Pension Accounting Manager

Siemens Mobility; Camberley; On-site; GBP 45,000 - 65,000; Full time

Job summary

Join a global leader in medical technology as a Pension Accounting Manager. You will oversee accounting and reporting for pension schemes, ensuring compliance with financial guidelines while collaborating with various stakeholders. This role offers you the chance to shape pension processes and contribute to operational efficiency.

Benefits

26 days' holiday plus options to buy/sell

Up to 10% employer pension contribution

Share and bonus scheme

Flexible benefits including medical insurance

2 paid volunteering days per year

Qualifications

• Experienced in pension accounting.
• Good understanding of financial drivers.
• Educated to degree level or equivalent.

Responsibilities

• Verify and post year-end and monthly accounting entries.
• Responsible for governance and internal controls.
• Coordinate deliverables with HR and actuaries.

Skills

Accounting & controlling

Interpersonal skills

Presentation skills

Result-oriented

Finance transformation projects

Education

Degree in finance or equivalent

ACCA, ACA from ICAEW, or CIMA

Tools

SAP FICO module

Job description

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.

Join our team now at Siemens Healthineers as Pension Accounting Manager and you will be primarily responsible for the technical evaluation and the book & record keeping for a portfolio of pension schemes, producing the annual accounts disclosures, coordinating with multiple key internal stakeholders and assisting with internal and external audits.

As a team member of Accounting & Controlling (A&C), you will a subject matter expert for processes, systems and tools and demonstrate proficiency in processing and checking, follow procedures and respond to queries related to Siemens Healthcare pensions accounting.

Job Responsibilities:

1. Accounting & Reporting

• Verify and Post year end and monthly accounting and reporting entries
• Operate and verify monthly accounting entries
• Central PEN Budget: produce pension budget for three pension schemes and submit in Esprit (Group financials reporting tool)
• Prepare adhoc financials reports and presentation for Trustee's meeting.

2. Governance/Compliance

• Responsible for all related internal controls (RIC)
• Compliance with Siemens financials reporting guideline and IFRS
• Ensure in implementation of pension guidelines
• Review accounting treatment of Defined Contribution plans
• Review of actuary reports completeness, accuracy, consistency
• Reconciliation of actuary reports with accounting tools

3. Other

• Coordination of deliverables with HR/ local actuary
• Support of Assumption Setting
• Provide deliverables to the actuary
• Operate year end postings according actuarial report
• Set up posting schedule for Defined Benefit Contribution for next FY
• Prepare necessary financial disclosures for year-end local accounts as per local GAAP (IFRS).
• Produce all necessary documents for quarterly and annual audit & deal with audit queries
• Take end-to-end responsibility on the year-end local GAAP audit for pension, including related disclosure
• Close collaboration in pension-related topics with Regional Pension Management
• Strong coordination with Actuary, Auditor, CFO and HQ pension team on various queries, presentation to Trustee, etc

Your Skills & Experience:

• Experienced in accounting & controlling, preferably on pension accounting
• Good understanding of diverse business models and financial drivers & processes of business
• Preferably educated to degree level or equivalent. With a qualification in a formal recognised finance accreditation (e.g. ACCA, ACA from ICAEW, CIMA)
• Excellent interpersonal skills and strong ability to work with multiple interfaces & contacts within the organisation
• Strong presentation skills with the ability to manage complexities and crystallise solutions
• Result-oriented, organised with good follow-up skills, ability to work to tight deadlines
• Experience in / Strong passion in project execution of finance transformation projects, change management with a strong understanding and ability to work in multi-cultural environments
• Working experience in multinational companies/assignments abroad with a diversified range of products and services
• SAP knowledge (especially FICO module) is advantageous

Our Benefits:

• 26 days' holiday with the option to buy or sell an additional 5
• Up to 10% employer pension contribution
• Share and bonus scheme
• Access to our flexible benefits from private medical insurance to dental cover
• Corporate Social Responsibility opportunities including 2 paid volunteering days per year and support from our 24/7 employee assistance programme

Who we are:
We are a team of more than 71,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.

How we work:
When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual's potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world's most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

As an equal opportunity employer, we welcome applications from individuals with disabilities. Siemens Healthineers are proud to be a Disability Confident Committed employer. If you require any adjustments at any stage of the recruitment process, please let us know.

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