Commercial Project Manager (CPM) - Finance Controller

Siemens Corporation•Baltimore, MD

43d•Hybrid

About The Position

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrives is if our people are thriving. That's why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you? Transform the everyday with us. Our Smart Buildings help to create efficient, safe, adaptable, and responsible environments. Our aim isn't just about improving buildings; it's about creating perfect places that improve people's lives. The Commercial Project Manager (CPM) - Finance Controller (Atlantic Zone). Possible locations include: Baltimore, MD and Washington, DC. Position is Hybrid & occasional travel is required. The Commercial Project Manager (CPM) - Finance Controller serves as the strategic financial co-leader alongside the Technical Project Manager. This role holds end-to-end commercial and financial accountability for assigned projects, spanning the full lifecycle from the initial sales proposal through execution and final completion. You will manage all commercial aspects, including proposal development, rigorous project planning, financial forecasting, performance measurement, and comprehensive internal and external reporting. Success requires extensive cross-functional collaboration, serving as the primary financial liaison with Sales, Customers, Suppliers, Engineering, Procurement, and Legal teams, as well as regional Finance partners and internal/external auditors.

Requirements

Bachelor's degree in accounting, Finance, Business, or related field
Experience: 4+ years of work experience in financial project controlling/management in construction projects
Required travel: 10-20%
Demonstrated ability to take initiative and adapt to changing circumstances.
Excellent written and verbal communication skills in English.
Applicants must be legally authorized for employment in the United States and will not require employer-sponsored work authorization now or in the future for employment in the United States.

Nice To Haves

Master's degree in business administration.
CPM@Siemens certificate
Resilience in managing complex projects and overcoming challenges.
Proficiency with SAP, Microsoft Office, including Word, Excel, PowerPoint, and Outlook.

Responsibilities

Manage the project throughout the Project Life Cycle
Oversee the bid preparation and approval process (Limits of Authority), review, evaluate and negotiate contractual terms with support of Legal department, evaluate risks and ensure conformance during project execution
Empower yourself as commercial project entrepreneur during the project execution phase from order intake, through design, delivery, installation and commissioning to warranty phase
Partner with the Project Manager in identifying, evaluating, and assessing risks and opportunities, and developing strategies and response activities to avoid margin slippage
Prepare and present commercial topics in internal and external project meetings and escalate critical issues when necessary
Manage customer requirements and stakeholder expectations with the Project Manager
Secure project target by enforcing stringent contract and claim management
Ensure compliance with standards, rules, and regulations, fostering a culture of trust and integrity (e.g. financial reporting guidelines acc. to IFRS and US GAAP, tax regulations, business conduct, signature rights, export control, EHS, ICFR/RIC etc.)
Partner with the Project Manager to manage financial results, focusing on project gross profit, cash flow and minimizing non-conformance costs
Perform annual budgeting, monthly forecasting & cost control, cash flow reconciliation, and deviation analysis. Ensure accuracy of project books and records in SAP
Ensure timely invoicing, actively manage receivables, and maximize cash flow
Coordinate procurement efforts to ensure best bids within budget and compliance with customer contracts
Manage financial guarantees / bonds and insurance requirements
Encourage team accountability, foster team collaboration and conduct lessons-learned reviews for continuous improvement
Drive and champion organizational change by supporting and promoting the implementation of new financial processes and cutting-edge tools. The Commercial Project Manager will serve as a key change agent, supporting successful adoption across teams to gain a competitive advantage through increased transparency and optimized operational efficiency.

Benefits

Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html

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