Cash & Bank Analyst

Process Ownership

• You will work in a team of domain experts, in which your tasks include clarification of accounting issues, analysis of errors, initiation of any necessary corrections and involvement in process improvement activities or initiatives, if needed with support from the Bank and Cash Senior Analyst.
• You will take ownership of daily Bank and Cash transactions and month-end-closing activities and ensure they are recorded in a timely and accurate manner, in accordance with IFRS and local GAAP quality standards or any other relevant regulations and guidelines.

Collaboration & Teamwork

• You will be expected to collaborate and build strong partnerships with internal and external stakeholders such as regional accounting hubs, local business teams, and other partners within Siemens Energy's global communities.
• Listen actively and continuously focused on stakeholder requests, managing complex and uncertain operational issues, while decisively moving forward in taking ownership of decisions, together with the Bank and Cash Senior Analyst.
• Share best practices with all relevant stakeholders.

Daily Operations, Controls and Process Improvements

As a detail oriented, actively committed and involved Bank and Cash Analyst, you will be responsible for:

• Validating that bank statement imports/uploads automatic and manual are performed in a timely manner and free from error in SAP
• Perform bank accounts reconciliations in a timely manner and that aged items are followed-up on and clarified by following-up with any reasonable party
• Reconcile account balances between SAP and bank interface
• Perform special booking transactions (e.g. overpayments, employees, tax authorities, wage tax etc.)
• Create journals to internal / external Bank Account
• Monitoring of outgoing payments (MOP Process)
• Bank related interim account clearing
• Recording of all cash transactions and follow-up on items to be clarified
• Perform Interim Cash related General Ledger Account Reconciliations
• Investigate and resolve payment rejection
• Perform month end activities related to Cash and Bank
• Ensuring stability in monthly, quarterly, and annual financial closing activities
• Assisting with ad-hoc duties required by management to meet the needs of the business.
• Supporting the Senior and Principal Analysts in preparing internal controls documentation in Bank & Cash accounting.
• Supporting in internal and external audits by providing timely and qualitative information and resolving queries from the auditors (where applicable for the assigned countries/legal entities and tasks)
• Executing and continuously update DTP (Desktop Procedure) documentation for existing and are involved in the creation of DTPs for new processes/variances.
• Contributing and engaging in standardizing and automating our workflows, Bank & Cash processes and our cross-functional processes throughout the company.

Career development

• With your open-mindedness and willingness to learn, by building your skills and capabilities within our organization, you will support the "Bank & Cash Analyst??� team with the tasks at hand.
• Invest in your own career development by regularly seeking and giving honest feedback and embracing a curious mindset in learning and personal development.

People, process and technology

• You will be actively contributing to our company's strategy for building an environment for people, processes and technology, using innovation as a personal growth driver.
• Become more self-directed, build process ownership and find meaning in your work by taking part in process improvement initiatives and cross-functional projects.
• Build strong partnerships to win the trust of our stakeholders through respectful, agile, accountable behavior when interacting with colleagues, customers, partners and Siemens Energy local and global communities.

• Bachelor's degree in Accounting or related field
• Preferably first experiences in the field of Bank & Cash Accounting & Finance Operations
• Basic knowledge of accounting
• Basic knowledge of IFRS accounting is preferable??�
• Good MS-Office skills (especially in MS-Excel)??�??�
• Preferably first basic understanding of business processes in SAP
• Experience in transitions and transformation projects is an advantage
• Willingness to travel for knowledge transfer, training/workshops, if needed
• You are open and communicative in nature as well as fluent English skills complete your profile

About the Team

Accounting Services (AS) is an integral part of the global accounting ecosystem and a CFO function within Siemens Energy (SE). Out of Accounting Service Centers in Americas, Europe, and Asia, AS provides accounting solutions contributing towards SE's vision to energize society.??�

AS is built on (1) people, (2) processes, and (3) technology which all are constantly challenged and developed. Global and diverse networks, domains, and responsibilities offer continuous opportunities to grow personally and professionally.

You will be coordinated operationally by the Team Lead Bank and Cash and further- be reporting to the Accounting Service Center Bank and Cash Function Lead being part of both the local finance community as well as an international network of accounting experts.

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What's it like to work at Siemens Energy? https://bit.ly/3IfnlaR

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 92,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we're also using our technology to help protect people and the environment.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Our Office

Siemens Energy's location in One Cotroceni Park is more than just an office space - it's a hub for a vibrant and thriving community. Nestled in the heart of Bucharest, this urban development is the perfect place to work, surrounded by green spaces, shopping destinations, and everything the city center has to offer. And with the Academia Militara subway station just a 3-minute walk away, getting around the city has never been easier.

Our Commitment to Diversity

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character ??? no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.

Rewards/Benefits

• The opportunity to engage in an exciting environment on challenging projects
• Strong professional support and working with colleagues around the world
• Professional development opportunities within the company
• To be part of a growing function with a dynamic, informal and inspiring working environment in a position that entails a large responsibility
• Your lunch with meal tickets
• Keep your brain fit with our trainings
• Special for books lovers - Bookster
• Stay safe and healthy with our medical subscription
• Think about your future too with Privat Pension Pilon III