Project Financial Specialist

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrives is if our people are thriving. That’s why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you?

Transform the everyday with us!

The Project Financial Specialist will play a key role in managing and overseeing the financial administrative responsibility for projects with General Contractors. This position involves close collaboration with commercial project managers, customers and finance to ensure effective project executions and financial success. Experienced working with General Contractors is preferred. This is a hybrid or remote position; Remote eligibility is generally limited to current Siemens employees or candidates with a proven track record of success in remote work environments

Key Responsibilities:

• Manage project documentation and financial plans, ensuring accuracy and alignment with project goals.
• Create and manage milestone billing/invoicing on projects.
• Prepare and submit owner pay applications (AIA G702/G703 or owner-specific formats)
• Review and process subcontractor billings, including pay apps, backups, and lien waivers.
• Perform financial reconciliations to ensure customer has been billed correctly.
• Monitor and track project invoices, identifying discrepancies and recommending corrective actions.
• Assist in the development and implementation of financial controls and procedures for projects.
• Coordinate with project managers to ensure timely and accurate financial data collection and reporting.
• Support the preparation of financial and commercial documentation for cash collection
• Conduct financial risk assessments and provide recommendations to mitigate risks.
• Assist with project audits, providing necessary financial documentation and support.
• Maintain accurate and up-to-date financial records for all assigned projects.

Basic Qualifications:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• A minimum of 2 years of experience in a corporate environment
• General understanding of projects and financials
• Proficiency in financial software and tools (e.g., Excel, Microsoft Office, SAP)

Preferred Qualifications:

• Excellent analytical and problem-solving skills.
• High attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Strong communication and interpersonal skills.

About Siemens:

We are a global technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to sustainable transportation as well as advanced healthcare, we create technology with purpose adding real value for customers. Learn more about Siemens here.

Our Commitment to Equity and Inclusion in our Diverse Global Workforce:

We value your unique identity and perspective. We are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society, while ensuring that we attract the best talent based on qualifications, skills, and experiences. We welcome you to bring your authentic self and transform the everyday with us.