Financial Analyst II

Job description

Locations:St. Louis, Missouri
Job Family:Finance

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Job Description

Division: Digital Factory
Business Unit: Product Lifecycle Management-PLM
Requisition Number: 235081
Primary Location: United States-Missouri-St. Louis
Assignment Category: Full-time regular
Experience Level: Mid level
Education Required Level: Bachelor's Degree
Travel Required: No

Division Description:

Siemens is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. As a global technology company, Siemens is rigorously leveraging the advantages that this setup provides. To tap business opportunities in both new and established markets, the Company is organized in nine Divisions: Power and Gas, Wind Power and Renewables, Energy Management, Building Technologies, Mobility, Digital Factory, Process Industries and Drives, Healthineers and Financial Services.

The Siemens Digital Factory Division offers a comprehensive portfolio of seamlessly integrated hardware, software and technology-based services in order to support manufacturing companies worldwide in enhancing the flexibility and efficiency of their manufacturing processes and reducing the time to market of their products.

For more information, please visit:http://www.siemens.com/businesses/us/en/digital-factory.htm

Job Description:

Position Overview:

Responsible for analyzing sales transactions and processing disbursements related to the outbound royalty program. Supports operational aspects including working closely with various stakeholder groups including the Software & Technology Partner program office, legal, product management within the development organizations, Zone Finance teams, Pricing Management Office, and GSM&S. Provides support to the monthly close process and the royalty accrual process. Ensures timeliness, accuracy, completeness, and approvals with respect to all outbound royalty payments, as calculated by the royalty application Vistex based on the applicable vendor agreement and sales order transactions. Review and provide feedback on proposed new and/or revised royalty arrangements to ensure efficiency of administration and payment processing. Actively involved in special projects and analysis requests (such as integration of acquisitions, new business or accounting models, cost savings opportunities, etc.). Identify and pursue remediation of low or negative margin transactions involving royalty products for assigned agreements. The Royalty Analyst operates under general supervision, reporting to the Manager, Royalty Reporting & Disbursements.

Responsibilities:

·  Follows existing department policies, guidelines, systems, and standards applicable to the outgoing royalty processes
·  Performs moderately complex financial analyses specific to involving outbound royalty calculations, payments, product revenues, royalties, and profitability.
·  Ensures adequate funding exists on royalty-related purchase orders, replenishes with purchase requisitions as needed
·  Prepares royalty payments to comply with vendor agreements
·  Follows established department and system workflows to obtain appropriate approvals
·  Releases payments on a timely basis to meet contractual obligations
·  Analyzes customer and product profitability.
·  Ensure that quality and control standards are met
·  Liaison with other involved / interested parties both up-process and down-process (Legal, S&T partner program office, GSM&S, product management, PMO, Tax, Treasury, Finance)
·  Maintain a continuous innovation / improvement environment

Required Knowledge/Skills, Education, and Experience:

·  BS/BA in a business area or equivalent experience
·  1+ years of relevant business experience, preferably in the finance field
·  Ability to work across organizations and technical disciplines (E.g., good teamwork, interpersonal, and collaboration skills)
·  Must have Excel skills at the mid-to-advanced level
·  Strong analytical and problem solving skills

Qualified Applicants must be legally authorized for employment in the United States. Qualified Applicants will not require employer sponsored work authorization now or in the future for employment in the United States.

Preferred Knowledge/Skills, Education, and Experience:

·  Experience with SAP/Vistex
·  3 + years relevant financial analysis experience

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, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, 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 .

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