Internal Control Associate

About CF A Internal Control (IC)

CF A Internal Control (IC) is the central governance department for the internal control system at Siemens. We create impact through the definition and continuous improvement of a state-of-the-art internal control methodology and the support of our global internal control community in applying it. In close collaboration with corporate governance owners, we maintain a central repository of globally harmonized control requirements (the ‘Policy and Control Masterbook’) as well as our ‘Risk and Internal Control (RIC) Manual’ as the foundation for the internal control process.

As Siemens transforms into ONE Tech Company , our IC department plays a critical role in ensuring robust Internal Controls across the enterprise, especially over Financial Reporting (ICFR) and Sustainability Reporting (ICSR). We are at the forefront of leveraging innovative technologies – including Generative AI – to enhance control effectiveness, drive automation, and support Siemens' strategic growth levers.

We are looking for a motivated, curious professional who wants to grow their expertise in internal controls, technology, and innovation – and who enjoys collaborating in an international environment. Apply now to become part of our CF Assurance Internal Control team in Munich.

Accelerate your career and change the world of tomorrow with us.

What You'll Do:

• Foster GenAI-driven innovation in Internal Controls: Proactively identify, ideate, prototype and help implement GenAI use cases in Internal Controls together with experienced colleagues and relevant stakeholders.
• Contribute to IC methodology development: Support the team in further developing Siemens’ Internal Control methodology, especially for IT controls of systems relevant for financial reporting (e.g., ITGC/ITAC) and sustainability reporting.
• Maintain the IC Framework documentation: Update and improve selected sections of the RIC Manual and its supporting materials based on methodological updates, lessons learned, and evolving requirements.
• Enable the global IC community: Answer methodology questions, prepare content for the community, and independently plan and deliver workshops – growing into a trusted contact for IT Controls topics over time.
• Create training & guidance materials: Develop high-quality training decks, guidance, FAQs, and communications, and regularly deliver training with team members (including leading selected modules with increasing ownership).
• Support external auditor alignment: Prepare materials and analyses for discussions with the external auditor and participate in selected alignments alongside senior colleagues.
• Drive monitoring and insights: Identify patterns and recurring issues in IT controls across the Group; perform structured analyses of deficiencies and reporting, leveraging data analytics where applicable, and proposing focused improvement actions.
• Broaden your CF A experience: Take part in cross-functional initiatives, innovation topics, or selected assignments (e.g., as guest auditor) to build your assurance skillset and internal network.

Your Profile for "Making the Future Possible":

• Strong academic foundation: Degree in business administration, information systems, finance, or related field; master’s degree preferred.
• Relevant experience: Several years of professional experience in Internal Control, Finance, Audit, or a related area – ideally with exposure to ICFR and/or IT controls.
• Solid understanding of IT controls fundamentals: Familiarity with concepts such as ITGCs and ITACs and how enterprise systems (e.g., SAP ERP) fit into an ICFR control environment; you don’t need to be the “final authority” yet, but you can discuss the basics confidently and are eager to deepen your expertise.
• Interest in innovation & GenAI: Strong curiosity (and ideally first hands-on exposure) regarding Generative AI and its use in business processes. You enjoy testing new approaches and translating ideas into practical improvements.
• Curiosity for adjacent technologies: Interest in topics like RPA, low-code tools, and AI/ML – plus the willingness to learn how these can impact ICFR/ICSR and controls design.
• Growth mindset: You enjoy learning, take ownership of your tasks, and can work in evolving environments with changing priorities.
• International collaboration: Experience working with international stakeholders is a plus.
• Strong communication skills: Very good German and English (written and spoken), with the ability to structure information clearly for different audiences.
• Digital proficiency: Very good MS Office skills; comfortable adopting new tools and ways of working.

Why Join Us?

• Work on meaningful topics at the intersection of governance, technology, and innovation – including GenAI in internal controls.
• Learn from experienced colleagues in a central governance function with global reach and high visibility.
• Grow your expertise through structured development, continuous learning , and exposure to cross-functional topics .
• Join a diverse, international, and inclusive team that values curiosity, collaboration, and pragmatic problem-solving.

Ready to pioneer the future of Internal Controls? Apply now and make an impact with us!