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Senior Financial Analyst

Werfen

Bedford

On-site

GBP 40,000 - 60,000

Full time

2 days ago
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Job summary

A leading company in diagnostics is seeking a Financial Analyst based in Bedford. The ideal candidate will prepare financial reports, manage budgets, and provide strategic financial support. A Bachelor's degree in Accounting or Finance and at least 5 years of relevant experience are essential for this role.

Qualifications

  • Bachelor's degree in Accounting, Finance or related field.
  • Minimum 5 years of experience in accounting or financial reporting.
  • Strong working knowledge of accounting principles.

Responsibilities

  • Analyzes and prepares functional reporting packages.
  • Prepares annual budgets and evaluates profitability of new deals.
  • Interprets financial results and recommends profit improvements.

Skills

Spreadsheet analysis
Communication

Education

Bachelor's degree in Accounting or Finance
Graduate program in Accounting or Finance

Tools

SAP

Job description

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Werfen, founded in , is a worldwide developer, manufacturer and distributor of specialized diagnostic instruments, related reagents, automation workcells, and data management solutions for use primarily in hospitals and independent clinical laboratories. The Company’s business lines include Hemostasis, Acute Care, and Autoimmunity diagnostics, as well as Original Equipment Manufacturing. Our success comes from a specific focus in these rapidly evolving diagnostic areas, our commitment to customers, and our dedication to innovation and quality. We’re passionate about providing healthcare professionals the most valuable and complete solutions to improve hospital efficiency and enhance patient care.

Our North American Commercial Operations, as well as our Headquarters and Technology Center for Hemostasis and Acute Care Diagnostics, are based in Bedford, MA. Our Headquarters and Technology Center for Autoimmunity Diagnostics is based in San Diego, CA. Additionally, our Technology Center for Hemostasis and Blood Gas Reagents is in Orangeburg, NY, and our Technology Center for Whole Blood Hemostasis is in San Diego, CA.

Position Summary:

Prepares all reporting information. Performs financial analysis and participate in special projects for the research and development and digital solutions departments. Represents the finance organization on various business teams contributing both financial and strategic support.

Responsibilities

Key Accountabilities

Essential Functions:

  • Analyzes and prepare functional reporting package.
  • Analyzes sales, gross margin, SG&A expenses and capital expenses by product line.
  • Spearheads the preparation of the annual budgets.
  • Ensures that investment model ("IRR") assumptions are current.
  • Evaluates the profitability of new reagent rental deals.
  • Ensures that reagent rental contracts are properly accounted for.
  • Participates in the development and evaluation of gridline pricing, marketing programs and compensation plans.
  • Interprets financial operating results and makes recommendations for cost reduction and profit improvement.
  • Proactively reengineers processes and procedures to reduce time/cost/rework and/or increase accuracy/quality.
  • Continually enhances the quality, reliability and responsiveness of the information provided.
  • Spearheads other financial projects as required for timely and effective decision making

Budget Managed (if applicable):

Internal Networking/Key Relationships:

  • To be determined based on department needs

Skills & Capabilities:

  • Facility with spreadsheet analysis, Windows environments and mainframe or platform based software SAP experience preferred
  • Strong written and verbal communication skills

Qualifications

Minimum Knowledge & Experience Required for the Position:

  • Bachelor's degree in Accounting, Finance or related field; completion of a graduate program in accounting or finance preferred
  • Minimum 5 years of experience in a professional environment in an accounting or financial reporting position
  • Strong working knowledge of the concepts, principles, and practices of accounting and financial reporting
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