Factory Controller

Siemens Energy; Madrid; On-site; EUR 60,000 - 90,000; Full time

Benefits offered by this job

Medical subscription

Career growth

Flexible work culture

Professional development

International team

Job summary

Siemens Energy in Madrid is seeking a Factory Controller to drive financial transparency and manufacturing cost optimization. You will lead monthly closings, prepare reports, and partner with factory management to improve costing and performance.

The role requires 5+ years in financial controlling in manufacturing, fluent English, SAP CO/FI, Excel and Power BI skills, and strong cross-functional collaboration. German is a plus.

Qualifications

• Bachelor's or Master's degree in Finance, Accounting, Economics, or Business Administration.
• Minimum 5 years of professional experience in financial controlling in factory/manufacturing environments.
• Fluency in English; knowledge of German is advantageous.
• Strong SAP CO/FI and advanced Microsoft Excel skills as well as Power BI.
• Proven expertise in industrial cost accounting, FP&A, and variance analysis.
• Excellent business partnering skills with cross-functional collaboration.

Responsibilities

• Lead monthly, quarterly, and annual financial closings with compliance to corporate guidelines.
• Manage and optimize product costing structures and cost-benefit analyses.
• Coordinate annual budgeting and regular financial forecasting cycles.
• Monitor factory overheads, variances, and CAPEX budgets.
• Develop financial models and business cases for capital investments.
• Collaborate with production and engineering to validate productivity and drive cost reductions.

Skills

Financial controlling

FP&A

Variance analysis

English communication

Education

Bachelor's/Master's in Finance/Accounting

Tools

SAP CO/FI

Excel

Power BI

Job description

A Snapshot of Your Day

As a Factory Controller within the Switchgear Component Business of Siemens Energy's Grid Technologies Execution Unit, you will play a pivotal role in driving financial transparency and operational efficiency. You will collaborate closely with the Factory Management and local operations team, providing strategic financial insights that support informed decision-making. Your day-to-day activities will involve leading financial closing processes, prepare detailed financial reports, and engaging with cross-functional teams to optimize product costing and drive performance improvements.

In this position, you will be at the heart of our manufacturing operations, ensuring robust financial health and cost optimization. Your expertise will directly impact the factory's performance, enabling us to meet our strategic objectives and enhance our competitive edge in the market.

How You'll Make an Impact

• Play a vital role in monthly, quarterly, and annual financial closing processes, ensuring compliance with corporate guidelines and delivering accurate financial reports to factory leadership.
• Manage and optimize product costing structures, conducting detailed cost-benefit analyses and identifying cost-saving opportunities through inventory valuations and waste analysis.
• Act as a strategic financial advisor to the Factory Management, coordinating the annual budgeting process and regular financial forecasting cycles.
• Monitor and control factory overheads, manufacturing variances, and capital expenditure (CAPEX) budgets to ensure financial integrity.
• Develop financial models and business cases for proposed capital investments and operational changes, supporting strategic decision-making.
• Collaborate with production and engineering teams to validate productivity measures and drive cost-reduction initiatives.

What You Bring

• Bachelor's or Master's degree in Finance, Accounting, Economics, or Business Administration.
• A minimum of 5 years of professional experience in financial controlling, with a strong focus on factory or manufacturing environments.
• Fluency in English; knowledge of German is highly advantageous.
• Strong proficiency in SAP (CO/FI modules) and advanced Microsoft Excel skills as well as Power BI or similar applications
• Proven expertise in industrial cost accounting, financial planning and analysis (FP&A), and variance analysis.
• Excellent business partnering skills, with a track record of effective cross-functional collaboration and stakeholder management.

About The Team

Our Grid Technology division enables a reliable, sustainable, and digital grid. The power grid is the backbone of the energy transition. Siemens Energy offers a leading portfolio and solutions in HVDC transmission, grid stabilization and storage, high voltage switchgears and transformers, and digital grid technology.

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo

Our Commitment to Diversity

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character - no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.

Rewards/Benefits

• Stay safe and healthy with our medical subscription.
• Career growth and development
• Flexible work culture & well-being
• Continuous professional and personal development opportunities.
• Being part of an international and open-minded team.

We value equal opportunities and welcome applications from people with disabilities.

Jobs & Careers: https://jobs.siemens-energy.com/jobs