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Siemens India

Siemens India | Business Administration

Vadodara, Gujarat, India · You are a Bachelors’ in Commerce or Business Management/ICWA/Inter CA/CS/Master of Commerce/MBA with 4 to 8 years of experience

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Job Highlights

Responsibilities

  • The job role primarily involves the pre tendering activities, submission of offers and receivable management.
  • Reviewing and evaluating the customer terms and arranging for relevant internal approvals based on the Limits of Authority (LoA) and, business risk class, Credit Admin process.
  • Ensuring that all the process related compliances are met with respect to offer compilation.
  • Support during tender / offer stage in LoA, Credit Admin approvals, EMD, Bid Bonds etc. along with coordination with corporate departments.
  • Ensuring compliance to the PM@Siemens guidelines.
  • Participate in commercial discussions and actively involved in order acquisition phase analyzing customer’s requirements, examine their commercial and contractual feasibility into an offer.
  • Ensure order booking in line with approved CF, LoA and IFRS guidelines.
  • Drive the review and evaluation of the contract conditions, ensures alignment with Legal.
  • Creation of bank guarantees as per the contract.
  • Identifying the LD and Bad Debts risk. Review quarterly provision / PAS and ensure adequate provisions are available.
  • Providing detailed liquidation plan for debtors and EMD, BGs and Advance.
  • Maintaining monthly collection update for the region.
  • Ensure regular UoV review to ensure clean and executable order reflects in the book.
  • Addressing audit queries whenever required.

Requirements

  • Excellent MS Office (excel and power point) skills.

About the company

Siemens

Siemens is a technology company founded in Berlin in 1847 and headquartered in Munich, Germany. It works across industry, infrastructure, mobility and healthcare, combining automation, electrification and software. Siemens has been present in India since 1867; Siemens Limited, its flagship company in India, is listed on the NSE and BSE, is headquartered in Mumbai and serves customers in digital industries, smart infrastructure and mobility.

Siemens Technology and Services Private Limited runs Siemens' global business services and technology centres in India, including finance and procurement services and controlling and reporting teams in cities such as Thane, Bengaluru and Pune. Finance roles at Siemens in India cover business controlling, financial reporting, accounting and closing, tax, treasury and audit, and suit CA, CMA (ICWA) and MBA (Finance) professionals as well as commerce graduates.

  • Industry: Technology company: industrial automation and software, smart infrastructure for buildings and grids, mobility (rail) and financing
  • Headquarters: Munich, Germany (Siemens AG); in India, Siemens Limited is headquartered in Worli, Mumbai
  • In India: Siemens Limited (listed on the NSE and BSE) and Siemens Technology and Services Private Limited, with offices, factories and global business services centres in cities such as Mumbai, Thane, Bengaluru, Pune and Chennai
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