Job Description

Siemens Energy India Limited (SEIL) is focused on being the most-valued energy technology company supporting customers in transitioning to a more sustainable world. SEIL has solutions across the entire energy value chain - from power and heat generation, transmission to storage through a portfolio that includes conventional and renewable energy technology such as gas and steam turbines, hybrid power plants operated with hydrogen as well as power generators and transformers. More information is available at www.siemens-energy-india.com
Project Financial Execution & Controlling:

• Manage all commercial and financial aspects of assigned projects.

• Ensure accurate and timely recording of project financials in SAP in compliance to Siemens Financial Reporting Guidelines and local GAAP.

• Monitor and control project costs, revenues, and profitability.

• Support monthly and quarterly performance reviews with financial insights and variance analysis.

• Monitor and optimize project cash flow, including forecasting and planning.

• Manage receivables and follow up on outstanding debtors to ensure timely collections.

• Ensure adherence to internal and external compliance requirements, including EXIM and site-specific regulations.

• Support audits and internal reviews with complete and accurate documentation.

Stakeholder Collaboration:

• Partner with Project Managers in identifying, evaluating and assessing risk and opportunities, strategies and response activities - taking over the full responsibility in this regard with respect to all commercial risks and opportunities

• Communicate effectively with customer commercial teams to resolve financial and contractual issues.

• Support contract setup, claim management, and risk/opportunity evaluation.

• Assist in evaluating and onboarding subcontractors and partners.

Skills Required:

• Chartered Accountant with an experience in commercial project management or project controlling (5-8 Years), preferably in an industrial environment.

• Strong proficiency in SAP and MS Office tools.

• Solid understanding of financial reporting standards, project accounting, and performance controlling.

• Excellent communication, negotiation, and stakeholder management skills.

• Analytical mindset with attention to detail and problem-solving ability.

SEIL has already played a key role in some of India's most significant energy projects, including the country's first high-voltage direct current (HVDC) link using voltage-sourced converter (VSC) technology. The Company recently celebrated the completion of its 1,700th steam turbine at its Vadodara factory, since inception.
As India pursues its ambitious goal of achieving net-zero emissions by 2070, SEIL is helping to drive this transformation. The Company supports the integration of renewable energy, modernization of the national grid, and decarbonization of key industries. As part of the government's "Make in India" initiative, SEIL is making significant investments in India in expanding its local manufacturing footprint, including an investment of INR 4.60 billion in its Kalwa Transformers facility. In addition, SEIL has launched a Competency Hub to foster innovation in energy technologies and position India as a global innovation leader.

Skills Required