Commercial Project Manager - ONTC

Change the future with us.

We are looking for dedicated and talented people who tackle ever-changing challenges, customer needs, and questions from colleagues with clever concepts and creativity. We embrace change and work with curious minds re-inventing the future of work. Join us and let us focus together on what’s truly important: making lives better with new ideas and the latest technology around the world.

Why you’ll love working for Siemens!

• Freedom and a healthy work- life balance– Embrace our flexible work environment with flex hours, telecommuting and digital workspaces.
• Solve the world’s most significant problems – Be part of exciting and innovative projects.
• Engaging, challenging, and fast evolving, cutting edge technological environment.
• Opportunities to advance your career and mentorship programs on a local and global scale.
• Competitive total rewards package.
• Profit sharing available.
• Rewarding vacation entitlement with the opportunity to buy and sell your vacation depending on your lifestyle.
• Contribute to our social responsibility initiatives focused on access to education, access to technology and sustaining communities and make a positive impact on the community.
• Participate in our celebrations, social events, and offsite business events.
• Opportunities to contribute your innovative ideas and get paid for them!
• Employee perks and discounts.
• Diversity and inclusivity focused.

Siemens is proud to be an eight-time award winner of Canada’s Top 100 Employers, Canada’s Greenest Employers 2022, Canada’s Top Employers for Young People 2022 and Greater Toronto's Top Employers 2022.

Position Overview

The Commercial Project Manager (CPM) holds end-to-end commercial, financial, and contractual accountability for assigned Technical Support Spare Supply Agreement (TSSSA) contracts. The CPM is responsible for Onshore Project P&L, revenue recognition, cost control, risk and opportunity management in full compliance with View email address on jobs.siemens.com, Siemens Regulations. The CPM is a core team member and acts as the commercial counterpart to the Project Director/Manager and as a commercial interface to the customer.

What will you do?

Commercial & Financial Management

• Assume full commercial responsibility for assigned TSSSA Onshore projects in accordance with View email address on jobs.siemens.com, including P&L, cash flow, and financial performance.

• Strong control over EAC (estimated at completion), lead revenue recognition (PoC), margin evaluation, and long-term cash-flow forecasting. Perform monthly forecasting ensuring forecast accuracy, transparency, and timely escalation of deviations.

• Identify, assess, and manage risks and opportunities, including availability and reliability related risks and deductions, price escalation adjustments, obsolescence, and supply-chain exposure.
• Support claims, counterclaims, and dispute management in collaboration with Legal and Project Manager.

• Collaborate closely with Project Directors/Managers, Service Operations, Engineering, Procurement, and Plant Controlling to optimize availability, lifecycle cost, and project profitability.
• Govern procurement-related commercial topics (spares, repairs, overhauls), ensuring contract compliance and budget adherence.

Governance, Compliance & Audit

• Ensure adherence to View email address on jobs.siemens.com, Siemens Commercial Regulations, Business Conduct Guidelines, and Internal Control over Financial Reporting (ICFR).
• Support internal and external audits, ensuring documentation quality, traceability, and control effectiveness.

What will you need to succeed?

• Bachelor’s degree in finance, Accounting, business, or equivalent professional experience.

• 5+ years of experience in commercial or financial project management within complex, asset-intensive environments.
• 3+ years managing long-term service or availability-based contracts with P&L accountability.
• Strong knowledge of project accounting, revenue recognition, forecasting, and cash management.
• Demonstrated experience in customer negotiations, variation management
• View email address on jobs.siemens.com Certification Level C or higher
• Strong communication, presentation, and stakeholder-management capabilities.
• Willingness to travel (~10%).

The successful candidate for this position must be fluent in English (oral and written) to perform the duties and responsibilities of the role. 

Salary is commensurate with experience, and ranges between $ 120,000 CAD - $ 130,000 CAD, excluding bonus and benefits. In addition to base salary, this role includes eligibility for an annual discretionary bonus based on Company performance metrics.  

About us.

We share our ideas and champion the people behind them.

Siemens Mobility is a separately managed company of Siemens AG. As a leader in transport solutions for more than 175 years, Siemens Mobility is constantly innovating its portfolio. Its core areas include rolling stock, rail automation and electrification, a comprehensive software portfolio, turnkey systems as well as related services. With digital products and solutions, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2022, which ended on September 30, 2022, Siemens Mobility posted revenue of €9.7 billion and had around 38,200 employees worldwide. Further information is available at:

In Canada, Siemens Mobility has been providing solutions to the transportation industry for more than 40 years, including railway infrastructure maintenance services on the rail networks in Quebec and Ontario, light rail vehicles in Edmonton and Calgary, trainsets delivered to VIA Rail Canada, new trainsets for Ontario Northland that will bring back Northeastern passenger rail to Ontario that are expected to be delivered in 2026, an order for locomotives for Montreal’s exo and the rail electrification and overall system maintenance of the light rail transit network in Kitchener-Waterloo. Our footprint also includes dispatching services operated from Dorval, Québec, to more than 25 railways across Canada covering over 3,400 miles of track.

Today, Siemens Mobility provides customers with full-service capabilities for the entire life cycle of their projects to help evolve our growing cities while supporting Canada’s sustainability goals.

To learn more about Siemens Mobility, visit our website at  Siemens Mobility | Canada | Siemens Mobility Canada