Factory Financial Analyst

Siemens Energy

$95K — $115K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field
  • 5+ years of experience in accounting, finance, or factory controlling within an industrial environment
  • Strong knowledge of cost accounting and manufacturing finance
  • Advanced proficiency in SAP, Microsoft Excel, Power BI, and financial reporting tools
  • Excellent analytical, business partnering, and communication skills
  • Legally authorized for employment in the United States without sponsorship.

Responsibilities

  • Lead factory controlling activities by maintaining standard costs and ensuring accurate product costing
  • Analyze manufacturing performance by monitoring variances and providing actionable recommendations
  • Manage inventory processes including reserve calculations and financial oversight
  • Support financial planning activities such as budgets, forecasts, and performance reporting
  • Partner with business leaders to evaluate financial performance and drive continuous improvement
  • Collaborate with cross-functional teams to enhance financial processes and reporting capabilities.

Benefits

  • Career growth and development opportunities; supportive work culture
  • Company paid health and wellness benefits
  • Paid Time Off and paid holidays
  • 401K savings plan with company match
  • Family building benefits
  • Parental leave
Full Job Description
A Snapshot of Your Day

As a Financial Analyst - Factory Controller supporting the Steam Turbine and Generator business in North America, you will provide financial planning, cost controlling, and performance analysis to help achieve the organization's financial and operational objectives. You will partner closely with Operations, Manufacturing, Supply Chain, and Finance leadership to optimize factory performance, monitor costs, support forecasting and budgeting activities, and deliver meaningful financial insights that drive informed business decisions. Your work will ensure accurate financial reporting, strong cost controls, and continuous process improvements across the manufacturing organization.

How You'll Make an Impact

  • Lead factory controlling activities by maintaining standard costs within the ERP system, performing annual cost revaluations, analyzing standard-to-actual production costs, and ensuring accurate product costing and financial reporting
  • Analyze manufacturing and operational performance by monitoring labor, material, overhead, yield, absorption, inventory, and departmental spending variances against budget and forecast while providing actionable recommendations to improve business performance
  • Manage inventory controlling processes, including inventory reserve calculations, cycle count controls, safety stock analysis, inventory valuation, and financial oversight to ensure accurate inventory reporting and compliance with company policies
  • Support financial planning activities by leading annual budgets, monthly forecasts, financial modeling, capital project reporting, general ledger analysis, and performance reporting to improve financial transparency and decision-making
  • Partner with business leaders across New Unit, Service, Manufacturing, and Operations organizations to evaluate financial performance, challenge assumptions, identify risks and opportunities, and drive continuous improvement initiatives that optimize cost and operational efficiency
  • Collaborate with cross-functional stakeholders to enhance financial processes, strengthen internal controls, improve reporting capabilities, and deliver high-quality financial analysis that supports strategic business objectives

What You Bring

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field
  • 5+ years of experience in accounting, finance, factory controlling, manufacturing finance, financial planning and analysis, or a related finance role, preferably within an industrial or manufacturing environment
  • Strong knowledge of cost accounting, manufacturing finance, budgeting, forecasting, inventory controlling, financial reporting, variance analysis, and ERP systems, with experience supporting complex financial analyses and operational performance
  • Advanced proficiency with SAP, Microsoft Excel, Power BI, and other financial reporting and data visualization tools, with the ability to independently manage financial reporting, forecasting, and analytical processes
  • Excellent analytical, business partnering, communication, organizational, and process improvement skills with the ability to influence business decisions, manage multiple priorities, and collaborate effectively across Finance, Operations, Manufacturing, and leadership teams
  • Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization. Siemens Energy employees with current visa sponsorship may be eligible for internal transfers.
About the Team

Transformation of Industry

Our Transformation of Industry division is decarbonizing the industrial sector. Increasing electrification and efficiency are key and demand for green H2 and derivative fuels will rise. We enable decarbonization of the industrial sector and the transition to sustainable processes, building on a strong industrial customer base, a global network, diverse technologies, and integrated execution capabilities.

Rewards

  • Career growth and development opportunities; supportive work culture
  • Company paid Health and wellness benefits
  • Paid Time Off and paid holidays
  • 401K savings plan with company match
  • Family building benefits
  • Parental leave

https://jobs.siemens-energy.com/jobs

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