Commercial Project Manager - Newcastle upon Tyne, United Kingdom - Siemens Energy

    Siemens Energy
    Siemens Energy Newcastle upon Tyne, United Kingdom

    1 month ago

    Default job background
    Full time
    Description

    Commercial Project Manager

    About the Role

    Location United Kingdom Newcastle up Tyne Newcastle upon Tyne Remote vs. Office Hybrid (Remote/Office) Company Siemens Energy Limited Organization SE CFO Business Unit Grid Technologies Full / Part time Full-time Experience Level Experienced Professional

    Commercial Project Manager

    A snapshot of your day:

    How you'll make an impact:

  • Managing and optimizing targeted financial results, with the objective of executing the project according to the defined Project Management (PM) standards, customer requirements and the applicable Financial Reporting Guidelines (FRG).
  • Ensures the accuracy of cost and pricing calculations, as well as overall project books and records.
  • Prepares commercial documentation for regular project status meetings and ensures the accuracy of the commercial project data including the forecasting of revenue, profit and cash.
  • Initiates invoicing according to project progress and contractual terms.
  • Actively manages cost and invoices to optimise project cash flow.
  • Ensures compliance with FRG requirements.
  • Ensures the application and continuous management of financial guarantees, bonds and project securities.
  • Supports the Project Manager in identifying and minimising non-conformance costs identifying, evaluating and assessing risks & opportunities.
  • Ensures that timely contractual notifications are made.
  • Together with the Project Manager and Commercial Contracts Manager; proactively manages contract administration.
  • Manages customer expectations together with the Project Manager.

    • What you bring:

  • Knowledge and familiarity with contract terms of Engineering and Construction Contracts.
  • Experience in project budgeting and financial management of risks/opportunities.
  • Chartered Accountant or similar would be advantageous (CIMA / ACCA).
  • Competent in working collaboratively and cooperatively within project teams.