Sr Manager, Revenue Order Management and Technical Accounting - Remote
Siemens HealthineersAbout the role
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.
Role Overview
As a Revenue Recognition Senior Manager at Varian, you will play a pivotal role in ensuring the integrity and efficiency of our financial operations, by leading a global team of 6 members. Your responsibilities include, but not limited to,
- Implementing, governing, and safeguarding Varian controls.
- Evaluating actions required for compliance with the company’s revenue recognition accounting standards (IFRS 15).
- Integrating, standardizing, and continuously enhancing reporting processes related to Order Intake, Revenue, and backlog globally with the use of digitalization tools.
- Regular and ad-hoc analysis ensuring order reporting accuracy and compliant revenue recognition.
- Analysis of contractual terms or other customer facing formal agreements to identify potential accounting impacts including the evaluation of new business models.
- Completes all required month-end close activities including revenue reconciliation and management reporting.
- Partners with regional finance, legal, sales, and strategic marketing personnel in varying aspects including contract structures, new product introductions, and alignment & adherence to company policies and collaboratively resolving any revenue issues.
- Follows control procedures and interacts with internal and external audit or other functions in the calculation and approval of standalone selling prices.
Roles & Responsibilities
- Driving Excellence: Lead the charge in improving, harmonizing, standardizing, and ensuring compliance and accuracy in key accounting processes globally.
- People Management: Engage, inspire and provide strong development support for the direct team according to their knowledge and skills.
- Championing Innovation: Drive the implementation of new processes, best practices and changes globally in order management and backlog reporting. Digitalize.
- Guiding the Way: As a key working partner of business teams & other finance teams (including Strategic Marketing – product commercialization, Sales, IT and Finance), to provide accounting guidance in terms of revenue recognition for new deals/new business models/new business projects. Partnering with the regional teams, to define & perform necessary before- and-after- fact reviews & checks to ensure the revenue booking quality
- Expert Counsel: To monitor the IFRS (SHS FRG) updates & changes in terms of revenue recognition and ensure the regional teams are well communicated and trained as needed
- Ensuring Accuracy: Manage and operate controls over world-wide order booking and review process as well as order and revenue backlog reporting, initiate corrections with local accounting teams, and prepare related documentation.
- Precision Review: To be responsible for contract and order reviews
- Data Insight: Prepare and review regular and ad-hoc financial analysis and reports.
- Audit Excellence: Ensure local revenue recognition policies and procedures are consistent with the Varian global standards; Global owner of Revenue Recognition, to ensure the control documents are refreshed & updated, and support the audits as well as external audits as needed
Core Requirements
- Seasoned Expertise: A minimum of 12 years of experience in accounting and finance, with hands-on experience in Revenue Recognition.
- Educational Foundation: A degree in accounting or finance.
- Language Mastery: Fluent in English, both written and oral.
- Software Proficiency: Experienced in applicat
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