Siemens

Financial Analyst

Siemens$61K — $105K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance or Accounting required
  • 3+ years of experience in cost and variance analysis
  • Strong background in inventory controls and management
  • Intermediate proficiency with Microsoft Excel (V-lookups, Pivot tables)
  • Familiarity with Tableau, Knime/Alteryx, or Snowflake
  • Intermediate SAP experience preferred
  • Effective leadership skills in cross-functional environments

Responsibilities

  • Analyze plant financials to enhance organizational results
  • Implement digital solutions for operational reporting
  • Manage and prepare inventory reserves and cycle counts
  • Provide financial reporting and variance analysis to management
  • Generate ad hoc reports for various local leadership teams
  • Advise and resolve complex issues across departments
  • Support the forecasting, budgeting, and CAPEX control processes
  • Perform costing for new products and revisions.

Benefits

  • Comprehensive health and wellness benefits
  • Flexible hybrid work schedule (2-3 remote days)
  • Opportunities for personal and professional growth
  • Access to Siemens' training and development programs
  • Supportive work environment focused on collaboration
Full Job Description
Financial Analyst

The Financial Analyst will report directly to the Plant Controller and will support the local manufacturing operations located in Grand Prairie, Texas.

The analyst will communicate and respond to any inter-departmental requests, such as Corporate Team, Fixed Asset Team, Internal Audit Team. The successful candidate will also drive the digitalization of reporting, analysis and planning of plant operations. This role will perform various finance and accounting tasks with direct impact on the financial performance of the plant.

**This is a hybrid position, the selected candidate can work remotely 2-3 days per week in Grand Prairie.

You will make an impact by:
  • Provides expert analysis on plant financials in order to improve the results of the organization
  • Drives implementation of digital solutions for plant
  • Performs and supports inventory management (including inventory reserve preparation) and cycle count process
  • Provides financial reporting and variance analysis to both local and HQ management teams
  • Handles Ad hoc reporting for Controller, Plant Manager, Continues Improvement Teams (CIP) and other local management teams
  • Acts as an advisor that troubleshoots and resolves complex problems within multi-departments and/or cross-functional areas
  • Supports forecasting and budgeting process as well as CAPEX controlling
  • Supports Month-end & ongoing reporting including: PUMA/Productivity, P&L, Balance Sheet, Capital Spending (CAPEX), Inventory, Reserves, Warranty, and Journal Entries
  • Perform costing activities for new products, BOM revisions, and quoting for Product Management Team

You'll win us over by having the following qualifications:

Basic qualifications:
  • Bachelor's degree or higher in either Finance or Accounting
  • 3+ experience in cost and variance analysis and inventory controls
Preferred qualifications:
  • In-depth understanding of Cost Accounting and Bill of Material setup
  • Experience in inventory controls and management
  • Experience in Variance Analysis and Financial Reporting
  • Intermediate proficiency with Microsoft Excel (e.g. V-lookups, Pivot tables etc.)
  • Basic understanding of Microsoft products (Outlook, Teams, Word, and PowerPoint)
  • Knowledge of Tableau, Knime/Alteryx, Snowflake
  • SAP experience-Intermediate level
  • Intermediate Leadership skills
  • In-depth understanding of Accounting/Finance concepts

You'll Benefit From
Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html
The pay range for this position is $61,547 - $105,509 annually. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.

About Siemens

Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad. The principal divisions of the company are Industry, Energy, Healthcare, and Infrastructure & Cities, which represent the main activities of the company. The company is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the company's total sales, is its second-most profitable unit, after the industrial automation division. The company is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 385,000 people worldwide and reported global revenue of around €87 billion in 2019 according to its earnings release.
Learn more about Siemens
Size
305,000 employees
Industry
Founded
1847
NASDAQ

Similar Jobs

More Jobs at Siemens

More Manufacturing & Automotive Jobs

Find similar Financial Analyst jobs: