Siemens Energy

A Snapshot of Your Day:

In the role of Financial Analyst - Prevailing Wages Specialist, you'll assist the Head of Regional Controlling with financial tasks. You'll support the Proposal team in preparing customer offers and bids linked to prevailing wages, help Project Managers, and ensure prevailing wage regulation compliance with Payroll. Your responsibilities include working with various teams like Operations, Procurement, Logistics, Tax, and Accounting, following processes, using digital platforms, and adhering to regulations.

How You’ll Make an Impact

• Manage full-cycle accounting and month-end close processes, including work-in-process cost reviews, revenue accruals, and balance sheet adjustments.
• Conduct regular cost reviews, including variance analysis, and present findings to management to drive financial accuracy and efficiency.
• Support quarterly P&L reviews by analyzing variances against forecasts and budgets, identifying key trends and areas for improvement.
• Ensure accurate documentation and compliance with retention guidelines to facilitate audits and maintain adherence to Internal Control standards.
• Serve as a key business partner to project managers on prevailing wage requirements during offer and execution phases.
• Ensure we pay all employees on IRA-funded projects wages meeting or exceeding rates set by the Department of Labor under the Davis-Bacon Act and submit certified payroll reports to relevant government agencies.

What You Bring

• A bachelor’s degree in a finance-related field is required; Finance, Economics, Business, or Accounting preferred; CPA, MBA, or MS is a plus.
• Requires 3+ years in the financial related experience (3+ years with Prevailing Wage Specialist/Commercial Sales/CPM or Project Finance is preferred); additional years may lead to higher role.
• Understanding of GAAP and IFRS, strong skills in PC applications, primarily SAP and Microsoft Office, as well as strong analytical skills.
• Stay informed about changes in prevailing wage laws and regulations, including those specific to IRA projects, and implement necessary updates to compliance processes.
• Collaborate with project managers, contractors, and subcontractors to ensure understanding and adherence to prevailing wage requirements
• Assist in audits by providing necessary documentation and maintaining organized payroll records

 Authorization or ability to acquire authorization to work in the United States is a must.

About the Team

Grid Technologies

Our Grid Technology 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.

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.

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

Rewards

• Career growth and development opportunities; supportive work culture
• Company paid Health and wellness benefits
• Paid Time Off and paid holidays
• 401K savings plan with company match
• Family building benefits
• Parental leave

https://jobs.siemens-energy.com/jobs

#page