Financial Analyst I - Product
Arthrex
Summary
The selected Financial Analyst I – Product will liaise with Arthrex Business Units to deliver reporting and analysis. Provide financial, market, and best practice insight and guidance in support of sales performance and business optimization.
Job description
Essential Duties and Responsibilities
- Provide routine and ad-hoc financial analysis and reporting
- Analyze financial results for accuracy, determining variance drivers and documenting performance commentary
- Perform trend and sensitivity analyses to determine potential impacts to business results
- Maintain cross-functional relationships with applicable business units and participate in cross-functional meetings to understand the status of identified initiatives
- Gather, organize, and present financial data for the applicable area for management reporting and in preparation for regular leadership reviews
- Prepare and summarize plan vs. actual reports and variance explanations for applicable areas
- Understand and monitor relevant KPIs/trends/events impacting the business and incorporate this information into forecasts and analyses
- Research and resolve inquiries for assigned functional areas
- Implement and support continuous improvement in data analytics, business intelligence, and reporting efficiency and effectiveness
- Exercise flexibility in working time or hours when needed to meet project deadlines and quality expectations
Additional Duties and Responsibilities
- Perform regular and ad hoc Product Team financial reporting, planning, and analysis activities including breakdown of sales and gross margins
- Prepare and analyze Product Team P&L data
- Monitor spending vs. budget by highlighting material variances and assisting in accounting activities review
- Analyze financial results for accuracy, determining variance drivers and writing performance commentary
- Perform trend and sensitivity analyses to determine potential impacts to business results
- Participate in regular cross-departmental meetings to understand the current status of on-going development projects and initiatives
- Research and resolve Product Team inquiries for assigned functional areas
- Liaise with the Operations Team and contribute to the Sales and Operations Planning process
- Gain proficiency in SAP, IBM Planning Analytics, Power BI, and other reporting and analytical tools
- Provide support and training on applicable business intelligence tools to Product Management
- Gather, organize, and report financial data for Product Management in preparation for regular leadership reviews
Specialized Skills
- Advanced Excel and proficiency in Microsoft Office Applications
- Problem-solving and analytical skills with high attention to detail
- Basic knowledge of SAP/ERP system or equivalent
Education / Experience
- Bachelor’s degree in Accounting, Finance or related Business/Economics required
- 1 year of relevant work experience preferred
Requirements
- Bachelor’s degree in Accounting, Finance or related Business/Economics required
- 1 year of relevant work experience preferred
- Advanced Excel and proficiency in Microsoft Office Applications
- Problem-solving and analytical skills with high attention to detail
- Basic knowledge of SAP/ERP system or equivalent
Benefits
- Medical, Dental & Vision Insurance
- Company-Provided Life Insurance
- Voluntary Life Insurance
- Flexible Spending Account
- Supplemental Insurance Plans
- Matching 401(k)
- Annual Bonus
- Wellness Incentive Program
- Free Onsite Medical Clinics
- Free Onsite Lunch
- Tuition Reimbursement
- Paid Parental Leave
- Paid Time Off
- Volunteer PTO
- Employee Assistance Provider
Company overview
Arthrex is a global leader in orthopedic medical device innovation and minimally invasive surgical technology. Founded in 1981 and headquartered in Naples, Florida, the company has pioneered the field of arthroscopy and maintains a strong focus on advancing orthopedic surgical procedures worldwide. With the corporate mission of "Helping Surgeons Treat Their Patients Better," Arthrex develops over 1,000 innovative products and surgical procedures annually, specializing in arthroscopy, sports medicine, total joint arthroplasty, and orthobiologics. As a privately held company with a family business culture, Arthrex operates globally with regional offices in Munich, Mexico City, and Singapore, serving healthcare professionals across more than 31 locations. The company is renowned for its comprehensive medical education programs, state-of-the-art manufacturing facilities, and commitment to delivering uncompromising quality in orthopedic care. Arthrex continues to experience significant growth while maintaining its dedication to scientific research, product development, and supporting surgeons in improving patient outcomes through minimally invasive techniques.