Financial Management Training Program
The Siemens Financial Management Training Program (FMTP) was designed to recruit, train and develop individuals who will be the future financial leaders of Siemens. The program recruits individuals selected on the basis of leadership demonstrations and potential, exceptional academic performance and personal achievement. Our approach is to expose each FMTP participant to various Siemens' accounting and finance functions, so they can assume increasing levels of responsibility and meet the corporation's long term leadership talent needs.
This extensive two-year rotational program consists of 4 six-month rotations throughout key areas of Finance. Areas of assignment may include: Business Planning & Financial Analysis, Financial Analysis, Financial Controlling, Division or Business Unit level financial analysis, Cost Accounting, Corporate Accounting, Internal Controls, Project Controlling or Auditing.
Rotation Information
Business Planning & Financial Analysis (BPFA) - consolidate company wide financial activity, perform monthly reporting, and participate in other special projects.
Corporate Accounting - learn Siemens accounting policies through monthly close cycles.
Internal Audit - assist internal auditors while learning audit techniques, Internal Auditing Standards, and SE&A policies and procedures.
Divisional Assignment - work as the liaison between the business units and Corporate. Activities can range from month end close to cost accounting.
Manufacturing Facilities - gain exposure to cost accounting and operations experience in a plant setting.
Possible Rotation Locations - including but not limited to Atlanta, GA; Chicago, IL; Bellefontaine, OH; Grand Prairie/Dallas, TX; Springhouse/Philadelphia, PA; Pittsburgh, PA; Spartanburg, SC; Cincinnati, OH; Bartlesville, OK and El Paso, TX.
Candidate Criteria
Major - BS or BA in Accounting, Finance or Management (with Accounting minor).
Minimum GPA - 3.0/4.0
Relocation - Must be flexible and willing to relocate for 6 months outside of Atlanta during the first two years of the program.
Candidates for this program must first complete an internship with Siemens.
Potential Career Path
2 - 5 Years: Financial Analyst, Staff Accountant, Auditor, Credit Analyst, Cost Accountant
5 - 10 Years: Finance or Accounting Manager, Plant or Business Unit Controller
10+ Years: Business Unit or Division Controller, Director of BPFA, Director of Internal Audit, Director of Corporate Accounting