Siemens Energy
"We energize society" by supporting our customers to make the transition to a more sustainable world, based on innovative technologies and our ability to turn ideas into reality. With nearly 100,000 employees around the world, we shape the energy systems of today and tomorrow.
About the Role
Location
Romania
Bucuresti
Bucharest
- Country: HUNGARY
- State/Province/County: Budapest
- City: Budapest
- Country: POLAND
- State/Province/County: Pomerania
- City: Gdansk
Remote vs. Office
Hybrid (Remote/Office)
Company
Siemens Energy S.r.l.
Organization
SE CFO
Business Unit
Wind Power
Full / Part time
Full-time
Experience Level
Professional / Experienced
A Snapshot of Your Day
The role focuses on four core areas: comprehensive project financial planning and setup, diligent cost monitoring and control throughout the project lifecycle, account receivables management (e.g. invoicing and follow up) and proactive forecasting and reporting. These functions are critical for maintaining the financial health and predictability of our service projects. Given the focus on financial oversight and reporting, the ideal candidate will have demonstrated experience in project cost control, budgeting, and variance analysis.
How You’ll Make an Impact
- Follow-up and Reporting of Account Receivables and Overdues
- Management of Master Data within ARE of responsibility
- Continuously monitor project costs, commitments, and invoicing activities against the established budget and forecast.
- Perform regular variance analysis to identify, investigate, and report on deviations, underruns, and overruns.
- Ensure adherence to internal controls and Generally Accepted Accounting Principles (GAAP) for all project-related financial transactions.
- Analyze cost data to determine the root causes of differences between initial estimates and final project costs.
- Establish and maintain budgetary control systems and financial documentation for service projects in the Nordics region.
- Create and manage the project's Work Breakdown Structure (WBS) within SAP to ensure accurate cost allocation and tracking.
- Collaborate with Project Managers during the initial phases to define project budgets, financial baselines, and cost structures.
- Prepare and distribute regular financial reports, including cost trend analysis, cash flow forecasts, and project status updates for management.
- Communicate significant financial deviations, potential risks, and opportunities to project leadership and stakeholders.
- Coordinate with procurement, planning, and engineering departments to gather accurate data for cost projections and forecasts.
What You Bring
- University degree in Finance, Business Administration, Economics, or a related field.
- Approximately 1-3 years of professional experience in project controlling, cost engineering, or a comparable financial role within a project-based business.
- Financial Management & Analysis: Budgeting, Cost Accounting, Variance Analysis, Forecasting, Cost Benefit Analysis
- Project & Process Management: Project Cost Control, Work Breakdown Structure, Project Documentation, Risk Analysis, Internal Controls
- Systems & Tools: SAP Applications, Power BI
About the Team
Wind Power division is part of Siemens Energy, a global leader in energy technology with a rich legacy of innovation spanning over 150 years. Together, we are committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. As a leading player in the wind industry and manufacturer of wind turbines, we are passionate about driving the energy transition and providing innovative solutions that meet the growing energy demand of the global community.
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 ~100,000 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.
Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo
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
- The opportunity to engage in an exciting environment on challenging projects.
- Strong professional support and working with colleagues around the world.
- Professional development opportunities within the company.
- To be part of a growing function with a dynamic, informal and inspiring working environment in a position that entails a large responsibility.
- Your lunch with SE meal tickets
- Keep your brain fit with our trainings
- Special for books lovers - Bookster
- Stay safe and healthy with our medical subscription
- Think about your future too with Privat Pension Pilon III
- Take care of yourself with our Wellbeing Initiatives
Jobs & Careers: https://jobs.siemens-energy.com/jobs
#LI-TJ1
A Snapshot of Your Day
The role focuses on four core areas: comprehensive project financial planning and setup, diligent cost monitoring and control throughout the project lifecycle, account receivables management (e.g. invoicing and follow up) and proactive forecasting and reporting. These functions are critical for maintaining the financial health and predictability of our service projects. Given the focus on financial oversight and reporting, the ideal candidate will have demonstrated experience in project cost control, budgeting, and variance analysis.
How You’ll Make an Impact
- Follow-up and Reporting of Account Receivables and Overdues
- Management of Master Data within ARE of responsibility
- Continuously monitor project costs, commitments, and invoicing activities against the established budget and forecast.
- Perform regular variance analysis to identify, investigate, and report on deviations, underruns, and overruns.
- Ensure adherence to internal controls and Generally Accepted Accounting Principles (GAAP) for all project-related financial transactions.
- Analyze cost data to determine the root causes of differences between initial estimates and final project costs.
- Establish and maintain budgetary control systems and financial documentation for service projects in the Nordics region.
- Create and manage the project's Work Breakdown Structure (WBS) within SAP to ensure accurate cost allocation and tracking.
- Collaborate with Project Managers during the initial phases to define project budgets, financial baselines, and cost structures.
- Prepare and distribute regular financial reports, including cost trend analysis, cash flow forecasts, and project status updates for management.
- Communicate significant financial deviations, potential risks, and opportunities to project leadership and stakeholders.
- Coordinate with procurement, planning, and engineering departments to gather accurate data for cost projections and forecasts.
What You Bring
- University degree in Finance, Business Administration, Economics, or a related field.
- Approximately 1-3 years of professional experience in project controlling, cost engineering, or a comparable financial role within a project-based business.
- Financial Management & Analysis: Budgeting, Cost Accounting, Variance Analysis, Forecasting, Cost Benefit Analysis
- Project & Process Management: Project Cost Control, Work Breakdown Structure, Project Documentation, Risk Analysis, Internal Controls
- Systems & Tools: SAP Applications, Power BI
About the Team
Wind Power division is part of Siemens Energy, a global leader in energy technology with a rich legacy of innovation spanning over 150 years. Together, we are committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. As a leading player in the wind industry and manufacturer of wind turbines, we are passionate about driving the energy transition and providing innovative solutions that meet the growing energy demand of the global community.
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 ~100,000 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.
Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo
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
- The opportunity to engage in an exciting environment on challenging projects.
- Strong professional support and working with colleagues around the world.
- Professional development opportunities within the company.
- To be part of a growing function with a dynamic, informal and inspiring working environment in a position that entails a large responsibility.
- Your lunch with SE meal tickets
- Keep your brain fit with our trainings
- Special for books lovers - Bookster
- Stay safe and healthy with our medical subscription
- Think about your future too with Privat Pension Pilon III
- Take care of yourself with our Wellbeing Initiatives
Jobs & Careers: https://jobs.siemens-energy.com/jobs
#LI-TJ1