Finance Business Partner

Siemens Healthineers

1d•Remote

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. Finance Business Partner to the Senior Director of Global Plan & Material global function. To embed finance discipline into production planning, inventory management, and material procurement. Drive cost optimization, working capital efficiency, and budgeting processes while acting as the single source of financial truth for the Planning and Material teams.

Requirements

Bachelor’s (or +) degree in Finance/Accounting; CPA, CMA, CIMA, or ACCA preferred
Minimum of 5-8 years in Accounting/Finance roles
Experience in Manufacturing or Supply Chain environment and having a good understanding of Healthcare Industry dynamics.
In-depth understanding of Cost Accounting, Variance Analysis and Financial Reporting
Financial planning experience required, including written and verbal communication, as well as good presentation skills.
Proficient in utilizing business tools such as: E-mail, Microsoft Word, Excel, PowerPoint.
Experience with SAP or equivalent ERP systems as well as BI tools like QlikView, Jedox, Power BI etc. desired.
Understanding of MRP logic, safety stock, EOQ, and inventory turnover metrics.
Experience in working capital management (cash flow cycles).
Integrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with others.
Ownership & Proactivity: Takes full responsibility for processes and outcomes. Anticipates issues and acts without waiting for direction.
Business Acumen & Curiosity: Possesses a deep desire to understand the "why" behind the numbers and operational drivers. Ability to build up new standards of finance control in terms of dynamic business change.
Analytical & Problem-Solving Mindset: Strong analytical ability. Moves beyond reporting to analyze root causes and propose actionable solutions.
Influential Communication: Ability to communicate complex financial concepts effectively to non-financial stakeholders and build strong collaborative relationships. Ability to challenge planners and buyers constructively with data.
Strategic Mindset: Can see the bigger picture and contribute ideas that improve business control and financial performance. Ability to transition from non-digital to digital solutions. Ability to adapt in a fast paced and quickly changing environment.

Nice To Haves

Experience with SAP or equivalent ERP systems as well as BI tools like QlikView, Jedox, Power BI etc. desired.

Responsibilities

Actively track, analyze, and challenge inventory KPIs (turns, slow-moving/obsolete stock, and write-offs).
Design and maintain reserve models for aged, excess, and at-risk raw materials.
Develop and maintain analytical models to forecast inventory levels and quantify working-capital and cash-flow impacts.
Prepare and present comprehensive monthly inventory financial reporting, including flux analyses and KPI dashboards, to senior management, clearly articulate key drivers, risks, and trends.
Go beyond accounting to develop a deep understanding of operational realities. Engage closely with warehouse, production, and planning teams to understand physical material flows, constraints, and risks, and translate these into financial insights.
Provide data-driven financial insights to support critical business decisions, including production planning, procurement strategies, inventory optimization initiatives, and new product introductions.
Lead cross-functional initiatives to improve inventory accuracy, reduce waste, and enhance end-to-end supply chain financial performance.
Drive continuous improvement of global inventory accounting policies and procedures. Enable operational excellence through process standardization, digitalization, and automation.
Act as a finance business partner in regular production and material planning meetings to provide financial challenge and decision support.
Co-own SIOP process with Supply Chain by linking demand changes to material spend and inventory outcomes.