Project Manager - Commercial
- Houston, TX, United States
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Job details
- Posting language
- English
- Posted
Original job description
Position Summary Project Managers provide oversight and direction to their assigned projects. The Project Manager is accountable for planning, managing, and monitoring the project lifecycle to ensure projects are executed within their scope, schedule, budget, quality level, and targeted benefit realization - the project lifecycle includes, from the requirement phase through project retirement closeout.
The Commercial Project Manager is responsible for driving financial discipline, forecasting accuracy across a portfolio of active projects. This role serves as a key partner to the Project Management team by providing oversight of project financial performance, revenue recognition, and reporting accuracy to ensure predictable and compliant business outcomes. Essential Responsibilities
- Drives positive customer experience during project execution
- Provides consultation on proposal development as required
- Ensures integration of the project activities to meet project cost, schedule, deliverables, and manages scope changes to achieve customer requirements
- Acts as meeting chair for internal/external Kick-Off meetings
- Flows down contract requirements to the project team to ensure each team member is aware of his/her obligations
- Develops and manages the project schedule with input from various departments to ensure alignment with both internal and contractual delivery commitments
- Conducts project-specific meetings with project stakeholders
- Responsible for project commercial and contract management
- Effectively work within a multi-organizational/divisional project environment.
- Proactively manages risk (threats and opportunities) and regularly communicates to stakeholders
- Responsible for the Management of the project’s financials, including revenue budgets, cost budgets and forecasts to ensure the project’s P&L objectives are realized
- Responsible for progress reporting
- Effectively communicate with project stakeholders to ensure timely and transparent information flow
- Make sound decisions and provide project direction that is well thought out to achieve predictable outcomes
- Lead and or participate in continuous improvement initiatives
- Responsible for the adherence to project and company quality levels
- Review and analyze project financials across the active portfolio, including revenue, cost, margin, and forecast accuracy
- Ensure compliance with revenue recognition standards and company financial policies
- Validate and challenge project forecasts to drive accuracy, consistency, and predictability of financial outcomes
- Provide guidance and support to Project Managers on financial reporting, cost management, and revenue recognition practices
- Monitor Accounts Receivable (AR) reporting and work with Project Managers to drive timely collection and resolution of outstanding balances
- Identify financial risks and opportunities within the project portfolio and communicate insights to leadership and stakeholders
- Establish and reinforce standardized financial reporting practices across the Project Management team
- Provide portfolio-level financial visibility and reporting to support leadership decision-making
- Serve as a subject matter expert in project financial management, supporting training and development of the Project Management team
Qualifications
- Bachelor’s degree in business, engineering or other related fields from an accredited institution or be a certified Project Management Professional (PMP) or have a management level certification from the Association of Project Management (APM)
- Business Acumen (Business Strategy, Contract Management, Financial Management)
- Leadership (Inclusiveness, Critical Thinking)
- Technical Project Management (Professional Execution within a formal framework)
- Demonstrated ability to lead and influence a matrix-organized team through the lifecycle of a project
- Strong interpersonal skills with the ability to effectively communicate with all stakeholders
- Detail-oriented and results-driven
- Demonstrated ability to make decisions based on limited information
- Established ability to negotiate with and influence customers, subcontractors and other key stakeholders
- Strong data analytical skills
- Proficient in Microsoft Office applications including Excel and PowerPoint
Working Conditions The employee typically performs duties in a normal office environment. There may be some work in a manufacturing environment and exposure to the elements of our factory. Additionally, there may be some work performed in the field with exposure to construction sites or active customer facilities. It is the policy of Powell Industries to promote safe working conditions for ALL employees, to make available where necessary special equipment to protect employees against specific hazards, to reduce accidents through prevention programs, and to establish rules that are designed for the safety of all. It is the responsibility of each employee to adhere to this policy, as well as to observe all safety practices and exercise every precaution for the safety of accidents. This position is expected to travel approximately 5-10% of the time and must be able to travel with short notice and/or for extended periods More Information This job description outlines the essential functions of the job and does not contain a comprehensive list of all the possible responsibilities, tasks and duties.