Siemens Financial Analyst 4 - R&D Point of Care in Norwood, Massachusetts
At Siemens Healthineers, we are passionate aboutenabling healthcare professionals to deliver high quality patient care, and todo so affordably. A leading global healthcare company, SiemensHealthineers continues to strengthen our portfolio of medical imaging andlaboratory diagnostics, while adding new offerings such as managed services,consulting, and healthcare IT services – as well as further technologies in thegrowing market for therapeutic and molecular diagnostics.
Siemens Healthineers develops innovations thatsupport better patient outcomes with greater efficiencies, giving providers theconfidence they need to meet the clinical, operational and financial challengesof a changing healthcare landscape.
Now’s our time to inspire the future ofhealthcare together.
Siemens Healthineers is a leading global medical technology company with over 170 years of experience and 18,000 patents. More than 48,000 dedicated colleagues in over 70 countries are driven to shape the future of healthcare. We stand with our customers around the world to support them in delivering high quality care to their patients. An estimated 5 million patients across the globe benefit every day from our innovative technologies and services in the areas of diagnostic and therapeutic imaging, laboratory diagnostics and molecular medicine, as well as digital health and enterprise services. This is what truly matters to us.
Join our team now at Siemens Healthineers as a Senior Financial Analyst.
The Senior Financial Analyst role in Siemens Healthcare Point of Care will initiate, execute and evaluate effectiveness of planning, analysis and reporting activities within the business area. As part of a team, and through best in class, data-driven analytics, this role will partner and/or lead cross-functional teams for strategic and tactical decision making; will be a lead role in generating financial insights in the monthly/quarter global results, with focus on R&D spend and resource allocations. This role will have responsibility for coordinating the BU’s monthly, quarterly and annual financial cadence (forecasting, actual reporting and analysis, budgeting, strategic planning) for the POC R&D function and will provide key presentations on financial status at various management team meetings.
This is a role well suited to an ambitiousprofessional, looking for the next step in their career. As a Senior FinancialAnalyst, you will be responsible for :
Guidingthe analysis of financial results to determine accuracy and completenessof information.
Developingvarious financial reports and reviews with management on financial plansand budgets. Specific tasks include determining and discussing financialanalysis at very complex levels including rate of return, depreciation,working capital, investments, budgeting, and financial and expenseperformance comparisons.
Guidingand maintaining conformance to IFRS requirements, and coordinate withauditors
Drivingand optimizing monthly forecast process and making recommendations to managementabout specific actions needed to deliver on targets using data-drivendecision-making process, aligning organization and collaborating withstakeholders on a monthly basis to implement targeted performanceimprovement. Specific analytics include monthly forecast and actualvariances, gathering and evaluating key project activities and statusimpacting forecasts to senior management team.
Actingas a world-wide Controller / Financial partner for POC R&D toestablish and drive attainment of R&D, cash flow and productivitytargets. Areas of management include driving R&D annualbudget process and 5-year strategic plan. Report global R&D results tointernal finance team and external cross-functional groups within SiemensHealthineers.
ConductingFinancial Project Plans for ongoing and new R&D projects
ConductingQuarterly ASTAR reporting and compliance certification.
ConductingQuarterly R&D tax surveys and compliance.
Maintainingfunctional independence and provide a controlling function with proactive communicationand analysis to the BU
Approximately 10% travel required.
Required Knowledge,Skills, Experience, Capabilities for the role:
Education: Bachelor’s Degree in Accounting, Finance, orBusiness
Experience:minimum of 8 years of progressive analytical and controlling experience,with demonstrated career progression in a similar environment.
Abilityto distill business processes and results into actionable information forsenior leadership, very strong presentation skills.
Abilityto analyze as well as organize and quality orientation is a mainrequirement for the controlling area. Arranging and balancing activitiesto comply with various tasks and due dates is also key requirement
Verygood communication and networking skills, result and quality orientationas well as a pro-active attitude, including an appropriate interculturalsensitivity and ability to establish virtual networks across cultures andlocations.
Excellentteam player: Ability to manage horizontal teams and lead cross-functionaleffort. Have worked with cross functional disciplines and coordination ofbusiness operations, finance, accounting, audit and external personnelacross various levels
Knowledgeand experience in project management. Strong attention to detail andstrong analytical ability
Displays excellent business acumen and understanding ofcomplex organizational structures, reporting structures & process andthe budget and forecast process.
Strong systems skill in SAP, expert Excel and PowerPointcapabilities.
Knowledge and experience in project management. Strongattention to detail and strong analytical ability
SAPexperience, including SAP BW (Data Warehouse reporting).
Bewell versed with Healthcare R&D developmental methodology and requirements.
Understandand apply the concept of intangible capitalization of development projectsand its impact on the P&L, Balance Sheet, and Cash flow Statement
Displayability to optimize and standardize process workflows and have a trackrecord of driving business improvements based on prior experience.
Preferred Knowledge, Skills, Experience,Capabilities for the role:
Master’sDegree, MBA, CPA or equivalent
Preferencetowards candidates that have worked in an international business settingand have experiences working and communicating with multiple cultures
Strongexperience with data analytics tools (Alteryx, Qlik, Tableau,etc.)
Experiencein Healthcare business and having a good understanding of HealthcareIndustry dynamics, with a special focus on Healthcare diagnostics
Position reports directly to Head of Finance PLM and is based in Norwood, MA USA
About Point of Care:
Siemens Healthineers Diagnostics provides point-of-care products and services that enable healthcare providers to render better patient management and ensure optimized clinical outcomes. From blood gas and urinalysis systems, to diabetes and cardiac analyzers to POC informatics: Siemens strives to be your most trusted source for POC Diagnostics.
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. 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. We recognize that taking ownership of our work allows both us and the company to grow. We offer you a flexible and dynamic environment and the space to move beyond your comfort zone to grow both personally and professionally.
If you want to join us in transforming the way healthcare is delivered, visit our career site at
If you wish to find out more about the specific before applying, please visit: https://usa.healthcare.siemens.com/about .
Organization: Siemens Healthineers
Company: Siemens Healthcare Diagnostics Inc.
Experience Level: Experienced Professional
Job Type: Full-time
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