Financial Analyst
Siemens Energy
Date: 2 weeks ago
City: Dammam
Contract type: Full time
A Snapshot of your day
Your day involves managing the Tooling Center’s financial performance through cost center oversight, project controlling, budgeting, forecasting, and the delivery of accurate financial reports. Handling end-to-end financial operations, including cost allocations, SAP invoicing, CAPEX and asset management, vendor invoice reconciliation, and payment approvals. Additionally, ensuring compliance with FRG, IFRS, tax regulations, and internal controls while supporting audits, driving financial targets, and identifying opportunities for cost optimization and operational efficiency.
How You’ll Make An Impact
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 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
Our Commitment to Diversity
Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.
Rewards/Benefits
The job posting will remain open for applications for 14 days from the posting date.
Your day involves managing the Tooling Center’s financial performance through cost center oversight, project controlling, budgeting, forecasting, and the delivery of accurate financial reports. Handling end-to-end financial operations, including cost allocations, SAP invoicing, CAPEX and asset management, vendor invoice reconciliation, and payment approvals. Additionally, ensuring compliance with FRG, IFRS, tax regulations, and internal controls while supporting audits, driving financial targets, and identifying opportunities for cost optimization and operational efficiency.
How You’ll Make An Impact
- Manage financial control activities across multiple cost centers, including cost allocations, tooling rental rates, and financial reporting.
- Lead monthly, quarterly, and annual closing processes, ensuring accurate journal entries, accruals, and financial adjustments.
- Support budgeting, forecasting, KPI tracking, and cost optimization initiatives to drive business performance.
- Oversee project accounting activities, including cost reconciliations, SAP invoicing, billing management, and consumables tracking.
- Manage the full asset lifecycle, including CAPEX planning, asset creation and retirement, vendor invoice reconciliation, and payment approvals.
- Ensure compliance with FRG, IFRS, tax regulations, and internal controls while supporting internal/external audits and export control requirements.
- Bachelor’s degree in accounting, Finance, or Business Administration; MBA preferred.
- Minimum 5 years of experience in a finance or accounting role.
- Strong proficiency in SAP and Microsoft Office Suite, particularly Excel and PowerPoint.
- Expertise in financial reporting and analysis, budgeting and forecasting, cost center management, asset management, and procurement support.
- Excellent written and verbal communication skills in English, with strong stakeholder management and problem-solving abilities.
- Professional certifications such as CPA (Certified Public Accountant) or CMA (Certified Management Accountant) are preferred.
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 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
Our Commitment to Diversity
Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.
Rewards/Benefits
- Opportunities to work with a global team
- Opportunities to work on and lead a variety of innovative projects
- Access to a variety of employee resource groups
- Competitive Salary Package
The job posting will remain open for applications for 14 days from the posting date.
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