Senior Financial Analyst - R&D Diagnostics Point of Care

    • Norwood, MA

At Siemens Healthineers, we are passionate about enabling healthcare professionals to deliver high quality patient care, and to do so affordably. A leading global healthcare company, Siemens Healthineers continues to strengthen our portfolio of medical imaging and laboratory diagnostics, while adding new offerings such as managed services, consulting, and healthcare IT services - as well as further technologies in the growing market for therapeutic and molecular diagnostics.

Siemens Healthineers develops innovations that support better patient outcomes with greater efficiencies, giving providers the confidence they need to meet the clinical, operational and financial challenges of a changing healthcare landscape.

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 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 ambitious professional, looking for the next step in their career. As a Senior Financial Analyst, you will be responsible for:

  • Guiding the analysis of financial results to determine accuracy and completeness of information.
  • Developing various financial reports and reviews with management on financial plans and budgets. Specific tasks include determining and discussing financial analysis at very complex levels including rate of return, depreciation, working capital, investments, budgeting, and financial and expense performance comparisons.
  • Guiding and maintaining conformance to IFRS requirements, and coordinate with auditors
  • Driving and optimizing monthly forecast process and making recommendations to management about specific actions needed to deliver on targets using data-driven decision-making process, aligning organization and collaborating with stakeholders on a monthly basis to implement targeted performance improvement. Specific analytics include monthly forecast and actual variances, gathering and evaluating key project activities and status impacting forecasts to senior management team.
  • Acting as a world-wide Controller / Financial partner for POC R&D to establish and drive attainment of R&D, cash flow and productivity targets. Areas of management include driving R&D annual budget process and 5-year strategic plan. Report global R&D results to internal finance team and external cross-functional groups within Siemens Healthineers.
  • Conducting Financial Project Plans for ongoing and new R&D projects
  • Conducting Quarterly ASTAR reporting and compliance certification.
  • Conducting Quarterly R&D tax surveys and compliance.
  • Maintaining functional independence and provide a controlling function with proactive communication and analysis to the BU
  • Approximately 10% travel required.
Required Knowledge, Skills, Experience, Capabilities for the role:
  • Education: Bachelor's Degree in Accounting, Finance, or Business

  • Experience: minimum of 8 years of progressive analytical and controlling experience, with demonstrated career progression in a similar environment.

    Competencies:
  • Ability to distill business processes and results into actionable information for senior leadership, very strong presentation skills.
  • Ability to analyze as well as organize and quality orientation is a main requirement for the controlling area. Arranging and balancing activities to comply with various tasks and due dates is also key requirement
  • Very good communication and networking skills, result and quality orientation as well as a pro-active attitude, including an appropriate intercultural sensitivity and ability to establish virtual networks across cultures and locations.
  • Excellent team player: Ability to manage horizontal teams and lead cross-functional effort. Have worked with cross functional disciplines and coordination of business operations, finance, accounting, audit and external personnel across various levels
  • Knowledge and experience in project management. Strong attention to detail and strong analytical ability
  • Displays excellent business acumen and understanding of complex organizational structures, reporting structures & process and the budget and forecast process.
  • Strong systems skill in SAP, expert Excel and PowerPoint capabilities.
  • Knowledge and experience in project management. Strong attention to detail and strong analytical ability

  • SAP experience, including SAP BW (Data Warehouse reporting).
  • Be well versed with Healthcare R&D developmental methodology and requirements.
  • Understand and apply the concept of intangible capitalization of development projects and its impact on the P&L, Balance Sheet, and Cash flow Statement
  • Display ability to optimize and standardize process workflows and have a track record of driving business improvements based on prior experience.


Preferred Knowledge, Skills, Experience, Capabilities for the role:

  • Master's Degree, MBA, CPA or equivalent
  • Preference towards candidates that have worked in an international business setting and have experiences working and communicating with multiple cultures
  • Strong experience with data analytics tools (Alteryx, Qlik, Tableau,etc.)
  • Experience in Healthcare business and having a good understanding of Healthcare Industry 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.

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 .

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Organization: Siemens Healthineers

Company: Siemens Healthcare Diagnostics Inc.

Experience Level: Experienced Professional

Job Type: Full-time

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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.

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