Principal Revenue and Gross Margin Analyst
Marlborough, MA, US, 01752
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:
Join a dynamic and innovative team within the Endoscopy division at Boston Scientific. The Endoscopy Finance team is looking for a highly motivated Principal Financial Analyst that will play a key role in supporting the financial planning, reporting, and analysis of the Global Endoscopy business. This analyst will be responsible for leading the planning, forecasting, and monthly close process for Global Revenue and Gross Margin (GM). This will include partnering with our global teams and functions outside of Endoscopy, including Operations, to understand key strategies and drivers to achieve our revenue and GM goals. The analyst will gather and publish financial information related to historical, current and future performance for management reporting. The analyst will also perform financial analysis and bring forward recommendations utilizing appropriate financial concepts and techniques.
This role will report directly to the Associate Director of Finance with strong collaboration across the finance team.
Your responsibilities will include:
• Collaborate with multifunctional business and franchise leaders to support and grow the Endoscopy business
• Lead the planning, forecasting, and month-end close processes for global revenue and gross margin
• Support the U.S. selling organization’s budgeting process
• Analyze and forecast inventory charge activity including excess, expiring, and obsolete product
• Provide financial insights and recommendations regarding portfolio optimization, pricing trends, and market share strategies
• Partner with Operations to understand manufacturing strategies and their impact on gross margin
• Facilitate strategic plans through partnership with marketing, sales, and finance teams
• Present forecasts and insights to finance and non-finance stakeholders
• Identify financial risks and opportunities using data-driven analysis
• Collaborate with accounting to ensure proper revenue forecasting tied to capital programs
• Evaluate new tools and technologies to improve forecasting and reporting accuracy
• Lead ad hoc financial projects supporting divisional and corporate initiatives
• Support franchise leadership with monthly and quarterly financial analysis
• Partner with the business and bring forward recommendations to improve revenue and GM, including analytics on portfolio rationalization, pricing, and market share strategies.
Required qualifications:
• Bachelor’s degree in finance, accounting, business, or related field
• Five or more years of experience in financial analysis
• Proven track record of business partnering and working closely with senior leadership
• Strong mathematical and analytical skills, with the ability to perform core financial calculations (e.g., growth rates, weighted averages) accurately.
Preferred qualifications:
• MBA or advanced degree
• Experience in revenue FP&A or similar roles; other finance and accounting backgrounds also considered
• Ability to think strategically and proactively address business risks and opportunities
• Strong communication skills adaptable to varied audiences
• Ability to operate independently in a fast-paced, deadline-driven environment
• Proficiency in Excel, PowerPoint, Hyperion, SAP, and financial modeling
• High attention to detail and data accuracy
Boston Scientific will not offer sponsorship or take over sponsorship of an employment visa for this position at this time. This role is hybrid-based from our Marlborough, MA office.
Requisition ID: 630734
Minimum Salary: $106800
Maximum Salary: $202900
The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com—will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.
Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).
Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).
For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.
Boston Scientific transforms lives through innovative medical technologies that improve the health of patients around the world. As a global medical technology leader for more than 45 years, we advance science for life by providing a broad range of high-performance solutions that address unmet patient needs and reduce the cost of healthcare. Our portfolio of devices and therapies helps physicians diagnose and treat complex cardiovascular, respiratory, digestive, oncological, neurological and urological diseases and conditions. Learn more at www.bostonscientific.com and follow us on LinkedIn.
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 identity, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.
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.
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