FP&A Analyst

FP&A Analyst

As an FPA analyst at our medical device development and manufacturing company, your primary role will be to analyze and optimize the company’s financial performance and to provide data and information to the Finance Manager. This will involve working closely with cross-functional teams to track and report on key financial metrics, identify areas for cost reduction or revenue growth, and provide recommendations for improvement. 

In addition, you will be responsible for financial forecasts and budgets, conducting variance analysis, and preparing financial reports for the Finance Manager to whom you will report. Your expertise will play a crucial role in helping the company make informed decisions to drive profitability and success.

Organizational Competencies & Cultural Values:
The mission of every employee at Osypka Medtec is dedication to serving, supporting, and improving the lives of our patients and customers by adding value through innovative quality medical devices and services.

Our vision is to be a leading medical company in the development, production, sale, and marketing of permanent and temporary devices and services around the world.

General Competencies:

• Financial Forecasting and Analysis
• Budgeting and Cost Management
• Data Analysis and Interpretation
• Financial Modeling
• Knowledge of GAAP and Financial Reporting
• Interpersonal and Communication Skills

All employees are expected to provide excellent customer service, communicate in an effective manner both verbally and in writing, display professionalism and integrity, as well as work efficiently, effectively and accurately. Employees should take the initiative, solve problems, display good judgment, and take ownership for delivering a high-quality product or service.

Essential Job Functions:  

• Budgeting and Forecasting: Assist and prepare annual budget creation and monthly/quarterly re-forecasts.
• Financial Modeling: Build various models for financial forecasting, scenario planning, and decision support.
• Variance Analysis:  Analyze actual financial results against budget and forecasts, providing explanations for variances.
• Performance Metrics: Monitor Key Performance Indicators (KPIs) and business drivers to inform management.
• Management Reporting: Prepare monthly, quarterly, and ad hoc reports, presentations, and dashboards for senior leadership.
• Business Partnering: Collaborate with departments (sales and operations) to provide analytical insights and align financial goals.
• Process Improvement: Enhance reporting tools, automate data processes, and strengthen financial policies.

Qualifications: 

• Bachelor’s degree in Finance, Accounting, Economics, or a related field. 
• Previous experience in financial planning and analysis, preferably in manufacturing or the medical device industry. 
• Strong understanding of financial concepts and principles. 
• Knowledge of supply chain and inventory management is a plus. 
• Ability to interpret financial statements and analyze data to identify trends and provide insights.  
• Report preparation and presentation skills. 
• Problem-solving and critical thinking skills. 
• Understanding of ERP systems for financial planning and analysis. 
• Excellent knowledge of MS Office Suite, particularly Excel and PowerPoint.
• Strong attention to detail and organizational skills.

 Physical Demands: 

• Ability to sit or stand for long periods of time. 
• Ability to lift, bend or move up to 15 pounds. 
• Ability to adjust schedule to meet deadlines and deliverables.
• Availability for emergency response outside normal business hours.
• Ability to work onsite

Compensation:

• $72,500 to $80,000 annually to start, Depending Upon Qualifications and Experience
• Paid Vacation
• Paid Holidays
• Paid Sick Leave
• Partial Payment by Company of Group Health Insurance
• 401(k) with limited company matching

POSITION IS ON-SITE AND NOT REMOTE

NO RELOCATION REIMBURSEMENT

Required Education:
- Bachelor's degree in Finance, Accounting, Economics, or a related field. A Master's degree or CPA/CFA certification is a plus.

Required Experience:
- Minimum of 3-5 years of experience in financial planning and analysis, accounting, or a related finance role.
- Proven experience in budgeting, forecasting, and financial modeling.
- Experience in the medical technology or healthcare industry is preferred but not mandatory.

Required Skills and Abilities:
- Strong analytical and quantitative skills with the ability to interpret complex financial data and provide actionable insights.
- Proficiency in financial software and tools, such as Microsoft Excel, SAP, Oracle, or similar ERP systems.
- Excellent communication skills, both written and verbal, with the ability to convey financial concepts to non-financial stakeholders.
- Strong organizational skills and attention to detail, with the ability to manage multiple priorities and deadlines.
- Ability to work independently as well as collaboratively in a team environment.
- High level of integrity and professionalism, with a commitment to maintaining confidentiality and ethical standards.
- Demonstrated problem-solving skills with a proactive approach to identifying and addressing potential financial issues.
- Familiarity with financial regulations and compliance requirements in the medical technology industry is advantageous.