Senior Commercial Project Coordinator
4 weeks ago
Empowering Commercial Excellence
We are seeking a highly skilled Commercial Project Manager to join our team at Siemens Limited. As a key member of our commercial operations team, you will play a crucial role in driving business growth and profitability.
Key Responsibilities:
- Support the project manager in all commercial and legal issues.
- Commercial project coordination, including applying for and monitoring bank guarantees, insurance, and coordinating legal, tax, and insurance-related topics.
- Asset management and optimization of project profitability together with the project manager.
- Preparing invoices and monitoring receivables, along with internal project controlling (scheduling, costs, quality).
- Regular project reporting, project status meetings, and milestone reviews.
- Collaborating in the final project report and summarizing any lessons learned, including feedback to the organization.
- Provide accurate and timely costs and cash flow forecasting.
- Monitoring, controlling, and updating of project costs, risks, billings, invoicing, accruals, provisions, hedging, bank guarantees, insurance, taxation, and project reports.
Requirements:
- Minimum experience of 5-8 years, along with a Bachelor's/Postgraduate degree in Finance, and CA/CS/ICWA.
- Reporting of status to management, including costs, billings, receivables, claims, and asset management.
- Regular communication with customers and regular site visits.
- Vendor management, including handling of supplier invoices, payments, letters of credit, etc.
- Establishing commercial and legal contract conditions with both customers and consortium partners and sub-contractors.
- Participating in negotiations and interpreting and implementing contracts in the project.
- Asserting the company's own claims and defending unjustified claims.
- Reaching agreement on contractual changes regarding scope of supplies and services, prices, schedules, and other contractually agreed conditions.
- Identification and financial evaluation of opportunities and risks, definition and implementation of appropriate measures for mitigating risks or exploiting opportunities, as well as establishment of reserves for remaining risks.
- Supporting the controlling function of the segment, including debtors review, P&L review, balance sheet review, various reporting, and review documentation required as per ICFR.
- Project status report and project reviews/presentations to management.
- Good communication skills.
About Siemens Limited
We value your unique identity and perspective and are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us.
This role is based in Gurgaon, and you might be required to visit other locations within India and outside. In return, you'll get the chance to work with teams impacting - and the shape of things to come. We're Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and we encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit, and business need. Bring your curiosity and creativity and help us shape tomorrow.
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