Principal Analyst, Profitability Analytics

Posted Yesterday
Be an Early Applicant
Hiring Remotely in Richmond, VA, USA
In-Office or Remote
Senior level
Healthtech
The Role
Maintain and evolve the company profitability model, manage monthly updates, improve cost allocation, develop analytics to identify profit opportunities, support users as subject-matter expert, and provide ad hoc reporting to drive margin improvements.
Summary Generated by Built In

Owens & Minor is a global healthcare solutions company providing essential products, services and technology solutions that support care delivery in leading hospitals, health systems and research centers around the world. For over 140 years, Owens & Minor has delivered comfort and confidence behind the scenes, so healthcare stays at the forefront, helping to make each day better for the hospitals, healthcare partners, and communities we serve. Powered by more than 14,000 teammates worldwide, Owens & Minor exists because every day, everywhere, Life Takes Care™.

 

Global Reach with a Local Touch

  • 140+ years serving healthcare

  • Over 14,000 teammates worldwide

  • Serving healthcare partners in 80 countries

  • Manufacturing facilities in the U.S., Honduras, Mexico, Thailand and Ireland

  • 40+ distribution centers

  • Portfolio of 300 propriety and branded product offerings

  • 1,000 branded medical product suppliers

  • 4,000 healthcare partners served


Benefits

  • Comprehensive Healthcare Plan - Medical, dental, and vision plans start on day one of employment for full-time teammates.

  • Educational Assistance - We offer educational assistance to all eligible teammates enrolled in an approved, accredited collegiate program.

  • Employer-Paid Life Insurance and Disability - We offer employer-paid life insurance and disability coverage.

  • Voluntary Supplemental Programs – We offer additional options to secure your financial future including supplemental life, hospitalization, critical illness, and other insurance programs.

  • Support for your Growing Family – Adoption assistance, fertility benefits (in medical plan) and parental leave are available for teammates planning for a family.

  • Health Savings Account (HSA) and 401(k) - We offer these voluntary financial programs to help teammates prepare for their future, as well as other voluntary benefits.

  • Paid Leave - In addition to sick days and short-term leave, we offer holidays, vacation days, personal days, and additional types of leave – including parental leave.

  • Well-Being – Also included in our offering is a Teammate Assistance Program (TAP), Calm Health, Cancer Resources Services, and discount programs – all at no cost to you.

Maintain profitability model used to drive business growth and profitability improvements across the Company. Lead continued efforts to evolve and refine cost allocation model by partnering with both internal and external support teams. Leverage profitability model data and analytics to identify and implement profit opportunities.

Salary: Up to $125k

ESSENTIAL JOB FUNCTIONS
1. Manage monthly model updates and maintenance, with a focus on continuous process
improvement to deliver timely and accurate data.
2. Identifies and leads implementation of cost assignment improvements to model.
3. Develop analytics leveraging data from profitability model to identify profit opportunities in
support of margin improvement initiatives.

4. As Subject Matter Expert of the profitability model, provide support to other users of the tool
in answering questions or troubleshooting issues.
5. Provide ad hoc reporting and analytics support.

SUPPLEMENTAL JOB FUNCTIONS
1. Performs additional duties as directed.
Qualifications

EDUCATION & EXPERIENCE REQUIRED
Bachelor’s Degree, or equivalent work experience required, in an analytical area such as
Business Analytics, Computer Science, Finance & Accounting, or Economics.
8 or more years of applicable experience.

KNOWLEDGE SKILLS & ABILITIES
Proficiency in Business Intelligence visualization tools, such as Power BI, Tableau, Qlik, etc.
Comprehensive understanding of financial statements, including Balance Sheets and Statement of Cash Flows, Income Statements.
Strong analytical skills, including experience with large, complex data sets
Experience identifying necessary data sources and ability to pull data from reporting servers for analysis.
Demonstrated achievement in application of IT tools toward improving analytical decision-making

Comfort level in working in and presenting to various levels of the Company,
including with senior leadership.
Strong communication skills, especially verbal/written communication to senior
management.
Ability to think logically and analytically, problem-solve, build consensus, and lead.
Demonstrated understanding of financial processes and systems
Strong ability and experience in performing multiple concurrent tasks
Ability to work independently and as a team leader

ADDITIONAL REQUIREMENTS
Ability to travel up to 15%.

If you feel this opportunity could be the next step in your career, we encourage you to apply. This position will accept applications on an ongoing basis.

Owens & Minor is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, sex, sexual orientation, genetic information, religion, disability, age, status as a veteran, or any other status prohibited by applicable national, federal, state or local law.

Skills Required

  • Bachelor's degree (or equivalent) in Business Analytics, Computer Science, Finance & Accounting, Economics, or related field
  • 8 or more years of applicable experience
  • Proficiency with Business Intelligence visualization tools (Power BI, Tableau, Qlik)
  • Comprehensive understanding of financial statements (Balance Sheet, Cash Flow, Income Statement)
  • Strong analytical skills with experience analyzing large, complex data sets
  • Experience identifying data sources and pulling data from reporting servers for analysis
  • Demonstrated application of IT tools to improve analytical decision-making
  • Ability to present to and communicate with senior leadership
  • Ability to think analytically, problem-solve, build consensus, lead, and work independently or as a team leader
  • Ability to perform multiple concurrent tasks
  • Ability to travel up to 15%

Owens & Minor Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Owens & Minor and has not been reviewed or approved by Owens & Minor.

  • Healthcare Strength Medical and vision coverage, employer-paid life and disability insurance, and mental-health resources (such as an assistance program and Calm Health) are included, with indications of fast eligibility for full-time roles. The breadth of core coverage is positioned as solid for a company of this size.
  • Leave & Time Off Breadth Paid holidays, vacation, sick time, and paid parental leave are included. These leave programs round out a comprehensive baseline alongside core health coverage.
  • Retirement Support A 401(k) program with company matching is offered, alongside tax-advantaged savings options. Auto-enrollment and a defined match structure underscore a structured approach to retirement saving.

Owens & Minor Insights

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The Company
HQ: Mechanicsville, VA
12,252 Employees
Year Founded: 1882

What We Do

Owens & Minor, Inc. (NYSE: OMI) is a Fortune 500 global healthcare solutions company providing essential products and services that support care from the hospital to the home. For over 100 years, Owens & Minor and its affiliated brands, Apria® , Byram®, and HALYARD*, have helped to make each day better for the patients, providers, and communities we serve. Powered by more than 20,000 teammates worldwide, Owens & Minor delivers comfort and confidence behind the scenes so healthcare stays at the forefront. Owens & Minor exists because every day, everywhere, Life Takes Care™.

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