Business Unit: Accounting and Controlling
Requisition Number: 225705
Primary Location: United States-Pennsylvania-Malvern
Assignment Category: Full-time regular
Experience Level: Senior level
Education Required Level: Bachelor's Degree
Travel Required: No
Siemens is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. As a global technology company, Siemens is rigorously leveraging the advantages that this setup provides. To tap business opportunities in both new and established markets, the Company is organized in nine Divisions: Power and Gas, Wind Power and Renewables, Energy Management, Building Technologies, Mobility, Digital Factory, Process Industries and Drives, Healthineers and Financial Services.
With 45,000 employees Siemens Healthineers is one of the world’s largest suppliers of technology to the healthcare industry and a leader in medical imaging, laboratory diagnostics and healthcare IT. All supported by a comprehensive portfolio of clinical consulting, training, and services available across the globe and tailored to customers’ needs. So that more people can have a life that is longer, richer, and more filled with happiness.
For more information, please visit: http://www.usa.siemens.com/healthineers
Organize the monthly and quarterly close process for the Lease Team under extremely tight dead-lines. Lead the team to achieve timely and accurate completion of assigned month-end close responsibilities. Review, post and track completion of all journal entries for Leasing. Run and distribute system pre-close and month end reports and checks. Communicate with SAS on status of close process. Prepare complex monthly and quarterly account reconciliations and analysis for various contract types. Review all account reconciliations prepared by the team as part of the close process to ensure completeness, accuracy and the reasonableness of any reconciling items. Organize and sign off on all account reconciliations for Assurenet Account reconciliation system. Prepare monthly narrative on account changes for all Lease related accounts. Prepare quarter end Lease disclosures.
Identify changes to process or new requirements. Determine the handling and train designated member of the Lease Team to handle the change. Document changes and unusual situations.
Ensure revenue is recognized quarterly for passed compliance end date and over compliant contracts.
Subject matter expert on accounting in SAP Contract Lease System. Work with Business Operations and IT on system changes and testing. Research and resolve potential discrepancies between the general ledger and contract leasing system, or other ledgers, as necessary. Train Team members to recognize research and resolve reconciling items. Support Business on CLM topics.
Maintain SOX and Process documents for all Lease related accounts. Address auditors requests.
Perform special Analyses/ projects, as needed.
BS in Accounting (CPA is a plus)
Financial industry experience with loans or leases from the lessor perspective 5 to 10 years of accounting experience with a record of increasing levels of responsibility
Ability to communicate clearly (oral and written)
Excellent Microsoft Excel skills: VLOOKUP, pivot tables, large spreadsheet management
High level of critical thinking and attention to detail.
Ability to research relevant accounting literature and recommend to manager the application of such guidance to applicable business transactions.
Ability to advance and grow within the Company
Working knowledge of SAP general ledger/financial reporting system.