Commercial Project Manager
2 days ago
Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.
Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.
The Commercial Project Manager (CPM) is responsible for the completion of all commercial/ financial related matters that contribute to the success of our long-term Healthineers Enterprise Services (ES) Value Partnership contracts.
Furthermore the CPM supports the respective Project Manager in all other areas with the objective of executing the project according to the defined Project Management (PM) standards, customer requirements and the applicable Financial Reporting Guidelines (FRG). A professional collaboration between the CPM and the Project Manager is key for the overall project success.
The CPM ensures the accuracy of project books and records, including recording of such in the appropriate ERP system (i.e. SAP). Duties include order booking, revenue recognition, cost controlling, month end closing activities, data analysis and reporting, as well as budgeting and forecasting for all main project KPIs. This role requires an excellent balance of financial expertise and organization skills, as well as the ability to set schedules and prioritize tasks.
**Responsibilities**:
- Shares ownership with the Project Manager and accountability for the management and oversight of a project throughout its lifecycle
- Takes care of all financial tasks for the relevant project(s)
- Is responsible for order booking, customer billing, tracking of payment, supplier purchase orders, recording revenue, and cost controlling throughout the project execution phase
- Ensures the accuracy of project books and records, ensures compliance with financial reporting guidelines, including correct accounting and reporting for orders, revenue, cost, profit, balance sheet and cash flow
- As part of the month end closing, posts journal entries and performs account reconciliations
- Performs Project Reporting and Controlling activities, e.g. financial planning, forecasting, controlling and variance analysis
- Works with the project financial model and ensures integrity of revenue, cost and cash flow projections
- In collaboration with the operations team, identifies, evaluates and assesses risks and opportunities, as well as any risk mitigation strategies
- Proactively builds relationships with customer’s financial representatives
- is involved in process improvement tasks
**Required Knowledge/Skills, Education, and Experience**
- Degree in Business Administration, Finance, Economics, or a related field
- 5+ years of operational experience in commercial project management, preferably in healthcare, infrastructure or public-private partnerships
- Commercial Project Management certification required
- Proven experience with budgeting, forecasting and financial management of complex projects
- Ability to balance the big-picture, long-term project success with day-to-day tasks of revenue, expenditures and cash flow in order to provide well-informed decision support about emerging opportunities, risks and areas for improvement.
- Ability to understand complex situations quickly, e.g. contracts, financial models, operational changes
- Strong communication skills required to successfully collaborate with diverse internal stakeholders as well as suppliers and customer representatives
- Advanced skills in SAP/ERP systems
**Skills, Education, and Experience that are considered an asset**
- Completion of PMP Certification or in progress will be considered
- Obtained CPA Designation (or in progress)
- Experience in in healthcare, infrastructure or public-private partnerships
**Who we are**: We are a team of more than 73,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.
**How we work**: When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual’s potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world’s most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.
To find out more about Siemens Healthineers' businesses, please visit our company page at Siemens Healthineers Canada.
**Reasonable Accommodations**: Siemens Healthineers is committed to equal e
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