Hello Visionary!
We provide extensive high-quality and cost-efficient Finance & Procurement services from purchasing to the processing of outgoing payments, Cash allocation, Fixed Assets accounting, Accounts reconciliation and Closing & Reporting. We work with a strongly integrated system and a highly automated processing environment and digital workforce.
Our customers receive innovative, easy-to-use services. We deliver maximum value to the business by driving process optimization and digitalization using our ambitious approach, and we support our customers’ current and future business requirements with the help of our high level of process and automation competency.
The candidate will be responsible for handling and supervising end-to-end accounts payable and payment processing operations for global entities. The role involves leading a team, ensuring timely and accurate processing of invoices and payments, and meeting defined KPIs and SLAs. The position focuses on driving operational efficiency, maintaining compliance (including FEMA and audit requirements), and ensuring high standards of process accuracy.
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Perform route cause analysis for issues and ensure necessary controls are added to avoid recurrence
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Process is complex involving FEMA compliance – Need to ensure the pending FEMA invoices are tracked and cleared timely.
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You will be communicating and clarifying issues with commercials responsible
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You will monitor volumes and queries from business ensure team achieve the set SLA
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You will support both internal and external auditors.
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Maintain escalation log and report incidents to supervisor as and when it occurs
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Timely review and updating of SOP
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Supervise Audit finding and drive initiatives to have 100% accuracy
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Ensure recurring growth talks to reporters and have the same documented
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Supervise daily huddle, attendance and leave trackers
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Perform ageing analysis every month to analyze POT percentage and drive discussions with parties responsible for the delay
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Monitor training hours and ensure team completes all required training
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Monitoring all emails received to generic box is actioned within 48 hours
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Represent team process updates in weekly/Monthly Scheduled calls
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Participating in and bringing in process improvements
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Front end in business calls
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You will be leading team supporting India region as Deputy Manager
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You will be supervising approx. 12 FTE performing Booking and payment activity for Siemens entities across world.
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Knowing ICC and FEMA process is added advantage.
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You will be accountable to ensure all daily KPI are Met
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You should be aware of payment process cycle end to end
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Need to ensure all Payments are processed on timely manner
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You will need to perform data analysis and share the outcome with supervisor on monthly basis
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Ensure payment accuracy is 100%
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Monitor timely allocation and clearing of payments
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You are required to come to office/work location. Currently its hybrid model
Join us and be yourself!
This role is based in Bangalore, where you’ll get the chance to work with teams impacting entire cities, countries – and the shape of things to come.
We’re Siemens. A collection of over 312,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and We encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us shape tomorrow.
