Siemens Energy

A Snapshot of Your Day

Team Leadership: You will lead a team of domain experts, managing accounting issues, analyzing errors, initiating vital corrections, and leading process improvement activities with support from the Cash & Bank Function Lead. You will supervise daily Cash & Bank transactions and month-end closing activities, ensuring timely and accurate recording in accordance with IFRS, local GAAP, and other relevant regulations.

Collaboration & Teamwork: You are expected to collaborate and build strong partnerships with internal and external customers, including regional accounting hubs, local business teams, and other partners within Siemens Energy’s communities. Actively listen to customer requests, manage sophisticated operational issues, and take ownership of decisions with the Cash & Bank Function Lead. Share best practices with all relevant collaborators.

Escalations & Process Improvement: With your experience, lead the Cash & Bank team in resolving accounting issues and serve as a competent contact person. Lead the team in operational improvement, finance transformation projects, or other beneficial solutions in your area of expertise.

How You’ll Make an Impact

Validating that bank statement imports/uploads automatic and manual are performed in a timely manner and free from error in SAP

• Perform bank accounts reconciliations in a timely manner and that aged items are followed-up on and clarified by following-up with any reasonable party
• Reconcile account balances between SAP and bank interface
• Perform special booking transactions (e.g. overpayments, employees, tax authorities, wage tax etc.)
• Create journals to internal / external Bank Account
• Monitoring of outgoing payments (MOP Process)
• Bank related interim account clearing
• Recording of all cash transactions and follow-up on items to be clarified
• Perform Interim Cash related General Ledger Account Reconciliations
• Investigate and resolve payment rejection
• Perform month end activities related to Cash and Bank
• Ensuring stability in monthly, quarterly and annual financial closing activities, actively providing support to Cash & Bank team members as a relevant specialist and leader.
• You assist with ad-hoc duties required by management to meet the needs of the business, and coordinate solutions with your team if required.
• Working independently and proactively supporting the Cash & Bank team members, also providing feedback for more complex issues to the Function Lead.
• You will be responsible for internal controls in Cash & Bank accounting, also participating in internal and external audits by providing timely and qualitative information and resolve queries from the auditors (where applicable for the assigned countries/legal entities).
• You own the implementation and continuous update of DTP (Desktop Procedure) documentation for existing and creation of DTPs new processes/variances.
• You are actively involved in leading, proposing and coordinating people and processes in continuous improvement initiatives as part of finance transformation projects. You will support projects related to Cash & Bank, Mergers and Acquisitions and ERP migration projects, among others.
• Contributing and engaging in standardizing and automating our workflows and Cash & Bank processes and our cross-functional processes throughout the company.

What You Bring

• Bachelor’s degree in Accounting or related field
• Minimum 7 years of experience in the field of Cash & Bank or Accounting & Finance Operations
• Minimum 2 years of experience in Team Leadership
• Extensive knowledge of accounting and IFRS is mandatory
• Very good MS-Office skills (especially in MS-Excel)
• Very good understanding of business processes in SAP
• Experience in transitions and transformation projects
• Willingness to travel for knowledge transfer, training/workshops, if needed

You are open and communicative in nature as well as fluent English skills complete your profile

About the Team

Accounting Services is an integral part of the global accounting ecosystem and a CFO function within Siemens Energy. Out of Accounting Service Centers in Americas, Europe, and Asia, Accounting Services provides accounting solutions contributing towards SE’s vision to energize society.

Accounting Services is built on people, processes, and 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 General Ledger, Closing & Reporting, and further- be reporting to the Accounting Service Center General Ledger, Closing & Reporting” 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 98,000 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 distributed 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

• Employees are eligible for Remote Working arrangements up to 2 days per week.
• All employees are automatically covered under the Medical Insurance. Company paid considerable Family floater cover covering employee, spouse and 2 dependent children up to 25 years of age.
• Siemens Energy provides an option to opt for Meal Card to all its employees which will be as per the terms and conditions prescribed in the company policy. – As a part of CTC, tax saving measure
• Flexi Pay empowers employees with the choice to customize the amount in some of the salary components within a defined range thereby optimizing the tax benefits. Accordingly, each employee is empowered to decide on the best Possible net income out of the same fixed individual base pay on a monthly basis.