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We are on the journey of forming the new motors and large drives company Innomotics and are therefore looking for a Senior Accountant to join our team at Innomotics.
Launch of our new company Innomotics
We are on the exciting journey of forming a new leading motors and large drives company –Innomotics. Under this name, Siemens is combining its business activities in the areas of low- to high-voltage motors, geared motors, medium-voltage converters, and motor spindles. Headquartered in Nuremberg, Germany, our company will employ ~ 14,000 employees worldwide and operate in almost 50 countries. Motors and electric drive systems are our new company’s business and passion: We count on 150 years of experience in motor manufacturing and our portfolio includes an innovative solutions and digitalization portfolio as well as a broad range of service offerings. Innomotics embodies our vision, values and commitment to innovation and excellence in everything we do: reliable motion in a digital world.
Do you want to shape the future of Innomotics with us?
We are looking for a self-starter with a digital, innovative and growth mindset who is ready to actively drive and shape our future company’s culture. We offer an environment full of opportunities to take on responsibility and to develop both personally and professionally. We value the diversity of our people because we know that innovation thrives when it is fueled by a variety of perspectives, skills, backgrounds, and experiences. For us, nobody is perfect, but a team can be. #TeamInnomotics.
Position Overview:
The Senior Accountant has ownership of month end close, including journals, reconciliations, reporting, as well as identifying issues and proposing solutions, standardizing processes, and procedures with an efficiency demeanor. Strong analysis and interpersonal skills will make you a valued member of this team, supporting a growing business. This role will report directly to the Regional Head of Accounting and is hybrid/remote.
Responsibilities:
Support the HoA of Innomotics Americas with the application and implementation of approved accounting policies in line with respective legal/regulatory requirements (i.e., IFRS) and Siemens Financial Reporting Guideline (i.e., FRGs).- Support the HoA Innomotics Americas with compliance with accounting, tax, treasury, and regulations.
- Prepare, coordinate, and assist in annual statutory and group financial statements and footnote disclosures for its major entities.
- Review and approve financial statement impacting postings (manual journal entries) and balance sheet account reconciliations.
- Perform various analytical procedures to identify and resolve risks to the financial statements.
- Continuously strive for process efficiency while maintaining or increasing quality through automation and continuous process improvements.
- Assist in assessing and implementing reporting system changes as required due to global or local changes in regulations or operational improvements.
- Support that the entity’s internal controls are in place and that testing is completed and documented, aligns with regulations, collaborates with internal and external auditors.
- Collaborate effectively with internal (e.g., GBS, CF Rs, Headquarter, Tax, Segments) and external partners (e.g., external auditors).
- Conduct research and analysis on accounting treatment (i.e., revenue recognition, leases, etc.) to offer insight on financial statements.
- Complete ad-hoc financial reporting and analysis, as well as special projects.
- Other duties as assigned.
Required Knowledge/Skills, Education, and Experience
BS/BA in finance / accounting or related discipline, or advanced degree, where required, or equivalent combination of education and experience.- 5+ years of experience in a complex corporate accounting environment with a strong understanding and use of IFRS or local GAAP accounting principles.
- Previous experience in addressing and resolving non-routine and complex technical issues to timely and satisfactory conclusions, including working with management.
- Ability to scope, assess, and implement new technologies to automate or digitalize legacy processes.
- Prior track record in change management and continuous process improvements.
- Proficiency in large ERP systems (i.e., Oracle, SAP, etc.) and MS365 applications.
- Strong appreciation for the importance of ensuring accuracy in all levels of financial reporting.
- Ability to prioritize tasks, adapt to change, communicate expectations, adhere to deadlines while managing multiple projects simultaneously.
- Results-driven and detail-oriented with a high degree of attention to detail.
- Passion for continued self-development through continuous learning and training efforts
- Self-driven, achieve goals, and work independently as well as collaborate in teams or functional groups.
- This position may need <5% travel; work location and setup are flexible.
- Bilingual preferred (English and Spanish).
- CPA or CPA designation is preferred.
What we offer you
At Innomotics, we are committed to an ownership culture, in which every employee takes personal responsibility for our company’s success. We apply lean principles and seek to continually improve our processes and customers’ experience.
Who designs your future? You do.
Make your mark in our exciting world. Join #TeamInnomotics.
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