Siemens Careers

Commercial Project Manager

Olean, New York

English (US)

Job Description

Division: Power Generation Services
Business Unit: Distributed Generation and Oil & Gas
Requisition Number: 229927
Primary Location: United States-New York-Olean
Assignment Category: Full-time regular
Experience Level: Mid level
Education Required Level: Bachelor's Degree
Travel Required: 10%

Division Description:

Siemens is a global technology powerhouse that has stood for engineering
excellence, innovation, quality, reliability and internationally for more than
165 years. As a global technology company, Siemens is rigorously
leveraging the advantages that this setup provides. To tap business
opportunities in both new and established markets, the Company is
organized in seven Divisions: Power and Gas, Power Generation Services,
Energy Management, Building Technologies, Digital Factory, Process
Industries and Drives, and Financial Services.

Siemens is the leading service partner for ensuring high reliability and
optimal performance of rotating power equipment within the utility, oil &
gas, and industrial processing industries worldwide – as well as for wind
turbines. Siemens’ extensive national network of service technicians is able
to quickly and comprehensively offer expert service to maximize the
lifecycle of power generation equipment, helping to ensure reliability and
prevent downtime.

For more information, please visit:

Job Description:

The Commercial Project Manager works within a matrix organization establishing the Siemens “four-eyes” principle for new bookings and contract execution in conjunction with Marketing & Sales and Project Managers.


The purpose of the Commercial Project Manager role is to secure high level forecasting, coordination and execution of commercial activities during the quotation, booking, and execution phases of projects. Skillsets range from cost management, cash flow, commercial terms evaluation and management, issue resolution, revenue recognition forecasting and execution, and may involve Percentage of Completion revenue recognition model.


Position Qualifications:



  • Project management skills, negotiation skills, strategic & analytic competence, be able to work under pressure, skills to understand & interpret financial figures
  • Pro-active personality
  • Positive interpersonal communication & conflict resolution skills
  • Motivated team player
  • 1-3 years experience as Commercial Project Controller or other relevant project experience. The Commercial Project Manager shall at all times and in average be able to demonstrate competency and experience in all fields of expertise with, if the case requires supervision or consultancy from a Senior Commercial Project Manager, Commercial Project Director or the Head of Commercial Project Management.
  • Bachelor or Master Degree in Science or Business Administration. Alternatively a Degree in the field of commercial business administration, Finance or Accounting with substantial working experience and proven skills within relevant fields.


  • Knowledge in Oracle and/or SAP
  • MS Office skills
  • CPM@Siemens Small or C certification (if not currently certified, possess a pro-active willingness to complete certification program)

Position Responsibilities:


  • General Commercial Project Management & Administration
  • Marketing and Sales Support
  • Commercial Contract reviews
  • Overseeing Project Accounting and Cost Management for assigned projects
  • Contract & Claim Management from Customers & External Partners
  • Risk & Opportunity Management
  • Handling of Bank Guarantees, Letters of Credit, or other financial instruments
  • Financial Reporting & Forecasting
  • Cost & Asset Controlling
  • Invoicing & safeguarding of payments
  • Hedging as needed
  • Coordination of Tax topics / compliance to PATAC as needed
  • On-Shore related Administration & Follow-up
  • Coordination of Insurance topics
  • Export Control Coordination
  • Management of Compliance & Anticorruption related issues
  • Acting as World Project Controller within the New Collaboration Model as necessary

In addition to what is specified above the Commercial Project Manager contributes to the general development of the Business Administration function within the Company through experience feed-back procedures, individual projects, department meetings, etc.

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, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.

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.

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