Cost Accountant (Financial Analyst)

Siemens Energy, Inc.; Fort Payne (AL); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Career growth

Health benefits

Paid time off

401K with company match

Family building benefits

Parental leave

Job summary

Siemens Energy, Inc. in Fort Payne, AL, is seeking a Financial Analyst to provide financial planning, performance analysis, and strategic decision support for the Large Generators unit.

The role involves budgeting, forecasting, financial modeling, and collaboration with cross-functional leaders to drive informed decisions. You will work with SAP, Power BI, and Hyperion to enhance reporting and governance, while ensuring accuracy and regulatory compliance.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• 5+ years in FP&A, corporate finance, or related roles, preferably in manufacturing.
• Advanced knowledge of SAP FI/CO, Hyperion, budgeting, forecasting, and reporting.

Responsibilities

• Manage commercial and financial controlling for the Fort Payne Plant, including project and product cost controlling, material cost controlling, balance sheet reconciliations, inventory management, and financial reporting for assigned projects and product portfolios.
• Develop transfer pricing models, monitor financial performance, identify risks and opportunities, and perform variance analysis by comparing budget, forecast, and actual results while providing insights to management.
• Partner with Technical Order Managers, Planning, Procurement, Operations, and Finance to support product cost controlling, forecasting activities, and ensure accurate financial records in compliance with policies.
• Lead inventory financial management by analyzing raw material inventory, work-in-process, inventory reserves, and other key metrics.
• Drive continuous improvement by optimizing financial processes, reporting capabilities, and supporting special projects and ad hoc analyses.
• Champion digital transformation by implementing modern reporting tools, supporting digitalization initiatives, training end users, and promoting data-driven decision-making.

Skills

FP&A

Budgeting

Forecasting

Financial modeling

GAAP

SAP FI/CO

Power BI

Hyperion

Education

Bachelor's degree

Tools

SAP

Power BI

Hyperion

Accounting systems

Job description

A Snapshot of Your Day (Position Overview)

As a Financial Analyst supporting the Large Generators business unit, you will play a key role in providing financial planning, performance analysis, and strategic decision support to help achieve the organization's operational and financial objectives.

Your day may include developing budgets and forecasts, analyzing business performance, preparing executive financial reports, building financial models, and partnering with business leaders to drive informed decision-making.

You will collaborate closely with Finance, Operations, and business stakeholders to improve financial processes, ensure compliance with accounting standards, and deliver meaningful insights that support business performance.

This role offers the opportunity to influence strategic initiatives while strengthening financial governance and operational excellence across the organization.

How You'll Make An Impact (Responsibilities)

• Manage the commercial and financial controlling activities for the Fort Payne Plant, including project and product cost controlling, material cost controlling, balance sheet reconciliations, inventory management, and financial reporting for assigned projects and product portfolios
• Develop transfer pricing models, monitor financial performance, identify risks and opportunities, and perform variance analysis by comparing budget, forecast, and actual results while providing meaningful insights to management
• Partner with Technical Order Managers, Planning, Procurement, Operations, and Finance to support product cost controlling, forecasting activities, and ensure accurate financial records in compliance with company policies and financial guidelines
• Lead inventory financial management by analyzing raw material inventory, work-in-process (WIP), inventory reserves, and other key inventory metrics to improve financial performance and operational visibility
• Drive continuous improvement initiatives by optimizing financial processes, enhancing reporting capabilities, supporting special projects and ad hoc analyses, and identifying opportunities to improve efficiency and controls
• Champion the digital transformation of the controlling organization by implementing modern reporting tools, supporting digitalization initiatives, training end users, and promoting data-driven financial decision-making

What You Bring (Requirements)

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• 5+ years of experience in financial planning and analysis (FP&A), corporate finance, financial reporting, or a related finance role, preferably within a manufacturing or industrial environment
• Strong knowledge of financial planning, budgeting, forecasting, financial modeling, corporate finance, GAAP, internal controls, business performance analysis, and management reporting
• Experience working with SAP, Power BI, accounting systems, and data visualization tools, with the ability to independently manage complex financial analyses, forecasting activities, and reporting processes
• Advanced knowledge of FI/CO transactions and procedures in SAP ERP and Hyperion
• Strong analytical, business acumen, accountability, communication, and process improvement skills with the ability to influence business decisions and collaborate effectively across finance, operations, and leadership teams.

About The Team

Gas Services

Our Gas Services division offers Low-emission power generation through service and decarbonization. Zero or low emission power generation and all gas turbines under one roof, steam turbines and generators. Decarbonization opportunities through service offerings, modernization, and digitalization of the fleet.

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

Rewards

• Career growth and development opportunities; supportive work culture
• Company paid Health and wellness benefits
• Paid Time Off and paid holidays
• 401K savings plan with company match
• Family building benefits
• Parental leave