Sr. Financial Analyst, Financial Planning and Analysis

Siemens • Livermore, CA

119d • $112,140 - $192,240

About The Position

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrive is if our people are thriving. That's why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you? Transform the everyday with us! Trayer Engineering Corporation designs and manufactures medium voltage vacuum switchgear products that thrive in the most challenging environments. Every submersible, pad-mount or vault-mount Trayer switchgear is backed by over 60 years of industry leading innovation and proven quality. Trayer switchgear is the premium brand electrical utilities turn to for their critical applications. We are currently seeking an experienced Financial Analyst to join the finance team of Trayer Engineering, a Siemens Business. This hybrid position reports to the Finance Integration Manager, collaborates with the leadership team, and can be based in either our San Leandro or Livermore, California location.

Requirements

• Bachelor's degree or higher in finance or business field.
• 5+ years of experience in financial analysis and controlling.
• In depth experience in a Standard Cost Accounting system.
• Position requires a minimum of 3 days per week in the office.
• Strong ability to build relationships with both internal and external customers including production, quality and engineering.
• Legally authorized to work in the United States on a continual and permanent basis without company sponsorship.

Nice To Haves

• Prior Siemens experience is a plus.
• CPA or MBA is strongly preferred.
• Experience in implementing systems and processes and managing through change.

Responsibilities

• Lead budgeting, forecasting, and variance analysis across both Income Statement and Balance Sheet, driving financial clarity and strategic decision-making.
• Provide financial partnership to Production and Quality Management teams by analyzing manufacturing operations and maintaining accurate Standard Costs for Trayer products, including overhead rate development for work centers.
• Oversee inventory management and establish appropriate reserve calculations to ensure accurate financial reporting and risk mitigation.
• Design and implement a process to track costs associated with non-conforming products, enabling proactive quality and cost control.
• Build and manage the Returned Merchandise Authorization (RMA) process, including warranty reserve modeling and cost tracking to support customer satisfaction and financial accountability.
• Integrate R&D project accounting into the current ERP system to enhance visibility and control over innovation investments.
• Develop and support fixed asset tracking processes to ensure compliance and accurate asset reporting.
• Deliver high-impact ad hoc financial analyses to support cross-functional initiatives and executive decision-making.

Benefits

• Siemens offers a variety of health and wellness benefits to our employees.
• The pay range for this position is $112,140 - $192,240 and the annual incentive target is 10% of the base salary.

What This Job Offers

• Industry: Machinery Manufacturing
• Education Level: Bachelor's degree