What are the responsibilities and job description for the Financial Analyst / Commercial Project Management position at Siemens Energy?
A Snapshot of Your Day (position overview)
Our Gas Service organization is looking for a highly driven, self-motivated Financial Analyst / Commercial Project Manager to join our team of CPMs. In this role, you will be responsible for all commercial aspects and project financials (controlling, reporting, and forecasting). You will work together with our project management organization with the main objective of completing the projects according to our contractual obligations, project management standards, and applicable financial guidelines.
A strong critical thinking ability and a collaborative approach are critical for success in this role.
How You’ll Make An Impact (responsibilities)
- Fully responsible for all commercial and finance-related matters, including Accounting, Legal, Tax, Foreign Exchange, and NCM topics.
- Manage and optimize financial results with due professional care, including revenue, project gross profit, cash flow, assets, and financing instruments.
- Lead all aspects of monthly revenue recognition, contractual invoicing, and ensure compliance with IFRS15, local GAAP, reporting guidelines, and internal controls.
- Prepare commercial documentation for project status meetings, ensuring accuracy in project data, forecasts, cash flow, and financial reporting.
- Ensure accurate cost and pricing calculations, maintain project books and records in systems like SAP, OnePM, and eFMT, and manage financial guarantees, bonds, and securities.
- Support project management in risk assessment, non-conformance cost reduction, reporting structures, and integrating lessons learned into projects and the organization.
- Bachelor’s degree or equivalent experience in Finance/ Business Administration/ Accounting is required.
- 3-8 years of professional experience in Business administration or in Finance, preferably with experience in Project Management.
- Strong understanding of GAAP and IFRS, with proficiency in SAP, Microsoft Office, and analytical tools like Alteryx and Tableau (preferred).
- Ability to optimally communicate financial information to non-financial partners, work in a team-oriented environment, and lead multiple tasks under pressure to meet deadlines.
- Must be able to travel approximately 5%.
- Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization. Siemens Energy employees with current visa sponsorship may be eligible for internal transfers.
Gas Services
Our Gas Services division offers Low-emission power generation through service and decarbonization. Zero or low emission power generation and all gas turbines under one roof, steam turbines and generators. Decarbonization opportunities through service offerings, modernization, and digitalization of the fleet.
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: https://www.siemens-energy.com/employeevideo
Rewards
- Career growth and development opportunities; supportive work culture
- Company paid Health and wellness benefits
- Paid Time Off and paid holidays
- 401K savings plan with company match
- Family building benefits
- Parental leave