Senior Financial Analyst in Bedford

Location: Bedford

Salary: Hidden

Recruiter: Werfen

Date Advertised: 2024-06-26

Overview

Werfen

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):

  • Annual budgets
  • 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
  • International Mobility Required:

  • No
  • Travel Requirements:  


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