Financial Analyst

  • Siemens
  • Minnetonka, MN, USA
  • Jun 18, 2020

Job Description

The Company Siemens Corporation is a U.S. subsidiary of Siemens AG, a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. Siemens is one of the leading global suppliers of products, systems, solutions, and services for the economical, reliable, and intelligent transmission and distribution of electrical power. Electrical energy makes the world go around. No matter where power comes from or where it has to go, we make sure it makes it’s way – every step of the way! As the trusted partner for the development and extension of an efficient and reliable power infrastructure, Siemens offers utilities and the industry the portfolio they need. This includes facilities and systems for the low-voltage and distribution power grid level, smart grid and energy automation solutions, power supply for industrial plants, and high-voltage transmission systems. Siemens is represented in more than 90 countries, with over 300,000 employees worldwide, and more than 100 production sites worldwide. Digital Grid The Business Unit Digital Grid is the leading global supplier of products, systems, solutions, and services for the economical, reliable, and intelligent transmission and distribution of electrical power. Energy systems are changing dramatically and in the world of digitalization, automation, and electrification the Digital Grid portfolio has products, solutions, and services to meet the most demanding challenges. We have major locations in Minneapolis, MN; Foster City, CA; Schenectady, NY; Houston, TX; and Wendell, NC. Siemens Digital Grid – Ahead of the Challenge – Ahead of the Change! We are looking for the best talent to shape the technology of the future. Come expand your career in one of the best companies world-wide! Position Scope Performs financial and operational analysis to support business growth. Position Responsibilities (not all inclusive) Provides key insights from business operations to Segment Controller and business leads to achieve business results; Coordinates month end closing activities for assigned Digital Grid Software & Consulting segment together with the Segment Controller and the Digital Grid accounting team, to ensure data accuracy and high quality of monthly financial reports; Responsible for financial analysis: timely delivery of reporting packages with high quality, provides comments and alerts, including performing cost analysis against budgets and /or forecasts and preparation of variance analysis reports to allow for corrective action where necessary; Review of balance sheet & income statement with its corresponding reconciliations; Ensures compliance with Siemens FRGs, IFRS and US GAAP in relation to accounting & financial reporting; Working together with the Segment Controller and business leads for budgeting and forecasting; Leads the monthly Project Review and Action Meetings through Project Server on Demand and Tableau, including working together with line managers to ensure accuracy of financial information; Supports Operational Excellence topics, including sales pipeline management together with sales executives and review and analysis of Tableau operational data; Supports the preparation of internal management reports, including presentation, performance reviews, and other ad hoc reports, in the various formats (i.e. Power Point; Excel) as required; Supports Segment Controller for bid reviews; Provides financial advice to operating units/functional organizations on accounting issues and special transactions; Assists in special projects like M&A transactions & the successful integration of acquired business; Raises and consolidates forex hedging forms to SFS Currency Manager on monthly basis; Manages all Service Level Agreements for the Digital Grid Software & Consulting segment, including ensuring accurate monthly/ quarterly back charging of Service Level Agreement cost; Any other ad-hoc related projects. Position Requirements Minimum of a Bachelor degree in Finance/Accounting. MBA preferred. Typically 8-10 years experience in the finance / accounting area, MNC experience is a plus. Advanced Microsoft Office skills, esp. Excel, Word & Power Point. Working knowledge of Think Cell is a plus. Good working knowledge of SAP. Good ownership and excellent communication & interpersonal skills - strong collaboration approach. Solid accounting skills with ability to demonstrate an understanding & interpretation of key financial statements. Visionary with the ability to analyze company data to influence business decisions to support the business performance. Self-disciplined with strong time management skills. Ability to work under pressure in fast paced and dynamic environment. Ability to demonstrate initiative with flexible & proactive approach to work. Willingness to learn & develop. Travel is required with this role. #LI-BJ1 Organization: Smart Infrastructure Company: Siemens Industry, Inc. Experience Level: Experienced Professional Job Type: 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. EEO is the Law Applicants and employees are protected under Federal law from discrimination. To learn more, Click here. Pay Transparency Non-Discrimination Provision Siemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here. California Privacy Notice California residents have the right to receive additional notices about their personal information. To learn more, click here.