to PM@SE guidelines and contractual agreements.
- Full
Commercial Ownership: Assuming responsibility for all commercial
aspects and project financials, encompassing monthly revenue recognition,
detailed forecasting, proactive risk and opportunity management, capturing
lessons learned, and optimizing profit margins and cash flow.
What the Commercial Project Manager Brings
Essential Qualifications:
- Education:
A Bachelor’s Degree in Finance, Business Administration, Accounting, or
equivalent experience is required.
- Experience:
Possessing a minimum of 5+ years of professional experience in
Business Administration or Finance, with a preference for experience
gained in Project Execution environments.
- Communication
& Teamwork: Demonstrating excellent communication skills, coupled
with the proven ability to work effectively both independently and within
a team-oriented setting.
- Language
Proficiency: Fluency in both Portuguese and English is
required. Proficiency in a third language would be considered beneficial.
- Mobility:
The ability to travel is a requirement of the position.
- Technical
Knowledge: Mandatory knowledge of US GAAP/IFRS, specifically in
percentage of completion (PoC) accounting, is essential. Strong
proficiency with Microsoft Office applications and SAP is also required.
- Leadership:
Previous leadership experiences are preferred attributes for this role.
Rewards and Benefits
Siemens is dedicated to its employees' professional and
personal well-being, offering a robust benefits package designed to support
growth and work-life balance in the Nigerian job market:
- Team
Collaboration: Opportunities to work with a distributed, global team.
- Project
Innovation: Access to work on and lead a variety of innovative
projects.
- Health
and Wellness: Comprehensive medical benefits.
- Time
Off: Generous time off, paid holidays, and parental leave policies.
- Continuous
Learning: Continual professional development through the dedicated Learn@Siemens-Energy
platform.
- Community:
Access to a variety of employee resource groups that foster inclusion and
networking.
How to Apply
Interested and qualified candidates for the Commercial
Project Manager role are encouraged to apply by clicking the link below:
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