Senior Finance Analyst

onehealthineers; United States; On-site; USD 90,000 - 110,000; Full time

Job summary

Siemens Healthineers in Mishawaka, IN seeks a Senior Financial Analyst to lead month-end close, reporting, and variance analysis for a manufacturing plant. The role emphasizes cost accounting in SAP, budgeting, forecasting, and performance metrics for the site.

The successful candidate will grow toward a controller position, leveraging Power BI and strong Excel skills to drive insights and support decision-making for management and operations teams.

Qualifications

• BS/BA in finance, accounting, or equivalent experience.
• MBA or related MS is a plus.

Responsibilities

• Month-end close and monthly reporting.
• Lead KPI reporting and variance analysis.
• Budgeting and forecasting for multiple cost centers.
• Provide financial analysis for manufacturing operations and projects.
• Communicate results to operations and management.

Skills

Cost accounting

SAP

Power BI

MS Excel

Budgeting

Forecasting

Variance analysis

Education

BS/BA in Finance or Accounting

MBA or related MS (plus)

Tools

SAP

Power BI

MS Excel

Job description

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

Our inspiring and caring environment forms a global community that celebrates diversity and individuality.

We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.

The facility in Mishawaka, Indiana, is a key strategic growth site for Point of Care. It is a reagent manufacturing facility with a high degree of automation. Mishawaka manufactures the reagent products that support Point of Care's world leading status in Decentralized Urine Analysis and Diabetes Care.

Join our team now at Siemens Healthineers as a Senior Financial Analyst.

In the role of Senior Financial Analyst, important activities include monthly reporting and forecasting, cost center analysis, material variance analysis, and budgeting. Effective self-review, communication, teamwork, and a focus on internal and external customers are all required. Cost accounting with SAP in manufacturing industry is required. . Excellent MS Excel skills are a must. As this role is expected to grow into controller position, knowledge of managerial accounting and Power BI will have significant advantage. This a perfect opportunity for whoever is willing to work hard and quickly grow his/her career with business.

Key Responsibilities

Month end close and monthly reporting

• Lead department KPI reporting and variance analysis
• Work with department leaders and reflect KPIs into financial forecast of the plant.
• Compile accurate internal reporting package by established deadline each month
• Prepare high-level PowerPoint presentation and meet with manufacturing team each month to effectively communicate results, trends, and concerns from projections
• Work with team on productivity reporting, facilitate estimates for pipeline ideas, review project calculations for accuracy, and update financial and status information in reporting system

Spend and material variance analysis

• Analyze manufacturing costs, including payroll, purchase orders, and allocations. Provide and effectively communicate meaningful explanations for variances to budget and forecast and prior year, and identify and work with business partners on improvement opportunities
• Analyze, in detail, material costs and labor/overhead application for variances to standards and provide summarized explanations. Work with operations personnel to understand variances, mitigate risks, and identify opportunities in production process
• Track and accurately report on project scrap and other costs
• Support project implementation with financial analysis and master data review and update
• Track spend and manufacturing orders at daily basis. Work with department leadership to proactively solve issues, if any.

Budgeting and forecasting

• Coordinate and consolidate cost center spend information for budget process
• Calculate and communicate allocation information
• Determine annual production costs and standards
• Compile P&L, volume, spend, headcount, capital expenditure, and inventory projections
• Ensure all schedules tie to each other and are consistent with communicated assumptions
• Generate accurate schedules for annual budget package and for monthly forecasts and distribute within established deadlines
• Generate and monitor monthly projections and identify and effectively communicate all material variances to budget/forecast
• Ensure effective two-way communication with operations team to align projections with trends, underlying factors, and expected exceptions
• Load budgets and forecasts in various systems and ensure alignment between systems
• Complete cost roll in budget and maintain standard cost during fiscal year.

The position is in Mishawaka, IN and reports to the Finance Director at the Mishawaka site. The department supports manufacturing operations.

Job family specific responsibilities

This position analyzes financial results to determine accuracy and completeness of information, prepares various financial reports, compiles and reviews financial plans and budgets, ensures compliance with budget allocations, performs financial analysis at complex levels including rate of return, depreciation, working capital, investments, budgeting, and financial and expense performance comparisons, ensures conformance to IFRS and SOA requirements, and may perform commercial/contract activities, pricing, margin calculations, etc. Excellent verbal and written communication, presentation, and leadership skills and ability to work with all levels of management are required.

Education

• BS/BA in related discipline or equivalent combination of education and experience
• Advanced degree in related discipline is a plus
• Demonstrates high professional judgment competence. Changes existing ways and approaches. Impact on results in larger organization.

Well established