Accounting Professional

Company: Siemens Energy
Location: Houston
Posted on: August 7, 2022

Job Description:

A Snapshot of Your DayThe Accounting Professional is responsible for maintaining accurate, complete, and timely accounting records in compliance with the company's financial reporting guidelines, internal control guidelines, and applicable accounting standards.This includes period-end closing procedures, reconciling account balances and transactions, preparing financial reports and supplementary schedules, and fulfilling audit requests.The incumbent collaborates within and across functional organizations to build a cost-conscious culture via effective monitoring of financial variances and timely corrective action.How You'll Make an Impact

• Period-end closing of accounting books
• Prepare calculations and journal entries for period-end accruals, provisions, and valuation allowances
• Prepare supporting documentation and journal entries for various reclassifications and adjustments
• Monitor weekly SAP background process error logs and follow up with various teams (e.g., Project Controlling, Cost Controlling, Supply Chain Management, and Shared Services) for corrections
• Review aged or unusual GR/IR balances and follow up with various teams for corrections
• Review SAP material master data for inconsistent inventory classification and follow up with Product Lifecycle Management team for corrections
• Create and maintain internal projects and internal orders in SAP for cost tracking
• Ensure accurate and complete costing and settlement of internal projects and internal orders to corresponding cost centers
• Compile and distribute monthly financial reports and supplemental schedules
• Prepare monthly balance sheet reconciliations
• Analyze financial variances for errors and proposing corrective action
• Assist with monthly regional headquarter cost center expense review and forecasting
• Prepare quarterly balance sheet review packages
• Prepare supporting schedules and compile supporting documents for internal and external audits
• Assist with SAP system fixes and testing
• Collaborate on special projects and ad hoc requests for management and other business functions e.g., Group Accounting & Controlling, Group Tax, and Risk and Internal Control -What You Bring -
• Minimum Bachelor's degree in Accounting or Finance; CPA qualification preferred
• Minimum three years GL accounting experience; Project accounting experience is an added advantage
• Strong technical accounting knowledge (US GAAP; IFRS is an added advantage)
• Knowledge of SAP enterprise resource planning (ERP) or similar software (FI, CO, MM, PS, and SD modules)
• Advanced proficiency with Microsoft Office applications, especially Excel
• Produces accurate and reliable work within tight deadlines
• Attention to detail and well organized
• Must be able to work extended hours during peak periods
• Excellent communication, interpersonal, and teamwork skills
• Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization. Siemens Energy employees with current visa sponsorship may be eligible for internal transfers.
• As a federal contractor, Siemens Energy continues to monitor federal and state legal guidelines regarding the COVID-19 vaccine mandate. -Siemens Energy is pausing its mandatory vaccine policy while the issue is addressed by the courts. SEI will monitor the situation closely and may reimplement its policy if required to comply with federal law. -Should the vaccine policy be reimplemented, this position requires employees to be fully vaccinated against COVID-19 unless they are granted a medical or religious accommodation. - -About the TeamIn our -Business Unit Industrial Applications, -we offer comprehensive digital portfolio solutions in the oil and gas sector and other process industries comprising rotating equipment, electrification, and solutions for Subsea business. -What's it like to work at Siemens Energy? -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 Commitment to DiversityLucky 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
• Career growth and development opportunities
• Supportive work culture
• Company paid Health and wellness benefits
• Paid Time Off and paid holidays
• 401K savings plan with company match
• Family building benefits
• Parental leave - -https://jobs.siemens-energy.com/jobs

Keywords: Siemens Energy, Houston , Accounting Professional, Accounting, Auditing , Houston, Texas