Contract Revenue Analyst
$63.62k - $87.47kSiemens Healthineers
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 levelKey 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).Qualifications and ExperienceBachelor’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).Skills and CompetenciesExcellent with processes, workflow-oriented mindsetStrong analytical mindset and the ability to evaluate complex financial data.Excellent communication and interpersonal skills.Strong analytical skillsInquisitive mindset to challenge existing processes and drive process improvementsThe base pay range for this position is:$ 63,620 - $87,472Factors which may affect starting pay within this range may include geography/market, skills, education, experience, and other qualifications of the successful candidate.If this is a commission eligible position the commission eligibility will be in accordance with the terms of the Company's plan. Commissions are based on individual performance and/or company performance.#LI-DC1Who we are: We are a team of more than 72,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.How we work: When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual’s potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world’s most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.To find out more about Siemens Healthineers businesses, please visit our company page here.Equal Employment Opportunity Statement: Siemens Healthineers 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, family responsibilities, 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.EEO is the Law: Applicants and employees are protected under Federal law from discrimination. To learn more, click here.Reasonable Accommodations: Siemens Healthineers is committed to equal employment opportunity. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations.If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form here. If you’re unable to complete the form, you can reach out to our HR People Connect Peop le Contact Center for support at View email address on click.appcast.io. Please note HR People Connect People Contact Center will not have visibility of your application or interview status.California Privacy Notice: California residents have the right to receive additional notices about their personal information. To learn more, click here.Export Control: “A successful candidate must be able to work with controlled technology in accordance with US export control law.” “It is Siemens Healthineers’ policy to comply fully and completely with all United States export control laws and regulations, including those implemented by the Department of Commerce through the Export Administration Regulations (EAR), by the Department of State through the International Traffic in Arms Regulations (ITAR), and by the Treasury Department through the Office of Foreign Assets Control (OFAC) sanctions regulations.”Data Privacy: We care about your data privacy and take compliance with GDPR as well as other data protection legislation seriously. For this reason, we ask you not to send us your CV or resume by email. We ask instead that you create a profile in our talent community where you can upload your CV. Setting up a profile lets us know you are interested in career opportunities with us and makes it easy for us to send you an alert when relevant positions become open. Register here to get started.Beware of Job Scams: Please beware of potentially fraudulent job postings or suspicious recruiting activity by persons that are currently posing as Siemens Healthineers recruiters/employees. These scammers may attempt to collect your confidential personal or financial information. If you are concerned that an offer of employment with Siemens Healthineers might be a scam or that the recruiter is not legitimate, please verify by searching for the posting on the Siemens Healthineers career site.To all recruitment agencies: Siemens Healthineers does not accept agency resumes. Please do not forward resumes to our jobs alias, employees, or any other company location. Siemens Healthineers is not responsible for any fees related to unsolicited resumes. #J-18808-Ljbffr Siemens Healthineers
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