Siemens Energy

A Snapshot of Your Day

In this role, you will be responsible for processing closing-related topics and ensuring they stay in sync with Siemens Energy's financial reporting guidelines. You will spend ample time working with SAP and other IT tools, reviewing key balance sheet positions, and ensuring alignment with the respective businesses. Additionally, you will gain a deep understanding of the company and its various businesses, resolving queries on key accounting matters or system-related issues. Coordination with the Head of Accounting, Head of Business Finance, and the Hub Accounting team on relevant matters is essential. You will also chip in effectively to identifying steps for elimination, simplification, and automation. Moreover, you will have the opportunity to have fun, develop, and cultivate new professional relationships

How You’ll Make an Impact

• Serve as the effective Business Partner for the assigned countries, ensuring timely and accurate month/quarter-end closing and reporting. Additionally, handle accounting queries for the assigned countries.
• Act as a trusted Business Partner for Business Areas, focusing on providing guidance on complex accounting topics, timely remediation of issues, and effective monitoring of topics.
• Supervise the accounting function/transactions, ensuring adherence to Siemens Energy Financial Reporting Guidelines (SE FRG).
• Ensure transactions are recorded in accordance with the Siemens Energy International Chart of Accounts.
• Monitor and manage key Balance Sheet positions for assigned Middle East entities, such as Unallocated AR, Advances to Suppliers, Retention, Advances from Customers, and Retention. Independently drive the Balance Sheet Review process for assigned country businesses and provide remediation and solutions.
• Resolve reporting and closing queries qualitatively and develop controls to prevent recurring issues.
• Support the quarterly and yearly external audit process by providing timely information and resolving auditor queries qualitatively (if applicable for the assigned country).
• Ensure the month-end closing process is performed smoothly in coordination with the Accounting Services team, and ESPRIT reporting is completed with high quality and within defined timelines. At times, engage in discussion with distributed team for closing related matters.
• Ensure timely and qualitative reporting of Financial Disclosures, such as ADSTAR.
• Chip in to process improvement initiatives and drive their successful implementation.
• Be 'digital-ready,' adopting digital ways of working and chipping in to our vision to Simplify.

What You Bring

• 5-7 years of proven experience in accounting or a commercial background, ideally from a similar MNC organization.
• Solid analytical skills with an accounting background; Chartered Accountant preferred.
• Commercial, Finance, Accounting, or BA degree or equivalent experience from a reputable university or college is beneficial.
• A mentality to inspire change and adopt digitalization.
• SAP working experience is a requirement; knowledge and practical experience with S4Hana preferred.
• Excellent interpersonal skills; fluent in English, preferably in a regional function.
• Great teammate with experience working in a multicultural environment.
• Knowledge of Siemens Energy reporting process and Financial Reporting Guidelines is advantageous.

About the Team

Our Gas Services division offers Low-emission power generation through service and decarbonization. Zero or low emission power generation and all gas turbines under one roof, steam turbines and generators. Decarbonization opportunities through service offerings, modernization, and digitalization of the fleet.

• Our Grid Technologies division enables a reliable, sustainable, and digital grid. The power grid is the backbone of the energy transition. Siemens Energy offers a leading portfolio and solutions in HVDC transmission, grid stabilization and storage, high voltage switchgears and transformers, and digital grid technology.
• Our Transformation of Industry division is decarbonizing the industrial sector. Increasing electrification and efficiency are key and demand for green H2 and derivative fuels will rise. We enable decarbonization of the industrial sector and the transition to sustainable processes, building on a strong industrial customer base, a global network, diverse technologies, and integrated execution capabilities. Candidates want to learn about the divisions they will be joining–the structure, how it works together, and the role it plays in driving Siemens Energy’s mission forward.

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 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.