Principal Financial Analyst, Corporate FP&A

Additional Location(s):  N/A

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.                

About the role: 

The Principal Financial Analyst of Corporate FP&A plays an important role in providing decision support to management by understanding and communicating the key drivers of gross margin and pricing impacts by division/region/product on a monthly/quarterly basis.  This position interfaces with the Global Business Units and our Global Manufacturing and Supply Chain team to analyze trends within the business and marketplace. This position also serves as a key resource in the Strategic Plan process, partnering with functional, divisional, and regional counterparts. This role must be highly connected to other members of the FP&A team to ensure consistency and avoid duplication of work.  This is a highly visible position, with presentations to executive management and other corporate functions.  

Your responsibilities include: 

Prepare and analyze monthly and quarterly gross margin and pricing reporting

• Review and communicate gross margin reporting and trends by division, region, and major product
• Understand and evaluate the impact of price and volume on gross margin performance
• Coordinate with the Global Manufacturing finance teams to understand production variances, ongoing trends, and FIFO accounting
• Prepare slides for executive team on results vs. forecast and prior periods
• Identify reporting capabilities to leverage within new ERP and financial planning systems

Assist and coordinate Strategic Plan processes

• Work with Global Finance teams to define, communicate and manage all requirements to develop financial statements; troubleshoot as needed and partner with business units and regions during the process
• Partner with the IT/FPS support team throughout the various work streams
• Support manufacturing finance teams’ analysis of standards improvement, including impact of revenue submissions, currency changes, and other business drivers
• Provide supporting analysis and total company roll-up to Senior Management understanding/tracking variances to internal expectations by BU/Region/P&L line item, along with external communicated targets and linkage to AOP.

Additional responsibilities include:

• Quickly and accurately respond to ad hoc queries from internal customers (including Sr./Executive Management)
• Assist in preparing schedules for CFO updates to Executive team and support preparations for quarterly earnings calls
• Support inclusive culture of finance
• Engage in continuous improvement activities to streamline core FP&A processes to enhance efficiency and effectiveness as well as supporting overall company optimization initiatives

What we're looking for: 
Required Qualifications

• Bachelor’s degree in Finance, Accounting, or Business
• 7+ years of relevant financial analysis, planning, and business support experience in medium to large company
• Advanced knowledge of tools and systems (HFM, Hyperion Planning, Excel, etc.) 

Preferred Qualifications

• Superior analytical skills
• Excellent oral and written communication skills
• Strong organizational, management, project and process skills
• Proven success in leading and building teamwork across the global enterprise
• Ability to thrive in a high-paced, high visibility environment
• Attention to detail, accuracy 

Requisition ID: 595250

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. 

Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identify, gender expression, veteran’s status, age, mental or physical disability, genetic information or any other protected class.

Boston Scientific maintains a prohibited substance free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status.  Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment.  Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements.   As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.