Commercial Trainee Job Opportunity In Mumbai at Siemens

Job description:

Siemens is looking for a dynamic, proactive, and highly motivated professional.

The role is of a Commercial Project execution with the objective of executing the project within defined targets (e.g. costs, time, quality) ensuring customer satisfaction. In this role, the Project Commercial acts as entrepreneur (by being involved at acquisition stage as well), bridging the gap between business, technical and commercial sphere. The activities will include, but not limited to (since we are looking for entrepreneurs ready to progress exponentially with growth of business):

• Ensure PM@Siemens guidelines applied across projects’ phases and problems jointly solved by acting as a catalyst to business growth.
• Perform financial planning, forecasting, controlling and ensure compliance with Siemens and local GAAP requirements along with asset management
• Prepare commercial documentation for regular project status meetings and ensure the accuracy of the project data (forecast, project calculation, cash flow)
• Contract & Claims negotiation and management
• Commercial project coordination (e.g. requesting and tracking bank guarantees, insurance, etc.) and coordination of legal, taxation and insurance issues.
• Ensure accurate methodology for evaluation and assessment of risks and opportunities
• Support Procurement & Logistics, if applicable
• Provide accurate and timely costs and cash flow forecasting
• Understanding and reducing complexity
• Offering and demanding support to/from the project team.
• Ensure compliance with regulations and guidelines.
• Develop and maintain robust internal control mechanism.

Qualifications, skills and competencies:

• University degree in Finance & Accounts or in business administration
• 0-2 Years of Experience as Commercial Business Administration
• Basic knowledge in contract law and experience in contractual negotiation.
• Basic knowledge in business models and contractual setup structure
• Know-how on the applications of basics of financial accounting-IFRS, controlling, reporting/preparing procedures and documentation, law of contracts, public procurement law, foreign trade and customs regulations, general logistics etc.
• Creative and independent thinker with the ability to interact with all levels of management and departments within the organization while taking a hands-on approach to problem solving
• Strong communication and organizational skills
• Adaptability and flexibility to manage changing demands
• Strong in MS Office program, SAP.

Job/Req. ID: 429598

Company: Siemens

Location: Bangalore, KA

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