Financial Analyst - Royalty Administration

We are a leading global software company dedicated to the world of computer aided design, 3D modeling and simulation— helping innovative global manufacturers design better products, faster! With the resources of a large company, and the energy of a software start-up, we have fun together while creating a world class software portfolio. Our culture encourages creativity, welcomes fresh thinking, and focuses on growth, so our people, our business, and our customers can achieve their full potential. 

Position Overview

Responsible for analyzing sales transactions and processing disbursements related to the outbound royalty program.  Supports operational aspects including working closely with various stakeholder groups including the Software & Technology Partner program office, legal, product management within the development organizations, Country Finance teams, Pricing Management Office, and GSM&S as well as external partners. Provides support to the monthly close process and the royalty accrual process.  Ensures timeliness, accuracy, completeness, and approvals with respect to all outbound royalty payments, as calculated by the royalty application Vistex based on the applicable vendor agreement and sales order transactions.  Review and provide feedback on proposed new and/or revised royalty arrangements to ensure efficiency of administration and payment processing.  Actively involved in special projects and analysis requests (such as integration of acquisitions, new business or accounting models, cost savings opportunities, etc.).  Identify and pursue remediation of low or negative margin transactions involving royalty products for assigned agreements.  The Royalty Analyst operates under general supervision, reporting to the Manager, Royalty Administration.

Responsibilities

• Follows existing department policies, guidelines, systems, and standards applicable to the outgoing royalty processes
• Performs moderately complex financial analyses specific to involving outbound royalty calculations, payments, product revenues, royalties, and profitability.
• Ensures adequate funding exists on royalty-related purchase orders, replenishes with purchase requisitions as needed
• Prepares royalty payments to comply with vendor agreements
• Follows established department and system workflows to obtain appropriate approvals
• Releases payments on a timely basis to meet contractual obligations
• Analyzes customer and product profitability.
• Ensure that quality and control standards are met
• Liaison with other involved / interested parties both up-process and down-process (Legal, S&T partner program office, GSM&S, product management, PMO, Tax, Treasury, Finance)
• Maintain a continuous innovation and process improvement mindset

Required Knowledge/Skills, Education, and Experience

• BS/BA in a business area or applicable experience
• Ability to work across organizations and technical disciplines (E.g., good teamwork, interpersonal, and collaboration skills)
• Must have Excel skills at the mid-to-advanced level
• Strong analytical and problem solving skills
• Location: Sao Paulo, Brazil
• English application - For consideration 

Preferred Knowledge/Skills, Education, and Experience

• Experience with SAP/Vistex
• 3 + years relevant financial analysis experience

Why us? 

Working at Siemens Software means flexibility - Choosing between working at home and the office at other times is the norm here. We offer great benefits and rewards, as you'd expect from a world leader in industrial software. 

A collection of over 377,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and we welcome applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit, and business need. Bring your curiosity and creativity and help us shape tomorrow! 

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