Commercial Project Analyst - Finance

Benefits

Additional Information

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions. This role is pivotal in ensuring financial accuracy and driving digital innovation. By automating processes and providing clear financial insights, the role supports strategic decision-making and contributes to the overall financial performance of the organization. Some of the key aspects for the success of this role are Autonomy, being an agent of change, standardization, and ownership. Key Responsibilities and tasks: Order Booking Ensuring the accuracy of cost and pricing calculation (inc. ERP) Oversee strategic project plans and commercial execution including contract modifications. Align with finance teams for performance-based contracts and contracts combinations. Lead governance and manage third-party financier relationships. Execute revenue recognition according to FRG and periodic reconciliations and manage balance sheet positions (contract assets, contract liabilities, inventory, account receivables, etc.) including Final clearing of contract assets and contract liabilities, in line with Risk & Internal Controls Monitoring the value flows to ensure quality of books and records. Ensure handover phase (PM100 & PM670) and financial bridges in coordination with Project Manager/Engagement Manager Analyze and monitor invoicing, contractual commitments, penalties, documentation pricing, costs, and margins for contract changes. Lead project budgeting and forecasting, including cash flows. Report on non-conformance and claims, costs and conduct risk analysis and monitor mitigation actions and productivity measures. Ensure adherence to accounting guidelines and system improvements. Supports accountable management in planning and calculating yearly budgets. Consolidate budgets, including top-down and bottom-up plans, and proceeds with revolving midterm plannings, and periodic forecasts during the year. Performs comparisons Actual vs. Plan and pursues effects of agreed measures. Analyzes and evaluates cost structures, and builds, maintains, and improves the depending on cost accounting system. Provides regular business reports, with respect to overall performance, and recommends actions to accountable management. Carries out ad-hoc analyses and profitability calculations. Contributes to conceptual and project work related to controlling. Your Expertise: Drive financial analysis at very complex levels, to determine accuracy and completeness of information, acting as advisor to management providing feedback & recommendations, support actions to improve financial results. Contribute on financial reports development, support on dataset and dashboards for reviews with management financial plans and budgets. Secure conformance to IFRS requirements. Conduct commercial/contract activities, pricing, margin calculations, etc. Form relationships and collaborate across global matrixed functions. Drive continuous improvement, digitalization of processes, tools, collaborative value creation and knowledge sharing. Build effective customer and business relationships to achieve goals in alignment with the strategy. Collaborate with the different areas (Education, Lifecycle, Order Management, Quote to Booking, Digital and Automation, IT, etc.) and lead resources effectively, to achieve financial excellence and business goals. Required Skills, Education and Experience for this position: Bachelor's degree in Accounting, Finance, or Business; MBA desirable. Project Controlling certifications (i.e. PMI or IMPA) are preferred. 3-5 years of progressive analytical experience in mid-long term Project execution and Services environment Excellent written and verbal communication skills. Proficiency in Microsoft Excel. SAP, MS Power Platforms & Qlik experience preferred. Willing to travel, up to 20%. Who we are : We are a team of more than 72,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways. How we work: When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual's potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world's most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For every