Accounting Head

Siemens; Mumbai; On-site; INR 4,500,000 - 6,500,000; Full time

Job summary

Siemens Mumbai seeks a senior Chartered Accountant to lead the end-to-end accounting function for a listed entity. You will drive monthly/quarterly/year-end closes, ensure IFRS/Ind AS compliance, and manage GL, AP/AR, fixed assets, and inter-company accounting with strong internal controls.

You will partner with business leaders and Co Sec for regulatory filings, oversee audits, and spearhead policy harmonisation and IT-enabled improvements across ERP systems and reporting tools.

Qualifications

• CA mandatory with 12–18+ years experience, preferably in listed entities
• Strong exposure to IFRS/Ind AS and consolidation
• Experience in internal controls, ICFR, and audit management
• ERP systems (SAP preferred) with advanced Excel/BI exposure
• Industry exposure: Manufacturing / EPC / Power / Infrastructure

Responsibilities

• Lead end-to-end accounting close (monthly/quarterly/year-end) with accuracy and timeliness
• Ensure statutory compliance, regulatory disclosures, and governance
• Oversee GL, AP/AR, fixed assets, provisions, intercompany, reconciliations
• Drive close improvements, standardisation, automation, and fast-close initiatives
• Own ICFR framework and audit liaison with statutory/internal auditors
• Coordinate with Company Secretary/Legal for regulatory filings and disclosures
• Support finance leadership on accounting positions for M&A, carve-outs, and policy harmonisation

Skills

Listed company reporting

Ind AS / IFRS

Consolidation & disclosures

Audit management

ERP SAP

Power BI/Tableau

Excel proficiency

Education

CA (Chartered Accountant)

Tools

SAP

Power BI

Tableau

Job description

Your new role - challenging and future-oriented Role Purpose

To lead the end-to-end Accounting function for a listed company, ensuring statutory compliance, accurate and timely financial reporting, robust accounting governance, strong internal financial controls, audit readiness, and effective performance support, while partnering closely with business leaders and internal/external stakeholders.

Key Responsibilities

A. Financial Accounting & Closing

• Own and manage monthly, quarterly, and year-end close ensuring accuracy, completeness, and timeliness.
• Ensure full compliance with Ind AS / IFRS and internal accounting policies.
• Oversee governance across General Ledger, AP/AR, fixed assets, provisions, accruals, inter-company accounting, and reconciliations.
• Drive standardisation, automation, and fast-close initiatives to improve efficiency and quality.

B. Listed Company Reporting & Regulatory Compliance

• Standalone and consolidated financial statements
• Quarterly and annual results, including notes and disclosures
• Management and Board/Audit Committee presentations
• Ensure compliance with stock exchange regulations and other applicable listed-entity requirements, including approvals, timelines, and disclosures.
• Coordinate with Company Secretary and Legal teams for Board and Audit Committee documentation and regulatory filings.

C. Internal Controls, Governance & Risk

• Own and strengthen the Internal Financial Controls over Financial Reporting (ICFR) framework.
• Ensure effectiveness of controls, proper audit trails, documentation, and adherence to accounting policies across businesses and entities.
• Actively identify accounting and control risks and implement mitigation measures.

D. Audit Management

• Serve as the primary finance interface for statutory auditors and internal auditors.
• Lead planning, execution, and closure of audits.
• Drive timely resolution of audit observations and ensure sustainable corrective actions.

E. Internal Stakeholder Management & Special Projects

• Partner closely with Finance, Tax, and Business teams on accounting positions impacting financial statements.
• Work closely with Shared Service organisations and businesses on accounting topics and process improvements.
• Lead finance change initiatives including new business models, M&A, carve-outs, and policy harmonisation.
• Assess and implement new accounting standards and regulatory changes impacting financial reporting.
• Support Finance IT system enhancements and process changes (ERP, reporting, automation).
• Conduct regular accounting training sessions for finance and non-finance stakeholders to strengthen understanding and compliance.

F. People Leadership

• Lead, coach, and develop a high-performing accounting team.
• Define clear KRAs, ensure capability building, succession planning, and continuous development.

Required Qualifications

• Chartered Accountant (CA) mandatory
• 12-18+ years of progressive experience (flexible based on role level)
• Strong exposure to: Listed company financial reporting
• Ind AS / IFRS
• Consolidation and disclosures
• Audit management and internal controls
• ERP systems (SAP preferred) and strong Excel/BI exposure (Power BI/Tableau desirable)
• Manufacturing / EPC / Power
• Engineering / Infrastructure

Core Competencies

• Strong leadership and stakeholder management
• High analytical capability with ability to translate financial data into business insights
• Strong governance orientation, ownership, and integrity
• Deep knowledge of accounting standards and reporting requirements
• Process excellence, systems orientation, and continuous-improvement mindset
• Ability to operate effectively under tight timelines (quarterly results and audits)

Behavioral Traits (Cultural Fit)

• Independent decision-maker with strong ethical standards
• Collaborative business partner, not just a back-office function
• Comfortable operating in ambiguity and transformation environments
• High attention to detail with the ability to communicate effectively at senior and board levels