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Director, Finance & Administration

Job Description

Change the future with us.

We are looking for dedicated and talented people who tackle ever-changing challenges, customer needs, and questions from colleagues with clever concepts and creativity. We embrace change and work with curious minds re-inventing the future of work. Join us and let us focus together on what’s truly important: making lives better with new ideas and the latest technology around the world.

Why you’ll love working for Siemens!

  • Freedom and a healthy work- life balance– Embrace our flexible work environment with flex hours, telecommuting and digital workspaces.
  • Solve the world’s most significant problems – Be part of exciting and innovative projects.
  • Engaging, challenging, and fast evolving, cutting edge technological environment.
  • Opportunities to advance your career and mentorship programs on a local and global scale.
  • Competitive total rewards package.
  • Profit sharing available.
  • Rewarding vacation entitlement with the opportunity to buy and sell your vacation depending on your lifestyle.
  • Contribute to our social responsibility initiatives focused on access to education, access to technology and sustaining communities and make a positive impact on the community.
  • Participate in our celebrations, social events and offsite business events.
  • Opportunities to contribute your innovative ideas and get paid for them!
  • Employee perks and discounts.
  • Diversity and inclusivity focused.

Siemens is proud to be an eight-time award winner of Canada’s Top 100 Employers, Canada’s Greenest Employers 2022, Canada’s Top Employers for Young People 2022 and Greater Toronto's Top Employers 2022.

The Director, Finance & Administration is primarily responsible for the documentation of the commercial lease/loan activities and for managing finance functions of the business in support of Headquarters.

What will you do?

Administer commercial equipment lease and loan documentation, assist with the closing and funding of transactions working closely with sales representatives, customers, and vendors. Support operations teams in the ongoing portfolio management (invoicing, customer service queries) seeking constant improvement of processes and procedures.

As a key contributor to the business strategy, support the Finance team in managing the profitability of the business ensuring compliance with policies and procedures while enhancing and strengthening internal and external financial controls. Facilitate the accurate and timely preparation of reporting forecasts, planning, performance tracking and support general accounting functions.

Administration Responsibilities:

  • Support Siemens Financial Services Commercial Finance Americas Administration & Operations teams in Canada
  • Expedite the preparation of documentation packages for lease and loan transactions. Perform a complete and thorough analysis, verification, and audit of all documentation; ensuring that the documentation files are complete and have been prepared in accordance with approval(s)
  • Practice lean management, support with business and product innovation, embracing digitalization and software supported workflow management
  • Support the booking and funding stages including an understanding of PPSA lien perfection; preparation and filing of PPSA Financing Statements. Secure non-interest letters or subordination agreements, review insurance certificates; and understanding organizational documents and signature requirements
  • Organize, and accurately maintain vendor invoices and payments to vendors, including progress payments, to ensure timely and accurate payment within the parameters of the approval
  • Ensuring KYC Onboarding and Documentation procedures are adhered to
  • Complete the documentation process by reviewing documentation, structure, pricing, and payment procedures prior to delivery of the document package to the funding team
  • Interface with other departments that provide various information regarding lease and loan transactions (sales, credit, asset management, operations, booking, funding, compliance)
  • Possess thorough knowledge and understanding of term loan documentation, lease documentation, guaranties, riders, promissory notes, and other standard transaction documents.
  • Familiarity with equipment finance products and terminology such as TRAC Leases, Finance Leases, FMV Leases, Lease and Discounting from accounting and tax treatment perspective
  • Possess knowledge of lease accounting system for data entry, audit, invoicing and booking
  • Maintain effective process to insure that “follow-up” items are received promptly and timely

Finance Responsibilities:

  • Support Siemens Financial Services Commercial Finance Americas Finance team in Canada.
  • Administration of Service Level Agreements with affiliates
  • Responsible for management reporting measuring the performance of the business including profitability, pricing, volume, funding, and expense control
  • Support the management performance of the Canadian portfolio and ensure compliance with risk management policies and guidelines
  • Responsible for assisting with the production of strategic plans, including, annual and rolling forecasts, expenses, volume forecasts, and funding plans
  • Support general accounting functions and aid in maintaining appropriate controls
  • Identify opportunities and implement recommendations for improving financial and operational controls and procedures
  • Participate in the relationship with federal and provincial tax authorities (filings and payments), ensuring compliance with local statutory, tax and government regulatory requirements
  • Support cash applications, account reconciliations and suspense account management
  • Assist in negotiating and structuring large and/or complex finance transactions for customers and participate in the development of product pricing and services

What will you need to succeed?

  • Degree in Accounting or Finance preferred
  • Master’s degree, MBA and/or CPA designation desired
  • Minimum 7 to 10 years progressive financial management experience in a finance company of comparable size and complexity as Siemens Financial Services Commercial Finance Canada
  • Experience with MS Excel, Tableau, Hyperion, SuperTrump and a Lease Accounting system
  • Demonstrated expertise in establishing and maintaining appropriate accounting and financial controls in financial services organization for capital equipment
  • Experience with PPSA regulations and procedures (including Quebec)
  • A wide range of administration financial, accounting and Tax (Federal & Provincial) knowledge.
  • Financial services experience, particularly leasing, credit underwriting, and portfolio management, as well as extensive general business knowledge including finance, accounting, marketing, sales, and operations
  • Working experience in the international environment is an advantage
  • Ability to work independent and confidently interacting with customers and internal stakeholders.
  • Strong financial management skills including reporting, financial modeling, and planning
  • Effective negotiation and presentation skills with demonstrated expertise in evaluating and recommending business strategies
  • Strong interpersonal and team player skills, including the ability to interact and influence at all levels, both internally and externally
  • Drive for results and ability to work effectively and agile in a cross-functional way
  • Strong people development, leadership, and performance management skills, including the capacity to build a high-performance culture
  • Innovative problem-solving abilities, strong analytical and quantitative abilities, and effective decision-making skills. Knowledge and experience on business intelligence tools is an asset.
  • Bilingual in French is an advantage

About us.

We share our ideas and champion the people behind them.

For over 110 years, Siemens Canada has stood for engineering excellence, innovation, quality and reliability. Active across Canada, the company focuses on intelligent infrastructure for buildings and distributed energy systems and on automation and digitalization in the process and manufacturing industries. Siemens brings together the digital and physical worlds to benefit customers and society. Through Mobility, a leading supplier of intelligent mobility solutions for rail and road transport, Siemens is helping to shape Canada’s passenger rail services. Via its majority stake in the publicly listed company Siemens Healthineers, Siemens is also a leading supplier of medical technology and digital health services. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.

Making a difference together we raised $385,000 towards charitable contributions, support over 38 non-profit organizations and planted 660 trees in our local communities. Siemens Canada has 2,500 employees from coast-to-coast and 24 office and production facilities across Canada. Join our team of approximately 293,000 talented professionals in more than 190 countries/regions and help us tackle the most exciting challenges to build a successful future together. So, what are you waiting for? Take your next career step with us.

To learn more about Siemens Canada, visit our website at www.siemens.ca

While we appreciate all applications we receive, we advise that only candidates under consideration will be contacted.

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Organization: Siemens Financial Services

Company: Siemens Canada Limited

Experience Level: Experienced Professional

Full / Part time: Full-time



Siemens is committed to creating a diverse environment and is proud to be an equal opportunity employer. Upon request, Siemens Canada will provide reasonable accommodation for disabilities to support participation of candidates in all aspects of the recruitment process. All qualified applicants will receive consideration for employment.

By submitting personal information to Siemens Canada Limited or its affiliates, service providers and agents, you consent to our collection, use and disclosure of such information for the purposes described in our Privacy Code available at www.siemens.ca.


Siemens s’engage à créer un environnement diversifié et est fière d’être un employeur souscrivant au principe de l’égalité d’accès à l’emploi. Sur demande, Siemens Canada prendra des mesures d’accommodement raisonnables pour les personnes handicapées, dans le but de soutenir la participation des candidats dans tous les aspects du processus de recrutement. Tous les candidats qualifiés seront pris en considération pour ce poste.

En transmettant des renseignements personnels à Siemens Canada limitée ou à ses sociétés affiliées, à ses fournisseurs de services ou à ses agents, vous nous autorisez à recueillir, à utiliser et à divulguer ces renseignements aux fins prévues dans notre Code de protection de la confidentialité, que vous pouvez consulter au www.siemens.ca.

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