Financial P&A - P5

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.

Financial P&A - P5 (Principal Financial Analyst)

Responsible for financial planning, reporting and analysis. Prepares financial plans and forecasts based on performance expectations. Gathers and publishes financial information related to historical, current and future performance. Performs financial analysis utilizing appropriate financial concepts and techniques. Recommends alternative courses of action.

Responsibilities

• Develop detailed financial forecasts incorporating historic, trended and current business information.
• Monitor functional and departmental spending versus budget by highlighting material variances using system generated detail and trend reports.
• Prepare journal entries and assist in month end close as needed to ensure proper accounting at the functional and departmental level.
• Prepare and distribute financial reports and packages by gathering and analyzing information related to current performance.
• Perform financial analysis, as directed by management, and recommend alternatives courses of action by utilizing appropriate financial tools . (e.g. EVA, NPV analysis).
• Evaluate new business opportunities, potential acquisitions, new products, tax planning and spending initiatives by modeling alternative financial scenarios (e.g. revenues, profitability etc).
• Prepare sensitivity analysis impact on revenue, expenses and profitability by modeling changes in key variables (recommending appropriate course of action).
• Develop and utilize sound financial processes
• Prepare monthly business metrics; lead pre-business review meetings; actively participate in full business unit review
• Assist with month end financial close process for Dorado Operations including completion of journal entries, spending and variance analysis, and report preparation.
• Key support to annual financial planning processes, including the Annual Operating Plan, Forecasts and Strat Plan, ensuring alignment with corporate goals and cross-functional business priorities.
• Annual Budget / Forecast – Provide financial and analytical support to Mfg. Business Units for completion of budgets/forecasts.
• Primary point of contact for financial analytics relating to operations cost improvement projects.
• Partner with production, engineering, and quality engineering managers in analysis of business unit performance drivers, including but not limited to explanation of variances, metric results, and VIP recognition.
• Focus on continuous improvement of all facets of reporting and analysis in Operations Finance.
• Evaluate new product integrations and transfers

Requirements:

• Bachelor's Degree and 10+ years of related work experience
• Effective Communication Skills (Written & Verbal) with peers and leadership
• Experience in manufacturing finance or a similar role, with cost accounting experience strongly preferred.
• Customer Service Oriented
• Understanding of accounting processes, procedures and internal controls.
• Strong research and analysis skills / ability.
• Experience interfacing with and conducting business with various functional disciplines (Supply Chain, QA, Engineering, Operations, etc.).
• Significant experience with SAP Business Systems
• Demonstrated experience in developing product standard costs, budgets and forecasts including variance analysis
• Experience with Microsoft Office tools (Excel, PowerPoint, Word).
• Must be Fully Bilingual (English/Spanish)
• Process improvement oriented, with demonstrated ability to leverage AI, automation, digital tools, and analytics to enhance reporting and analysis.

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Requisition ID: 631330

Minimum Salary: $ 77300

Maximum Salary: $ 146900

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.

Among other requirements, Boston Scientific maintains specific prohibited substance test requirements for safety-sensitive positions. This role is deemed safety-sensitive and, as such, candidates will be subject to a prohibited substance test as a requirement. The goal of the prohibited substance testing is to increase workplace safety in compliance with the applicable law.