Siemens

Financial Analyst

Siemens$70K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Business Administration, or related field
  • Professional certification (e.g., CPA, ACCA, CIMA) preferred
  • 3+ years of experience in finance, controlling, or commercial finance roles
  • Strong knowledge of financial analysis, margin management, and cost control
  • Solid understanding of contract terms
  • Proficiency in SAP and advanced Excel; familiarity with Power BI or AI-driven analytics is an asset

Responsibilities

  • Act as key finance partner to ensure commercial excellence and profitability
  • Monitor order backlog for timely revenue recognition
  • Deliver regular and ad hoc reporting related to financial performance
  • Support forecasting, budgeting, and financial planning for the EA organization
  • Partner with Project Manager and Credit teams for overdue account management
  • Facilitate monthly closing, reporting, and financial reviews
  • Support audits and internal reviews regarding project commercial performance

Benefits

  • Annual discretionary bonus of up to 10% based on company performance
  • Compliance with Siemens' comprehensive financial policies and governance standards
  • Access to industry-standard systems like SAP and tools for data analysis
  • Opportunities for continuous improvement in commercial processes
  • Professional development through exposure to project-based environments
  • Engagement with senior finance leadership across the Siemens organization
Full Job Description
What will you do?

As a Financial Analyst, you will act as a key finance partner to SI EA organization, ensuring commercial excellence, profitability, and risk control across all customer transactions for the SI EA business.

You will be responsible for business analysis, asset management and Commercial project management, while ensuring full compliance with Siemens' financial policies, internal controls, and governance standards.

Financial Analysis
  • Monitor order backlog to ensure timely revenue recognition
  • Deliver regular and ad hoc reporting
  • Support forecasting, budgeting, and financial planning for the EA organization
  • Coordinate with Project Manager to ensure timely execution aligned with customer requirements
  • Partner with Project Manager and Credit teams to manage overdue accounts and collection performance
  • Support monthly closing, reporting, and financial reviews
  • Ensure compliance with Siemens Financial Reporting Guidelines (IFRS), internal controls, and governance standards
  • Maintain accuracy and transparency of financial data in SAP and reporting systems
  • Perform P&L and Balance Sheet analysis
  • Support audits and internal reviews related to project commercial performance.

Commercial Project Support (CPM)
  • Support assigned projects from a commercial and financial perspective, acting as a finance partner to Project Managers
  • Perform project financial planning, cost tracking, and profitability analysis (including revenue, margin, and cash flow)
  • Develop and maintain Project forecasts, cost-to-complete analyses, and financial reporting in collaboration with Project Managers and Finance.
  • Monitor project performance versus plan, highlighting risks and opportunities and proposing mitigation actions.
  • Ensure accuracy and transparency of project financials in SAP and reporting systems
  • Support change order pricing, contract reviews, and claim-related financial assessments
  • Contribute to project reviews and reporting, ensuring alignment with Siemens financial guidelines and governance
  • Drive continuous improvement in commercial processes, tools, and best practices across the Electrification & Automation portfolio.

What will you need to succeed?
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field
  • Professional certification (e.g., CPA, ACCA, CIMA) is preferred
  • 3+ years of experience in finance, controlling, or commercial finance roles
  • Strong knowledge of financial analysis, margin management, and cost control
  • Experience in industrial and/or project-based environments is an advantage
  • Solid understanding of contract terms
  • Proficiency in SAP and advanced Excel; familiarity with Power BI or AI-driven analytics is an asset

[Salary is commensurate with experience, and ranges between $ 70,000.00 CAD - $ 100,000.00 CAD, excluding bonus and benefits. In addition to base salary, this role includes eligibility for an annual discretionary bonus of up to 10% of base salary, based on Company performance metrics.]

About Siemens

Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad. The principal divisions of the company are Industry, Energy, Healthcare, and Infrastructure & Cities, which represent the main activities of the company. The company is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the company's total sales, is its second-most profitable unit, after the industrial automation division. The company is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 385,000 people worldwide and reported global revenue of around €87 billion in 2019 according to its earnings release.
Learn more about Siemens
Size
305,000 employees
Industry
Founded
1847
NASDAQ

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