Job Description
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. Key Responsibilities Actively support the implementation of a new SAP platform (P58), with particular focus on defining new workflow for Contract Revenue setup in the financial module, including contractual performance obligations and tracking mechanisms to ensure adequate revenue recognition at contract level. Track customer contracts over their lifecycle (from contract booking to cancellation) and account for financial impacts into the company books and records, ensuring adequate revenue recognition and financial impacts from leasing and contingent components (such as contract compliance to volume commitments). Good understanding of accounting principles, including Multiple Element Arrangements (“MEA” – IFRS 15), Contract Combinations, and Leasing (IFRS 16) in the medical device industry. Ensure timely registration and updates of customer contracts in the SAP financial module, ensuring accurate management of contractual performance obligations and consequently revenue recognition at contract level. Reconcile Revenue Recognition postings by contract ensuring reporting accuracy, as well as prepare complex monthly account reconciliations and in- depth analysis of various contract types and balance sheet and P&L accounts associated with Customer Contracts. Contribute to cross-functional projects with accounting and financial expertise to enhance business efficiency and performance, including digitalization initiatives. Ensure proper Contract Revenue Recognition, driving accuracy and compliance of financial records/internal controls and proactively support internal and external auditors. Manage a team of 10-15 Contract Revenue Analysts, a transactional organization, that will be responsible for executing the registration of customer contracts into SAP P58 finance module, and update of expected customer volumes in a quantity Management System (AQM system). Organize, lead, and coordinate Contract Revenue Operations for North America Diagnostics Business (US. And Canada). Qualifications And Experience Bachelor’s or Master’s degree in Finance, Accounting, Business Administration, or a related field. Minimum 5-8 years of experience in a finance or accounting setting Minimum 3-5 years of experience of leadership experience, including people management and team development. Demonstrated expertise in finance with specialized knowledge of IFRS 15. Strong understanding of financial value flows, accounting rules, and regulatory frameworks. Proven experience communicating financial information and insights to stakeholders at various levels. Experience with SAP P58 or similar contract accounting systems is strongly preferred. Demonstrated experience in ERP implementation and integration, a plus. Language requirement: Proficiency in English (Spanish would be a plus). Skills And Competencies Excellent with processes, workflow-oriented mindset Strong analytical mindset and the ability to evaluate complex financial data. Excellent communication and interpersonal skills. Ability to lead teams, drive accountability, and build a collaborative environment. Strong organizational skills with the ability to manage multiple priorities in a fast‑paced setting. 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 everyone. Everywhere. Sustainably. To find out more about Siemens Healthineers businesses, please visit our company page here. The Base Pay Range For This Position Is $114