Senior Commercial Financial Analyst

Description

Biomerics is a world-class manufacturer and innovative polymer solutions provider for the medical device and biotech industries. As a vertically integrated company, we specialize in designing, developing, and producing medical devices for diagnostic and interventional procedures. We are focused on next-generation solutions for vascular access, electrophysiology, cardiac rhythm management, neurovascular, structural heart, and cardiovascular markets.

At Biomerics, we are dedicated to our diverse employee base. We understand that a strong, skilled, and engaged workforce is the foundation of our continued success as a business. We strive to live up to the Biomerics values in all our interactions. It is an exciting time to be part of our collective team. There is no limit to the impact that can be achieved here at Biomerics. We improve and advance our employees' and patients' lives that depend on our products.

At Biomerics, we believe in integrity, partnership, empowerment & accountability, trust, agility, teamwork, and excellence, and we care. Our team-oriented, customer-focused corporate culture places a premium on building strategic, mutually beneficial partnerships with customers and our team members.

Role Description:

The Senior Commercial Financial Analyst will support the Finance Director of Commercial in maturing a finance function within Biomerics that supports the commercial functions. The Senior Commercial Financial Analyst role will provide focused support to an assigned ‘Group’ of Biomerics (Metals, Plastics, or International) business leaders and representatives. Responsibilities include but are not limited to, development and implementation of pricing strategy, analysis, and maintenance; enhancement of tools to meet profit goals, comply with company policies and adhere to customer agreements; and ad hoc business case preparation and presentation for acquisition of new business. This individual will be responsible for communicating price performance reporting and developing processes that drive consistency and continuous improvement in our pricing, quoting and business cases.

The ideal Senior Commercial Financial Analyst is a self-starter with excellent communication skills. They must have a strong drive and track record of creating relationships across an organization and expect to collaborate cross functionally, with various stakeholders and peers. Primary business partners include Commercial Directors, Executive Account Owners, Group/Plant Controllers, OU Supply Chain and Operations Leadership.

The Senior Commercial Financial Analyst will inherit limited standard operating procedures and tools to execute the below job responsibilities. It is expected they will collaborate with the Finance Director and his/her finance peers to develop processes, controls, and tools required to successfully execute the needs of the newly developed Commercial Finance Function. They also will support the development of these functions by integrating best practices to overcome disparate practices used in the past at each individual site.

Responsibilities

• Business partner for assigned commercial group’s directors and account executives. Serve as liaison between Finance and Commercial Function
• Play an instrumental role in the development and implementation of commercial senior management P&Ls and subsequent budgeting, planning, and spend management
• Support the development of tools for price modeling and strategy
• Support development of governance processes, floors, deal review, and approvals with the goal to improve outcomes to increase profitability and achieve multi-year strategic goals
• Creation and ongoing management of pricing maintenance through collaboration with OUs, Contracting and Commercial teams
• Perform revenue and margin modeling to set new product price targets
• Develop execution plans (account planning), tracking metrics, and analytics post launch
• Prepare business cases to support the cash funding of large investments for customer acquisitions of new business
• Influence plant utilization of cash by driving higher velocity KPIs with improved turnover of cash
• Make continued recommendations on the developing functions at the BSC & Corporate Controlling functions with the Senior Finance team
• As appropriate, provide support for developing deal models associated with technology acquisition or manufacturing transfers

Requirements

• 5+ years' experience in a financial analyst role with focuses including but not limited to estimation, pricing, cost accounting, budgeting and performance analysis, forecasting, commercial and material analysis,
• Highly skilled in analytics and pro