Director, Manufacturing Finance

novabio; Waltham (MA); Hybrid; USD 200,000 - 260,000; Full time

Benefits offered by this job

Hybrid work arrangements

401k company match

Bonus program

Tuition reimbursement

Career development

Job summary

Nova Biomedical is seeking a Director of Manufacturing Finance to lead strategic finance across global manufacturing. You will partner with manufacturing, supply chain and operations to drive performance, cost excellence and scalable processes in a regulated environment.

This role demands deep manufacturing finance expertise, advanced modeling, and the ability to influence cross-functional leaders while delivering actionable insights for margin expansion and growth.

Qualifications

• Deep understanding of manufacturing finance, including variances, absorption costing, and operational KPIs.
• Experience with ERP systems (SAP S/4HANA strongly preferred).
• Strong financial modeling and analytical skills, experience with AI-enabled tools.
• Experience supporting multi-site, global manufacturing operations.
• Strong business partner with the ability to influence cross-functional stakeholders.
• Proven ability to operate at both strategic and tactical levels.
• Excellent communication skills with experience presenting to executive leadership.
• Results-oriented with a focus on continuous improvement and accountability.
• 10 to 15+ years of progressive finance experience, including significant exposure to manufacturing environments.
• Prior experience in life sciences, medical devices, biotech, or highly regulated industries strongly preferred.
• Demonstrated expertise in cost accounting, standard costing, and inventory management.

Responsibilities

• Serve as the primary finance business partner to Manufacturing, Supply Chain, Quality, and Operations leadership.
• Provide actionable insights to optimize production efficiency, capacity utilization, and cost structure.
• Support decision-making on product mix, sourcing strategies, and make vs. buy analyses.
• Partner with site leaders to drive accountability for financial results and KPIs.
• Provide forward-looking insights on cost trends, throughput constraints, and margin performance.
• Translate operational metrics into financial outcomes for executive leadership.
• Annual operating plan (AOP), quarterly forecasts, and long-range planning for manufacturing operations.
• Develop variance analysis on key drivers including volume, yield, labor, overhead, and scrap
• Oversee standard costing processes across manufacturing sites, including cost roll ups and updates.
• Ensure accurate product costing, BOM integrity, and routing assumptions.
• Monitor and analyze manufacturing variances (labor, material, overhead, absorption).
• Drive inventory optimization, including turns, obsolescence, and excess & slow-moving inventory.
• Ensure compliance with US GAAP for inventory valuation and cost capitalization.
• Partner with operations to evaluate capital expenditures (CapEx) including new equipment, automation, and facility expansion.
• Develop business cases, ROI models, and post-investment reviews.
• Ensure alignment of capital allocation with strategic growth priorities.
• Support ERP (e.g., SAP S/4HANA) implementation and optimization, particularly in manufacturing and cost accounting modules.
• Strengthen financial processes and internal controls related to inventory, costing, and manufacturing operations.
• Ensure audit readiness and compliance with SOX and regulatory requirements.

Skills

Manufacturing finance

Cost accounting

Variance analysis

Financial modeling

ERP systems

Executive communication

Cross-functional partnership

AI-enabled tools

Global multi-site

SOX/compliance

Education

Bachelor's in Finance/Accounting

MBA preferred

CPA preferred

Tools

SAP S/4HANA

Excel

Financial planning software

Job description

Nova Biomedical: One Global Brand. One Vision. Together under one name.

Advanced Instruments and Nova Biomedical are now united under one brand, Nova Biomedical, marking a major milestone in our journey to deliver greater value to our customers. By combining our strengths, we're accelerating innovation, supporting critical workflows, and delivering world-class service across the biopharmaceutical and clinical markets.

Job Summary

The Director, Manufacturing Finance is a strategic finance leader responsible for partnering with manufacturing, supply chain, and operations leadership to drive financial performance, cost excellence, and operational scalability across a life science tools organization. This role provides financial leadership across manufacturing sites, including planning, cost accounting, inventory management, capital investment, and continuous improvement initiatives.

The position is highly visible and plays a critical role in supporting growth, margin expansion, and operational efficiency in a regulated, global manufacturing environment.

Responsibilities

• Serve as the primary finance business partner to Manufacturing, Supply Chain, Quality, and Operations leadership.
• Provide actionable insights to optimize production efficiency, capacity utilization, and cost structure.
• Support decision-making on product mix, sourcing strategies, and make vs. buy analyses.
• Partner with site leaders to drive accountability for financial results and KPIs.
• Provide forward-looking insights on cost trends, throughput constraints, and margin performance.
• Translate operational metrics into financial outcomes for executive leadership.
• Annual operating plan (AOP), quarterly forecasts, and long-range planning for manufacturing operations.
• Develop variance analysis on key drivers including volume, yield, labor, overhead, and scrap
• Oversee standard costing processes across manufacturing sites, including cost roll ups and updates.
• Ensure accurate product costing, BOM integrity, and routing assumptions.
• Monitor and analyze manufacturing variances (labor, material, overhead, absorption).
• Drive inventory optimization, including turns, obsolescence, and excess & slow-moving inventory.
• Ensure compliance with US GAAP for inventory valuation and cost capitalization.
• Partner with operations to evaluate capital expenditures (CapEx) including new equipment, automation, and facility expansion.
• Develop business cases, ROI models, and post-investment reviews.
• Ensure alignment of capital allocation with strategic growth priorities.
• Support ERP (e.g., SAP S/4HANA) implementation and optimization, particularly in manufacturing and cost accounting modules.
• Strengthen financial processes and internal controls related to inventory, costing, and manufacturing operations.
• Ensure audit readiness and compliance with SOX and regulatory requirements.

Experience Requirements

• Deep understanding of manufacturing finance, including variances, absorption costing, and operational KPIs.
• Experience with ERP systems (SAP S/4HANA strongly preferred).
• Strong financial modeling and analytical skills, experience with artificial intelligence enabled tools.
• Experience supporting multi-site, global manufacturing operations.
• Strong business partner with the ability to influence cross-functional stakeholders.
• Proven ability to operate at both strategic and tactical levels.
• Excellent communication skills with experience presenting to executive leadership.
• Results-oriented with a focus on continuous improvement and accountability
• 10 to 15+ years of progressive finance experience, including significant exposure to manufacturing environments.
• Prior experience in life sciences, medical devices, biotech, or highly regulated industries strongly preferred.
• Demonstrated expertise in cost accounting, standard costing, and inventory management.
• Bachelor’s degree in Finance, Accounting, or related field; MBA and/or CPA preferred.
• Sustainability Reporting: Lead the reporting Scope 1, 2 and 3 emissions. Partner with the sustainability team on our transition plan for reduction of Scope 1 and 2 emissions preferred.

Physical Requirements and Working Conditions

• Comfort with working at a computer for extended periods.
• Capacity to lift and carry up to 25-50 pounds as required
• Able to communicate effectively via phone, video, and written communication.
• Occasional need to move about the office to access meetings or resources.

Why work for Nova Biomedical

• Flexible Medical, Dental, & Vision Coverage
• Competitive 401k company match
• Bonus Program, Generous PTO and paid holidays
• Generous Tuition reimbursement
• Hybrid and flexible work arrangements
• Professional development, engagement and events
• Company marketplace for lunch and snacks in our Norwood, MA, Billerica, MA and Westbrook, ME offices
• Company subsidized cafeteria in our Waltham, MA office

Work Location

4 days in office, 1 day remote, work schedule, onsite in our Waltham, MA

Targeted Salary Range

$200,000-$260,000/yr

Nova Biomedical believes in transparency and integrity throughout all we do, including compensation. The provided salary range for this role represents the expected base salary or hourly rate for this opening. Actual compensation will be commensurate with the candidate’s experience and may vary based on individual factors such as location, skills, and education.

About the Company

At Nova Biomedical, we're not just building instruments, we're powering breakthroughs that improve lives. Our smart, science-driven solutions are trusted in over 100 countries to speed drug development and enhance patient care.

Our integration brings together more than 70 years of scientific excellence with Nova's cutting edge innovation, forming a powerhouse of precision, purpose, and possibility. With FDA-registered, ISO-certified manufacturing, more than 125 FDA approvals, and industry-trusted diagnostics, we're setting new standards in quality and reliability. Nova Biomedical is proud to be a global leader in osmolality testing and biotechnology and in vitro diagnostic (IVD) instrumentation, dedicated to advancing patient care and scientific discovery with a legacy that continues to shape the future of life sciences.

With headquarters in Norwood and Waltham, Massachusetts, and a global team of nearly 2,000 employees, we're building a collaborative, empowered culture grounded in shared values: Customer Centricity, Ingenuity, Ownership & Accountability, Collaboration, and Integrity.

Working at Nova Biomedical means joining a mission-driven organization where your contributions matter. Whether you're in engineering, science, manufacturing, or support, you'll be part of a team that values innovation, invests in your growth, and is committed to making a real-world impact on global health.

Exploring what's next with us

novabiomedical.com

EEO Statement

Nova Biomedical takes pride in being an equal opportunity employer committed to hiring a diverse and inclusive workforce. As a part of our commitment to a diverse and inclusive workforce, Nova Biomedical 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.

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