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Commercial Project Manager– Finance Controller

Commercial Project Manager (CPM) - Finance Controller

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 (Southeast Zone). Locations include: San Antonio, TX; Houston, TX:, and Salt Lake City, Utah. Position is Hybrid & occasional travel is required.

The Commercial Project Manager (CPM) – Finance Controller will be responsible for commercial aspects related to projects—from the sales phase to execution to project completion. Responsibilities encompass sales controlling, performance measurement, planning, forecasting, and reporting. The CPM supports the Project Manager in all other areas where a takeover of responsibilities is decided and/or a useful contribution. The CPM will partner with Customers, Suppliers, Project Managers/Engineers, Sales, Procurement, Legal, other Commercial Project Managers, regional and national Finance colleagues, and internal and external Auditors—as well as the Siemens Financial Services Division (the Siemens entity that offers financing solutions to clients).

Responsibilities:

  • Oversee the Limits of Authority (LoA) process during bids, assess contractual terms with legal, evaluate risks, and ensure compliance during project execution.
  • Adhere to internal and external guidelines, including Business Conduct, Financial Reporting (IFRS, US-GAAP), PM@Siemens, tax, export control, EHS, ICFR/RIC, and signature authorities.
  • Establish financial project setups, maintain accuracy in calculations and records throughout the project.
  • Partner with the Project Manager to manage financial results, focusing on gross profit, cash flow, assets, and opportunity management.
  • Perform budgeting, forecasting, cost control, cash flow reconciliation, and deviation analysis.
  • Present commercial topics in project meetings and escalate critical issues when necessary.
  • Collaborate on cost adjustments, variations, and claims. Minimize non-conformance costs and define corrective measures.
  • Assess risks and opportunities, propose measures to prevent margin slippage, and improve project performance.
  • Ensure timely invoicing, manage receivables, and maximize cash flow.
  • Coordinate procurement efforts to ensure best bids within budget and compliance with customer contracts.
  • Manage performance guarantees, insurances, taxes, and sureties.
  • Manage customer expectations and resolve commercial issues.
  • Encourage team accountability and conduct lessons-learned reviews for continuous improvement.

You will impress us with the following qualifications:

Basic Qualifications:

  • Bachelor’s degree in accounting, Finance, Business, or related field 
  • Experience: 4+ years of work experience in commercial project controlling/management in complex construction projects
  • Successfully work a Hybrid Role
  • Required travel: 10-20%
  • 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. 

Preferred Qualifications

  • Master’s degree in business administration.
  • Proficiency with related SAP modules.
  • CMP@Siemens certificate preference
  • Demonstrated ability to take initiative and adapt to changing circumstances. 
  • Resilience in managing complex projects and overcoming challenges.
  • Proficiency with Microsoft Office, including Word, Excel, PowerPoint, and Outlook.
  • Excellent written and verbal communication skills in English.

You’ll benefit from:  

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 . The pay range for this position is $109,100 - $147,200 and an annual incentive. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.

Equal Employment Opportunity Statement
Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

Reasonable Accommodations
If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form by clicking on this link Accommodation for disability form. If you’re unable to complete the form, you can reach out to our AskHR team for support at 1-866-743-6367. Please note our AskHR representatives do not have visibility of application or interview status.

EEO is the Law
Applicants and employees are protected under Federal law from discrimination. To learn more, Click here.

Pay Transparency Non-Discrimination Provision
Siemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here.

California Privacy Notice
California residents have the right to receive additional notices about their personal information. To learn more, click here.

Criminal History
Qualified applications with arrest or conviction records will be considered for employment in accordance with applicable local and state laws.

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Average salary estimate

$128150 / YEARLY (est.)
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$109100K
$147200K

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What You Should Know About Commercial Project Manager– Finance Controller, Siemens

Join Siemens as a Commercial Project Manager – Finance Controller, where you’ll play a critical role in bridging the gap between finance and project management in beautiful San Antonio, Texas! At Siemens, we pride ourselves on innovation and sustainability, enhancing how we live and work today. As a CPM, you’ll oversee everything from the sales phase of projects to their execution and completion, ensuring successful financial outcomes at every stage. Your responsibilities will include sales controlling, performance measurement, budgeting, forecasting, and collaborating closely with a diverse team—from project managers and engineers to legal and procurement professionals. You’ll dive deep into assessing contractual terms, managing risks, and ensuring compliance throughout project execution. Working in a hybrid environment with occasional travel, your influence will extend across regions, allowing you to enact real change. You’ll help create smart buildings that not only meet today’s standards but set the tone for the future. With your expertise in financial management, you’ll guide project teams while maintaining an unwavering focus on goals like gross profit and cash flow. If you seek to combine your commercial acumen with a passion for impactful projects, Siemens offers a culture dedicated to empowering you in your journey of growth, learning, and sustainable practices. Come transform the everyday with us!

Frequently Asked Questions (FAQs) for Commercial Project Manager– Finance Controller Role at Siemens
What are the key responsibilities of a Commercial Project Manager – Finance Controller at Siemens?

The Commercial Project Manager – Finance Controller at Siemens is responsible for overseeing the commercial aspects of projects from sales through execution to completion. This entails meticulous performance measurement, financial controlling, budgeting, forecasting, and sales controlling, which ensures that all projects are executed within financial standards. You will work collaboratively with a diverse team, including project managers, engineers, and procurement professionals to assess contracts and manage financial results effectively.

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What qualifications does Siemens seek in a Commercial Project Manager – Finance Controller?

For the Commercial Project Manager – Finance Controller role at Siemens, candidates should possess a Bachelor's degree in accounting, finance, business, or a related field, along with at least 4 years of experience in commercial project controlling or management in complex construction projects. Preferred qualifications include a Master's degree in business administration and proficiency in SAP and Microsoft Office applications.

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What travel requirements are associated with the Commercial Project Manager – Finance Controller position at Siemens?

The Commercial Project Manager – Finance Controller position at Siemens requires occasional travel, which is generally between 10-20%. This travel primarily facilitates collaboration with teams across different locations, ensuring that project management and financial objectives are met effectively.

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How does Siemens support the professional growth of a Commercial Project Manager – Finance Controller?

At Siemens, professional growth and employee welfare are paramount. The Commercial Project Manager – Finance Controller will benefit from a supportive environment that emphasizes learning, collaboration, and personal development. Siemens fosters a diverse, inclusive culture that challenges its employees to grow, providing resources and opportunities that enable a shared journey towards excellence.

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What benefits can a Commercial Project Manager – Finance Controller expect while working at Siemens?

Siemens offers a comprehensive range of health and wellness benefits to its employees, including health insurance, retirement plans, and various wellness programs. The salary range for the Commercial Project Manager – Finance Controller role is between $109,100 - $147,200, depending on experience and qualifications, along with potential annual incentives to reward exemplary performance.

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Common Interview Questions for Commercial Project Manager– Finance Controller
Can you describe your experience with commercial project controlling?

When answering this question, it’s beneficial to give specific examples of past projects where you've managed financial aspects, including budgeting and forecasting. Highlight your role in these projects and how your financial strategies contributed to their success.

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How do you ensure compliance with financial reporting standards such as IFRS and US-GAAP?

To effectively respond to this question, discuss your familiarity with these standards and any experience you have in applying them in real-world scenarios. You could also outline your approach to staying updated with any changes in regulations.

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What is your strategy for managing project risks and opportunities?

Explain your systematic approach to risk management, including how you identify, assess, and monitor risks throughout the project lifecycle. Giving examples of measures you've implemented to mitigate risks can strengthen your answer.

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How would you handle a situation where project costs exceed budgeted amounts?

In your response, discuss the steps you would take, from identifying the source of the overruns to working with teams to adjust budgets or find cost-saving measures, reinforcing your problem-solving skills.

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What tools or systems have you used to track project financials?

Mention any experience you have with specific financial software or project management tools like SAP or Microsoft Office. Discuss how these tools have helped streamline processes and improve financial tracking.

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How do you collaborate with project managers and engineers in project execution?

This is an excellent opportunity to share your teamwork experiences. Emphasize communication, rapport-building, and how you help the team align on financial objectives while ensuring project milestones are achieved.

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Describe a challenging project you’ve worked on and how you contributed to its success.

Select a challenging project and explain the specific obstacles faced and the strategies you implemented to turn the project around. Highlight your role and the lessons learned from this experience.

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What adjustments would you make to the financial setup of a new project?

Use this question to showcase your analytical skills by detailing how you would approach establishing financial parameters, considering the specifics of the project and the expectations from stakeholders.

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How do you handle vendor relationships while managing project finances?

Discuss your approach to maintaining positive vendor relationships, focusing on negotiation and communication skills, while also ensuring compliance with budget constraints and contractual obligations.

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What role does cash flow management play in your project management approach?

Share insights on the importance of cash flow in project success and provide examples of practices you implement to manage cash flow effectively, ensuring timely invoicing and collections.

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Full-time, hybrid
DATE POSTED
March 30, 2025

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