Regional Commercial Manager

1 week ago

Bengaluru, Karnataka, India Siemens Limited Full time
"We at Smart Infrastructure , a trusted partner of Siemens Ltd. is one of the top tier global suppliers of products, systems, solutions, and services for the efficient, reliable, and intelligent transmission and distribution of electrical power. We are also responsible for the development and extension of an efficient and reliable power infrastructure. JOIN US WE MAKE REAL WHAT MATTERS.

THIS IS YOUR ROLE"Position:
Regional Commercial Manager – South Central We are Smart Infrastructure Business at Siemens.

Siemens Smart Infrastructure combines the real and digital worlds across energy systems, buildings and industries, enhancing the way people live and work and significantly improving efficiency and sustainability.

We work together with customers and partners to create an ecosystem that both intuitively responds to the needs of people and helps customers achieve their business goals.

It helps our customers to thrive, communities to progress, and it supports sustainable development to protect our planet for the next generation.

Regional Service and Solutions Business Unit acts as a trusted advisor, reliable partner and service provider to its customers. Siemens offers energy-efficient, safe and secure buildings and related infrastructure. JOIN US WE MAKE REAL WHAT MATTERS.

THIS IS YOUR ROLE.We are looking for dedicated and talented people who tackle ever-changing challenges, customer needs, and questions from colleagues with clever concepts and creativity.

We embrace change and work with curious minds re-inventing the future of work.

Join us and let us focus together on what's truly important:
making lives better with new ideas and the latest technology around the world

Key Areas of Responsibility:
Leading the finance team at the Regional Level with full responsibility of the Regional P&L and Balance Sheet. Work closely with the Regional Head to achieve the assigned business goals and targets.

Ensuring the financials related to RSS activities are booked, recorded, monitored, analyzed and controlled, both with respect to cost and time, including advanced heads up on likely deviations to the budget and targets.

Prepare the budget for the Region after taking into account the overall indicated business targets.
Preparing and analyzing MIS reports to facilitate timely and appropriate action by RSS management and segments/regions. Monthly forecast updates in line with expectation.

Acting as a "trusted partner" to the Regional Manager by maintaining the accuracy of books and records, including recording of such in the appropriate systems.

e.g. SAP - ensures compliance with Siemens-FRG plus the local GAAP requirements. Ensures all related reporting and controlling activities.
Providing necessary support in quarterly audits.

  • Forecasting & Analysis– Monthly forecasting in ESPRIT/SMART alongwith appropriate commentary. Regular P&L analysis to ensure correctness in actual postings.
  • Management reporting – Preparation of presentations for reviews with regional and country management by compiling inputs from various stakeholders.
  • ICFR / RIC - Ensure the implementation of processes according to policies and guidelines through the risks analysis and harmonization of internal controls, ensuring the design and quality of them.
  • Project Controlling / Monitoring – Ensure that the projects being executed are managed with the right cost and committed profitability through regular project reviews and continuous project controlling with a team of Commercial Project Managers. Optimize the project margins, cash flow and assets. Carry knowledge of different project financing instruments. Proactively communicate with customer's commercial representatives to resolving of commercial issues. Drive commercial bid management, Contract & Claim management strategies to maximize the project outcome.
  • Tax Governance – Ensure direct and indirect tax governance as per laid down policies and procedures and applicable laws.
  • Assets / Inventory accounting – Ensure that there are all the asset related matters at Regional level are handled on timely basis. Coordinate for Physical verification of assets on timely basis. Education & Experience
  • Professional commercial knowledge. Minimum Bachelor of Commerce Degree / professional course in management (cost accountancy / chartered accountancy / MBA in finance etc.) is desirable
  • Fluent English spoken skills with internal key stakeholders (Regional BA Colleagues, Legal, Tax. Insurance, accounting, Procurement, local entity management) and external stakeholders
  • Candidate having at least 10-15 years relevant experience are preferred.

Make your mark in our exciting world of SiemensThis role is based in Bangalore where you'll get the chance to work with teams impacting entire cities, countries – craft shape of things to come.

We've got quite a lot to offer. How about you?We're Siemens. A collection of over 377,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and we encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us shape tomorrow.

Find out more about department at:
website department and about Siemens careers at: "WE'VE GOT QUITE A LOT TO OFFER, HOW ABOUT YOU?We're Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and we encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and

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