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Commercial Project Manager- Rolling Stock - Sacramento California
Company: Siemens Mobility Location: Sacramento, California
Posted On: 05/03/2024
Siemens Mobility provides efficient and coordinated transportation of people and goods by rail - including rolling stock, rail automation, rail electrification, and service. We craft and manufacture across the entire spectrum of rolling stock, including commuter and regional passenger trains, light rail and streetcars, metros, locomotives, passenger coaches, and high-speed trainsets. Cities and Railroads also rely on us to provide traction-power substations and electricity transmission, as well as signaling and control technology for freight and passenger rail and transit systems. We are seeking a professional Commercial Project Manager with a proven track record of being a key commercial support to the project team of sophisticated projects. The Commercial Project Manager will be responsible for the execution of Light Rail projects of typically $60M to $200M+ in contract value and durations from 4-5 years. Together with the Project Manager, the Commercial Project Manager is responsible for the project execution during all project phases including planning, design, procurement, manufacturing, commissioning, customer acceptance, and warranty, with a focus on financial topics. Duties include liaising with operational departments to ensure financial targets are achieved while meeting goals for customer satisfaction, schedule, and quality. Another important aspect of the job is maintaining tight cost control and providing accurate and timely information to make key decisions regarding the project financials. The Commercial Project Manager is responsible for all financial aspects of the project and reports to the Director, of Finance & Business Administration of the Light Rail business. Responsibilities - Manage financial results according to set targets and with due professional care; optimize project gross profit, cash flow, assets, and financing instruments.
- Manage all commercial aspects of the project, including financial planning, cost controlling, invoicing and payment collection, business models, financing concepts, currency hedging, risks and opportunities, contract analysis, etc.
- Ensure compliance with the contract documents; identify and pursue claims in cooperation with the assigned contract manager.
- Proactively manage changes in project scope, identify potential problems, and initiate the development of contingency plans/risk mitigation measures.
- Supervise and control project scope, schedule, budget, risks/opportunities, and deliverables that support business goals in collaboration with the extended Project Team.
- Support the development and delivery of monthly project reports, customer progress reports, customer change proposals, and preparation of presentations to management and customers.
- Monitor revenue recognition: actual vs plan, degree of completion, cost to complete, total forecasted costs vs planned
- Ensure accuracy of project books and records, including recording in the appropriate systems, e.g. SAP - ensure compliance with Siemens Financial Reporting Guidelines plus local GAAP requirements. Ensure all related Project Reporting and Controlling activities.
Required Knowledge/Skills, Education, and Experience - Bachelor's degree or higher in accounting/finance
- 3+ years of successful Project Management experience
- Detailed reporting and controlling experience including P&L responsibility for assigned projects, balance sheet, cash-flow
- Comprehensive experience in controlling and accounting, contracts and claims management, and supply chain management in a factory environment
- Experience working on project/product teams supporting multiple projects/products and project managers
- Experience leading direct or indirect employees in a cross-functional, matrix organization
- Excellent oral and written communication skills; must be able to demonstrate presentation skills.
- MS Office including Excel, PowerPoint, Word
- Project Management Certification preferred
- Experience in the rail industry
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