Apply on Employer Site

Siemens · 4 hours ago

Commercial Project Manager & Contract Manager

Philadelphia, PA

Full-time, Contract

Hybrid

Mid Level

$83K/yr - $135K/yr

4+ years exp

Siemens is a global technology company focused on industry, infrastructure, transport, and healthcare. The Commercial Project Manager & Contract Manager will oversee commercial aspects of assigned projects, manage project finances, and provide contractual support throughout the project lifecycle.

Artificial Intelligence (AI)ConsultingCyber SecurityInternet of Things

No H1B

Responsibilities

Manage projects throughout the Project Life Cycle

Oversee the bid preparation and approval process (Limits of Authority), review, evaluate and negotiate contractual terms with support of Legal department, evaluate risks and ensure conformance during project execution

Empower yourself as commercial project entrepreneur during the project execution phase from order intake, through design, delivery, installation and commissioning to warranty phase

Partner with the Project Manager in identifying, evaluating, and assessing risks and opportunities, and developing strategies and response activities to avoid margin slippage

Prepare and present commercial topics in internal and external project meetings and escalate critical issues when necessary

Manage customer requirements and stakeholder expectations with the Project Manager

Secure project target by enforcing stringent contract and claim management

Ensure compliance with standards, rules, and regulations, fostering a culture of trust and integrity (e.g. financial reporting guidelines acc. to IFRS and US GAAP, tax regulations, business conduct, signature rights, export control, EHS, ICFR/RIC etc.)

Manage Project Finances & Planning

Partner with the Project Manager to manage financial results, focusing on project gross profit, cash flow and minimizing non-conformance costs

Perform annual budgeting, monthly forecasting & cost control, cash flow reconciliation, and deviation analysis. Ensure accuracy of project books and records in SAP

Ensure timely invoicing, actively managing receivables, and maximize cash flow

Coordinate procurement efforts to ensure best bids within budget and compliance with customer contracts

Manage financial guarantees / bonds and insurance requirements

Encourage team accountability, foster team collaboration and conduct lessons-learned reviews for continuous improvement

Contractual Support & Management

Support Project Management teams in disputed matters with customers, subcontractors and vendors, such as scope disputes, change orders, claims for additional compensation, schedule changes, and warranty issues

Draft, review, and negotiate contracts with customers, subcontractors and vendors

Standardize and enhance contract management practices and tools

Contribute to the development of training, templates, and best practices for contract management

Provide executive leadership to increase contract awareness among project teams and promote a contract management culture to reduce risk in projects

Qualification

Commercial project managementContract managementRisk mitigationSAPContract lawProject change controlResilienceMicrosoft OfficeCommunicationInitiativeConflict management

Required

Bachelor's degree in Accounting, Finance, Business and/or Law or related field

4+ years of work experience in commercial project controlling/management in construction projects

Strong knowledge of contract law, project change control and risk mitigation

Required travel: 10-20%

Demonstrated ability to take initiative and adapt to changing circumstances

Excellent written and verbal communication skills in English

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