Now’s our time to inspire the future of healthcare together. Siemens Healthineers is a leading global medical technology company with over 170 years of experience and 18,000 patents. More than 60,000 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. 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. In addition, Mishawaka has been chosen as the reagent manufacturing site for our new world first product, in our Critical Care franchise, VTLi, within the Cardiac product line. The first reagent from this portfolio is planned to launch in FY22 as the first high sensitivity troponin test at the point of care, with a lab equivalent test result in just 8 minutes with a fingerstick sample. To support the anticipated growth, Point of Care have committed to investing significant capital over the next 5 years with facility development and additional automated manufacturing lines. 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 or manufacturing cost analysis and SAP experience are a plus. Excellent MS Excel skills are required. Previous experience with data analytics tools will give the candidate an advantage. Job duties may be modified or expanded, but typical assignments include: Month end close and monthly reporting: Review balances and ensure journal entries are parked in SAP P41 by deadline on 2nd day of close Ensure reporting is accurate and distributed by 3rd and 4th days of close Ensure alignment of reporting in Jedox and SAP P41 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 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 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 advanced degree, or equivalent combination of education and experience is required. Certification for accounting or financial analysis is a plus. Knowledge: 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: 10+/- years of successful experience in related field and successful demonstration of Key Responsibilities and Knowledge as presented above 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. Going forward, please be aware that Siemens Healthineers requires full COVID-19 vaccination for all new hires by their start date, except where prohibited by state law. Accommodations may be requested for certain medical or religious reasons. If you choose to submit an accommodation request it should be submitted within 3 business days of receiving a verbal offer. Details on how to submit approval will be provided by your recruiter. An accommodation approval must be confirmed prior to your start date. A start date cannot be confirmed until the accommodation has been reviewed. An accommodation is based on your role. If you are a currently a Siemens Healthineers employee with an existing approved accommodation, it will need to be re-evaluated prior to starting a new role. 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 https://usa.healthcare.siemens.com/careers If you wish to find out more about the specific before applying, please visit: https://usa.healthcare.siemens.com/about As an equal-opportunity employer we are happy to consider applications from individuals with disabilities. Why you’ll love working for Siemens Healthineers Be part of exciting and innovative projects that help solve some of the world’s most significant health problems. Engaging, challenging, and fast evolving, cutting edge technological environment. Opportunities to advance your career. Competitive total rewards package. Contribute to our social responsibility initiatives focused on access to education and technology, and sustainability, making a positive impact on communities. Participate in our celebrations and social events. Opportunities to contribute your innovative ideas and get paid for them! Employee perks and discounts. We are globally recognized as an Employer of Choice, but don’t just take our word for it. Here are some of our most recent awards and recognition: Great Place to Work Certified 2021 Best Places to Work for LGBTQ Equality Best for Vets Employers by Military Times Glassdoor Employer Rating: 4.0 Organization: Siemens Healthineers Company: Siemens Healthcare Diagnostics Inc. Experience Level: Experienced Professional Job Type: Full-time Equal Employment Opportunity Statement Siemens 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. To learn more, Click here. 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