Principal Financial Analyst, Corporate FP&A
About this role
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:
The Principal Financial Analyst of Corporate FP&A plays an important role in providing decision support to management by understanding and communicating the key drivers of gross margin and pricing impacts by division, region, and product on a monthly and quarterly basis. This position interfaces with the Global Business Units and our Global Manufacturing and Supply Chain team to analyze trends within the business and marketplace. This position also serves as a key resource in the Strategic Plan process, partnering with functional, divisional, and regional counterparts. This is a highly visible position, with presentations to executive management and other corporate functions.
Your responsibilities will include:
Prepare and analyze monthly and quarterly gross margin and pricing reporting
• Review and communicate gross margin reporting and trends by division, region, and major product • Understand and evaluate the impact of price and volume on gross margin performance • Coordinate with the Global Manufacturing finance teams to understand production variances, ongoing trends, and FIFO accounting • Prepare slides for executive team on results vs. forecast and prior periods • Partner with Treasury team to quantify FX impacts on GM and with the IR team on crafting external talk-track on margin performance
Assist and coordinate Strategic Plan processes
• Work with Global Finance teams to define, communicate and manage all requirements to develop financial statements; troubleshoot as needed and partner with business units and regions during the process • Partner with the IT/FPS support team throughout the various work streams • Support manufacturing finance teams’ analysis of standards improvement, including impact of revenue submissions, currency changes, and other business drivers • Provide supporting analysis and total company roll-up to Senior Management understanding/tracking variances to internal expectations by BU/Region/P&L line item, along with external communicated targets and linkage to AOP.