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Siemens India

Siemens India | Sr. Process Associate - Finance & Procurement Services

Bangalore, Karnataka, India · Graduate from Commerce, Finance, Accounting, Business Administration or related discipline.

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Job Highlights

Responsibilities

  • Execute day-to-day FEMA / Trade Finance activities, including EDPMS and IDPMS-related monitoring and closure activities.
  • Ensure timely and accurate processing in line with applicable FEMA and RBI guidelines.
  • Perform reconciliations, ageing reviews and follow-up of open items.
  • Coordinate with Banks, Business, Finance, EXIM and other stakeholders for timely closure of operational topics.
  • Maintain process documentation, trackers and compliance records.
  • Support reporting, audits, process improvements and automation initiatives.
  • Work effectively with SAP, MS Office applications and Microsoft Teams.
  • Escalate exceptions and critical open items in a timely manner.

Requirements

  • Basic understanding of FEMA regulations and latest RBI guidelines.
  • Working knowledge of SAP and MS Office, especially Excel and PowerPoint.
  • Good analytical, communication and stakeholder coordination skills.
  • Ability to work independently as well as within a team.
  • 2years–3 years of relevant experience in Finance Operations, FEMA, Trade Finance, EXIM or Banking Operations.

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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