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Financial Analyst (Accounting & Reporting): Siemens

Job ID82566
Company NameSiemens
Job CategoryAccounting/Finance
LocationIselin, NJ
Position TypeFull-Time, Employee
Experience10-15 Years Experience
Desired Education LevelBachelor's degree
Date PostedOctober 18, 2009

Siemens

Company Description

Siemens AG is a global powerhouse in electronics and electrical engineering, and operates in the industry, energy and healthcare sectors. For more than 160 years, Siemens has built a reputation for leading-edge innovation and the quality of its products, services and solutions. With 428,000 employees in 190 countries, Siemens reported worldwide sales of $116.6 billion in fiscal 2008. With its U.S. corporate headquarters in New York City, Siemens in the USA reported sales of $22.4 billion and employs approximately 69,000 people throughout all 50 states and Puerto Rico. For more information on Siemens in the United States, visit www.usa.siemens.com.

Job Description
Financial Analyst (Accounting & Reporting)

Function:
>Prepare the financial consolidation of Siemens US businesses under IFRS.
>Provide Corporate level governance and service to Siemens Operating Companies (SOC's) in support of Siemens world-wide financial reporting processes.

Scope:
>Primarily US companies but also includes certain Non-US subsidiaries obtained through acquisition activities.

Level of Contacts:
>Contacts within Siemens include:
- Vice President, Controller
- Counterparts in Siemens AG Headquarters
- Director/Manager level personnel in Accounting & Reporting
- Financial Management and staff at Operating Companies
>External Contacts include:
- Independent Auditors
- Actuarial/valuation Firms
- Sarbanes Oxley Consultants
> Reports to the Director of Financial Excellence.

Job Responsibilities:
>Identify and drive finance process efficiencies that improve accuracy, quality and timeliness.
>Review and support SOC's in submitting monthly and quarterly, actual / budgeted financial results into SAP based company reporting systems.
>Coordinate resolution of reporting systems issues as directed by Siemens regional IT Competency Center.
>Provide SOC's with technical accounting guidance on specific transactional issues (e.g. mergers/transfers of accounting entities or subsidiaries)
>Lead team effort to research, document, and communicate significant US transactions to Company's external auditors
>Assist SOC's with mergers, acquisitions & divestitures of businesses. Activities may include: technical research, due diligence, opening balance sheet review and financial integration.
>Lead Team in preparing quarterly analyses of key consolidation accounts.
>Sarbanes Oxley process documentation,

Knowledge:
>Knowledge of business combinations and associated reporting issues
>Proficiency in researching technical accounting topics
>Strong personal computer skills and experience with financial reporting software

Requirements:
>BS/BA with major in Accounting, required
>CPA preferred
>10+ years of significant accounting experience in the public accounting and the private sectors.
>Supervisory experience over monthly closing activities and demonstrated ability to lead a project team
>Knowledge of SAP financial systems a plus.
>Self-motivated, creative, decisive, and able to work under pressure with sound judgment in a fast paced environment.
>Attention to detail with excellent organization, oral communication and written communication skills.
>Ability to handle multiple projects or tasks while effectively prioritizing to meet deadlines in an ever changing fast paced environment.
>Travel under 5% primarily in US

Capabilities:
>Take initiative in defining and solving issues,
>Have ability to analyze issues while recognizing time constraints,
>Positive, constructive and service oriented in approach to internal and external contacts.



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