Job Description

Date Posted: 2009-11-01 Ref. JB1313324

Division Controller -Ref No. MCG00176
SIEMENS

Goals/Mission:
Responsible for the overall accuracy and timeliness of the division's reported results, including monthly and quarterly reconciliations with comments and explanations, capital spending, CAR justifications, inventory analysis (valuation/reserves), maintenance of standard costs and projections. As a financial partner on the executive team that manages the operations of the Division.

Working Partners/Contacts:
- Siemens AG
- Dealing with different Business Division Heads in the Industry sector.
- Dealing with team member of different divisions in the Industry Sector.

Tasks:
- Assure compliance with policies and procedures (including cost reporting definitions).
- Lead budgeting and forecasting activity for the division.
- Direct cost analysts at various manufacturing plants.
- Perform integral financial analysis used in the decision making process.
- Participate in the initiation and follow-up of cost reduction programs.
- Work in cooperation with regional controllers in the division's sphere of operations.
- Participate in the development of the information systems.
- Direct partnership with management of BU to drive financial performance against very complex goals (Volume, EBIT, EVA, working capital).
- Apply advanced analytical techniques which are necessary to gain greater insight and perspective on most complex problems.
- Direct organizational alignment with strategy.
- Successfully define work flows, jobs, and reporting relationships to obtain optimum effectiveness.
- Develop and manage multiple organization budgets and business plans for large and complex projects or direct multiple functional areas for large division.
- Conceptualize strategic long-range policies/programs for area of responsibility or products and to forecast their impact.
- Analyze effectiveness of policies/products and establish future direction for functional company as a whole.
- Act as an advisor that troubleshoots and resolves abstract problems within multi-departments and/or cross-functional divisions.
- Protect company assets within subject area.
- Enhance and improve existing policies, products and methods.
- Make recommendations based on advanced root cause and alternative solution analysis.

Skills

Education:
- The candidate must possess a Bachelor's degree in commerce and a minimum of 5 years of experience in finance/accounting in a similar position.
- CPA, CMA or CFA level 1 is a must

Knowledge/Languages:
- Excellent command of spoken and written English and Arabic.
- Knowledge of Microsoft Office software.
- Knowledge of Job Cost accounting systems.
- Knowledge of the German Language is an asset.
- Demonstrate understanding and application of management approaches for work direction, motivation, performance management, and disciplinary action.

Experience:
5+ years of successful experience in a directly related field, i.e. Accounting/ Finance is a must.

Capabilities:
- Must have excellent interpersonal and communication skills.
- Ability to adept easily to change and capable of working under various stressful work conditions.
- Must be motivated and self starter.

Company Profile

Siemens is a world leader in energy, industry and healthcare. We provide comprehensive solutions in many fields ranging from oil and gas, power generation and distribution to healthcare, petrochemicals and industrial automation.

Our team of dedicated individuals is continuously enriching the company as it continues on a journey of innovation that began in a backyard workshop in 1847. We are committed to playing an active and constructive role in the Middle East region and focus on developing regional talent. To this end, Siemens currently employs over 4000 people from over 60 nationalities in the Middle East region.

Siemens’ relationship with the region has a long history, going back to 1856 when Werner von Siemens came to the region to supervise the laying of undersea cables in the Red Sea. From those beginnings, the company has continued to contribute significantly to the region’s infrastructure.