Commercial Project Manager (General Manager - Finance)

Siemens Healthineers is looking for a Commercial Project Manager for its real estate project (130 million euros) in Bengaluru. The project involves developing the land into office and factory premises. Internal Title: Commercial Project Manager Business Title : General Manager - Finance Location : Bengaluru Job Responsibilities Acts as a “trusted partner” to 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 and as per Ind AS for the local GAAP reporting). Ensures the Project financials are recorded, Monitored and Controlled, both with respect to Cost and time, including advanced heads up on likely deviations to the budget and targets Supports the PM in managing and optimizing targeted Project cost with due professional care (e.g. Project cost , Cashflow, Assets ) Ensures an adequate handover phase , examines the commercial and contractual feasibility and transferability Drives the review and evaluation of the contract conditions incl. all attachments, ensures examination by Legal, Tax; ECC etc. Conducts contracts/claim/change order negotiations with regard to commercial and legal aspects together with PM and procurement and ensure that they are duly incorporated into contracts/ contract amendments etc. Supports the PM in identifying, evaluating, assessing risks & opportunities as per the correct methodology as defined e.g. in FRG, PM guidelines , strategies and response activities. Also supporting in identifying, minimizing non-conformance costs and establishing an appropriate reporting structure Ensures together with the PM the adherence to internal controls (RIC), incl. ICFR Ensures the accuracy of cost and pricing calculation as well as overall project books and records, incl. recording of such in appropriate systems, e.g. SAP Prepares commercial documentation for regular project status meetings and ensures the accuracy of the commercial project data (i.e. FC, MIS, cash flow, Timely capitalization and Asset management etc.), handles Audit requirements Ensures compliance with Siemens FRG and local GAAP requirements, Local statutory regulations Ensures compliance with LOA guidelines Identifies, assesses, responds, monitors, reports, escalates all commercial risks, e.g. calculation, tax, insurances Ensures project members to act according to the Business Conduct Guidelines and establishes a culture of trust and integrity (e.g. adherence of tax regulations, ICFR, Signature rights, segregation of duties, EHS Ensures proper execution and coordination of all tasks with all relevant stakeholders, i.e. SFS (e.g. financing, insurance, guarantees, currency & commodity hedging), CF (e.g. AC, Taxes, Treasury, Audit), RIC incl. OR, Legal and Compliance, HR (incl. Delegation process), ECC, Customs , Procurement, logistic etc.Experience At least 10-15 years of commercial project handling experience in similar sized project (multi million Euro sized budget) and running over multiple years in a single location. Education & other Qualification Professional commercial knowledge Bachelor of commerce degree (minimum education requirement) Professional course in management (cost accountancy / chartered accountancy / MBA in finance etc.) is good to have Fluent English spoken skills and outstanding communications skills with internal key stakeholders (Legal, Tax. Insurance, accounting, Procurement, local entity management) Organization: Siemens Healthineers Company: Siemens Healthcare Private Limited Experience Level: Mid-level Professional Job Type: Full-time