Global Supply Chain - Senior Financial Analyst - Sourcing

Additional Location(s): Costa Rica-Heredia; Costa Rica-Coyol; Ireland-Clonmel; Ireland-Cork; Ireland-Galway; US-MN-Arden Hills; US-MN-Maple Grove

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.       

Global Supply Chain - Senior Financial Analyst - Sourcing
 

About the Role:
 

Boston Scientific is looking for a driven Senior Financial Analyst to join the Global Supply Chain finance team. The ideal candidate will play a key role in supporting budgeting, financial planning, and analysis (FP&A), while assisting in the development and management of a headcount planning and reporting tool. This position will involve collaboration across various teams to ensure accurate forecasting, budgeting, and data-driven insights that will support financial decision-making.

Your Responsibilities Include: 
 

1. Support Headcount Planning & Reporting Tool

• Assist in the development and enhancement of a headcount planning tool that integrates with financial systems to track headcount, payroll, and related expenses.
• Collaborate with HR, operations, and finance teams to capture headcount data, manage forecasting, and ensure accuracy of workforce-related financial metrics.
• Help maintain reporting dashboards that provide visibility into headcount trends, costs, and any deviations from planned numbers.
• Regularly update headcount planning tool to ensure it remains in line with evolving business requirements.

1. Budgeting & Financial Planning

• Support budget for sourcing headcount requirements, ensuring alignment with company goals, operational needs, and financial targets.
• Collaborate with department heads to understand sourcing headcount needs, forecast staffing requirements, and ensure headcount-related expenses are accurately accounted for and in line with budget targets.
• Assist in analyzing staffing levels and their financial impact, identifying any gaps between headcount plans and actual performance.
• Contribute to quarterly and annual forecasting, adjusting projections based on changing business conditions.
• Support the annual standard cost setting process for the Network (particularly Materials & PPV), verifying the data, releasing the standard costs, volume alignments.

 

1. Financial Analysis & Reporting

• Prepare detailed financial reports and presentations for senior management, highlighting key trends and opportunities for cost optimization, particularly in the areas of headcount and Purchase Price Variance (PPV).
• Provide insights into sourcing activities, including evaluating the financial impact of headcount changes, labor cost trends, and any deviations from headcount plans.
• Assist in analyzing PPV, identifying variances between actual and expected purchase prices for goods and services, and working with the procurement team to assess the financial implications and recommend corrective actions.
• Collaborate with business partners to translate financial data related to sourcing activities into actionable insights that can drive more efficient procurement and staffing strategies.