Siemens
Website:
siemens.com
Job details:
Job ID
505809
Posted since
23-May-2026
Organization
Smart Infrastructure
Field of work
Finance
Company
Siemens Limited
Experience level
Experienced Professional
Job type
Full-time
Work mode
Office/Site only
Employment type
Permanent
Location(s)
- Thane - Maharashtra - India
Lead the Finance function for GIS Operations at the Verna, Goa manufacturing facility. As a key member of the business unit leadership team, the role is responsible for driving strong financial governance, operational performance, and strategic decision support for the factory.
Organization & Reporting
- Head a combined Factory Finance and Strategic Procurement organization comprising 3–4 teams with an overall team strength of approximately 14–16 professionals.
- Operate within a matrix organization, with dual reporting to:
oSubsegment Finance Head (Headquarters)
oBusiness Unit Finance Head – India
Key Responsibilities
Business Partnership & Performance Management
- Act as a trusted finance partner to the Factory Head, providing actionable insights on cost transparency, P&L performance, cash flow, and operational efficiency.
- Support business decision-making through high-quality management information and financial analysis.
Planning, Budgeting & Reporting
- Lead end-to-end financial planning activities, including annual budgeting (factory target agreements), rolling forecasts, and performance reviews.
- Monitor financial results against budget and forecasts, proactively highlighting risks and improvement opportunities.
Capex & Investment Governance
Drive development of business cases for capital investments.
- Ensure disciplined tracking, monitoring, and timely reporting of Capex projects, from approval through execution.
Financial Control, Compliance & Governance
- Ensure the integrity and accuracy of financial books and records in accordance with Siemens financial reporting guidelines (IFRS) and internal control requirements.
- Act as a role model for compliance, ensuring strict adherence to Siemens compliance policies and business conduct standards.
Costing, Productivity & Competitiveness
- Ensure robustness and reliability of product costing and configuration tools to enable accurate cost calculation and improved cost competitiveness.
- Drive productivity and cost-improvement initiatives across factories, translating actions into measurable financial impact.
SAP & Systems Leadership
- Provide hands-on leadership for SAP-related finance activities, including maintenance of activity types, hourly rates, product cost sheets, and sales and production order controlling.
- Apply strong functional knowledge across SAP FI, CO, PA, SD, and MM modules.
Cash Flow & Working Capital Management
- Own factory-level cash flow management with a strong focus on working capital optimization, including inventory, payables, and capital expenditure control.
People Leadership & Culture
- Build, motivate, and develop high-performing Finance and Procurement teams.
- Foster a strong performance-driven culture with focus on accountability, continuous improvement, and collaboration.
Work Location
- Role requires full-time, on-site presence at the Verna manufacturing plant, Goa.
Qualifications & Experience
- CA / ICWA / Master’s degree in Accounting or Finance from a reputed institute (preferred).
- Strong knowledge of IFRS and local statutory reporting requirements.
- Familiarity with Siemens reporting systems and environment (preferred).
- 10–12 years of relevant experience, including a minimum of 3 years in people management roles.
- Prior experience as a Factory Controller or Finance Head in a medium to large manufacturing organization; exposure to engineered products is an advantage.
- Proven experience working in multinational, matrix organizations.
- Deep expertise in product costing, ERP systems (SAP), and finance process governance.
- Demonstrated leadership capability with the ability to manage complexity, multiple priorities, and diverse stakeholder expectations.
- Self-driven, collaborative, and effective communicator with strong interpersonal skills.
- International Experience preferred.
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