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Finance Manager
About the Company
Siemens is seeking a highly motivated Finance Manager to join our team!
Job Description
Position Details
Siemens is seeking a highly motivated Finance Manager to join our team!
| Company Name | Siemens |
|---|---|
| Role | Finance Manager |
| Location | Bengaluru |
| Salary | Salary details will be discussed during the interview process. |
| Job Type | On-Site (In Office) |
Responsibilities
- Implement and maintain a robust system for the review and comprehensive analysis of various Balance Sheet accounts, including Fixed Assets (FA), Unbilled Costs (UBC), Inventory, and Accruals.
- Ensure strict compliance with International Financial Reporting Standards (IFRS), with a particular focus on Revenue Recognition principles.
- Actively participate in the digitalization and automation of existing manual and Excel-based processes to enhance efficiency and accuracy.
- Conduct regular reviews and monitoring of key performance indicators (KPIs) related to Order to Cash (OTC) processes, specifically Revenue Forecast Accuracy (FC), Inventory levels, Days Inventory Outstanding (DIO), Days Sales Outstanding (DSO), Cycle Time, and Net Contribution Contribution (NCC).
- Proactively identify opportunities for digitalization initiatives and collaborate with Business, Digitalization, and IT teams to drive their successful implementation.
- Guarantee the accurate and timely completion of monthly closing entries, including entries related to Accruals and Guideline-Based Provisions.
- Perform in-depth financial analysis of Balance Sheet and Profit & Loss (P&L) statements, identify areas for improvement based on thorough root cause analysis, and work closely with Business Stakeholders to effectively address identified issues.
- Establish effective and streamlined processes to ensure smooth and efficient month-end closing procedures pertaining to Revenue, Accruals, Provisions, and other relevant areas.
Qualifications
Skills
ATS Keywords
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Frequently Asked Questions
No prior professional experience is required for this role.
Key responsibilities include analyzing Balance Sheet accounts, ensuring IFRS compliance, driving digitalization, monitoring KPIs, and performing in-depth financial analysis.
The standard work week consists of 5 days.
This job is located in Bengaluru and is an on-site position.
Other Information
Experience Level
No prior professional experience is required for this role.
Work Schedule
The standard work week consists of 5 days.
Job Timing: Full-Time Position
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How to Apply
- Review Job Details: Read through all the job details on this page to understand the requirements and responsibilities.
- Click the Apply Link: Scroll down and click the “Apply Link” button to be redirected to the official website.
- Fill Out the Application: On the official website, fill out the application form with the provided information.
- Double-Check Your Information: Before submitting your application, review all the details you’ve provided to ensure accuracy and completeness.
- Submit Your Application: Once you’re satisfied with your application, submit it through the official website as instructed.
