Job Family: Finance
Req ID: 339609
*This is a hybrid remote opportunity. The ideal candidate will be required to report to the office three days per week and must be located in the greater Houston area.
Position Overview
The Project
Controller is responsible for commercial aspects of projects, ensuring project
profitability in during project execution phase, by continuously monitoring and
reporting financial status of customer contracts, identifying risks and
opportunities and anticipating requirements for additional change orders, time
extensions and similar matters that may affect planned results. In this role,
the successful candidate will be tasked with monitoring, reporting and offering
suggestions for improving the overall financial health of their responsible
projects. Candidates should be able to analyze key figures and interpret
contract language as well as maintain strong relations with operations
counterparts to ensure consistency and accuracy in monthly financial reporting
and forecasting. Candidates will be required to use and comprehend POC
Revenue Recognition. Due to the fast-paced nature of the work, the candidate
must be able to handle multiple projects at once with minimal supervision,
while maintaining a high level of attention to detail.
In addition to project
controlling, team members will also be responsible for completing several monthly
reports including but not limited to financial forecasts and variance analyses,
labor review and statistics, customer billing & journal entry transfers,
annual budgeting and planning support as well as Ad Hoc management requests. We
also provide decision support and conduct financial reviews of a wide range of
business issues including Risk and Opportunity identification, escalation and
billing and Non-Conformance reporting. In this role, the candidate will work
with cross functional teams and will be expected to work well in a team oriented
professional environment. Analysts will gain valuable experiences in this
position, which offers significant responsibility and interaction with senior
management. We seek a well-rounded individual with excellent data analysis
skills who will be a key contributor and is looking for an opportunity to grow
their career within Siemens.
This position will be part of the
finance team for the Measurement and Intelligence, GCI Sub- Segment located in Houston, TX
Key Responsibilities include:
Monthly revenue and GM forecasting on assignedprojects
Monthly review and analysis of Budget vs. EAC’sper Project.
Support Project Managers to ensure ProjectQuality based on PM @Siemens Guidelines and achievement of project goals(Revenue, Margin, SG&A, etc.). Ensure quality on all commercial andadministrational project quality policies as per PM @ Siemens and Siemensguidelines.
Forecasting of project revenue based on the typeof project and project schedule
Entering sales orders and projects into SAP
Managing project logistics, domestic andinternational (creating transport documentation, customer duties, exportlicenses and Export compliance documentation)
Cash flow analysis
Customer billing and collection
Coordinating other contractual requirements (e.g.,performance guarantees, insurance, taxes)
Creates Monthly Reporting package for PM and /or management
Supports financial closings as well as financialreporting as required
Ensures compliance with Siemens FRG and localGAAP requirements
Ability to work a large number of midsizeprojects and prioritize.
Ability to interpret and execute contract(customer and supplier) terms and conditions.
In addition to the above, recommends
policies and practices related to contractual elements of proposals. Ensures
that contracts are in accordance with legal requirements, customer
specifications and government regulations. Completes project cost calculations
and status reports in cooperation with Project Team. Performs Project Review
process. Continuously monitors and reports financial status of customer
contracts. Identifies complex issues and anticipates requirements for
additional change orders, time extensions, and similar matters that may affect
plan results.
Required Knowledge/Skills, Education, and Experience
BS/BA in Accounting or finance required
Proficient in Accounting policies and PMguidelines.
Advance Excel Skills required (V-lookups, Pivottables, Sum if Formula’s)
SAP FI/CO, PS and SO or an equivalent ERPsystem, experience required.
5+ years of progressive experience required, 8+ years preferred in FinancialPlanning & Analysis or Cost Accounting/Budgeting and project controlling
Where permitted by applicable law, Siemens may require employees to be fully vaccinated against COVID-19 based on job requirements, and in accordance with an accommodation based on legally protected reasons.
Preferred Knowledge/Skills, Education, and Experience
CPA / MBA is a plus
Additional certifications such as Siemens CPMCertification or PMP Certification will be required to be obtained within thefirst 12 months
Tableau and Dashboards experience is a plus
Be able to provide general guidance or trainsupport and/or professional staff.
Must have the ability to read and interpretcontract language to ensure proper financial treatment
Ability to partner with technical counterpartsto drive decisions in a fast-moving environment
Strong attention to detail and ability toconvert large volumes of data into actionable information
Strategic thinking, creative problem solving,and financial modeling skills
Deep appreciation for sound finance processesand ability to identify, develop, and drive operational improvements
Excellent organizational skills, ability tomulti-task and address competing priorities
Excellent written and verbal communicationskills
#LI-VM1
Organization: Digital Industries
Company: Siemens Industry, Inc.
Experience Level: Experienced Professional
Full / Part time: Full-time
Equal Employment Opportunity Statement
Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.
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