Head of Finance, Commercial Project Management

About the Role

As a Finance Lead for sub-region Saudi Arabia in the Gas Services organization of Siemens Energy, you will work in a high-growth business environment with commercial responsibility for delivering business results. In active collaboration with the project management organization, the role envisages execution of service contracts according to the defined Project Management (PM) standards, customer requirements and the applicable Financial Reporting Guidelines (FRG).

How You’ll Make an Impact

• Take full ownership of Annual and Quarterly Financial Plans for the business in the country.
• Deliver a high quality financial and business forecast for different stakeholders.
• Ensures a qualified team of CPMs is in place to implement the ongoing and new projects.
• Take lead on Internal Audits / Reviews, RIC compliance, and coordination with external audits.
• Participate in Monthly and Quarterly Project Review Meetings and Certification calls to represent the Sub Region on critical items.
• Ensure compliance to all applicable guidelines in managing the projects i.e. FRGs, NCM, LoA, transfer pricing, tax, BCGs, ECC and applicable laws.
• Ensure Proper Risk / Opportunity Management is in place to identify and mitigate project risks at an early stage.
• Managing foreign currency risk in the projects in line with hedging/currency guidelines.
• Managing project guarantees, bonds, and project insurances in an effective manner.
• Manage stakeholder’s requirements (customers, subcontractors, internal organization, consortium partners and other team members etc.)
• Regularly performs lessons learned and feeds results into own project lessons learned activities and into own organization including non-conformance cost reporting.

What you Bring

Leadership Competence:

• You should have at least 10 years’ experience leading a diverse team of 7-10 direct reports.
• Having good understating of Power Generation services Business to guide the team.
• Excellent communication skills to present and communicate with C Levels Executives within and outside the Organization.
• Keeping the team motivated to deliver under difficult conditions.
• Maintaining high ethical standards and compliance with our Business Conduct Guidelines.
• A leadership vision with strategic thinking and proactive problem solving.
• Development of team and talent for future leadership of Siemens Energy.
• Ability to manage external and internal stakeholders in both Siemens Energy and customer organizations.

Technical Competence:

• 7-10 years of experience as CPM / Project Finance Lead for handling of long-term / complex "B/C" category projects.
• Hold a bachelor’s degree in accounting / finance. Master’s degree or Global Accounting Certification (CIMA, CA, ACCA, CPA) is preferred.
• Certification for "B/C" Category projects preferred but not mandatory.
• Experience with Business Processes (Project Management, Sales, LoA, NCM etc…)
• Familiarization with Accounting Principles (IFRS / FRGs). Sound knowledge of accounting for complex cross border projects to guide the team.
• Command on Asset Management to maintain Capital Efficiency. Control on Balance Sheet and Cashflow.
• Contract/Claim Management.
• Proficiency with related SAP Data Reporting modules.
• Experience with Budgeting, Forecasting, Reporting, and Analysis

Rewards/Benefits

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 92,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we’re also using our technology to help protect people and the environment.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Siemens Energy 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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