Role:- Commercial Project Manager
Location:- Gurgaon
Project Management:
- 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.
