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 Summary
We are looking for an experienced accounting professional to drive robust accounting processes, ensure
compliance with accounting guidelines, and lead Balance Sheet and P&L review/monitoring. This role will
also support implementation of new accounting standards and regulatory changes, provide audit
support, and act as a go-to advisor for day-to-day accounting matters, sharing expertise with stakeholders
and driving continuous improvement.
Key Responsibilities
1) 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 with
finance transformation/IT.
2) Accounting Guidelines & Technical Accounting Support
- Ensure accounting treatments align with applicable accounting standards (e.g., Ind AS/IFRS as
relevant) 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) New Standards / Regulatory Rollouts & Change Management
- Support finance leadership in regulatory and accounting standard rollouts: impact assessment, gap
analysis, 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), including
schedules, 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, and
other finance teams.
- Coach team members and stakeholders through knowledge sharing sessions, clear documentation,
and practical guidance.
Required Qualifications
- Chartered Accountant
- 5–7 years (adjustable) experience in financial accounting / audit / technical accounting / shared
services governance.
