Contract Revenue Manager
Siemens Healthineers · Washington, District Of Columbia, US
Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere.
Job description
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. Key Responsibilities: - Actively support the implementation of a new SAP platform (P58), with particular focus on defining new 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). - Good understanding of accounting principles, including Multiple Element Arrangements (“MEA” – IFRS 15), Contract Combinations, and Leasing (IFRS 16) in the medical device industry. - Ensure timel...