Demo

Project Manager III

Loram
Medina, MN Full Time
POSTED ON 2/8/2025
AVAILABLE BEFORE 5/8/2025

Job Title : Project Manager III

FLSA Status : Exempt

Department : Project Management

Reports to : Director, Project Management

Flex Work Eligible! This position qualifies for the Flexible Work Policy. Employees receive 75 work days annually to work remote! The initial amount of days is prorated for the first year based on start date.

GENERAL DESCRIPTION / PURPOSE :

Senior-level Project Manager (PM) accountable for planning, directing, and coordinating all assigned Projects. PM is accountable for the management of all activities to ensure projects are delivered on time, on budget, scope management, meet quality expectations, and ensure the project team is following procedures and policies; along with meeting or exceeding customer requirements and expectations.

ESSENTIAL JOB FUNCTIONS :

Functional and Technical Skills

  • Responsible for all aspects of the entire project life cycle (initiate, plan, execute, control, close) for multiple complex projects and sophisticated project schedules from customer tender through delivery and customer acceptance.
  • Ensure projects meet all requirements. (Technical, procedures / policy, scope, budget, and schedule). Communicate all variances in the project (budget, scope, schedule, and out-of-process / policy).

Support and plan for machine testing, training, commissioning, and customer acceptance. Assisting engineering, marketing, production, and strategic sourcing on project cost estimates (budgetary and full project quotes) for contract submission.

  • Maintain and manage project action logs. Work with cross-functional project teams to identify risks upfront and develop plans to reduce or eliminate their impact.
  • Manage and communicate project cost, P&L management, and project change orders. Validate ERP-derived project cost estimates and exemplifies solid ERP skills to drive action. Develop project forecasts and communicate any variances to budget
  • Participate in the development of project schedules and lead the team to deliver projects on time.
  • Operational Excellence

  • Confer with project staff to outline work plans and to assign duties, responsibilities, the scope of authority, and execution. Take ownership of project performance.
  • Assist Engineering, Marketing, Production, and Strategic Sourcing on project cost estimates (budgetary and full project quotes) for Contract submission
  • Review status reports prepared by project personnel and modify schedule or plan as required. Prepare project reports for management, client, or others. Customer interface to ensure project scope compliance, yet manage project scope creep
  • Achieve project Key Performance Indicators (KPI) for all assigned projects. Stage-gate process champion with strict adherence to process documentation completion
  • Accept special assignments as needed
  • Leadership and Talent Development

  • Ensure that all team members understand all aspects of the project requirements and how their role fits into the successful execution of the project. Challenge the team to meet stretch targets and mentor, and train Project Managers, I and II on Project Management best practices.
  • Participate in the continuous improvement of the Project Management Office (PMO)
  • Direct and coordinate activities of project personnel to ensure projects progress on schedule and within prescribed budgets while following our process and policies.
  • Effectively lead cross-functional teams and coordination of team activities, ensuring appropriate and timely issue escalation and member accountability
  • REQUIRED QUALIFICATIONS :

    Education : Bachelor's degree, preferably in Engineering or Business.

    Experience : 7 years of Project management experience. Significant experience leading numerous large-scale projects, from inception to completion, within the prescribed budget, Scope of Work, and schedule. Or combination of 5 years' of experience in Loram, working with numerous large-scale and cross-functional projects.

  • Or equivalent combination of 11 years of education and experience in Engineering, Business, and or Project Management.
  • Must maintain railroad safety training and certifications

    PREFERRED QUALIFICATIONS :

    Education : Advanced Degree

    Licenses / Certifications : Project Management Certification.

    WORKING CONDITIONS :

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

  • Office deskwork, requiring sitting, walking, using phone & computer
  • May lift to 30 lbs. occasionally.
  • 20% or more travel including international
  • Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
  • Benefits for this role include a comprehensive package with company-sponsored medical, dental, and vision insurance; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; wellness programs; basic life and AD&D insurance; voluntary life insurance; company paid short-term and long-term disability coverage; 401(k) retirement plan including an employer match of 150% up to the first 6% you contribute to the Plan; Employee Assistance Program (EAP); behavioral health support; and leaves of absence. Additional benefits include tuition reimbursement, payroll charity contributions, adoption assistance and optional plans such as legal, critical illness, and hospitalization.

    Loram determines compensation based on factors such as skills, competencies, education, and / or experience. Certain positions may be eligible for an annual bonus and paid time off in addition to base compensation.

    Starting pay for the position is between $110,554 - $138,192.

    Loram is an Equal Opportunity Employer and will make all employment-related decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, marital status, familial status, status with regard to public assistance, membership or activity in a local commission, protected veteran status, or any other status protected by applicable law.

    Rev 7.2024

    LI-AB1

    LI-HYBRID

    Salary : $110,554 - $138,192

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Project Manager III?

    Sign up to receive alerts about other jobs on the Project Manager III career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $107,623 - $139,321
    Income Estimation: 
    $133,494 - $170,282
    Income Estimation: 
    $131,105 - $151,214
    Income Estimation: 
    $128,269 - $173,633
    Income Estimation: 
    $157,111 - $225,157
    Income Estimation: 
    $107,623 - $139,321
    Income Estimation: 
    $133,494 - $170,282
    Income Estimation: 
    $131,105 - $151,214
    Income Estimation: 
    $128,269 - $173,633
    Income Estimation: 
    $157,111 - $225,157
    Income Estimation: 
    $87,195 - $112,851
    Income Estimation: 
    $115,491 - $158,336
    Income Estimation: 
    $102,413 - $133,130
    Income Estimation: 
    $109,705 - $144,044
    Income Estimation: 
    $119,541 - $162,386
    Income Estimation: 
    $175,165 - $219,883
    Income Estimation: 
    $271,516 - $422,299
    Income Estimation: 
    $261,260 - $370,192
    Income Estimation: 
    $137,274 - $178,415
    Income Estimation: 
    $182,502 - $249,036
    Income Estimation: 
    $207,946 - $249,343
    Income Estimation: 
    $175,165 - $219,883
    Income Estimation: 
    $182,642 - $260,237
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Loram

    Loram
    Hired Organization Address Stockton, CA Full Time
    Job Title : Rail Equipment Maintenance Operator FLSA Status : Nonexempt Department : Operations Reports to : Assistant M...
    Loram
    Hired Organization Address Medina, MN Full Time
    Job Title : Manufacturing Project Engineer FLSA Status : Exempt Department : Manufacturing Management - 6200 Reports to ...
    Loram
    Hired Organization Address Medina, MN Full Time
    Job Title : Director, Global Quality and Continuous Improvement FLSA Status : Exempt Department : Quality Assurance Repo...
    Loram
    Hired Organization Address Escondido, CA Full Time
    Job Title : Rail Equipment Maintenance Operator FLSA Status : Nonexempt Department : Operations Reports to : Assistant M...

    Not the job you're looking for? Here are some other Project Manager III jobs in the Medina, MN area that may be a better fit.

    Sr Project Manager

    Project Manager Construction, Naples, FL

    Project Manager

    CABLESOUTH MEDIA III LLC, Lonoke, AR

    AI Assistant is available now!

    Feel free to start your new journey!