Closing & Reporting Specialist – Karachi, Pakistan

Job title: Closing & Reporting Specialist – Karachi, Pakistan

Company: Siemens


Job description: Job Description:Closing & Reporting Specialist – Karachi, PakistanWe empower our people to stay resilient and relevant in a constantly evolving world. We’re looking for people who are always searching for creative ways to grow and learn. People who want to make a real impact, now and in the future. Does that sound like you? Then it seems like you’d make an outstanding addition to our vibrant international team.Siemens Digital Industries is a leading innovator in automation and digitalization. Our mission is to support customers in maximizing growth, profit opportunities and ecological footprint in the discrete and process industries. Ready to create your own journey?Join our Digital Industry as the Closing & Reporting Specialist and help us transform the everyday by finding solutions and making the world a more inquisitive place for tomorrow.You‘ll make an impact by:In this role, you will be responsible for the entity’s accounting, governance, month-end closing, and financial reporting activities. Your key responsibilities will include:

• Ensure timely and accurate monthly and quarterly closings and group reporting (ESPRIT) in accordance with deadlines set by Group HQ, including:

• Preparation and review of journal vouchers and management judgments;
• Addressing system validation issues during closing runs;
• Booking valuation allowances for receivables and inventories;
• Lease accounting in compliance with IFRS 16 and related reporting;
• Recording adjustments for foreign exchange (FX) and embedded derivatives (ED);
• General ledger (GL) monitoring, balance sheet reviews, and cleansing activities;
• Manage other group reporting requirements, including Order Backlog, Reach Reporting, Additional Statements Reporting (ADSTAR), etc.;
• Prepare quarterly & annual statutory financial statements of the Company and ensure all relevant disclosures are in line with the latest International Financial Reporting Standards (IFRS) and all other laws applicable in Pakistan;
• Prepare and review audit reports, and support both internal and external audit activities;
• Compile and present monthly and quarterly financial information and presentations for senior management, the Board of Directors, and its Committees
• Liaise with business units to provide support on accounting, controlling, and reporting matters;
• Build awareness and provide guidance to stakeholders on Financial Reporting Guidelines and global accounting initiatives;
• Conduct periodic reviews and financial statement analysis for various business units;
• Act as a solution provider for ERP-related issues impacting accounting and reporting, and support implementation of change requests;
• Participate in process improvement and optimization initiatives;
• Develop and implement pre-closing validation procedures to reduce errors and ensure compliance with closing and reporting deadline
• Provide support for ad-hoc financial and reporting requirements.

Your success is grounded in

• ACCA Qualified or CA Finalist
• 2 to 5 years of relevant experience in Financial Accounting and Reporting
• Strong understanding of IFRS
• Understanding Group Reporting tools and procedures and FRG
• Proficient in using MS office applications and SAP
• Good communication, collaboration and presentation and interpersonal skills
• Fluent in speaking English

You’ll benefit from

• 2 to 3 days of mobile working per week as a global standard.
• Diverse and inclusive culture.
• An environment where everyone can bring their whole self and feel a sense of belonging.
• the foundation to develop personally and professionally.
• Extraordinary variety of learning & development opportunities

Transform the everyday with usWe value your outstanding identity and perspective and are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us.We celebrate the fact that our people are individuals and have different preferences and needs. If we all thought the same, we would never think of anything new! That’s why we recruit extraordinary minds from all walks of life. We are committed to furthering our culture of diversity, equity and inclusion. We encourage applications from a diverse talent pool and are happy to give the opportunity to discuss flexibility and reasonable adjustment requirements. Many of our teams are working optimally in a remote, virtual adding to our ability to offer more flexibility on how you handle your time.Please note: Only complete applications can be considered in the selection process.

Expected salary:

Location: Karachi, Sindh

Job date: Thu, 05 Jun 2025 04:09:35 GMT

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