Financial Analyst I - Product

Requisition ID:                       65210                          Title: Financial Analyst I - Product

 

 

 

 

 

 

Arthrex is a global medical device company and a leader in new product development and medical education in orthopedics. Arthrex is actively seeking a Financial Analyst I – Product to liaise with Arthrex’s Business Units to deliver reporting and analysis, provide financial, market, and best practice insight and guidance in support of sales performance and business optimization. Join our talented team and help us stay focused on Helping Surgeons Treat Their Patients Better™.

 

Essential Duties and Responsibilities:

• Provide routine and ad-hoc financial analysis and reporting
• Analyze financial results for accuracy, determining variance drivers and documenting performance commentary. Perform trend and sensitivity analyses to determine potential impacts to business results
• Maintain cross-functional relationships with applicable business units and participate in cross-functional meetings to understand the status of identified initiatives
• Gather, organize, and present financial data for the applicable area for management reporting and in preparation for regular leadership reviews
• Prepare and summarize plan vs. actual reports and variance explanations for applicable areas
• Understand and monitor relevant KPIs/trends/events impacting the business and incorporate this information into forecasts and analyses
• Research and resolve inquiries for assigned functional areas
• Implement and support continuous improvement in data analytics, business intelligence, and reporting efficiency and effectiveness
• Exercise flexibility in working time or hours when needed to meet project deadlines and quality expectations

 

Additional Duties and Responsibilities:

• Perform regular and ad hoc Product Team financial reporting, planning, and analysis activities including breakdown of sales and gross margins
• Prepare and analyze Product Team P&L data
• Monitor spending vs. budget by highlighting material variances and assisting in accounting activities review
• Analyze financial results for accuracy, determining variance drivers and writing performance commentary
• Perform trend and sensitivity analyses to determine potential impacts to business results
• Participate in regular cross-departmental meetings to understand the current status of on-going development projects and initiatives
• Research and resolve Product Team inquiries for assigned functional areas
• Liaise with the Operations Team and contribute to the Sales and Operations Planning process
• Gain proficiency in SAP, IBM Planning Analytics, Power BI, and other reporting and analytical tools
• Provide support and training on applicable business intelligence tools to Product Management
• Gather, organize, and report financial data for Product Management in preparation for regular leadership reviews

 

Education / Experience:

• Bachelor’s degree in Accounting, Finance or related Business/ Economics required
• 1 year of relevant work experience preferred

 

Specialized Skills:

• Advanced Excel and proficiency in Microsoft Office Applications
• Problem-solving and analytical skills with high attention to detail
• Basic knowledge of SAP/ERP system or equivalent

 

Discretion / Latitude:

Follows specific, detailed instructions. Work is assigned by a supervisor or more senior-level teammates and closely reviewed and supervised.

 

Machine, Tools, and/or Equipment Skills:

Virtual machines and laptops. Microsoft environment. Work with standard current computer applications, including but not limited to collaboration tools, email, word processing, spreadsheets, and databases.

 

Reasoning Ability:

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions