Company Name: Siemens
Location: SaudiArabia
Who we are?
Siemens is a global leader in the field of Engineering. We have numerous projects around the region in fields including Power Generation, Energy Management, Transportation and Oil & Gas.
What are my responsibilities?
Siemens is dedicated to quality, equality, and valuing diversity, and we welcome applications that reflect the diversity of the communities within which we work.
Job ID: 122307
Organization: Smart Infrastructure
Company: Siemens Ltd.
Experience Level: Experienced Professional
Job Type: Full-time
Siemens is a global leader in the field of Engineering. We have numerous projects around the region in fields including Power Generation, Energy Management, Transportation and Oil & Gas.
What are my responsibilities?
- Ensures compliance with Limits of Authority (LoA) guidelines for all the commercial aspects and performing boundary condition checks with the HQ / Zone.
- Leading the contract review, recommending modifications while involving legal and negotiating it with the customer along sales maximizing the profit and reducing the exposure.
- Coordinating with sales for the upcoming opportunities / sales funnel to align the preparation for the LoA observing the bid submission timeline.
- Performing all commercial duties at the offer stage related to due diligence, tax, hedging etc. using necessary applications like DAMEX, PATAC, LoA tool, CO DD etc.
- Customer Order Booking (Attending project hand-over meetings, reviewingorder entry calculation, ensure completeness of order hand over documentation and evaluate delivery/performance requirements, create WBS / Sales Order in Spiridon, issue performance / advance guarantees, arranging L/C, negotiating L/C clauses with customer, requesting down payments etc...)
- Financial/commercial management of project(s) with the aim of finishing the project(s) in the given time, budget and quality framework with the greatest possible positive profit.
- Ensures the accuracy of project books and record, including recording of such in the appropriate systems, e.g. SAP, PMCT - ensures compliance with Siemens-FRG plus the local IFRS.
- Ensures continuous Project Reporting and Controlling activities (review meetings, OCC check actual vs plan cost etc.)
- Together with the PM proactively sets up a contract and claim management in the project.
- Supports the PM in identifying, evaluating and assessing risk and opportunities, strategies and response activities - taking over the full responsibility in this regard with respect to all commercial risks and opportunities
- Drives and implement process improvements (e.g. Implementing lessons learnt etc.). Ensuring control and checks are documented throughout the project lifecycle and the quality gates.
- Determines any month end postings necessary to reflect accurate month end results of the projects and consistent revenue recognition (e.g. Warranty provisions, accruals, internal order cost transfers etc.)
- Monitors excess cost and invoicing to Customer (arrange and ensure availability of supporting documents for invoicing to customer, invoice creation in SAP and submission to customer, follow-up for payments from customer, credit notes processing, preparation and submission of L/C invoices and related documents as per L/C requirements, coordination with Finance for submission to bank, follow-ups with customer in case of discrepancies etc...)
- A minimum of Bachelors degree in Business, Finance, commercial or related discipline. Masters degree is preferred.
- Experience in commercial project management is mandatory.
- Experience in people management, working with multiple stakeholders simultaneously.
- Previous experience identifying, evaluating and assessing risk and opportunities, strategies with respect to all commercial risks and opportunities.
- Previous experience using SAP is essential.
Siemens is dedicated to quality, equality, and valuing diversity, and we welcome applications that reflect the diversity of the communities within which we work.
Job ID: 122307
Organization: Smart Infrastructure
Company: Siemens Ltd.
Experience Level: Experienced Professional
Job Type: Full-time
Seniority level
AssociateEmployment type
Full-timeJob function
General BusinessFinanceAccounting/AuditingIndustries
Electrical/Electronic Manufacturing
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