Finance Manager - Product

Essential Duties and Responsibilities

• Manage a team of financial analysts and mentor them in partnering with Product Management, providing meaningful metrics to support business optimization.
• Perform and oversee regular and ad hoc product team financial reporting, planning, and analysis activities including sales, margin and inventory analytics.
• Liaise with the Supply Chain Operations Team and contribute meaningful insight to the Sales and Operations Planning process.
• Foster cross-functional relationships, developing and reporting KPIs that bring transparency to profitability, performance, and effectiveness of assigned product teams, both domestically and internationally.
• Champion strategic business decisions by analyzing results and developing insightful suggestions for investments, sourcing, asset utilization, and cost reduction.
• Support business case and ROI analytics for new product initiatives and promotional strategies while monitoring overall ROI opportunity.
• Provide financial guidance and assistance to leaders within applicable product teams or regions.
• Oversee, prepare, and summarize plan vs. actual results and variance explanations for applicable areas.
• Prepare and present financial data for applicable areas in support of management and executive-level reporting and review.
• Develop and demonstrate product line expertise, serving as a financial subject-matter expert and consulting in domestic and international projects.
• Research and lead inquiry resolution for applicable functional areas and business units.
• Oversee and assist with annual revenue and SG&A budgeting processes for applicable functional areas and business units.
• Drive a high-level of accuracy in the operational expense forecasting process, aligning spend with headcount expectations, capital depreciation, and other cost drivers.
• Ensure budgets and forecasts meet organizational financial targets.
• Implement, support, and champion continuous improvement in data analytics, business intelligence, and reporting efficiency and effectiveness.

Knowledge and Skill Requirements

• Possesses superior know-how and skill set to perform many functions of the department.
• Acts as the extension of the manager with limited direction or instruction.
• Supervises and works alongside employees in pursuit of achievement of goals set by Leader.
• Trains and mentors both direct reports and more junior employees, supporting development and career goals.
• Provides leadership and guidance in support of Team objectives and plays a lead role in roadblock identification and resolution.
• Provides data, information, and recommendations to senior leaders to aid decision-making and pursuit of department goals.
• Makes decisions within assigned framework to support departmental goals and responsibilities.
• Acts as the first point of contact for team members and exercises discretion regarding escalation to higher level Leadership.
• Can represent the department as deputy of department Leaders.
• Responsible for overall and day-to-day workload, accuracy, performance, and performance evaluations of direct reports.
• Makes decisions to motivate and effectively lead the Team to achieve individual career goals as well as goals aligned with Finance Department Leaders.
• Directs and manages day-to-day activities of their Team.
• Maintains a technical workload while also delegating less complex and repetitive tasks to direct reports.
• Communicates strategy to the Team.
• Proposes HR developments for the Team.

Education and Experience

• Bachelor’s degree in Accounting, Finance or related Business/Economics required
• 7+ years of relevant work experience required
• 2+ years of managerial experience required
• CPA, MBA, or Master’s degree in Finance or Accounting Preferred
• Experience with Power BI and/or Planning Analytics Workspace Preferred
• Medical Device industry Preferred, experience in Orthopedics a plus