Siemens

Financial Analyst

Siemens • $73K — $126K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance or Accounting
  • 5+ years of experience in cost and variance analysis and inventory controls
  • In-depth understanding of Cost Accounting and Bill of Material setup
  • Experience with inventory management and controls
  • Familiarity with variance analysis and financial reporting
  • Intermediate proficiency in Microsoft Excel (e.g. V-lookups, Pivot tables)
  • Knowledge of data analysis tools like Tableau, Knime/Alteryx, Snowflake

Responsibilities

  • Analyze plant financials to enhance organizational performance
  • Implement digital solutions for improved reporting and analysis
  • Manage inventory procedures, including inventory reserve preparation and cycle counts
  • Provide financial reporting and variance analysis to management teams
  • Produce ad hoc reports for local management and improvement teams
  • Resolve complex problems across multiple departments as an advisor
  • Support forecasting, budgeting, and CAPEX controlling processes
  • Assist with month-end reporting including P&L, balance sheet, and inventory metrics

Benefits

  • Comprehensive health and wellness benefits
  • Flexible hybrid working model (remote 2-3 days per week)
  • Opportunities for professional development and training
  • Access to advanced financial and analytical tools
  • Engagement in a company committed to digital transformation
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.

Please note: Initial job training will take place in Grand Prairie, TX. Long-term work location will be North Fort Worth, TX."

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
  • 5+ 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 $73,685 - $126,317 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 Finance & Insurance Jobs

Find similar Financial Analyst jobs: