Internal Control (Senior) Associate

Siemens; München; On-site; EUR 90,000 - 120,000; Full time

Job summary

Siemens seeks a proactive IC professional to lead GenAI-driven enhancements in IT controls and to shape methodology for ITGC/ITAC in financial and sustainability reporting. You will own the ICS IT controls portion, update manuals, and coach a global IC community while collaborating with external auditors.

A master’s degree and Siemens IT environment experience are highly valued. You will work in a multinational team, driving continuous improvement, analytics, and adoption of digital tools.

Qualifications

• Degree in business administration, information systems, finance, or related field; master’s preferred.
• Strong IC/IT Controls experience with SAP ERP and ITGC/ITAC knowledge.
• Experience applying GenAI to automate controls, risk assessment, and reporting.

Responsibilities

• Drive GenAI-based use cases to transform IC processes, including automated control testing and anomaly detection.
• Shape the design of Siemens' IT controls methodology for financial reporting and sustainability reporting.
• Own IT Controls aspects of the ICS methodology and update guidance and manuals.
• Coach ICT professionals worldwide and serve as the primary contact for IT Controls topics.
• Develop and deliver training and guidance for the global rollout of methodologies and tools.
• Collaborate with the external auditor to ensure compliance and alignment with best practices.
• Engage with the global CF Assurance function and contribute to transformation initiatives.

Skills

GenAI

IT Controls

Internal Control

Cross-functional

Communication (Ger/Eng)

Education

Master's degree in business administration or information systems

Tools

SAP ERP

RPA

Low-code

Job description

About CF Assurance (CF A)

Our mission at Controlling and Finance Assurance (CF A) is to provide objective, factual and independent foresight to help Siemens be excellent and to improve the overall success of the company. As a business partner to Siemens management, we leverage our expertise in a wide range of topics in order to create an impact. We offer an inspiring, diverse and inclusive environment for our people to develop professionally and personally. Our core values – being respectful, curious, humble and open – define how we work together as a department.

About CF Assurance (CF A)

Our mission at Controlling and Finance Assurance (CF A) is to provide objective, factual and independent foresight to help Siemens be excellent and to improve the overall success of the company. As a business partner to Siemens management, we leverage our expertise in a wide range of topics in order to create an impact. We offer an inspiring, diverse and inclusive environment for our people to develop professionally and personally. Our core values – being respectful, curious, humble and open – define how we work together as a department.

To deliver on our vision of being pioneers in assurance and a talent incubator for Siemens, CF A offers a unique Growth and Development Model. We believe in the concept of lifelong learning and encourage our people towards continuous upskilling as a natural part of their career. This is your chance to build your network within the company and become part of a diverse, international and innovative team.

About CF A Internal Control (IC)

CF A Internal Control (IC) is the central governance department for the internal control system at Siemens. We create impact through the definition and continuous improvement of a state-of-the-art internal control methodology and the support of our global internal control community in applying it. In close collaboration with corporate governance owners, we maintain a central repository of globally harmonized control requirements (the ‘Policy and Control Masterbook’) as well as our ‘Risk and Internal Control (RIC) Manual’ as the foundation for the internal control process.

As Siemens transforms into ONE Tech Company, our IC department plays a critical role in ensuring robust Internal Controls across the enterprise, especially over Financial Reporting (ICFR) and Sustainability Reporting (ICSR). We are at the forefront of leveraging innovative technologies – including Generative AI – to enhance control effectiveness, drive automation, and support Siemens' strategic growth levers.

We are looking for a dedicated, results-oriented pioneer who leverages their expertise and inspires others to give their best. You are comfortable challenging established approaches and driving change where it creates value. to become a part of our CF Assurance Internal Control team in Munich or Erlangen.

Accelerate your career and change the world of tomorrow with us.

What You’ll Do:

• Drive Innovation with Generative AI (GenAI): Ideate, design, and implement innovative use cases leveraging GenAI to transform IC processes – covering ideas from automated control testing and risk assessment to intelligent documentation and anomaly detection. You will be a key driver in exploring how GenAI can enhance control effectiveness, efficiency, and insights.
• Shape the Future of Internal Controls Methodology: Be part of the team responsible for the effective yet efficient design of Siemens' Internal Control methodology, especially for IT controls of systems relevant for financial reporting (e.g., ITGC/ITAC) and sustainability reporting.
• Own and Evolve the IC Framework: Take responsibility for the IT Controls part of our Internal Control System (ICS) methodology and update the RIC Manual to reflect new methodological developments, regulatory requirements, and technological advancements.
• Enable and Empower the Global IC Community: Coach ICT professionals throughout the world on all aspects of the internal control system and become the primary contact for IT Controls methodology and emerging topics like platform- and GenAI-driven controls.
• Develop and Deliver Training & Guidance: Create and deliver Internal Control trainings, guidance materials, and presentations to support the global rollout of methodologies and tools, fostering a culture of continuous learning and excellence.
• Collaborate with the External Auditor: Align and discuss Internal Control topics and methodology with the external auditor to ensure compliance and best-practice alignment.
• Keep Management informed: Understand global patterns regarding IT controls of the Siemens Group and evaluate control deficiencies, leveraging data analytics and AI-driven insights where applicable, and be confident to bring relevant topics into management’s view.
• Contribute Beyond IC: Engage with the broader CF Assurance function and expand your experience through assignments as a guest auditor, contributing to the 'CF A innovation process', or supporting cross-functional transformation initiatives.

Your Profile for "Making the Future Possible":

• Strong Academic Foundation: Degree in business administration, information systems, finance, or related studies, ideally a master’s degree.
• Proven IC & IT Controls Expertise: Extensive professional experience in Internal Control (including ICFR) with a focus on IT controls. You understand the role IT systems like SAP ERP play in an ICFR control landscape and how systems enable IT Application Controls (ITACs) and are protected by IT General Controls (ITGCs).
• Passion for Innovation & GenAI: Strong interest and ideally hands-on experience in Generative AI and its application to business processes. You are excited to explore, ideate, and pilot GenAI use cases that drive automation, intelligence, and efficiency in internal controls and risk management.
• Curiosity for other relevant Technologies: Genuine interest in topics like RPA, low-code apps, AI/ML, and their potential benefits and challenges in ICFR and ICSR environments. You stay current with technological trends and are eager to experiment and learn.
• Growth Mindset: You enjoy taking on new challenges and growing with them. You thrive in ambiguity and are comfortable pioneering new approaches.
• International & Intercultural Experience: Work experience in an international business setting and intercultural collaboration is a strong plus, reflecting Siemens' global footprint and diverse teams.
• Adaptability & Results Orientation: You impress with your ability to adapt to a fast-growing, dynamic environment, your focus on results, teamwork, and customer orientation.
• Excellent Communication Skills: Strong communication skills in German and English (written and spoken) to engage effectively with global stakeholders.
• Digital Proficiency: Very good MS Office skills and comfort working with digital tools and platforms. Willingness and ability to quickly learn and adopt new technologies is essential.

Why Join Us?

• Contribute to strategic initiatives around GenAI, digital business, and innovation in the context of internal controls.
• Work at the intersection of governance, technology, and innovation, shaping the future of internal controls in a global technology leader.
• Access to continuous learning and development opportunities, including exposure to cutting-edge technologies like GenAI, and the chance to grow your career across Siemens.
• Join a diverse, international, and inclusive team that values curiosity, collaboration, and bold thinking.

Ready to pioneer the future of Internal Controls? Make an impact with us!