Commercial Project Manager - Finance - REMOTE

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timePosted 4 days ago location United States salarySalary undisclosed
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Job Description

The Role: The Commercial Project Manager oversees financial operations for one or more projects, by developing, analyzing and modeling operational accounting and other organizational data to ensure customer value delivery. Prepares operation analyses, including operational effectiveness and capacity utilization. Prepares plans or recommends solutions to new and complex problems, develops innovative strategies, quantifies the competitive performance of the organization's operations and/or markets, evaluates the potential impact of changes and reports on economic forecasts that affect assigned projects.The ideal candidate for this role will be a highly analytical, organized and effective communicator with the ability to strategically partner with the business to support the financial success of mid to long term B2B / B2G client projects.This opportunity is open to remote workers within a commutable distance (50-miles) to one of our office locations: Austin, TX; Duluth GA; Pleasanton, CA; or Secaucus, NJResponsibilities: Manages all commercial aspects that are significantly influencing budget and actuals, of assigned category A and category B projects.Performs independent evaluations of financial performance of a project in compliance with accounting and financial group standards applied by Kapsch TrafficCom.Reviews price calculations, hourly rates and escalation assumptions, FX assumptions, Cashflow and ensures all commercial costs are included (banks, facilities, capex, etc).Participates in commercial aspects of contractual negotiations and must approve final version of financial terms and conditions before contract execution.Analyzes customer requirements for insurance and bonds to ensure KTC is in compliance and provide cost estimates to be considered as project specific costs.Leads the risk assessment process and provides recommendation in regards of risk provisions to be considered in the margin and partners with pricing department and project management team to reconcile cost estimates and risk provisions before bid approval.Coordinates and presents the project in the areas of accounting, controlling and contract management for external purposes like banks, insurance company, external audits and corporate requests.Audits reporting tools to ensure compliance to financial reporting guidelines, group standards (Project Info Base) and IFRS Standards.Reviews cost allocations to ensure they align with contract requirements and are within the scope of the customer contract.Monitors financial performance (Net sales, costs , invoicing) versus various baselines (Budget, Plan approved, FC) and provides deviation analysis as well as recommends actions to improve project performance.Initiates project approvals in case of deviations from the approved plan to ensure estimate at completion is properly and timely reported.Supports project managers in the financial modeling of the impact of change orders on customers' and subcontractors' claims or disputes; specifically regarding the financial assumptions related to established terms and conditions.Supports periodic risks and opportunities reviews ensuring reporting is properly and timely updated in local management's tools and Project info Base on a monthly basis.Approves all project purchase orders with the Project manager as per Supply Chain / Finance DOAActs as the guardian of rules (four eyes principle) from a financial compliance perspective at project level by providing recommendations for management to ensure estimates at completion are consistent with company policies and guidelines from accounting and internal control requirements.Prepare ad hoc analysis related to project trends as needed.Reporting, controlling and analysis of the overall portfolio of operations projects (FP).Providing guidance regarding revenue recognition and accounting in operations and maintenance projects.What's in it for you?Solving complex problems that improve daily the lives of people around the worldOpportunity to work with cutting edge technologies in a high-growth industryCareer growth and development opportunitiesCasual work environment with flexible work hoursExcellent benefits including a no-cost medical insurance option for employee and eligible dependentsWhat we are looking for:Bachelor's degree in Finance, Business, Engineering or a related field.Min 5 years of experience in commercial project management, project controlling, or project management.Experience in commercial project management, customer project controlling, contract management and contract negotiations in support of mid to long-term (>1-year), external B2B or B2G customer projects in the Transportation, Oil & Gas (O), Infrastructure or similar industry.Advanced skills in MS Excel are required.Ability to travel up to of 10% for business purposes is required.Excellent interpersonal skills and the ability to effectively partner with all levels of internal stakeholders, external clients and vendors.Proven ability to influence, utilizing functional knowledge and data to build a strong case for recommendations.Kapsch TrafficCom is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, race, creed, color, national origin, ancestry, marital status or sexual orientation, gender identity or expression, disability, nationality or sex. Kapsch TrafficCom is a drug-free workplace. Kapsch is committed to working with and providing reasonable accommodations to individuals with disabilities. If you require need a reasonable accommodation for any part of the application or interview process, please send an email to to advise of the nature of your request along with your contact information.Candidates Requiring Sponsorship: Kapsch TrafficCom regrets that presently we are unable to consider individuals for this position who will require sponsorship for employment visa status (i.e., TN, H1-B, OPT, etc.).Unsolicited Third-Party Candidates: Please note that Kapsch TrafficCom does not accept unsolicited resumes/candidates from third-party recruiters that are not engaged and under written contract with Kapsch TrafficCom. Any employment agency, individual or entity that submits an unsolicited resume/candidate acknowledges and understands that Kapsch TrafficCom has the right to hire any applicant at its own discretion without any fee owed or due to the submitting third-party employment agency, individual or entity. For more information, please contact