Job Description
Siemens is an Integrated Technology Company. The business activities of our Energy, Health care, Industry and Infrastructure &
• Cities Sectors have enabled us to capture leading market and technology positions worldwide. Technological excellence, innovation, quality, reliability and international focus have been our hallmarks for 165 years, making us strong and linking us to our shareholders, employees and customers as a partner of trust.
We are recruiting to fill the position below: Job Title: Commercial Project Manager Job ID: 301038 Location: Lagos Job type: Full-time Business Unit: Gas Services Job Description A Snapshot of Your Day: As a Senior Financial Commercial Sales Manager &
• Commercial Project Manager, you will serve as the financial business partner for the Sales and Project Management organizations, managing all financial and commercial aspects of service orders throughout the project lifecycle. You will play a key role during bid preparation, contract negotiations, project execution, and financial reporting while ensuring compliance with accounting standards, optimizing project profitability, managing risks, and supporting strategic business decisions.
Job Responsibilities
Commercial &
• Financial Management: Review, analyze, and negotiate the financial and commercial aspects of customer proposals and Master Frame Agreements. Ensure accurate cost calculations and pricing strategies during contract negotiations in collaboration with Sales Leads and Project Managers. Provide commercial support throughout project execution in accordance with PM@SE guidelines and contractual obligations. Manage all commercial and financial aspects of assigned service projects.
Project Financial Management: Perform monthly revenue recognition, forecasting, and financial reporting. Manage project cash flow, profitability, and margin optimization. Monitor project risks and opportunities while implementing mitigation strategies.
Ensure compliance with IFRS 15, local GAAP, tax regulations, foreign exchange requirements, and internal financial policies. Perform project-related journal entries and balance sheet reconciliations. Support internal and external audits.
Contract &
• Stakeholder Management: Monitor contractual compliance, including performance guarantees, foreign exchange hedging, insurance, and tax requirements. Prepare and present project financial status reports to senior management and key stakeholders. Support special assignments and maintain close collaboration with customers and internal business partners. Communicate financial risks, opportunities, and recommendations throughout the project lifecycle.
What You Bring Education: Bachelor's Degree in Finance, Business Administration, Accounting, or an equivalent discipline.
Experience: Minimum of 5 years of professional experience in Finance, Business Administration, or Commercial Project Management.
Experience supporting project execution within industrial or engineering environments is preferred.
Experience managing project financials throughout the complete project lifecycle. Leadership experience is considered an advantage.
Technical Skills: Commercial Project Management.
Financial
Planning &
• Forecasting.
Revenue
Recognition. IFRS 15 and US GAAP. Percentage of Completion (PoC) Accounting.
Financial
Risk &
• Opportunity Management.
Cash Flow
Management.
Contract
Management.
General Ledger
Accounting.
Balance Sheet
Reconciliation. SAP.
Microsoft Office
Suite (especially Excel).
Foreign
Exchange (FX) and Hedging. Tax and Compliance.
Languages: Fluent in Portuguese and English. A third language is considered an advantage.
Soft Skills: Strong commercial and financial acumen. Excellent analytical and problem-solving skills. Strong communication and stakeholder management abilities. Ability to work independently and collaboratively. Strong organizational and prioritization skills. Ability to manage multiple projects simultaneously. Leadership and influencing skills. High level of accountability and attention to detail. Ability to perform effectively under pressure. Willingness to travel when required.
Rewards
Working with a global team Opportunities to work on and lead a variety of innovative projects Possibility to take over further tasks within the company Supportive work culture Medical benefits Remote/Flexible work Time off/Paid holidays Parental leave Continual learning through the Learn@Siemens-Energy platform e-Learning Mentorship Coaching Application Closing Date Not Specified.
