Commercial Project Manager- Rolling Stock

$119,900 - $140,900/Yr

Siemens - Sacramento, CA

Full-time - Mid Level

Sacramento, CA

Machinery Manufacturing

About the position

The Commercial Project Manager at Siemens will play a pivotal role in executing Light Rail projects with significant contract values and durations. This position focuses on providing key commercial support throughout all project phases, ensuring financial targets are met while maintaining high standards of customer satisfaction, schedule adherence, and quality. The role requires a strong emphasis on financial management, cost control, and compliance with contract documents, making it essential for the successful delivery of complex projects in the rail industry.

Responsibilities

• Manage financial results according to set targets and with due professional care; optimize project gross profit, cash flow, assets, and financing instruments.
• Manage all commercial aspects of the project, including financial planning, cost controlling, invoicing and payment collection, business models, financing concepts, currency hedging, risks and opportunities, contract analysis, etc.
• Ensure compliance with the contract documents; identify and pursue claims in cooperation with the assigned contract manager.
• Proactively manage changes in project scope, identify potential problems, and initiate the development of contingency plans/risk mitigation measures.
• Supervise and control project scope, schedule, budget, risks/opportunities, and deliverables that support business goals in collaboration with the extended Project Team.
• Support the development and delivery of monthly project reports, customer progress reports, customer change proposals, and preparation of presentations to management and customers.
• Monitor revenue recognition: actual vs plan, degree of completion, cost to complete, total forecasted costs vs planned.
• Ensure accuracy of project books and records, including recording in the appropriate systems, e.g., SAP - ensure compliance with Siemens Financial Reporting Guidelines plus local GAAP requirements.
• Ensure all related Project Reporting and Controlling activities.

Requirements

• Bachelor's degree or higher in accounting/finance
• 3+ years of successful Project Management experience
• Detailed reporting and controlling experience including P&L responsibility for assigned projects, balance sheet, cash-flow
• Comprehensive experience in controlling and accounting, contracts and claims management, and supply chain management in a factory environment
• Experience working on project/product teams supporting multiple projects/products and project managers
• Experience leading direct or indirect employees in a cross-functional, matrix organization
• Excellent oral and written communication skills; must be able to demonstrate presentation skills.
• Proficiency in MS Office, including Excel, PowerPoint, and Word
• Project Management Certification preferred
• Experience in the rail industry

Nice-to-haves

• Project Management Certification
• Experience in the rail industry

Benefits

• Health, Dental, Vision Insurance
• HSA/FSA
• Commuter Benefits
• Tuition Reimbursement program
• Mentor Programs
• Paid Time Off
• 401k match
• Employee perks and discounts
• Competitive total rewards package