Home
Communities
Companies
- Companies
  
  Discover best places to work
- Compare Companies
  
  Compare & find best workplace
- Add Office Photos
  
  Bring your workplace to life
- Add Company Benefits
  
  Highlight your company's perks
Reviews
- Company reviews
  
  Read reviews for 6L+ companies
- Write a review
  
  Rate your former or current company
Salaries
- Browse salaries
  
  Discover salaries for 6L+ companies
- Salary calculator
  
  Calculate your take home salary
- Are you paid fairly?
  
  Check your market value
- Share your salary
  
  Help other jobseekers
- Gratuity calculator
  
  Check your gratuity amount
- HRA calculator
  
  Check how much of your HRA is tax-free
- Salary hike calculator
  
  Check your salary hike
Interviews
- Company interviews
  
  Read interviews for 40K+ companies
- Campus placements
  
  Interviews questions for 2K+ colleges
- Share interview questions
  
  Contribute your interview questions
Jobs
Awards

WINNERS AWAITED!
- ABECA 2025
  
  WINNERS AWAITED!
  
  AmbitionBox Employee Choice Awards - 4th Edition
- ABECA 2024
  
  AmbitionBox Employee Choice Awards - 3rd Edition
- AmbitionBox Best Places to Work 2022
  
  2nd Edition
- AmbitionBox Best Places to Work 2021
  
  1st Edition

Add office photos

Employer? Claim Account for FREE

Siemens Healthcare

Compare

4.3

based on 285 Reviews

Video summary

48 Siemens Healthcare Jobs

Commercial Asset Manager

Siemens Healthcare

4.3

based on 285 Reviews

15-16 years

Bangalore / Bengaluru

1 vacancy

Commercial Asset Manager

Siemens Healthcare

posted 4d ago

Job Role Insights

Flexible timing

Key skills for the job

SAP CO Medical Billing Operations Auditing Analytical Chemistry Accountancy

+ 4 more

Job Description

Commercial Asset Manager

What will you need to do:

Drive the financial performance of Siemens Healthineers real estate assets in Zone India and other assigned countries.

Serve as a trusted partner to Location Managers (LMs) and Real Estate (RE) management, ensuring the accuracy of financial records and reporting, including proper documentation in relevant systems such as SAP. This role ensures compliance with Siemens Financial Reporting Guidelines (Siemens-FRG) as well as local GAAP requirements. Additionally, oversee all related reporting and controlling activities.

As Commercial Asset Manager, you will be responsible for:

Planning, forecasting, reporting and analysis

Execute a consistent and efficient controlling approach for all locations in Zone India and any other assigned country.

Conduct planning, forecasting, reporting, and review of underlying RE (Real Estate) related activities, special effects, P&L, B/S, etc.

Monthly bookings of billing and analysis of costs booked and variances Interface with HQ for commercial topics.

Align with the AMU head regarding reporting and forecasting of special effects.

Support Location Managers (LMs) in identifying opportunities and risks from operational business.

Prepare and consolidate budgets, including top-down and bottom-up plans, and proceed with revolving midterm planning and periodic forecasts throughout the year.

Perform comparisons of actual vs. plan and pursue the effects of agreed measures.

Monitor CWIP (Capital Work in Progress) accounts and capitalisation of assets, ensuring that physical verification takes place at regular intervals.

Ensure proper execution of all tasks (in compliance with books and records) with relevant stakeholders, i.e., SFS (e.g., financing, insurance, guarantees, currency & commodity hedging), CF (e.g., AC, taxes, treasury, audit), GBS, RIC (including OR), Legal and Compliance, ECC, Customs, etc.

Reconcile GL accounts and perform periodic balance sheet review

Business/Commercial partner to Location Managers (LMs)

Provide commercial support to LMs for decision-making processes.

Offer commercial support for local day-to-day operations.

Provide financial support in the negotiation of external renting and internal customer lease contracts (in alignment with IFRS16 regulations)

Offer commercial expertise in the calculation of customer-specific business cases.

Support Location Managers (LMs) with all commercial and customer-related questions.

Commercial support for RE related topics and programs

Prepare and provide financial/commercial input for RE-business topics, e.g. vacancy provisions/impairments, I-applications

Ensure local implementation of any RE related programs and initiatives in area of responsibility

Follow and implement globally defined commercial standards and principles

Application of globally defined reporting and FC-tools

Ensure data quality @source for area of responsibility

Ensure thorough implementation of globally defined standards and principles

What you need to make real what matters.

You are minimum Bachelor of Commerce with more than 5 years of professional experience with exposure in commercial and accounting/controlling functions.

A professional course in management (cost accountancy / chartered accountancy / MBA in finance etc.) is optional

Strong analytical skill, worked extensively on SAP, Excel, power point etc.

You have great communication skills, love to work in teams and best at collaboration.

Employment Type: Full Time, Permanent

Read full job description

Prepare for Asset Manager roles with real interview advice