Commercial Project Manager – Karachi, Pakistan

Job title: Commercial Project Manager – Karachi, Pakistan

Company: Siemens


Job description: Job Description:Commercial Project Manager – Pakistan, KarachiWe know that a business thrives only when its people are thriving. That’s why we always put our people first. Our global and diverse team is eager to support you and challenge you to grow in many ways. Who knows where our joint journey will take you?Siemens strongly believes in the value of a Digital Portfolio. That’s why Smart Infrastructure combines Digital Power Distribution and Digital Building Infrastructure technologies. Our Digital Portfolio enables our customers to experience buildings that are intuitive, comfortable, safe, secure, and energy-efficient.Our Smart Infrastructure team works to create resilient and sustainable infrastructure. We connect the physical world with the digital world. With the help of data and analytics, we empower our customers to make their energy systems and processes in buildings and industries more efficient and sustainable. Together with our customers, we transform the everyday for a better tomorrow.Join our Smart Infrastructure (Electrification & Automation) as Commercial Project Manager and help us reimagine the world by finding solutions that make tomorrow a more innovative place.You‘ll make a difference by

  • Ensuring timely Project / order booking in SAP- defining revenue recognition method (SDI, CCM, POC), structuring projects, assigning partner roles, planning cost and revenue.
  • Commercial Project Management and Controlling including ongoing analysis of deviations in planned vs actual.
  • Conduct regular project reviews and status meetings, project reporting as the need arises.
  • Performs asset management, initiates invoicing according to project progress and contractual terms and ensure timely collection of Payments.
  • Controlling of Advances, Guarantees & LCs towards Customer & Supplier / Contractors.
  • Forecast and Reporting including support to BU Management in monthly/quarterly Forecast process related to Order Intake, Revenue, Gross Margin/Gross Profit, Cash Flows, project related provisions/accruals etc.
  • Conduct regular assessments of project related provisions, accruals and risk contingencies based on proper documentation.
  • Opportunity & Risk Management including identification and financial assessment of opportunities with PM, implementation of risk mitigation measures and realizing opportunities and ensuring precautions for remaining risks (provisions / risk contingencies according to IFRS).
  • Manage Claims, Change Orders and Contracts, including contract reviews, commercial analysis of customer and supplier agreements for potential claims or variation orders, asserting valid claims, defending against unjustified ones and preparing claim documentation.
  • Support internal & external project audits as required, and perform project close out activities

Your success is grounded in

  • ACCA, MBA in finance or Advanced degree in Finance and Accounting
  • More than 5 years of experience working in a commercial project execution & controlling
  • Preferably Certified in CPM@Siemens
  • Strong understanding of project controlling accounting / finance, contract & subcontract management, and supply chain management.
  • Experience working on project/product teams supporting multiple projects and project managers and/or line managers
  • Strong interpersonal skills and ability to work cross functionally between departments
  • Proactive and results oriented with ability to multi-task and prioritize dynamic work activities.
  • Good knowledge of SAP
  • MS Office (Excel, PowerPoint, Word) – with advanced Excel skills

We offer you

  • Diverse and inclusive culture.
  • An environment where everyone can bring their whole self and feel a sense of belonging.
  • the foundation to develop personally and expertly.
  • Great variety of learning & development opportunities

Transform the everyday with us!If you are a motivated teammate, eager to learn new things and looking to grow your career in a strong and forward-thinking company, hit apply!. Siemens is dedicated to quality, equality, and valuing diversity, and we encourage applications that reflect the diversity of the communities within which we work. Siemens is an equal opportunities employer and do not discriminate unlawfully on any grounds. We are committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.At Siemens, we are always challenging ourselves to build a better future. We need the most innovative and diverse Digital Minds to develop tomorrow ‘s reality. Find out more about the Digital world of Siemens here: www.siemens.com/careers/digitalmindsPlease note: Only complete applications can be considered in the selection process.

Expected salary:

Location: Karachi, Sindh

Job date: Sat, 26 Apr 2025 06:28:27 GMT

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