Finance Lead - Supply Chain Controlling - Rail Infrastructure

Company: Siemens Mobility
Location: Louisville
Posted on: April 15, 2024

Job Description:

Pioneering in America, from the first mile to the last. This is what drives us.

For more than 160 years, Siemens has been an integral provider of infrastructure, electrification, and transportation solutions in the United States. Open new lines and increase capacity, cut costs, and link networks: high performance, state-of-the-art Rail Electrification meets all the expectations of Rail Infrastructure operators today. It's a central component of the end-to-end networked, digital infrastructure of tomorrow. We offer products and services which extend along the entire Rail Electrification value chain to improve the quality of everyday life for millions of people worldwide.

Position Overview:

As a Finance Lead - Supply Chain Management, you will be responsible for leading and implementing various financial initiatives and strategies to optimize the cost and performance of our supply chain. You will work closely with key stakeholders from engineering, operations, procurement, and other functions to ensure alignment and transparency of material costs, inventory management, supplier performance, and capital investments. You will also provide analytical support and insights to improve gross margin, pricing, and productivity. You will report to the Director of Finance and Operations and be part of a dynamic and collaborative team.

What your day-to-day will look like:

• Investigate and implement opportunities to utilize new financial ideologies and models to improve the predictability of our costs, such as commodities cost monitoring, hedging, fixed price supplements, etc.
• Lead the process for strategic supplier inventory requirements and related inventory control processes, especially for the complex electronic components sourcing deployment with KTC, CCI, and other distributors. Manage and review the stock of -$10M-$15M of inventory and work towards process improvement.
• Conduct gross margin analytics and monitor the cost vs. price variance (PPV) in purchased raw materials, necessary price increase escalations, and cost overruns. Provide recommendations and action plans to improve profitability.
• Provide bench strength for operations finance for the three US RI manufacturing sites
• Partner with key departments such as engineering, operations, and procurement to improve material costs and material cost transparency. Identify and track cost reduction opportunities and initiatives.
• Track and forecast supplier cost monthly productivity, including the effects of bulk buy, change of supplier, redesign, contract renegotiations, etc.
• Be deeply engaged in the investment of capital assets for supplier tooling and ensure traceability and safeguard of these Siemens assets.
• Develop and maintain supplier performance scorecard and provide feedback and improvement actions to suppliers and internal stakeholders.
  To thrive in this role, you have:
  
  • Bachelor's degree in Finance, Accounting, Business Administration, or related field. MBA or CPA is a plus.
  • At least 5 years of relevant experience in finance, supply chain management, or operations in a manufacturing or engineering environment.
  • Strong analytical, problem-solving, and decision-making skills. Ability to handle complex and large data sets and provide meaningful insights and recommendations.
  • Excellent communication, presentation, and interpersonal skills. Ability to collaborate and influence cross-functional teams and senior management.
  • Proficient in Microsoft Office, especially Excel and PowerPoint. Experience with SAP, Oracle, or other ERP systems is preferred.
  • Self-motivated, proactive, and results-oriented. Able to work under pressure and meet deadlines.
  • Knowledge of engineering and manufacturing processes and terminology is a plus.
    Why you'll love working for Siemens!
    
    • Freedom and healthy work-life balance- Health, Dental, Vision Insurance, HSA/FSA, Commuter Benefits - starting Day 1!
    • We believe that each member of our team is accountable for making decisions, solving problems, and taking actions that contribute to long-term impact and financial success.
    • We do the right thing. We stand for green innovations and meaningful solutions with impact on customers, ecosystem partners, society, and environment.
    • We are frontrunners in digitalization and building platforms. Therefore, we are hiring ambitious forward-thinkers who want to have a real impact.
    • Solve the world's most significant problems - Be part of exciting and innovative projects.
    • Opportunities to contribute your innovative ideas and get paid for them! Take advantage of our Tuition Reimbursement program, Mentor Programs, and your development through online learning. We operate daily with a growth mindset - that's why Siemens consistently ranks on the Fortune World's Most Admired Companies list!
    • Employee perks and discounts in addition to our 401k match and generous Paid Time Off
      Applicants must be legally authorized for employment in the United States without needing current or future employer-sponsored work authorization.
      
      Siemens offers a variety of health and wellness benefits to employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html . The base salary range for this position in Homestead, PA & Louisville, KY is $107,500 - $145,000 and the base salary range for this position in New York, NY is $128,900 - $174,000. The salary may be higher or lower depending on the budget and the candidate's experience, knowledge, skills, and qualifications. The annual incentive target is 10% of the base salary.
      
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      Equal Employment Opportunity Statement
      Siemens 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.
      
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      Applicants and employees are protected under Federal law from discrimination. To learn more, Click here .
      
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Keywords: Siemens Mobility, Louisville , Finance Lead - Supply Chain Controlling - Rail Infrastructure, Accounting, Auditing , Louisville, Kentucky