Sr Process Associate - Finance And Procurement Services

Siemens; Bengaluru; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Siemens is seeking a Finance & Procurement professional based in Bangalore to streamline payment submissions, regulatory compliance, and process digitization. You will support Trade Finance, EDPMS/IDPMS, AR and AP while collaborating with GBS, banks and EXIM to close aged cases efficiently.

The role requires SAP proficiency, strong Excel skills, and ability to prepare management summaries with clear action plans. Knowledge of FEMA and RBI timelines is essential.

Qualifications

• Bachelor’s accounting degree with 2-4 years of experience in Trade Finance, EDPMS- IDPMS, AR and AP.
• Knowledge on EDPMS - IDPMS procedures and practices, making payment submissions to bank for Imports/Services as per FEMA guidelines. SAP Knowledge is a must along with quick learner on using bank portal for submission of payments
• Knowledge on the timelines to close the Imports transactions from an RBI regulation perspective as well as AD practices
• You are good at email writing communication
• You have good analytical, problem-solving skills and MS excel, work PPT.

Responsibilities

• Coordinate with Business to close all the aged cases and ensure zero noncompliance
• Coordinate and act as a medium between GBS, banks & EXIM
• Prepare management summary for open cases with reasons and dependency and create action plan for closure
• Take initiative in driving projects which helps in further streamlining the process via Digitization/elimination of nonvalue adds
• Working level knowledge of FEMA regulations.

Skills

Analytical

Problem solving

MS Excel

Email writing

Quick learner

Communication

Education

Bachelor’s degree in Accounting

Tools

SAP

Job description

Job Description:

Hello!

We provide extensive high-quality and cost-efficient Finance & Procurement services from purchasing to the processing of outgoing payments, Cash allocation, Fixed Assets accounting, Accounts reconciliation and Closing & Reporting. We work with a strongly integrated system and a highly automated processing environment and digital workforce.

Our customers receive innovative, easy-to-use services. We deliver maximum value to the business by driving process optimization and digitalization using our ambitious approach, and we support our customers’ current and future business requirements with the help of our high level of process and automation competency.

You’ll make a difference by:

• Coordinate with Business to close all the aged cases and ensure zero noncompliance
• Coordinate and act as a medium between GBS, banks & EXIM
• Prepare management summary for open cases with reasons and dependency and create action plan for closure
• Take initiative in driving projects which helps in further streamlining the process via Digitization/elimination of nonvalue adds
• Working level knowledge of FEMA regulations.

Your success is grounded

• You have successfully completed bachelor’s accounting degree with 2-4 years of experience in Trade Finance, EDPMS- IDPMS, AR and AP.
• Knowledge on EDPMS - IDPMS procedures and practices, making payment submissions to bank for Imports/Services as per FEMA guidelines. SAP Knowledge is a must along with quick learner on using bank portal for submission of payments
• Knowledge on the timelines to close the Imports transactions from an RBI regulation perspective as well as AD practices
• You are good at email writing communication
• You have good analytical, problem-solving skills and MS excel, work PPT.

Join us and be yourself!

This role is based in Bangalore, where you’ll get the chance to work with teams impacting entire cities, countries – and the shape of things to come.

We’re Siemens. A collection of over 312,000 minds building the future, one day at a time in over 200 countries. Were dedicated to equality, and We encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us shape tomorrow.

Full-time

Permanent

Office/Site only

Bangalore - Karnataka - India