Siemens Careers

Commercial Project Manager - Siemens Building Technologies

Cairo, Egypt
Project Management

English (UK)

Job Description



Mission and Dimension of Function:
As Commercial Project Manager (CPM) is responsible for all commercial aspects related to a project during the execution up to project closing. The CPM is taking full responsibility for all commercial/finance related matters, supporting the Project Manager (PM) in all other areas with the objective of executing the project within the defined targets (e.g. costs, time, and quality) and ensuring customer satisfaction.  

The CPM is fully responsible for all commercial related matters, including but not limited to handling Accounting, Legal, Tax and Export Control and Customs (ECC) topics. The CPM ensures the compliance of applicable regulations during the offer and project execution phase. He/she is supporting the Project Manager in all other areas where a takeover of responsibilities from the PM is decided and/or a useful contribution is applicable

What are my responsibilities?M

  • Project finances on the basis of contractual developments and risk situation
  • Supports the PM in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets and financing instruments)
  • Together with the PM ensures the accuracy of the cost and pricing calculation
  • Prepares commercial documentation for regular project status meetings and ensures the accuracy of the commercial project data (FC, MIKA, cash flow)
  • Ensures compliance with Siemens Financial Reporting Guidelines and local GAAP requirements
  • Ensures the accuracy of project books and records, incl. recording of such in appropriate systems, e.g. SAP
  • Initiate invoicing according to project progress and contractual terms
  • Ensure proper payment allocation  and actively perform asset management
  • Ensures the application and the continuously managing of financial Guarantees, Bonds and project securities
  • Support the PM in identifying, minimizing non-conformance costs and establishing an appropriate reporting structure; support the implementation of lessons learned into own project and the organization in general
  • Together with the PM, proactively set up a contract and claim management, including involvement of the contract manager/ legal
  • Supports the contract manager/ legal by summarizing the critical and legal elements and the PM by ensuring that the critical and legal elements are duly considered in partner/subcontractor contracts/respective contract amendments
  • Identify, assess, respond, monitor, report, escalate all commercial risks, e.g. calculation, tax, insurances
  • Ensure communication of commercial contractual obligations/conditions to the relevant project team members
  • Perform the credit risk analysis for potential customer, together with Global Procurement for suppliers
  • Target agreement to manage the project as commercial responsible
  • Actively gather information on customer, strategies, requirements and targets regarding commercial aspects
  • Manage customer expectations together with PM - identify/create opportunities out of the ongoing project
  • Actively communicate with customer's high seniority commercial representatives and manage resolution of commercial issues
  • Actively build relationships to customer's senior commercial management
  • Regularly perform lessons learned activities on commercial aspects and feed results into own project lessons learned activities and into own organization
  • Support the PM that at an early stage the customer, management and project team are informed of deviations from the project plan
  • Ensure proper execution of all project related tasks with all relevant stakeholders
    (e.g. financing, insurance, guarantees, currency, Taxes, Treasury, Audit, Legal and Compliance, ECC, Customs etc.
  • Ensures efficient communication with all relevant internal and external stakeholders
    Supports Procurement & Logistics, if applicable
  • Acts as an advisor for senior commercial management regarding project issues


    What do I need to qualify for this job?

  • Degree in Business Management/Finance/Accounting from reputable University or College
  • A Certified CPM or Senior Commercial Project Manager
  • Solid work experience as Commercial Project Manager in category C (preferable B) projects
  • Experience in commercial bid management is a plus
  • Advanced Knowledge in MS Office (Excel, Power Point)
  • Experience in Spiridon/ SAP system
  • Fluent level of English rounded with an excellent reporting skills


    What else do I need to know?


    Siemens is dedicated to quality, equality, and valuing diversity, and we welcome applications that reflect the diversity of the communities within which we work. People with disabilities will be preferred in case of equal qualification. Please find more information at





    How do I apply?

    We are looking forward to receiving your on-line application. Please note: only complete application documents, including diplomas, certificates of employment or letter of recommendation respectively can be considered in the selection process.  *LI-NP

Requisition ID: 281006
Organization: Building Technologies
Career Level: Experienced Professional
Full time only