Siemens Energy

Snapshot of Your Day

This role will be responsible for the timely and accurate completion of all commercial/financial related matters for Field Services teams. These include managing the field service cost centers management, forecasting, budgeting, controlling and reporting according to defined processes, standards, and applicable Financial Reporting Guidelines (FRG). You will report directly to the Head of Finance Service Operations Saudi Arabia, based in the SE Dammam Hub.

How You Will Make an Impact

• Ensure transparency in actuals, provide reliable forecasts, and develop high-quality budgets. Conduct variance analysis (under/over absorption of costs) and support cost-saving measures.
• Handle multiple cost centers, cost allocations, rate calculations, and maintenance in SAP. Utilize the Solution for Processing Global Implementation, a web-based tool for recording Field Service Personnel Time Sheets and allowances for projects.
• Manage resource delegation orders, Service Level Agreements, Process Adjustment Tax Advice, and compliance in offer creation.
• Follow up on and ensure timely bookings of Time Sheets, cost reconciliations, and invoicing with supporting calculations for Field Service.
• Perform all monthly, quarterly, and year-end closing tasks, including Journal Vouchers, Accruals, Clearing WIPS, Order Cost Controlling Report adjustments, Controlling of Profitability Analysis Margins, Plan Cost Updates, and Order on Hand Reports.
• Ensure control and compliance with all applicable guidelines in handling projects and cost centers (FRGs, IFRS, Tax, ECC).
• Support all relevant internal (IFRS) and external audits, logistics, and export control topics.
• Assist in implementing financial and business administration policies, standards, and procedures for the assigned organization unit.
• Manage and escalate finance matters, including legal topics, compliance, and financial risk management.
• Drive transformation initiatives, including process standardization and digitalization, to optimize responsiveness and costs.
• Support management in achieving targets as per required standards.
• Prepare ad hoc reports, analyses, profitability, and efficiency calculations.

What You Bring

• Master’s degree in Accounting, Finance, or Business Administration, or a professional certification.
• Minimum 5 years of Proven experience in Accounting/Finance roles
• Experience in managing field service/site management staff is highly desirable.
• Experience with small projects, cost center management, business processes, and tools.
• Command over MS Office (Excel, PowerPoint, Think Cell, etc.) and proficiency with related SAP/MYSPGI modules.
• Excellent verbal and written communication and presentation skills in English.
• Experience with budgeting, forecasting, reporting, and analysis is essential

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 92,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we’re also using our technology to help protect people and the environment.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Our Commitment to Diversity

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.

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