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Accounting Policy Expert and Business Partner

Job Description

The Accounting Policy Manager/Business Partner is responsible for ensuring compliance with Siemens Financial Reporting Guidelines (based on IFRS accounting principles) within Siemens Financial Services (SFS) Americas.

The individual is an experienced accountant with strong knowledge of accounting principles, with regards to loans, leases and equity investments and strong business affinity. You will facilitate the identification, documentation, and resolution of a broad spectrum of complex accounting decisions. You will also implement changes due to new or amended accounting standards throughout the organization in a timely and diligent manner and analyzes and suggests accounting treatment for new products.

This position will report to the Head of the SFS Americas Company Accounting.

Responsibilities

  • Evaluate existing accounting practices in order to ensure compliance with the Siemens Financial Reporting Guidelines (based on IFRS accounting principles). This includes balance sheet, income statement, cash flow and notes (ADSTAR) disclosure requirements. Draft Accounting memos as necessary.
  • Interact proactively with the business and stay on top of business developments and trends in the market. Being able to connect them with the financial results. Being able to explain non-routine transactions and coordinate their accounting treatment.
  • Be the coordinator between business and accounting principles for new product approvals and non-routine transactions. Review and interpret new products, variations of existing products and non-routine transactions and evaluate technical accounting and reporting treatment in line with Siemens Financial Reporting Guidelines.
  • Act as key accounting resource to evaluate changes to Siemens Financial Reporting Guidelines, evaluate potential impact for SFS Americas and lead implementation.
  • Prepare financial information for the management and present it on a regular basis.
  • Assist in the preparation of the materials for general management reporting and, in particular, the SFS Inc Board Meeting and Americas Business Review Meeting. develop other ad-hoc reports as requested by SFS local management as well as SFS headquarters.
  • Drive automation of information gathering from month end close to presentation of information to the management and external auditor.
  • Facilitate the external and internal audit requests. Provide information and comfort relating to financial reporting and accounting data.

Required Education and Experience

  • Masters or bachelor’s degree with a preferred focus in accounting.
  • 6+ years of experience in either financial services or within a different Siemens entity out of which part should be in accounting and part in controlling/financial analysis (ideally in a role focusing on accounting principles or in an advisory role for standard conversions) 
  • Strong technical accounting knowledge (IFRS or US GAAP) is required
  • Experience in financial services required, ideally in lending, leasing and equity investments
  • CPA preferred
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Organization: Siemens Financial Services

Company: Siemens Financial Services, Inc.

Experience Level: Experienced Professional

Job Type: Full-time



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