Contract Revenue Manager

Siemens Healthineers

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.

Requirements

Bachelor’s or Master’s degree in Finance, Accounting, Business Administration, or a related field.
Minimum 1-3 years of' experience managing a team
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.
Leadership experience, including people management and team development.
Proficiency in English (Spanish 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.
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.

Nice To Haves

Experience with P58 or similar contract accounting systems is strongly preferred.

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).