Lead and manage projects throughout the entire project life cycle.
Active involvement in sales and project initiation phases, including customer requirements analysis, commercial and contractual feasibility assessment, and ECC matters.
Review and evaluation of contract conditions, including legal scrutiny.
Conduct commercial project status meetings with stakeholders.
Ensure the correct methodology for evaluating risks and opportunities is applied.
Identify, evaluate, assess risks and opportunities, and develop appropriate response strategies.
Ensure adherence to regulations, including the role of the CPM as per FRG, NCM guidelines, and specific regulations.
Coordinate onshore and offshore allocations with the Project Manager.
Ensure compliance with internal controls (RIC), including ICFR.
Project Finances:
Verify cost and pricing calculations and maintain accurate project books and records, including SAP data.
Prepare commercial documentation for regular project status meetings and ensure data accuracy (FC, MIKA, cash flow).
Manage asset management and initiate invoicing per project progress and contractual terms.
Ensure compliance with Siemens FRG and local GAAP requirements.
Oversee the application and management of financial guarantees, bonds, and project securities.
Support the PM in identifying and minimizing non-conformance costs and implementing lessons learned.
Risk, Contract, and Claims Management:
Ensure compliance with LOA guidelines for commercial aspects and risk management processes.
Participate in contract/claim/change order negotiations for commercial aspects.
Establish a contract and claim management framework, involving the assigned CM when necessary.
Summarize critical and legal elements, ensuring their consideration in partner/subcontractor contracts.
Identify, assess, respond to, monitor, report, and escalate all commercial risks, such as calculations, tax, insurances, and currency.
Communicate relevant commercial contractual obligations/conditions to project team members.
Participate in the Change Management Authority (change control board) for change request review and approval.
Perform credit risk analysis for potential customers, in collaboration with Global Procurement for suppliers.
Compliance to Standards, Rules, and Regulations:
Lead project members to adhere to Business Conduct Guidelines and promote a culture of trust and integrity.
Ensure compliance with relevant tax regulations, including PATAC, NCM, and PE management.
Compliance with export control regulations.
Adherence to hedging/currency regulations.
Support PM in establishing a framework for regular compliance checks in the project.