Senior Financial Analyst, Gross Margin & Capital - Urology Division

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.       

Senior Financial Analyst, Gross Margin & Capital – Urology Division

About the Role:

At Boston Scientific, the Senior Financial Analyst will play a key role within the Urology Finance organization. The individual will be responsible for planning, reporting and analytics for gross margin, pricing, and our capital equipment business. The individual will be a key contributor to understanding and communicating the financial performance of the Division, as well as providing inputs to inform decision-making relative to proposed sales and rebate programs.

This position also partners with senior management of the Division, providing support and consultation on their functional areas of the business. This position reports to the Urology Finance Senior Manager and requires a high degree of cross-functional collaboration, as well as interaction with other divisional and regional finance groups across the organization.
 

Your Responsibilities Include: 

• Serve as the primary Finance business partner for the Sustaining R&D organization, supporting senior functional leaders through headcount planning, forecasting, reporting and financial close.
• Perform all aspects of the monthly financial close (e.g., necessary journal entries, account reconciliations, generation of monthly and quarterly reporting schedules, management reporting, variance/trend analysis).
• Contribute to monthly and quarterly reporting packages to share with management highlighting key financial metrics vs. goals. Communicate insights into areas of interest and risk at the appropriate level of detail for the intended audience.
• Perform monthly detailed gross margin analysis to provide a deep understanding of the components driving fluctuations and continue to identify areas of opportunity.
• Perform monthly pricing analysis and prepare related reporting for decision making.
• Perform inventory accounting and quarterly EE&O reviews; serve as liaison with Global Supply Chain for inventory related issues.
• Serve as divisional representative on the Capital Equipment Technical Service (CETS) team, provide divisional inputs to reporting process, understand planning outputs and participate in reviews to ensure accuracy and completeness.
• Liaise with the manufacturing plant network to aid divisional understanding of monthly results as well as help drive the annual standard cost improvement process.
• Support and monitor certain accounting areas performed by GBS including Sales Type Leasing accounting, Sales Return Reserve and Warranty Accrual.
• Lead EU MDR forecasting, consolidation, and reporting.
• Lead SOX 404 control testing for the Division.
• Drive continuous improvement within our financial processes to gain efficiencies.
• Support ad-hoc requests and projects when required.

What We’re Looking For:

Required Qualifications:

• Bachelor's degree in Business, Economics, Finance, Accounting, or related field
• 3+ years of experience in financial planning and analysis, and business support
• Strong knowledge of tools and systems (e.g., ERP, Excel, PowerPoint)
• Ability to work well in a complex, highly matrixed global organization and simplify that matrix for reporting and analytical purposes.
• Ability to consolidate, synthesize and report on large amounts of financial data.
• Very strong financial analysis skills with attention to detail and data accuracy
• Outstanding verbal and written communication skills
• Ability to work autonomously and act in a consultative role.
• Exceptional organizational, time management and prioritization skills
• Ability to multi-task and manage deliverables in a fast-paced environment.
• Continuous improvement mindset

Preferred Qualifications:

• MBA or Master’s degree in Business, Economics, Finance, Accounting, or related field
• Prior experience in a medium to large company with global presence
• Prior experience using Hyperion Planning and SAP applications.
• Prior experience using a project portfolio management system (e.g., Planisware)
• Prior experience using business intelligence and analytical tools (e.g., Tableau, Power BI, Alteryx)
• Drive and ambition to develop and grow into more senior finance roles.
   

Requisition ID: 600736

Minimum Salary: $72800 

Maximum Salary: $138300 

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.

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 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.