About the Role
- Country: India
- State/Province/County: Karnataka
- City: Bengaluru
A Snapshot of Your Day
In your role as Accounts Receivable Senior Analyst:
Process Ownership
- You will support the Accounts Receivable Team Lead / Accounts Receivable Function Lead with day-to-day operations, you will be responsible for Process Management related activities such as proposing, implementing, monitoring, and reporting KPIs and internal controls.
- You will work in a team of domain experts, in which your tasks include, clarification of accounting issues, analysis of errors, initiation of any necessary corrections and involvement in process improvement activities or initiatives, if needed with support from the Accounts Receivable Team Lead.
- You will take ownership of daily Accounts Receivable transactions and month-end-closing activities and ensure they are recorded in a timely and accurate manner, in accordance with IFRS and local GAAP quality standards or any other relevant regulations and guidelines.
Collaboration & Teamwork
- You will be expected to collaborate and build strong partnerships with internal and external stakeholders such as regional accounting hubs, local business teams, and other partners within Siemens Energy’s local and global communities.
- Listen actively and continuously focused on the stakeholder requests, managing complex and uncertain operational issues, while decisively moving forward in taking ownership of decisions, together with the Accounts Receivable Team Lead.
- Share best practices with all relevant stakeholders.
Escalations & Process Improvement
- With your relevant experience, you support the Accounts Receivable team in all accounting issues and are available to the Accounts Receivable Analysts as a competent contact person.
- Proactive proposal or involvement in operational initiatives and exercise curiosity and creativity in suggesting improvement ideas or other value-added solutions.
How You’ll Make an Impact
Daily Operations, Controls and Process Improvements
As a detail oriented, actively committed and involved Accounts Receivable Senior Analyst you will be responsible for:
- To manage and coordinate the day-to-day operations related to accounts receivables, for example:
- Reconciliation of accounts (Customers & GL)
- Proposal Provision of doubtful receivables
- Handling legal proceedings of doubtful receivables
- Imaging and archiving
- Monitoring of Provisions
- Provide Credit Rating and Credit Limit Recommendation
- Monitoring credit limits
- Payment allocation
- Ensuring stability in monthly, quarterly, and annual financial closing activities, actively providing support to Accounts Receivable team members as a domain specialist.
- Querying various process related sets of data from multiple sources, through applying technical expertise to extract, compile, analyze and report those effectively.
- You assist with ad-hoc duties required by management to meet the needs of the business.
- Working independently, proactively supporting the Accounts Receivable team members providing feedback for more complex issues to the Team Lead.
- You will be responsible for internal controls in Accounts Receivable accounting, also participating in internal and external audit process by providing timely and qualitative information and resolve queries from the auditors (where applicable for the assigned countries/legal entities)
- You execute and continuously update DTP (Desktop Procedure) documentation for existing and are involved in the creation of DTPs for new processes/variances.
- You are actively involved in finance transformation projects, handling multiple activities through effective prioritization and time management skills. You will also support projects related to Accounts Receivable, Mergers and Acquisitions and ERP migration projects, among others.
- Contributing and engaging in standardizing and automating our workflows and Accounts Receivable processes and our cross-functional processes throughout the company.
Career development
- With your open-mindedness and willingness to learn, by building your skills and capabilities within our organization, you will support the Accounts Receivable team with the tasks at hand.
- Invest in your own career development by regularly seeking and giving honest feedback and embracing a curious mindset in learning and personal development.
People, process, and technology
- You will be actively contributing to our strategy for building an environment for people, processes, and technology, using innovation as a personal growth driver.
- Become more self-directed, build process ownership and find meaning in your work by taking part in process improvement initiatives and cross-functional projects.
- Build strong partnerships to win the trust of our stakeholders through respectful, agile, accountable behavior when interacting with colleagues, customers, partners, and Siemens Energy local and global communities.
What You Bring
- Bachelor’s degree in accounting or related field
- Minimum 3 years of relevant experience in Accounting & Finance Operations
- Accounts Receivable accounting and IFRS and local GAAP knowledge is preferable.
- Good MS-Office skills (especially in MS-Excel)
- Good understanding of business processes in SAP
- Experience in transitions and transformation projects is an advantage.
- Willingness to travel for knowledge transfer, training/workshops, if needed
About the Team
Accounting Services (AS) is an integral part of the global accounting ecosystem and a CFO function within Siemens Energy (SE). Out of Accounting Service Centers in Americas, Europe, and Asia, AS provides accounting solutions contributing towards SE’s vision to energize society.
AS is built on (1) people, (2) processes, and (3) technology which all are constantly challenged and developed. Global and diverse networks, domains, and responsibilities offer continuous opportunities to grow personally and professionally.
You will be coordinated operationally by the Team Lead Accounts Receivable, and further be reporting to the Accounting Service Center Accounts Receivable Function Lead being part of both the local finance community as well as an international network of accounting experts.
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 94,000 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.
Check out this video to learn more about Siemens Energy: https://bitly.ws/ZFwV
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
Rewards/Benefits
· Career growth and development opportunities.
· Supportive work culture.
· Company paid Health and wellness benefits.
· Paid Time Off and paid holidays.
· Savings Fund.
· Above the law benefits.
· Family building benefits.
· Parental leave
What happens next?
With a focus on decarbonization, new technologies, and energy transformation we are always looking to hire people to join the Energy Team. This means that we are hiring for many positions that are similar to this role and you may be considered for other similar openings. Our Talent Acquisition team will regularly review applications and contact you for any immediate and/or upcoming roles that match your skills and expertise.
In the meantime, learn what it's like from our current employees to work with such a diverse team all while providing products, solutions and services for the world's energy needs through our Energy Stories.
https://jobs.siemens-energy.com/jobs