Inventory Financial Analyst

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Position Overview:

Provides professional service and expertise in a broad, overarching and unspecified area of financial matters, which may include planning, analysis and reporting accountabilities for organizational unit(s) assigned. in a range of functional areas of all Siemens organization.

This role will be responsible for inventory controlling, costing analysis and standard pricing, internal sales margin analysis, productivity measures, etc. 

Relocation will not be offered for this role.

Responsibilities :

Completes financial planning and reporting activities for inventory.

Analyzes actual inventory results versus budgeted results; identifies variances & investigates reasons for those variances.

Performs financial analysis regarding trends, financial structure, asset, cash and liabilities, etc. with a specific focus on inventory.

Creates monthly Balance Sheet account reconciliations for inventory accounts.

Conducts inventory research and performs system inventory tracking.

Develops annual costing structure for spare parts materials and monitors margin throughout the fiscal year.

Processes inventory cycle counts financially and approves material write-offs.

Analyses and monitors key performance indicators and business performance, and creates regular reports to management.

Partners with Supply Chain Management, Order Management and Warehouse Management to communicate inventory health and trends (e.g. material obsolescence, excess inventory, slow-moving inventory, etc.).

May perform and complete also projects re developing financial and controlling standards and guidelines.

Supports in risk management, treasury, M&A or tax aspects in order to manage the financial resources best.

Carries out a range of operational tasks and project work in the area of expertise as assigned by superior.

Maintains working relations with external financial experts (e.g. banks, tax counselors, chartered accountants).

May also contribute to the (further) development of concepts and standards in the area of expertise based on operational experience.

May include functional leadership.

Required Knowledge, Skills, Education, Experience and Abilities

Bachelor's degree or equivalent in Finance, Accounting, Business, or other relevant field

Demonstrated ability to influence behavior and outcomes in a matrix organization where decision-making is not always clear

Understanding of how business choices can impact financial statements (e.g., the interplay between inventory and COS)

3+ years of SAP experience including knowledge of SAP’s Material Management and Inventory Management (MM-IM) module

Strong quantitative and analytical skills

Strong proficiency with Excel and PowerPoint

Minimal travel required for this position

Qualified applicants must be legally authorized for employment in the United States. Qualified applicants will not require employer sponsored work authorization now or in the future for employment in the United States.

Qualified applicants may be allowed remote working opportunities, based on business needs.

#Mid-Senior

Preferred Knowledge/Skills, Education, and Experience

Past work experience with financial inventory management is preferred.

Working knowledge of SAP S/4 HANA is a plus.

Working knowledge of SAP MM, EWM/IWM and FICO is a plus.

Equal Employment Opportunity Statement  

Siemens Gamesa Renewable Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law. 

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Employee Benefits

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