Sr Financial Analyst - Strategy & Portfolio Management

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.

The Senior Financial Analyst role in Siemens Healthcare Point of Care will initiate, execute and evaluate effectiveness of planning, analysis and reporting activities within the business area. As part of a team, and through best in class, data-driven analytics, this role will partner and/or lead cross-functional teams for strategic and tactical decision making; will be a lead role in generating financial insights in short term and long term strategic global results, with focus on efficient capital allocation. This role will have responsibility for developing leading financial business case dialog for major R&D investments and new business development. In addition, this position will be the finance lead for strategy and new business opportunities.

As a Senior Financial Analyst, you will be responsible for: 

• Guiding the analysis of financial results to determine accuracy and completeness of information.
• Developing various financial reports and reviews with management on financial plans and budgets. Specific tasks include determining and discussing financial analysis at very complex levels including rate of return, depreciation, working capital, investments, budgeting, and financial and expense performance comparisons.
• Guiding and maintaining conformance to IFRS requirements, and driving discussions with internal and external auditors
• Driving and optimizing financial performance for R&D  and Capital investment projects and making recommendations to management about specific actions needed to deliver on targets using data-driven decision-making process, aligning organization and collaborating with stakeholders on a monthly basis to implement targeted performance improvement. Specific analytics include monthly forecast and actual variances as well as longer term strategic trends, gathering and evaluating key project activities and status impacting forecasts to senior management team.
• Conducting Financial Project Plans for ongoing and new R&D projects
• Ad-hoc analysis to help the business understand a return on investment (ensuring future benefit is aligned with cost & effort to realize)
• Analyzing product profitability in short term and longer term trends,  highlighting key insights and recommendations to portfolio management team regarding product life cycle costs

Required Knowledge, Skills, Experience, Capabilities for the role:

• Education: Bachelor’s Degree in Accounting, Finance, or Business
• Experience: 5-10 years of progressive analytical and controlling experience, with demonstrated career progression in a similar environment.

Competencies:

• Ability to distill business processes and results into actionable information and storyline for senior leadership, very strong presentation skills.
• The candidate must possess the ability to proactively engage internal customers at various levels of the organization, facilitate healthy channels for communications, and successfully support the R&D and Portfolio management teams in understanding actual performance as well as future strategic impacts.
• Very good communication and networking skills, result, and quality orientation as well as a pro-active attitude, including an appropriate intercultural sensitivity and ability to establish virtual networks across cultures and locations.
• Excellent team player: Ability to manage horizontal teams and lead cross-functional effort. Have worked with cross functional disciplines and coordination of business operations, finance, accounting, audit and external personnel across various levels
• Knowledge and experience in project management. Strong attention to detail and strong analytical ability
• Displays excellent business acumen and understanding of complex organizational structures, reporting structures & process and the budget and forecast process.
• Strong systems skill in SAP, expert Excel and PowerPoint capabilities.
• Knowledge and experience in project management. Strong attention to detail and strong analytical ability
• SAP experience, including SAP BW (Data Warehouse reporting).
• Be well versed with Healthcare R&D developmental methodology as well as the global Point of Care Diagnostics Healthcare industry
• Understand and apply the concept of intangible capitalization of development projects and its impact on the P&L, Balance Sheet, and Cash flow Statement
• Display ability to optimize and standardize process workflows and have a track record of driving business improvements based on prior experience.
• Provide peer mentorship to team members to proactively share knowledge to promote and foster talent within Finance team

Preferred Knowledge, Skills, Experience, Capabilities for the role:

• Preference towards candidates that have worked in an international business setting and have experiences working and communicating with multiple cultures
• Strong experience with data analytics tools
• Experience in Healthcare business and having a good understanding of Healthcare Industry dynamics, with a special focus on Healthcare diagnostics

The expected Compensation for this position is: $104,500- $154,500 CAD

Factors which may affect starting compensation within this range may include geography/market, skills, education, experience, and other qualifications of the successful candidate. ​

Siemens Healthineers offers a variety of health and wellness benefits including a flexible benefits plan, Defined Contribution Pension Plan, Registered Retirement Savings Plan matching contributions, plus a competitive paid time off program including vacation, company holidays, sick leave, and parental leave (all subject to eligibility requirements). ​

This information is provided per required laws and regulations. Applicants should apply via Siemens Healthineers external or internal careers site

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 at Siemens Healthineers Canada.

Employment Opportunity Statement: Siemens Healthineers is committed to creating a diverse environment and is proud to be an equal opportunity employer. While we appreciate all applications we receive, we advise that only candidates under consideration will be contacted.

Accessibility: Siemens Healthineers is committed to excellence in serving all employees and customers, including people with disabilities. Siemens Healthineers will strive to ensure that policies and procedures established with respect to the provisions of its goods and services to persons with disabilities are consistent with the principles of dignity, independence, integration and equal opportunity as provided in the Accessibilities for Ontarians with Disabilities Act, 2005. Siemens Healthineers will continue to attempt to meet the needs of all its customers, including but not limited to persons with disabilities, in an effective and timely manner.

If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form here.  If you’re unable to complete the form, you can reach out to our HR People Connect People Contact Center for support at peopleconnectvendorsnam.func@siemens-healthineers.com. Please note HR People Connect People Contact Center will not have visibility of your application or interview status.     

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