Business Unit: Business Finance
Requisition Number: 247620
Primary Location: United States-Pennsylvania-Malvern
Assignment Category: Full-time temporary
Experience Level: Entry level
Education Required Level: Bachelor's Degree
Travel Required: No
At Siemens Healthineers, we are passionate about enabling healthcare professionals to deliver high quality patient care, and to do so affordably. A leading global healthcare company, Siemens Healthineers continues to strengthen our portfolio of medical imaging and laboratory diagnostics, while adding new offerings such as managed services, consulting, and healthcare IT services – as well as further technologies in the growing market for therapeutic and molecular diagnostics.
Siemens Healthineers develops innovations that support better patient outcomes with greater efficiencies, giving providers the confidence they need to meet the clinical, operational and financial challenges of a changing healthcare landscape.
Invest your future and inspire ours. Manage the financial success of an engineering and technology powerhouse to make business thrive for top industries across the country.
The FLDP internship is a 12 week summer program targeting rising seniors in accounting/finance majors. Upon completion of the internship, students can apply to the FLDP rotational program. Students who do not participate in the internship can still apply to the rotational program.
What is the Finance Leadership Development Program?
The Finance Leadership Development Program (FLDP) prepares you to support a wide range of businesses as a financial leader in our organization. You will learn what it takes to analyze and manage the financial aspects of a company ranked among the top 50 in sales in the world.
The FLDP is a two-year rotational program, three 8-month assignments, where participants will be exposed to corporate accounting, cost accounting, project controlling, financial analysis, performance controlling and reporting. You will receive mentoring from Siemens Healthineers’ team of business leaders, gain access to and network with Siemens Healthineers senior decision-makers, and learn the overall strategy, systems, and accomplishments that make this company a global leader.
Upon completion of the program, graduates have transitioned into roles such as Financial Analyst, Staff Accountant, Business Process Specialist/Auditor, Credit Analyst, or Cost Accountant for Siemens Healthineers.
What are the Potential Experiences?
Here are a few examples of what you will experience during the FLDP internship and/or rotational program:
Performance Controlling/Financial Analysis:
• Consolidate financial activities such as forecasting and budgeting
• Perform monthly reporting analysis
• Participate in special projects
• Learn and apply policies and accounting concepts
• Research and understand IFRS guidelines
• Reconcile major trial balance accounts
• Perform monthly closing activities
• Learn cost, inventory, and project costing
• Perform closure of work orders
• Manage inventory tracking and reporting
• Prepare journal entries
Business Area, Business Line, NAM Region Exposure:
• Reporting, budgeting, forecasting and analysis
• Exposure to specific product lines and segments
• Liaison between business units and corporate office
Operational Review/Internal Audit:
• Learn audit techniques and business process
• Recommend process improvements
• Enforce organizational policies and procedures
Plant or Field Accounting
• Gain exposure to cost accounting and operations experience in manufacturing or field location.
Who Should Apply?
We’re looking for collaborative leaders who want to make a difference and are creative, resourceful and true problem solvers. Additionally, we are searching for individuals who challenge themselves to find the most effective and efficient solutions to complex challenges, and are not satisfied with business as usual. We provide a platform for those who want to have an impact on the future and to contribute to the successes of the company, our customers, and the world.
To apply for the Finance Leadership Development Program Internship, candidates must meet the following requirements:
• Majors: Accounting, Finance, Business Administration, or Management with an Accounting or Finance concentration
• Targeting rising seniors
• Minimum GPA: 3.2
• Relocation and Travel: Must be willing to relocate and travel as required by program
• Work Authorization: Permanent work authorization in the U.S. is required
Job Family Responsibilities:
Completes a series of job rotations and project assignments designed to develop competencies in the area of finance. Assists in the creation of business segment budget, control policies and procedures, and coordinates implementation with other Siemens organizations. Assists in collecting and analyzing information relevant to a routine situation, makes risk assessments and identifies various options or alternatives. Assists in routine purchasing, administrative, and information services functions of the business segment. Assists in routine finance/accounting planning activities, assuring accurate record keeping and control accordance with Siemens Healthineers policies.
BS/BA in related discipline or equivalent combination of education and experience. Certification may be required in some areas.
Knowledge and Experience:
Demonstrates a basic knowledge of professional principles and skills. Effectively uses fundamental concepts, practices, and procedures of particular area of specialization. Typically up to 1 year of successful experience in related field and successful demonstration of Key Responsibilities and Knowledge as presented above. Advanced degree MAY be substituted for experience, where applicable.
Key Working Relationships:
Contacts are primarily with immediate manager and others in the group.
Internship begins in May 2020