Closing and Financial Reporting Manager (Malvern, PA)
Job description
Do you want to join us in helping to fight the world’s most threatening diseases and enabling access to care for more people around the world? At Siemens Healthineers, we pioneer breakthroughs in healthcare. For everyone. Everywhere.
We offer you a flexible and dynamic environment with opportunities to go beyond your comfort zone in order to grow personally and professionally. Sound interesting? Then come and join our global team as a Closing and Financial Reporting Manager. This will be a hybrid position based out of our Malvern, PA office.
Our global team: We are a team of 66,000 highly dedicated employees across more than 70 countries passionately pushing the boundaries of what’s possible in healthcare to help improve people’s lives around the world. As a leader in the industry, we aspire to create better outcomes and experiences for patients no matter where they live or what health issues they are facing. Our portfolio, spanning from in-vitro and in-vivo diagnostics to image-guided therapy and innovative cancer care, is crucial for clinical decision-making and treatment pathways.
Our culture: We are part of an incredible community of scientists, clinicians, developers, researchers, professionals, and skilled specialists pushing the boundaries of what’s possible, to improve people’s lives around the world. We embrace a culture of inclusivity in which the power and potential of every individual can be unleashed. We spark ideas that lead to positive impact and continued success. Check our Careers Site at https://www.siemens-healthineers.com/en-us/careers.
Position Overview
The Closing and Financial Reporting Manager will be a key contributor to the highly dynamic Siemens Healthineers North America (NAM) Finance Performance Controlling team. The role reports to Director, Finance (Performance Controlling – Closing & Financial Reporting) and contributes to a healthy team environment in a high-performance culture.
The successful candidate will be the key player in the NAM Diagnostic (DX) closing, reporting and analysis processes. This position will interact with many layers and functions of the organization including Diagnostic business area, Contract Accounting, Service, Commissions and GL Accounting teams to ensure success.
Responsibilities
Specific responsibilities include the following:
- Lead the NAM DX closing from the business side. This includes alignment with the business on key journal vouchers to be booked (both standard monthly and ad hoc, as required), ensuring proper timing of SAP jobs to be run in conjunction with the accounting team, and ongoing analysis to ensure proper statement of books & records.
- Perform critical trend and variance analyses during monthly close process, and completion of P&L and Balance Sheet Analytics to meet several requirements:
- Validation that monthly financials are accurate prior to closing the books
- Provide initial indications to management regarding financial results for the month, including key drivers
- Interaction with Business Areas to derive monthly closing commentary and variance drivers
- Analyze and forecast key positions such as Commission and warranty expenses.
- Owner of complex processes such as Cash Based Accounting, rebate/discount accrual, warranty accrual, inside and outside commission accrual
- Collaborate with the global and the zone accounting teams to ensure in compliance with the reporting guidelines
- Perform account reconciliations for accounts and participate in quarterly audit activities.
- Maintain and perform key controls in scope of closing and reconciliation activities.
- Deep dive analysis on balance sheet accounts, contribute to quarterly review meetings, monitor key balance sheet accounts to ensure no potential risks
- Contribute to the annual Puerto Rico audit and quarterly filings
- Collaborate and engage with stakeholders to identify, evaluate, develop, and drive opportunities for digitalization and automation to streamline and simplify existing workflows
Required Knowledge/Skills, Education, and Experience
- 10+ years of successful experience in monthly close activities and various types of financial analysis within accounting or controlling
- Applied experience and knowledge of IFRS
- Strong technical SAP knowledge and experience in FICO module
- Ability to interface with upper management and cross-functional colleagues in a professional manner
- Solid professional judgment and problem-solving competence
- Ability to manage deadlines and prioritize in a fast-paced environment with minimal supervision
- Highly proficiency with Microsoft Excel, experience with Knime, Jedox, and power BI is desired
- Proactively shares knowledge within own team and ability to cultivate a collaborative working environment
- BA/BS degree in Finance, Business, or related area, an MBA or CPA is preferred.
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.
Beware of Job Scams
Please beware of potentially fraudulent job postings or suspicious recruiting activity by persons that are currently posing as Siemens Healthineers recruiters/employees. These scammers may attempt to collect your confidential personal or financial information. If you are concerned that an offer of employment with Siemens Healthineers might be a scam or that the recruiter is not legitimate, please verify by searching for the posting on the Siemens Healthineers Career Site.
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.
- LI-WC1
Organization: Siemens Healthineers
Company: Siemens Medical Solutions USA, Inc.
Experience Level: Experienced Professional
Full / Part time: 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.
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