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Principal Financial Analyst, Revenue and Gross Margin

Boston Scientific

Marlborough (MA)

Hybrid

USD 103,000 - 197,000

Full time

3 days ago
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Job summary

A leading company in the medical equipment manufacturing industry is seeking a Principal Financial Analyst. This role involves financial planning, forecasting, and analysis within the Endoscopy division, requiring collaboration across global teams to drive strategic financial decisions. The analyst will focus on global revenue, gross margin, and OPEX, providing crucial insights while supporting the U.S. selling organization’s budgeting efforts.

Qualifications

  • Five or more years of experience in financial analysis.
  • Proven track record of business partnering and working closely with senior leadership.

Responsibilities

  • Lead the planning, forecasting, and month-end close processes for global revenue, gross margin, and OPEX.
  • Analyze and forecast inventory charge activity including excess, expiring, and obsolete product.
  • Present forecasts and insights to finance and non-finance stakeholders.

Skills

Financial analysis
Business partnering
Data-driven analysis
Communication
Attention to detail

Education

Bachelor’s degree in finance, accounting, business, or related field
MBA or advanced degree

Tools

Excel
PowerPoint
Hyperion
SAP

Job description

Principal Financial Analyst, Revenue and Gross Margin

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Principal Financial Analyst, Revenue and Gross Margin

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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

Join a dynamic and innovative team within the Endoscopy division at Boston Scientific. We are seeking a highly motivated Principal Financial Analyst to play a pivotal role in financial planning, reporting, and analysis for our global business. This position offers the opportunity to make a meaningful impact on strategic financial decisions while collaborating cross-functionally with global teams, including Operations. You will be responsible for leading the planning, forecasting, and monthly close processes for global revenue and gross margin, as well as supporting the U.S. selling organization’s budgeting efforts. This role reports directly to the Director of Finance and works closely with cross-functional finance partners.

Boston Scientific will not offer sponsorship or take over sponsorship of an employment visa for this position at this time. This role must work hybrid from our Marlborough, MA office.

Your Responsibilities Will Include

  • Collaborate with multifunctional business and franchise leaders to support and grow the Endoscopy business
  • Lead the planning, forecasting, and month-end close processes for global revenue, gross margin, and OPEX
  • Support the U.S. selling organization’s budgeting process
  • Analyze and forecast inventory charge activity including excess, expiring, and obsolete product
  • Provide financial insights and recommendations regarding portfolio optimization, pricing trends, and market share strategies
  • Partner with Operations to understand manufacturing strategies and their impact on gross margin
  • Facilitate strategic plans through partnership with marketing, sales, and finance teams
  • Present forecasts and insights to finance and non-finance stakeholders
  • Identify financial risks and opportunities using data-driven analysis
  • Collaborate with accounting to ensure proper revenue forecasting tied to capital programs
  • Evaluate new tools and technologies to improve forecasting and reporting accuracy
  • Lead ad hoc financial projects supporting divisional and corporate initiatives
  • Support franchise leadership with monthly and quarterly financial analysis

Required Qualifications

  • Bachelor’s degree in finance, accounting, business, or related field
  • Five or more years of experience in financial analysis
  • Proven track record of business partnering and working closely with senior leadership

Preferred Qualifications

  • MBA or advanced degree
  • Experience in revenue FP&A or similar roles; other finance and accounting backgrounds also considered
  • Ability to think strategically and proactively address business risks and opportunities
  • Strong communication skills adaptable to varied audiences
  • Ability to operate independently in a fast-paced, deadline-driven environment
  • Proficiency in Excel, PowerPoint, Hyperion, SAP, and financial modeling
  • High attention to detail and data accuracy

Requisition ID: 608332

Minimum Salary: $103700

Maximum Salary: $197000

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com--will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).

For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve.

Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company 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 identify, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.

Seniority level
  • Seniority level
    Not Applicable
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Other
  • Industries
    Medical Equipment Manufacturing

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