Commercial Project Manager - Abu Dhabi, United Arab Emirates - Siemens Energy

Siemens Energy

Verified Company

Abu Dhabi, United Arab Emirates

1 week ago

Posted by:

Ahmed Al-Mansouri

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Description

How You'll Make an Impact

Manage the project throughout the project Life Cycle

Ensures an adequate handover phase, analyzes customers requirements, examines their commercial and contractual feasibility and transferability, incl. ECC matters
Ensure the contract is legally, financially and commercially binding and effective on both parties before booking in the system
Ensure timely submission of contractual deliverables once contract becomes effective including, bonds, insurances etc.
Drives the review and evaluation of the contract conditions incl. all attachments, ensures examination by Legal
Holds commercial project status meetings with the involved commercials (incl. onshore, offshore, site etc)
Ensures correct methodology for evaluation of risk and opportunities as defined, e.g. in FRG, PM guide
Supports the PM in identifying, evaluating, assessing risks & opportunities, strategies and response activities
Ensures together with the PM the adherence to internal controls (RIC), incl. ICFR

Manage Project finances

Ensures the accuracy of cost and pricing calculation as well as overall project books and records, incl. recording of such in appropriate systems, e.g. SAP
Ensure timely booking of new orders, plan costs, revenue recognition as per guidelines also ensure booking of actual cost.
Actively review the project costs ie actual, committed and ensure timely adjustments if required
Actively involve in contractual matters and support PM in identification of provisions/accruals as per contract and their booking strategies
Ensure booking of provision or accruals and timely booking Journal Voucher
JV
Fully involve in negotiating PO terms and conditions with the vendors or subcontractors and ensure safeguarding the Siemens interests
Good to have sound knowledge on General Ledger
GLs and their respective classes also ensure booking of costs as per right GL
Handling of imports (onshore or offshore) contracts and arrangement of all import formalities
Prepares commercial documentation for regular project status meetings and ensures the accuracy of the commercial project data (i.e. FC, MIKA, cash flow)
Actively performs asset management, initiates invoicing according to project progress and contractual terms and ensure proper payment allocation (onshore/offshore/consortium)
Ensures compliance with Siemens FRG and local GAAP requirements
Supports the PM in identifying, minimizing nonconformance costs and establishing an appropriate reporting structure; supports the implementation of lessons learned into own project and the organization in general
Manage the risk, contract and claims
Ensures compliance with LoA guidelines for commercial aspects, e.g. risk management process
Conducts contracts/claim/change order negotiations with regard to commercial aspects
Together with the PM, proactively sets up a contract and claim management, including involvement of the assigned Contract Manager(CM), if required as per applicable regulations
Supports the CM by summarizing the critical and legal elements and the PM by ensuring that the critical and legal elements are duly considered in partner/subcontractor contracts/respective contract amendments
Identifies, assesses, responds, monitors, reports, escalates all commercial risks, e.g. calculation, tax, insurances, currency
Ensures communication of relevant commercial contractual obligations/conditions to the relevant project team members
Member of the Change Management Authority (change control board) review, approval, rejection of change requests incl. systematic enforcement of legitimate claims / fending off unjustified claims
Performs the credit risk analysis for potential customer, together with Global Procurement for suppliers

Manage compliance to standards, rules and regulations

Leads (commercial) project members to act according to the Business Conduct Guidelines and establishes a culture of trust and integrity (e.g. adherence of tax regulations, delegation of employees, ICFR, Signature rights, segregation of duties, ECC, EHS)
Ensures compliance with relevant tax regulations, e.g. PATAC, NCM, PE management (tax returns, transfer pricing, delegation concepts)
Ensure compliance in day to day project execution and support PM for any noncompliance immediately
Ensures the compliance with export control regulations
Ensures the compliance with hedging/currency regulations
Supports PM to set up a framework to ensure regular checks of the compliance in the project, e.g. by conducting Compliance (Re) assessments at the appropriate milestones / Quality Gates.

Manage project team

Holds meetings and seeks actively feedback (e.g. team members, managers, customers, subcontractors)
Takes responsibility for own and supports teammembers' work life balance
Cooperates closely with commercial line managers and experts
Supports commercial teammembers' personal development (e.g. PMP)