Job Information
Siemens Commercial Project Manager (Financial Project Controller/ Financial Analyst) in Oakville ON, Ontario
Job Family: Finance
Req ID: 419750
Change the future with us.
We are looking for dedicated and talented people who tackle ever-changing challenges, customer needs, and questions from colleagues with clever concepts and creativity. We embrace change and work with curious minds re-inventing the future of work. Join us and let us focus together on what’s truly important: making lives better with new ideas and the latest technology around the world.
Why you’ll love working for Siemens!
Freedom and a healthy work- life balance– Embrace our flexible work environment with flex hours, telecommuting and digital workspaces.
Solve the world’s most significant problems – Be part of exciting and innovative projects.
Engaging, challenging, and fast evolving, cutting edge technological environment.
Opportunities to advance your career and mentorship programs on a local and global scale.
Competitive total rewards package.
Profit sharing available.
Rewarding vacation entitlement with the opportunity to buy and sell your vacation depending on your lifestyle.
Contribute to our social responsibility initiatives focused on access to education, access to technology and sustaining communities and make a positive impact on the community.
Participate in our celebrations, social events and offsite business events.
Opportunities to contribute your innovative ideas and get paid for them!
Employee perks and discounts.
Diversity and inclusivity focused.
Siemens is proud to be an eight-time award winner of Canada’s Top 100 Employers, Canada’s Greenest Employers 2022, Canada’s Top Employers for Young People 2024 and Greater Toronto's Top Employers 2022.
What will you do?
The Commercial Project Manager bears responsibility for completion of all commercial and legal tasks regarding deadlines, cost, and quality requirements in projects. The role also includes tasks relating to financial analysis of projects and for the related branches of Siemens on an ad hoc basis (Branch Financial Analyst support ).
Responsibilities:
Commercial Project Management:
Ensuring appropriate and timely project booking-including definition of revenue recognition method (POC), project structure and partner roles, planning of cost and revenue, insurance and guarantees.
Commercial Project Management and Controlling including ongoing analysis of plan/actual deviations on project level and within WBS structure.
Work with project managers on projects ongoing update on project calculation, timely invoicing and payment follow up, regular project reviews and status meetings, project reporting as required, regular checks of project bookings/assigned cost and corrections if required.
Forecast and Reporting including support of Business Lines in monthly/quarterly Forecast process related to Order Intake, Net Sales, Gross Margin/Gross Profit, project related provisions/accruals.
Timely checks for project related provisions/accruals/risk contingencies on basis of adequate documentation.
Opportunity & Risk Management including identification and financial assessment of opportunities with PM, definition, and implementation of suitable measures for reducing risks and realizing opportunities.
Claims and Contract Management including contract reviews, commercial analysis of customer and supplier contracts for claim or variation order potential.
FIN Analyst Support:
Perform Financial Reporting, month-end activities, Cost Center Analysis and Variance & Trend Analysis.
Supporting Project Managers and Branch Operation Managers with project forecast preparation, analysis & reporting monthly while owning various reports that contribute directly or indirectly towards the creation of the major financial forecast & KPIs.
Support to the Branch Financial Manager in questions concerning the commercial project execution but also general financial state of the branches.
Support controlling with yearly risk and internal control audits.
Other ad-hoc duties as needed.
What will you need to succeed?
Bachelor’s Degree (or equivalent) within or related to the Finance Field (Master’s Degree would be a plus) OR 3+ years of diverse experience in commercial project management or project controlling.
Understanding of construction industry and projects.
Problem solving skills and quick understanding of diverse issues and problems.
Accounting principles knowledge.
Financial reporting knowledge is a plus and will be required while fulfilling the position.
Team player and collaboration skills are critical as the position will collaborate with a wide variety of colleagues and teams sometimes across Canada (virtually).
Flexible and self-motivated with a pro-active workstyle and the ability to work independently.
Strong English verbal and written communication skills.
Assets (Nice-to-have):
Additional experience in the commercial management of customer projects.
Experience working with SAP and other relevant systems.
Risk management, contract law and claim management knowledge.
Project controlling knowledge (budget, cost calculation, timeline, cost change management, cash management, FX controlling).
#LI-hybrid
About us.
We share our ideas and champion the people behind them.
For over 110 years, Siemens Canada has stood for engineering excellence, innovation, quality and reliability. Active across Canada, the company focuses on intelligent infrastructure for buildings and distributed energy systems and on automation and digitalization in the process and manufacturing industries. Siemens brings together the digital and physical worlds to benefit customers and society. Through Mobility, a leading supplier of intelligent mobility solutions for rail and road transport, Siemens is helping to shape Canada’s passenger rail services. Via its majority stake in the publicly listed company Siemens Healthineers, Siemens is also a leading supplier of medical technology and digital health services. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.
Making a difference together we raised $385,000 towards charitable contributions, support over 38 non-profit organizations and planted 660 trees in our local communities. Siemens Canada has 2,500 employees from coast-to-coast and 24 office and production facilities across Canada. Join our team of approximately 293,000 talented professionals in more than 190 countries/regions and help us tackle the most exciting challenges to build a successful future together. So, what are you waiting for? Take your next career step with us.
To learn more about Siemens Canada, visit our website at www.siemens.ca
While we appreciate all applications we receive, we advise that only candidates under consideration will be contacted.
Siemens is committed to creating a diverse environment and is proud to be an equal opportunity employer. Upon request, Siemens Canada will provide reasonable accommodation for disabilities to support participation of candidates in all aspects of the recruitment process. All qualified applicants will receive consideration for employment.
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Siemens s’engage à créer un environnement diversifié et est fière d’être un employeur souscrivant au principe de l’égalité d’accès à l’emploi. Sur demande, Siemens Canada prendra des mesures d’accommodement raisonnables pour les personnes handicapées, dans le but de soutenir la participation des candidats dans tous les aspects du processus de recrutement. Tous les candidats qualifiés seront pris en considération pour ce poste.
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