Finance Manager - (Balance Sheet Controller)

Siemens Healthineers

0 years

0 Lacs

Bengaluru Karnataka India

Posted:2 days ago| Platform: Foundit logo

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Skills Required

Digitalization IFRS compliance revenue recognition

Work Mode

On-site

Job Type

Full Time

Job Description

Mission of the Function :

Ensures integrity of Books and Records
Reviews and monitors key KPIs for OTC
Responsible for identifying and implementing policy changes / guidelines to ensure operational efficiency of OTC KPIs
Key SPOC for IFRS-15

Dimension and Volume of the Function :

Business Volume of 25&apos0 Billion INR for In-Vivo Business in India

Contacts :

Country Management, BA Management, BL Management, Sales Management, Service Management, Project Management, Logistics, Taxation, Accounting & Controlling, Performance Controlling, Auditors, O2O Team, O2C Team

Priorities :

To execute effective mechanism for review and and analysis of various Balance Sheet Accounts such as FA, UBC, Inventory, Accruals etc
Responsible for IFRS compliance including Revenue Recognition
To be a key participant in digitalisation / automation of current manual / excel based processes
Reviewing and monitoring of key KPIs for OTC - Revenue FC, Inventory, DIO, DSO , Cycle Time, NCC
Responsible for identification of digitalization opportunities and driving them along with Business, Digi and IT team
To ensure timely monthly closing entries including entries related to Accruals, Guideline Based Provisions
Analyze financials (Balance Sheet and P&L) and provide improvement areas after assessing root causes. Closely work with Business Stakeholders to address such issues
Set-up effective and efficient processes to ensure smooth month-end closing practices on Revenue, Accruals, Provisions etc

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