04 Oct
|
Siemens
|
Mumbai
Looking for challenging role? If you really want to make a difference - make it with us
At Siemens Energy India Limited, we are more than just an energy technology company. 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 Siemens Energy’s research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.
Siemens
Energy’s 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.
Your new role – challenging and future-oriented
Job SummaryWe are looking for an experienced accounting professional to drive robust accounting processes, ensurecompliance with accounting guidelines, and lead Balance Sheet and P&L; review/monitoring. This role willalso support implementation of new accounting standards and regulatory changes, provide auditsupport, and act as a go-to advisor for day-to-day accounting matters, sharing expertise with stakeholdersand driving continuous improvement.
Key Responsibilities1) Accounting Process Ownership &
- Governance• Own and continuously improve end-to-end accounting processes (close, reconciliations, accruals,provisions, intercompany, fixed assets, etc.).
- Establish/maintain process controls, SOPs, checklists, and governance mechanisms.
- Identify and implement process standardization and automation opportunities in collaboration withfinance transformation/IT.2) Accounting Guidelines &
- Technical Accounting Support• Ensure accounting treatments align with applicable accounting standards (e.g.,
Ind AS/IFRS asrelevant) and internal policies.
- Provide technical accounting guidance on transactions (revenue, leases, financial instruments,provisions, capitalization vs expense, etc.).
- Create and maintain accounting position papers/memos and decision logs for complex areas.3) Balance Sheet &
- P&L; Review, Monitoring and Insights• Perform periodic Balance Sheet substantiation and analytical review (recons quality, ageing,unusual movements, clean-up actions).
- Review P&L; variance analysis, and accrual accuracy;4) Recent Standards / Regulatory Rollouts &
- Change Management• Support finance leadership in regulatory and accounting standard rollouts: impact assessment, gapanalysis, implementation plan, controls updates, and training.
- Coordinate cross-functional adoption (tax, treasury, FP&A;, legal, operations, systems).5) Audit &
- Compliance Support• Lead/coordinate responses for statutory audit, internal audit, SOX/IFC (as applicable), includingschedules, walkthroughs, evidence, and issue remediation.
- Ensure timely closure of audit observations and maintain a robust compliance calendar.6) Day-to-Day Accounting Advisory (“Share Expertise”)• Serve as an escalation point for day-to-day accounting queries from business, shared services, andother finance teams.
- Coach team members and stakeholders through knowledge sharing sessions, clear documentation,and practical guidance.Required Qualifications• Chartered Accountant• 3–5 years (adjustable) experience in financial accounting / audit / technical accounting / sharedservices governance.
Job ID 522729 Posted since 16-Sep-2026 Organization Siemens Energy Field of work Finance Company SIEMENS ENERGY INDIA LIMITED Experience level Experienced Professional Job type Full-time Work mode Office/Site only Employment type Permanent Location(s)
- Mumbai - Maharashtra - India
📌 Manager - Financial accounting and governance (Mumbai)
🏢 Siemens
📍 Mumbai