Senior Finance Analyst

469g Siemens Healthcare Diagnostics Inc.; United States; On-site; USD 107,000 - 147,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) retirement plan

Life insurance

Disability insurance

Paid time off

Paid sick time

Parking/Transit

Job summary

Siemens Healthineers in Mishawaka, Indiana, is seeking a Senior Financial Analyst to lead month-end close, KPI reporting, and forecasting for the Point of Care manufacturing site.

The role requires 5+ years in cost accounting in manufacturing, and proficiency with SAP and Excel; on-site work 3 days per week. CPA/CMA is preferred.

Qualifications

• 5+ years of successful experience in cost accounting in manufacturing
• Solid knowledge and experience in SAP, Excel
• CPA/CMA preferred
• Ability to work on site 3 days per week

Responsibilities

• Month end close and KPI reporting with variance analysis
• Budgeting and forecasting: cost center spend, production costs, and forecasts
• Analyze manufacturing costs and labor/overhead; provide variance explanations
• Communicate results to operations and prepare management reports

Skills

Cost accounting

Financial analysis

On-site collaboration

Education

BS/BA in related discipline

CPA/CMA preferred

Tools

SAP

Excel

Job description

About the Role

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.

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.

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.

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 in external and internal networks within specialist field. Proactively shares knowledge in a systematic way in larger organization to grow know-how base and supports a learning organization.

Experience

• 5+ years of successful experience in cost accounting area of manufacturing industry.
• Solid knowledge and experience in SAP, Excel is must for this role.
• CPA/CMA preferred
• Ability to work on site 3 days per week

Must demonstrate successful experience of working with functional partners to improve process and enhance efficiency. Must demonstrate strong capability of handling challenges and pressures under dynamic situation.

Direction of Others

May provide general guidance or train support and/or professional staff.

Key Working Relationships

Contacts are primarily intra-organizational and external Siemens Healthineers has recently announced the next steps in our continued commitment to prioritize colleague health, comply with customer/business partner requirements, and help preserve our business continuity.

Other Requirements

Going forward, please be aware that Siemens Healthineers requires full vaccination for all new hires by their start date. (Note: Accommodations may be requested for certain medical or religious reasons) At Siemens Healthineers, we value those who dedicate their energy and passion to a greater cause. Our people make us unique as an employer in the med-tech industry. What unites and motivates our global team is the inspiration of our common purpose: To innovate for healthcare, building on our remarkable legacy of pioneering ideas that translate into even better healthcare products and services.

Company Culture

We are a team of more than 72,000 highly dedicated Healthineers in more than 70 countries.

As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.

When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual’s potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world’s most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

Benefits

• medical insurance
• dental insurance
• vision insurance
• 401(k) retirement plan
• life insurance
• long-term and short-term disability insurancepaid parking/public transportation
• paid time off
• paid sick and safe time

Salary

The base pay range for this position is: $107,060 - $147,213. Factors which may affect starting pay within this range may include geography/market, skills, education, experience, and other qualifications of the successful candidate. If this is a commission eligible position the commission eligibility will be in accordance with the terms of the Company's plan. Commissions are based on individual performance and/or company performance.

Equal Employment Opportunity Statement

Siemens Healthineers is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

EEO is the Law

Applicants and employees are protected under Federal law from discrimination.

Reasonable Accommodations

Siemens Healthineers is committed to equal employment opportunity. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations. If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form here. If you’re unable to complete the form, you can reach out to our HR People Connect People Contact Center for support at [e-mail]. Please note HR People Connect People Contact Center will not have visibility of your application or interview status.

California Privacy Notice

California residents have the right to receive additional notices about their personal information.

Export Control

A successful candidate must be able to work with controlled technology in accordance with US export control law. It is Siemens Healthineers’ policy to comply fully and completely with all United States export control laws and regulations, including those implemented by the Department of Commerce through the Export Administration Regulations (EAR), by the Department of State through the International Traffic in Arms Regulations (ITAR), and by the Treasury Department through the Office of Foreign Assets Control (OFAC) sanctions regulations.

Data Privacy

We care about your data privacy and take compliance with GDPR as well as other data protection legislation seriously. For this reason, we ask you not to send us your CV or resume by email. We ask instead that you create a profile in our talent community where you can upload your CV. Setting up a profile lets us know you are interested in career opportunities with us and makes it easy for us to send you an alert when relevant positions become open.