SCM Financial Analyst

Job Description

Siemens Healthineers is building tomorrow’s talent. Shape the future with us.

We are looking for dedicated and talented people who tackle ever-changing challenges, customer needs, and questions from colleagues with clever concepts and creativity. We embrace change and work with curious minds re-inventing the future of work. Join us and let us focus together on what’s truly important: making lives better with new ideas and the latest technologies around the world.

Why you’ll love working for Siemens Healthineers;

• Freedom and a healthy work-life balance – Embrace our flexible work environment with flex hours, telecommuting and digital workspaces.
• 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.
• Rewarding vacation entitlement with the opportunity to buy and sell your vacation depending on your lifestyle.
• 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.
• Diversity and inclusivity focused.
• Siemens Healthineers is proud to be a Great Place to Work-certified company® in Canada for 2020-2021, 2021 Best Workplaces in OntarioTM, and 2021 list of Best WorkplacesTM for Women.

As a leading medical technology company, Siemens Healthineers enables healthcare providers to increase value by empowering them on their journey towards expanding precision medicine, transforming care delivery, improving the patient experience, and digitalizing healthcare. Siemens Healthineers is continuously developing its product and service portfolio, with AI-supported applications, digital services and clinical Point of Care diagnostic products, that play an increasingly important role in the next generation of medical technology. These new applications will enhance the company’s foundation in in-vitro diagnostic, image-guided therapy, and in-vivo diagnostics. Siemens Healthineers also provides a range of services and solutions to enhance healthcare providers’ ability to provide high-quality, efficient care to patients.

Siemens Healthineers in Canada stands for engineering expertise with a pioneering spirit in exploring and developing business opportunities to help healthcare providers achieve their goal of improving outcomes while reducing costs. Our 800 employees in Canada located across Canada and 54,000 worldwide, work together to deliver solutions for healthcare providers, resulting in 70% of medical decisions being influenced by the technologies we provide.

Our i m p a ct:

• 70% of critical clinical decisions are influenced by the type of technology we provide.

• More than 31 million Canadians benefit from Siemens Healthineers products every year.

• An average of 85,000 Canadians per day receive treatment or tests from a Siemens Healthineers device.

• Siemens Healthineers participates in 30 healthcare research collaborations in Canada and around the world.

https://www.healthcare.siemens.ca/healthcare-company-profile/about

Position Overview:

Siemens Healthineers Point of Care Diagnostics (POC) Supply Chain Management (SCM) is seeking a financial analyst to support in the upgrading of SCM controlling, providing financial support to the OEM, Procurement and Demand Planning teams, with significant focus on budget, forecast and actual results reporting, coupled with excellent data analytics. The candidate must possess the ability to support business partners proactively and successfully in understanding actual performance and future projections and can bring expertise to the role through previous data analytics experience.

The candidate will proactively seek opportunities to improve current state in all aspects of the role, specifically by upgrading existing reporting and identifying productivity/efficiency/improvement potential in the financials. The ability to meet stakeholders and create strong relationships across the organization will be key to the success of the role.

Duties & Responsibilities:

Monthly

· OEM: preparation and consolidation of monthly POC OEM financial results and forecast submissions including P&L (including margin, spending, and variance analysis), productivity, inventory, CAPEX, scrap, and volume analysis.

· Logistics: provide transparency with logistics costs, including actuals and forecast, with a primary focus on other cost of goods sold (scrap/reserves) and inventory at the 4 primary Distribution Centers (ADC, AIDC, EDC, EIDC). In addition, work with LD Logistics team to gain full transparency on cost reporting and allocations for POC and highlight opportunities to reduce cost in logistics.

· Rapids: reporting of monthly Rapids financial results and forecast submissions including shipments, cost of goods sold, other cost of goods sold, and inventory.

· OEM/Rapids: preparation and input of standard and ad hoc journal entries.

· OEM: provide monthly/annual input for Jedox reporting system for OEM.

· Procurement: preparation of monthly CNI reporting for Head of Procurement and Commodity Managers.

· Procurement: preparation and submission of monthly actual and forecast data uploads to SCMCoRe for POC HQ PVO/CNI.

· Procurement: work with the team on productivity reporting, facilitate estimates for pipeline ideas, review project calculations for accuracy, and update financial and status information in reporting system

· General: identify, log, and communicate areas of opportunity and risk with underlying factors and risk mitigations.

· General: preparation and input of standard and ad hoc journal entries

· General: interaction with finance and non-finance stakeholders at multiple locations.

Annual

· OEM: preparation, consolidation, analysis, and reporting of annual budget submissions for POC OEM with focus on Total Cost, Standard Product Costs and Net Manufacturing Contribution.

· Logistics: provide transparency with logistics costs, with a primary focus on other cost of goods sold (scrap/reserves) and inventory at the 4 primary Distribution Centers (ADC, AIDC, EDC, EIDC).

· Procurement: prepare and submit annual budget data upload to SCMCoRe for POC HQ PVO/CNI.

Capabilities Required for the Position:

· Education: Bachelor’s Degree in Accounting, Finance, or Business.

· Experience: ~5-10 years of progressive analytical and controlling experience, with demonstrated career progression in a similar environment. Previous related SCM Finance experience or interaction with SCM Finance related activities is a plus.

· Demonstrated experience with data analytic tools (Alteryx, PowerBI, Qlik, Tableau,).

Competencies Required for the Position:

· Ability to critically analyze data in an efficient way, using data analytic tools where applicable.

· Ability to present data in a clear and easy to understand, actionable format, to allow senior leadership to make informed decisions.

· Strong systems skills in SAP, expert Excel and solid PowerPoint skills. SCMCoRe knowledge is a plus.

· 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 work with cross functional disciplines and personnel across various levels.

· Strong appreciation for the importance of ensuring accuracy in all levels of financial reporting

· Ability to analyze and organize with quality in mind is a main requirement for the position.

· Ability and desire to plan, control, and contribute to solving complex problems.

· Self-driven and resourceful to meet deadlines, achieve goals, work independently as well as in teams.

· Flexibility to multi-task and adjust to changing requirements, schedules, and priorities – ability to work under pressure to meet deadlines.

· Proven critical thinking skills and ability to apply technical guidelines to accounting problems.

Key Contacts/Direction of others

· Role officially reports to VP Controller, POC Supply Chain Management due to 3 report rule for managers

· Position reports directly* to OEM & Projects Controller, POC Supply Chain Management and indirectly to Ray Perez, Procurement Manager

· This role is an individual contributor role.

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.

General Requirements

Job Family Responsibilities:

Performs leading-edge areas of work for the professional field. Preempts potential problems and provides effective solutions in reaction to application of concepts, techniques, knowledge, or processes. Displays original thinking in applying principles, theories, and concepts on a wide range of problems.

Knowledge and Experience:

Demonstrates extensive knowledge in field of specialization or multiple disciplines to the successful completion of complex assignments. Successfully serves as point of authority and/or source of technical knowledge for area of expertise. Demonstrates comprehensive knowledge of organization's business practices and issues faced and contributes to problem resolution of those issues.

In our continued commitment to prioritize colleague health, comply with customer/business partner requirements, and help preserve our business continuity, Siemens Healthineers requires employees, contractors, and business partners to be fully vaccinated with relevant dose(s) of a Health Canada approved vaccine for all new hires by their start date.

“Fully vaccinated” means it has been 14 days after receiving the full series of a COVID-19 vaccine or combination of COVID-19 vaccines approved by Health Canada (i.e. two doses of a two-dose vaccine series, or one dose of a single-dose vaccine series), and which may include, at the Company’s discretion, any further doses in accordance with Health Canada guidelines.

Exemptions will only be granted for medical reasons or on the basis of a protected ground under applicable human rights legislation.

Organization: Siemens Healthineers

Company: EPOCAL INC.

Experience Level: Mid-level Professional

Job Type: Full-time

Siemens is committed to creating a diverse environment and is proud to be an equal opportunity employer. Upon request, Siemens Canada will provide reasonable accommodation for disabilities to support participation of candidates in all aspects of the recruitment process. All qualified applicants will receive consideration for employment.
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