Commercial Project Manager (accounting & Finance, Kuwaiti Candidates Only)
Kuwait City, Kuwait
Job Description
Siemens Energy is a global team of more than 91,000 dedicated employees. Together, we're responsible for meeting the growing energy demand while ensuring our climate is protected. We keep the best of our 150-year legacy and push the boundaries of what is possible. We strive for sustainability in our decarbonization journey, innovation centered on future technologies, and transformation among future focused offerings, portfolio and mindset. Together as one team across 90 countries, we are committed to making sustainable, reliable and affordable energy possible.
This is how we shape the energy of tomorrow! You will Support (Project Manager) with the objective of executing the project within the defined targets (costs, time, quality, securing offset credits) and to the satisfaction of customers, concerned government authorities and internal stakeholders.
What do I need to qualify for this job?
This is how we shape the energy of tomorrow! You will Support (Project Manager) with the objective of executing the project within the defined targets (costs, time, quality, securing offset credits) and to the satisfaction of customers, concerned government authorities and internal stakeholders.
- Coordinate/collaborate with all internal and external contacts/stakeholders (incl. government departments/authorities, customers, internal departments and BUs, Corp. depts., HUB/HQ, internal/external Auditors)
- Support PM in communication/coordination with customers, government authorities & internal/external stakeholders.
- Ensure execution of all commercial activities as per applicable Siemens Energy guidelines and local laws (T&Cs, project calculations, customer contracts, Supplier/logistics contracts/POs, MoU, SLAs, Real Estate topics etc.)
- Support Project Manager in procurement, logistics and Real Estate related topics
- Manage/control all financial KPIs as per business plan/forecast including orders, revenue, costs/SG&A, profit, CAPEX, fixed assets, receivables, inventory, payables, cash-flows, EV as per Siemens Energy Financial Reporting Guidelines
- Manage project receivables/collections, payments to internal/external suppliers, bank guarantees, Letter of credits as per SE guidelines and signature mandate
- Fully responsible to lead and manage monthly closing, budgeting, forecasting, controlling and financial reporting topics
- Support PM to prepare for project/business review meetings with the management, steering committee, HUB, and HQ.
- Optimizes DSO profit, cash flow and Net Capital Employed.
- Responsible to manage planned CAPEX, fixed assets and working capital as per business plan and controlling of costs and expenses to ensure optimum utilization of all resources
- Ensure accuracy of books and records in Spiridon and other tools/applications.
- Contract & Claim / Risk & Opportunity Management (towards Customers, suppliers & other Internal/external Parties)
- Manage project throughout the project Life Cycle (DSO development and operational phases)
- Manage Project finances as per contractual developments/risk situation
- Manage the project enabler processes and ensure compliance
- Manage hedging, insurance, tax, LCs, bank guarantees, Export control and other commercial topics.
- Attend internal/external project meetings with Project Manager
What do I need to qualify for this job?
- Only Kuwaiti candidates should apply (female preferred)
- 3 years of relevant work experience in commercial and finance function
- University Degree in Business, Accounting or Finance
- Excellent communication skills in Arabic and English
- Knowledge of project Management methods, processes, and tools
- Knowledge of calculation methods / finance Models
- Project Controlling and reporting knowledge
- Accounting Principles (US GAAP, local accounting regulations, HGB,)
- Working capital, cashflow and Fixed Asset Management
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Job Detail
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Job IdJD1441407
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationKuwait City, Kuwait
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EducationNot mentioned