Siemens India
Siemens India | Process Expert - Finance & Procurement Services (FEMA)
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Job Highlights
Responsibilities
- This role is based in Bangalore, where you’ll get the chance to work with teams impacting entire cities, countries – and the shape of things to come.
- Coordinate with Business to close all the aged cases and ensure zero noncompliance.
- Coordinate and act as a medium between GBS, banks & EXIM.
- Prepare management summary for open cases with reasons and dependency and create action plan for closure.
- Take initiative in driving projects which helps in further streamlining the process via Digitization/elimination of nonvalue adds
Requirements
- Working level knowledge of FEMA regulations.
- Knowledge of IDPMS procedures and practices, making payment submissions to bank for Imports/Services as per FEMA guidelines.
- Knowledge on the timelines to close the Imports transactions from an RBI regulation perspective as well as AD practices
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.
