Cash & Bank Analyst

at  SIEMENS ENERGY

HOW YOU’LL MAKE AN IMPACT:

Daily Operations, Controls and Process Improvements

As a detail oriented, actively committed and involved Bank and Cash Analyst, you will be responsible for:

• Validating that bank statement imports/uploads automatic and manual are performed in a timely manner and free from error in SAP
• Perform bank accounts reconciliations in a timely manner and that aged items are followed-up on and clarified by following-up with any reasonable party
• Reconcile account balances between SAP and bank interface
• Perform special booking transactions (e.g. overpayments, employees, tax authorities, wage tax etc.)
• Create journals to internal / external Bank Account
• Monitoring of outgoing payments (MOP Process)
• Bank related interim account clearing
• Recording of all cash transactions and follow-up on items to be clarified
• Perform Interim Cash related General Ledger Account Reconciliations
• Investigate and resolve payment rejection
• Perform month end activities related to Cash and Bank
• Ensuring stability in monthly, quarterly, and annual financial closing activities
• Assisting with ad-hoc duties required by management to meet the needs of the business.
• Supporting the Senior and Principal Analysts in preparing internal controls documentation in Bank & Cash accounting.
• Supporting in internal and external audits by providing timely and qualitative information and resolving queries from the auditors (where applicable for the assigned countries/legal entities and tasks)
• Executing and continuously update DTP (Desktop Procedure) documentation for existing and are involved in the creation of DTPs for new processes/variances.
• Contributing and engaging in standardizing and automating our workflows, Bank & Cash processes and our cross-functional processes throughout the company.

Career development

• With your open-mindedness and willingness to learn, by building your skills and capabilities within our organization, you will support the “Bank & Cash Analyst” team with the tasks at hand.
• Invest in your own career development by regularly seeking and giving honest feedback and embracing a curious mindset in learning and personal development.

People, process and technology

• You will be actively contributing to our company’s strategy for building an environment for people, processes and technology, using innovation as a personal growth driver.
• Become more self-directed, build process ownership and find meaning in your work by taking part in process improvement initiatives and cross-functional projects.
• Build strong partnerships to win the trust of our stakeholders through respectful, agile, accountable behavior when interacting with colleagues, customers, partners and Siemens Energy local and global communities.

• Validating that bank statement imports/uploads automatic and manual are performed in a timely manner and free from error in SAP
• Perform bank accounts reconciliations in a timely manner and that aged items are followed-up on and clarified by following-up with any reasonable party
• Reconcile account balances between SAP and bank interface
• Perform special booking transactions (e.g. overpayments, employees, tax authorities, wage tax etc.)
• Create journals to internal / external Bank Account
• Monitoring of outgoing payments (MOP Process)
• Bank related interim account clearing
• Recording of all cash transactions and follow-up on items to be clarified
• Perform Interim Cash related General Ledger Account Reconciliations
• Investigate and resolve payment rejection
• Perform month end activities related to Cash and Bank
• Ensuring stability in monthly, quarterly, and annual financial closing activities
• Assisting with ad-hoc duties required by management to meet the needs of the business.
• Supporting the Senior and Principal Analysts in preparing internal controls documentation in Bank & Cash accounting.
• Supporting in internal and external audits by providing timely and qualitative information and resolving queries from the auditors (where applicable for the assigned countries/legal entities and tasks)
• Executing and continuously update DTP (Desktop Procedure) documentation for existing and are involved in the creation of DTPs for new processes/variances.
• Contributing and engaging in standardizing and automating our workflows, Bank & Cash processes and our cross-functional processes throughout the company