Senior Manager - Accounting Financial Statements

We are looking for a Senior Manager – Accounting Financial Statements our team at Innomotics – A Siemens Business.

Your change engine.

Motors and drives are our business, redefining performance from fossil combustion to intelligent converters, from check-time per day to uptime per lifecycle, from simply on/off to everything smart in between. Our most powerful engine: more than 15,000 dedicated experts, doers, and colleagues. For them, engineering the future means keeping businesses in motion – in e-motion. We are the “we” in power – and we can empower you.
15,000 and counting.

Are you looking for the stability of an established global player with the lean, innovative spirit of a mid-size hidden champion? That’s us! Are you looking to shape entire industries with a future-proof portfolio of more sustainable, energy-efficient solutions? Deal, let’s go!

Change the future with us - Areas of Responsibility

• Financial Reporting: Prepare accurate and timely financial statements, including the balance sheet, income statement, and cash flow statement, in accordance with relevant accounting standards (e.g., GAAP, IFRS).
• General Ledger Management: Maintain the integrity of the general ledger by recording and reconciling financial transactions, ensuring accuracy and completeness.
• Month-end and Year-end Close: Oversee the month-end and year-end closing processes, including adjusting journal entries, accruals, and reconciliations, to facilitate the timely and accurate preparation of financial statements.
• External Audit Support: Coordinate with external auditors during financial audits, providing necessary documentation and explanations, and addressing audit inquiries to ensure compliance and transparency.
• Internal Controls: Establish and maintain internal controls to safeguard company assets, prevent fraud, and ensure the accuracy and reliability of financial reporting.
• Financial Analysis: Analyze financial data and performance metrics to identify trends, variances, and areas for improvement, providing insights and recommendations to management for informed decision-making.
• Budgeting and Forecasting: Assist in the budgeting and forecasting process by providing financial information and insights to support the development of budgets, forecasts, and financial plans.
• Compliance: Ensure compliance with financial regulations, accounting standards, and company policies, staying abreast of changes in regulations and standards and implementing necessary adjustments.
• Process Improvement: Continuously evaluate accounting processes and procedures to identify inefficiencies and opportunities for improvement, implementing enhancements to increase efficiency and accuracy.
• Team Leadership: Supervise and mentor accounting staff, providing guidance, training, and support to ensure their professional development and the effective performance of accounting functions.
• ERP System & Nexus System Configuration: Take an active role in configuring our ERP system to ensure it meets the evolving needs of our accounting processes. This includes:
  • Collaborating with IT and other relevant departments to customize ERP modules.
  • Implementing necessary updates and modifications to optimize system performance.
  • Ensuring compliance with accounting standards and internal controls within the ERP environment.
• Data Migration: Lead and coordinate all activities related to data migration within the ERP system. This involves:
  • Developing migration strategies and plans to ensure a seamless transition of data.
  • Performing data validation and reconciliation to guarantee accuracy and integrity post-migration.
• Reorganization Activities: Play a key role in any organizational changes that impact accounting processes within the ERP system. This may include:
  • Adjusting chart of accounts, cost centers, or other financial structures as necessary.
  • Updating workflows and approval processes to align with reorganized business units or departments.
  • Communicating changes effectively to stakeholders and providing necessary guidance and support during the transition period.

Overall, the person responsible for accounting financial statements plays a crucial role in ensuring the accuracy, integrity, and compliance of financial reporting processes, providing essential financial information and insights to support decision-making and drive business success.

Make your mark in our exciting world. #JoinReliableMotion #TeamInnomotics

As an equal opportunity employer, we are happy to consider applications from individuals with disabilities.

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