Hello Visionary!

We empower our people to stay resilient and relevant in a constantly changing world. We’re looking for people who are always searching for creative ways to grow and learn. People who want to make a real impact, now and in the future. Does that sound like you? Then it seems like you’d make a great addition to our vibrant international team.

We provide a variety of competitive, innovative, and reliable Record-to-Report services from maintaining financial records to financial closing and reporting.

We process, compile, and deliver relevant financial information covering Accounting & Closing, Commercial, Tax and Master Data Services. We deliver maximum value to the business by driving Record-to-Report optimization and digitalization using our entrepreneurial approach. We also support our customers’ current and future business requirements with the help of our high level of process and automation competency.

You’ll make a difference by :

- The Senior Manager - Commercial will be responsible for driving robust financial governance and commercial excellence at the Waluj manufacturing facility. The role will ensure transparency, compliance, and efficiency across factory accounting, payables, inventory, fixed assets, and reporting, while actively leading digitalization initiatives and fostering a culture of ownership, integrity, and continuous improvement aligned with Siemens values.

- Factory Accounting and Cost Control - Lead factory accounting, including product costing, overhead allocation, and monthly financial closing

- Ensure accurate, timely reporting and detailed variance analysis

- Drive cost optimization and productivity improvement initiatives in alignment with plant objectives





- Payables Management and Controls - Oversee invoice verification and bill passing aligned with PO/GRN and contractual terms

- Ensure timely vendor payments while adhering to Siemens compliance frameworks

- Strengthening internal controls to improve payable efficiency and accuracy

- Warehouse and Inventory Governance - Ensure efficient warehouse operations covering receipt, storage, and dispatch

- Maintain high levels of inventory accuracy in SAP

- Monitor slow-moving and obsolete stock and drive corrective actions

- Stock Verification and Internal Controls - Lead periodic physical inventory verification and reconciliation

- Investigate discrepancies and implement corrective/preventive measures

- Strengthening controls to minimize shrinkage and improve inventory reliability

- Governance, Compliance, and Audit - Ensure compliance with statutory regulations (including GST) and Siemens internal policies

- Support internal, statutory, and corporate audits and ensure timely closure of observations

- Promote a strong culture of integrity, transparency, and compliance

- Provisioning and Financial Discipline - Ensure accurate provisioning and accruals in line with accounting standards

- Support budgeting and forecasting processes

- Maintain completeness and accuracy of financial liabilities

- Fixed Asset Management - Manage capitalization, asset accounting, and depreciation

- Ensure periodic physical verification and proper asset tracking





- Monitor capital expenditure against approved budgets Digitalization and Process Excellence (Key Initiative) :

- Lead digital transformation across commercial and finance processes

- Leverage SAP for standardization, automation, and controls

- Develop dashboards and insights using Power BI for data-driven decision-making

- Utilize advanced MS Office tools (Excel, PowerPoint) for reporting and analytics

- Identify opportunities for automation, process simplification, and efficiency improvements

- Foster a data-driven culture across plant operations

- EHS (Workplace, Health & Safety) Responsibility - Ensure adherence to Siemens EHS guidelines and policies

- Promote a safe and compliant workplace

- Support sustainability and environmentally responsible practices within plant operations

- Key Success Metrics - Timely and accurate financial closure

- Inventory accuracy and control effectiveness

- Efficient payable management and compliance adherence

- Audit observations and closure timelines

- Cost optimization and productivity improvements

- Successful implementation of digitalization initiatives

Your success is grounded in :

- CA / CMA

- 10-15 years of experience in manufacturing finance / plant commercial roles

- Experience in multinational environment preferred

- Strong hands-on experience in SAP (FI/MM modules preferred) :

- Advanced proficiency in MS Office (Excel, PowerPoint) :

- Experience in Power BI / data analytics tools :

- Strong foundation in costing, inventory, and financial controls

- Knowledge of statutory compliance and audit

- Ownership Mindset : Drives accountability and takes end-to-end responsibility for outcomes

- Integrity & Compliance : Demonstrates highest standards of ethics and complia

📌 Manager - Finance & Procurement Services (Mumbai)
🏢 Siemens
📍 Mumbai