Senior Financial Analyst - Active Implantables

Cirtec Medical; Brooklyn Park (MN); On-site; USD 100,000 - 145,000; Full time

Benefits offered by this job

Health insurance

401(k) company match

Paid Time Off

Career development programs

Job summary

Cirtec Medical is seeking a Sr. Financial Analyst in Minnesota to become a strategic partner to our engineering and manufacturing teams.

This role will actively participate in developing a long-term operations strategy, driving key financial metrics, and leading process improvements to enhance overall financial performance. The successful candidate will have 7+ years in industrial manufacturing, strong analytical and communication skills, and experience with standard cost and project costing.

Qualifications

• Minimum of a Bachelor's degree in Accounting, Finance, or similar.

Responsibilities

• Develop robust reporting around manufacturing activity and financial results.
• Lead standard cost processes including labor rates, routings, and material cost.
• Collaborate with site Finance peers to share best practices and drive change.
• Create metrics and tools for daily, weekly, monthly, and quarterly plant performance reporting.
• Ensure savings targets related to capital investments are delivered.
• Provide sound financial analyses to support capital investments and sourcing decisions.
• Develop forward-looking analyses to support program milestones and budgets.

Skills

Financial analysis

Manufacturing operations

Forecasting

Process improvement

Communication

Influencing

Education

Bachelor's degree in Accounting, Finance

Tools

ERP system

Cost accounting software

Job description

Description

Please note - Sponsorship or transfer of sponsorship, including OPT/F1 Visas, is not available for this role.

About us:

For over three decades, Cirtec Medical has been a leading provider of manufacturing solutions for complex Class II and III medical devices. We specialize in providing comprehensive services from design and development to manufacturing and finished device assembly. Our expertise spans active implants and neuromodulation, interventional cardiology, structural heart, minimally invasive surgical systems, smart orthopedics, and precision components.

Our dedicated teams prioritize growth, innovation, and collaboration. We actively seek opportunities for improvement to enhance our support for clients. If you embrace a growth mindset and thrive on challenge, you may be a perfect fit for our team!

Position Summary:

The Sr. Financial Analyst will be a strategic thought and business partner to support both our engineering and manufacturing groups. The successful candidate will be a hands-on, participative manager. The Sr. Financial Analyst will participate in the development of a long-term operations strategy for the manufacturing and engineering groups, and they will drive execution of the key elements. He/she will create, monitor, and drive the achievement of financial operational metrics across all functional areas. The Sr. Financial Analyst is a critical participant in all significant decisions within the functional area, facilitating strong analysis and problem solving, as required. The Sr. Financial Analyst is expected to drive execution of key business initiatives and outcomes. It is expected that the Financial Analyst will drive process improvements through a variety of projects and initiatives that will result in superior financial performance.

Key Responsibilities:

• Develop robust processes and reporting with clarity around operational activity in the month that drove the financial results.
• Own and drive the redevelopment of the standard cost process including leading the effort on labor rates, routings, and material cost through the annual standard cost roll.
• Works well with Finance peers at other sites to share best practices and help drive change, process improvements, and nimbleness.
• Enhance and/or develop reporting metrics and tools for the daily, weekly, monthly, and quarterly reporting of plant performance. Drive delivery of the financial commitments made by the Operations team.
• Ensure delivery of savings targets related to the company's key capital investments.
• Ensure that new capital investments and sourcing decisions are supported with sound financial analyses.
• Develop tools that can be leveraged going forward for future projects.
• Own the invoicing process for the engineering group to provide final review before sending to client(s).
• Provide support to the Program Management and Engineering teams to ensure development program milestones are achieved on time and within budget.

Must Have:

• Minimum of a Bachelor's degree in Accounting, Finance, or similar.
• A seasoned financial and manufacturing operations professional with at least 7 years of related business experience and a progressive career path in an industrial manufacturing environment, preferably in contract manufacturing, engineering, and machining / molding operations.
• Strong experience driving key metrics, reporting, and "anticipating" key issues based on forecasts, manufacturing capacity, and partnering with the Operations leadership (Plant Manager) to mitigate risk.
• Honed analytical and problem-solving skills. A strong propensity to action and problem solving through sound judgement, proactivity, and efficient organization.
• Ability to communicate analyses and performance metrics in a clear, simple and compelling manner. Strong influencer with a demonstrated successful track record for highlighting areas of opportunity and partnering with the General Manager on measurable action plans.
• Well-developed cost/managerial accounting skills, including standard cost and project cost accounting.
• Strong sensitivity to the voice of the customer, both internal and external.
• Understand how to apply Operational Excellence and Lean tools to manage a business more effectively.
• Possess strong communication skills and a personable, engaging management style.
• Have provided documented business and organizational change leadership and, ideally, have been successful doing so in more than one company.
• Strong understanding of BOM's, Routing and variances and how they interact with the ERP system. Along with the ability to communicate issues and how they should be fixed.

Anticipated salary range:

$100,000-$145,000/year depending on qualifications and experience.

Cirtec Medical Corporation considers everyone for employment and hires qualified candidates without regard to age, race, religion, color, sex, sexual orientation, gender identity, national origin, ancestry, protected veteran or disability status or any factor prohibited by law. Cirtec Medical Corporation and all its related companies fully endorse equal opportunity. Cirtec Medical provides reasonable accommodation for qualified individuals with disabilities and disabled veterans in the job application process.

We work to create a culture that is built on innovation, respect, transparency and communication, and hope you take pride in being a member of our team. It is Cirtec's goal to create an enjoyable work environment and to keep the company a great place to work. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every stage of your career and life.

• training and career development
• healthcare and well-being programs including medical
• dental, vision, wellness and occupational health programs
• Paid Time Off
• 401(k) retirement savings with a company match