Overview
Manage financial oversight and assets of over £1 billion in pension plan assets and liabilities across Defined Benefit ("DB") and Defined Contribution ("DC") plans in more than 40 countries within Siemens Energy’s Europe, Africa and Asia region. Responsibilities include financial management for plan design, investment, funding, employer covenant and governance activities for pension and post‑employment benefit plans. The role reports to Siemens Energy’s Head of Regional Pension Management and will be based at the corporate functions office in Camberley, UK.
Responsibilities
* Oversee the financial management of pension programmes and operations across multiple countries; maintain relationships with trustees, consultants, actuaries, investment managers, auditors and external plan providers.
* Manage projects to optimise SE’s pension landscape, seeking opportunities from market developments or regulatory changes to de‑risk, control costs, and improve the market competitiveness of pension plans.
* In the UK, lead the company’s input into risk‑transaction projects, managing timelines, budgets, strategy, business cases, and stakeholder approval processes.
* Lead funding negotiations with the DB pension trustees and contribute to investment strategy and covenant assessment.
* Lead initiatives to transform existing processes through technology, improving efficiency and accuracy of reporting.
* Develop, together with the global pension team and other internal stakeholders (eg tax, accounting, controlling), funding and financing strategies for defined benefit plans in the regions.
* Support SE M&A in transactions and coordinate the integration of acquired plans and trusts.
* Pro‑actively disseminate knowledge within the SE Finance organization.
Qualifications
* Strong analytical and organisational skills with commitment to accuracy, good judgment and independent work within a defined scope.
* B.A./B.Sc in Finance/Accounting/Economics/Mathematics or similar.
* 5+ years experience in pension management within an international company or as a consultant supporting multinational clients; UK experience essential, knowledge of other key markets (e.g., Belgium, the Netherlands, India, France, Spain, Middle East) highly desired.
* Relevant finance‑related qualification (e.g., CFA, Actuarial, Accountancy).
* Knowledge and understanding of different types of pension and post‑employment benefit arrangements, and varying plan financing approaches.
* Pension risk‑transaction project experience.
* Solid understanding of accounting/pension liability concepts to support the Group’s balance‑sheet risk management objectives.
* Demonstrated strong project‑management skills and ability to interact with other departments and external parties.
* Strong communication abilities, both internal and external, including explaining complex pension issues to non‑specialists.
* Negotiation and strategic thinking skills in a business environment.
* Open to occasional international travel.
* Experience in investment management, pensions in M&A and/or proficiency in French or Spanish are preferred.
About the Team
We are a diverse team of professionals from many countries, collaborating across Siemens Energy to manage balance‑sheet exposure and P&L impact of pension plans globally.
Benefits
* Career growth and development opportunities
* Flexible work environment with flex hours, telecommuting and digital workspaces
* Competitive total rewards package
* Flexible benefits and savings programmes
* Parental leave
* Profit sharing
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