Financial Analyst

Job Description

Job Description

ABOUT INSPIRE MEDICAL SYSTEMS  

Inspire is the first of its kind medical device designed to make a difference in the lives of those living with Obstructive Sleep Apnea (OSA). We are revolutionizing the sleep industry with our FDA-approved medical device, designed to reduce OSA severity for those who cannot tolerate or get consistent benefit from CPAP. Inspire Medical Systems is committed to enhancing patients' lives through sleep innovation.  We are steadfast in our commitment to prioritize patient outcomes, act with integrity and lead with respect. With positive persistence at our core, we are committed to all those we serve.

WHY JOIN OUR FAST-GROWING TEAM  

At Inspire, we value people – your diverse experiences, backgrounds, and thoughts. We elevate voices and encourage learning opportunities to build a professional network that grows into community. We embrace a people-first culture by offering excellent benefits, 401k matching, ESPP, flexible time off (FTO), and tuition reimbursement. 

If you're passionate about making a difference in people's lives and want to work with innovative technology, come be a part of our great team! 

POSITION SUMMARY

The Financial Analyst role will support both the commission and revenue finance teams. For commission finance, they will support incentive design, compensation strategy, and territory analytics. For the revenue responsibilities they will assist in forecasting, budgeting, and help ensure sales objectives are achieved versus target. The individual will partner closely with Field Leadership, Sales Operations, and HR to support business priorities and ensure financial objectives are met.

MAIN DUTIES/RESPONSIBILITIES

• Build a deep understanding of the business, effectively communicate results, and present recommendations to leadership team members.
• Identify opportunities for process improvements and automation within sales compensation systems to enhance efficiency and accuracy.
• Answer questions from managers related to sales compensation plans, calculations, and payout structures.
• Input data into sales compensation systems, ensuring accuracy and consistency across all records.
• Issue and track commission-related documents to commissionable employees and managers, maintaining relevant commission plan templates and executed agreements.
• Assist sales leadership and management in short-term and long-term headcount planning, territory design, account alignment proposals, and identifying future expansion opportunities
• Collaborate cross functionally and provide detailed sales analysis to support Annual Operating targets
• Compile data from multiple sources, perform variance and trend analysis, and build clear, accurate outputs (tables, charts, dashboards) for stakeholder review.
• Manage the quarterly sales forecasting process. Identify and quantify forecast assumptions.  Highlight the gaps and help sales leaders understand and communicate needs.
• Analyze sales and patient flow trends: establish what good and bad look like and regularly highlight examples of both.

QUALITY SYSTEM RESPONSIBILITIES ­

• Document product and therapy related field reports within the prescribed timelines and provide any necessary documents required to complete the investigation. Provide follow-up reporting as needed.
• Complete training requirements and competency confirmations as required for this position within the required timeline.
• Comply with applicable quality system procedures/policies and make suggestions for continuous process improvement.

QUALIFICATIONS

Educational Requirements:

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field required.

Required Experience:

• Minimum of 1-2 years of experience in Financial Planning & Analysis (FP&A), corporate finance, accounting, business analysis, or a related finance function.
• Strong analytical and financial modeling skills, with the ability to interpret complex data and provide actionable business recommendations.
• Proficient in Microsoft Excel and PowerPoint; experience with ERP systems, financial planning tools, and business intelligence platforms preferred.
• Demonstrated ability to manage multiple deadlines, coordinate deliverables across stakeholders, and communicate effectively with finance and business leaders.

Preferred Experience:

• Prior Experience in Corporate of business FP&A team supporting sales
• Public Company Experience
• Experience with OneStream and Power BI
• Experience with SPFF

#LI-Onsite

The salary for this position will be offered at a level consistent with the experience and qualifications of the candidate. This information reflects the anticipated salary range for this position at the time of posting. The salary range may be modified in the future and actual compensation may vary from the posting based on various factors such as geographic location, work experience, education and/or skill level.  

Salary

$70,000—$88,000 USD

BENEFITS AND OTHER COMPENSATION

Inspire offers a highly competitive benefits package including ( general description of the benefits and other compensation offered ):

• Multiple health insurance plan options.
• Employer contributions to Health Savings Account.
• Dental, Vision, Life and Disability benefits.
• 401k plan + employer match.
• Identity Protection.
• Flexible time off.
• Tuition Reimbursement.
• Employee Assistance program.
• All employees have the opportunity to participate in the ownership and success of Inspire. Employees at all levels can participate through equity awards and the Employee Stock Purchase Program.

Inspire Medical Systems provides equal employment opportunity (EEO) to all employees and applicants without regard to race, color, religion, creed, sex, national origin, age, disability, marital status, familial status, sexual orientation, status regarding public assistance, membership or activity in a local commission, military or veteran status, genetic information, pregnancy or childbirth, or any other status protected by applicable federal, state, and local laws. This policy applies to all aspects of the employment relationship, including recruitment, hiring, compensation, promotion, transfer, disciplinary action, layoff, return from layoff, training, and social and recreational programs. Inspire Medical Systems complies with applicable laws governing non-discrimination in employment in every location in which Inspire Medical Systems has facilities. All such employment decisions will be made without unlawfully discriminating on any prohibited basis.