Commercial Controlling & Product Costing Financial Analyst

Siemens España; Thane; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Siemens AG in India is seeking a mid-level professional to manage product costing, commercial controls, and profitability analysis. You will handle COPA analysis, NXTools-based costing, and governance reporting, with exposure to R&D cost activities and royalty-related controls.

The role requires 4–10 years of relevant experience in costing and commercial controlling within manufacturing or automotive sectors, with strong Excel and stakeholder management skills.

Qualifications

• Bachelor's Degree in Commerce, Business Administration, Finance, Accounting or related field.
• MBA in Finance / Business Administration / Cost Management preferred.
• CMA / ICWA / CA Inter will be an added advantage.

Responsibilities

• TCE management and costing updates and validation.
• DTO costing preparation and review; cost sheets with BOE.
• Costing for spare parts and R&D project activities support.
• Royalty calculation, validation, and reporting; OCC controlling.
• Compliance controls execution and export control spot checks; internal control adherence.
• COPA and profitability analyses to assess margins and business performance; top order analysis.

Skills

Product Costing

Commercial Controlling

NXTools

SAP COPA Analysis

Profitability Analysis

Management Reporting

Compliance Controls

Education

Bachelor's Degree in Commerce/Business/Finance

MBA in Finance / Cost Management

CMA / ICWA / CA Inter (advantage)

Tools

NXTools

SAP COPA

Job description

528486

05-Nov-2026

Smart Infrastructure

Finance

Mid-level Professional

JOB PROFILE - Business Administration / Finance

Role Purpose: Manage product costing, commercial controls, compliance checks, management reporting, and profitability analysis to support accurate business decisions and effective cost governance.

ROLES AND RESPONSIBILITIES

1. TCE Management & Costing

• TCE updating and maintenance, including NXTOOL / NXTools
• Preparation and validation of DTO costing
• Costing for spare parts and related requirements
• Costing support for R&D project activities
• Preparation and review of BOE cost sheets
• NXTools updates, maintenance, and data accuracy
• Coordination and execution of global benchmarking activities

3. Royalty & Commercial Controlling

• Royalty payment calculation, validation, and reporting
• OCC controlling and related commercial monitoring
• PO approval-related activities and necessary commercial checks

4. Compliance & Controls

• Execution and documentation of Export Control spot checks
• Ensuring adherence to applicable internal control requirements
• Coordination and support for Headquarters and management-related topics
• Preparation and submission of OPW reports

6. Business & Profitability Analysis

• COPA analysis to assess revenue, cost, margin, and profitability performance
• Top 10 order analysis, including key commercial observations and management insights

REQUIREMENTS

Required Education:

• Bachelor's Degree in Commerce, Business Administration, Finance, Accounting or related field
• Master's Degree preferred - MBA in Finance / Business Administration / Cost Management
• Professional qualification like CMA / ICWA / CA Inter will be an added advantage

Experience Requirement:

• 4 to 10 years of relevant experience in Product Costing, Commercial Controlling, and Profitability Analysis
• Experience in manufacturing industry / automotive sector preferred
• Strong knowledge of Product Costing, SAP - COPA Analysis, Profitability Analysis
• Hands-on experience in Commercial Controlling, Compliance Controls, Management Reporting
• Proficiency in NXTools, Benchmarking methodologies and MS Excel
• Good analytical, communication and stakeholder management skills
• Must-Have Skills: Product Costing, Commercial Controlling, SAP COPA Analysis, NXTools, Profitability Analysis, Management Reporting, Compliance Controls
• Nice-to-Have Skills: Global Benchmarking, Export Control Compliance, DTO Costing, BOE Cost Sheets Preparation, OPW Reporting