Contract Revenue Analyst

Siemens Healthineers

5d

About The Position

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. As we continue to expand our U.S. operations, we are seeking a Contract Revenue Analyst to oversee and elevate revenue recognition at contract level

Requirements

• Bachelor’s degree: Accounting, Business Administration, Finance, or a related field.
• Minimum 1-3 years of experience in an accounting or contract management environment.
• Demonstrated expertise in SAP and revenue recognition.
• Strong understanding of financial value flows in SAP.
• Advanced experience with ERP systems, preferably SAP.
• Language requirement: Proficiency in English (Spanish or French would be a plus).
• Excellent with processes, workflow-oriented mindset
• Strong analytical mindset and the ability to evaluate complex financial data.
• Excellent communication and interpersonal skills.
• Strong analytical skills
• Inquisitive mindset to challenge existing processes and drive process improvements

Nice To Haves

• Proficiency in Spanish or French

Responsibilities

• Actively support the implementation of a new SAP platform (P58), with particular focus on defining and 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).
• General understanding of accounting principles, including Multiple Element Arrangements (“MEA” – IFRS 15), Contract Combinations, and Leasing (IFRS 16).
• Execute 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 support the preparation of 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.
• Responsible for executing the registration of customer contracts into SAP P58 finance module, and update expected customer volumes in a quantity Management System (AQM system) for North America Diagnostics Business (US. and Canada).

What This Job Offers

• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees