Financial Analyst

At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these patients, and the surgeons and healthcare providers who treat them. We embrace a culture of exceptional response by partnering with researchers and educators to transform clinical insights into tangible solutions. Our solutions improve the techniques and outcomes of surgery so patients can resume their lives as quickly as possible.


Position Summary:

The Financial Analyst's primary focus will be to partner with business leaders across the organization to analyze business performance and provide actionable insights to help drive organizational strategy. This role is expected to be a strategic partner that supports decision-making at the executive management, business unit management, and cost center management level. The Sr. Financial Analyst must be a self-starter, detail-oriented, organized, and deadline driven.

Essential Functions:

• Own the monthly forecasting process for all elements of the income statement for assigned Business Unit (Sales, COGS, OPEX, AEBITDA).
• Analyze historical capital sales deal structure; evaluate erosion, opportunities for growth, recurring revenues & support costs, and impacts across other business units.
• Supports senior leadership in Financial Statement Analysis by responding to inquiry on summary financials, assembling detailed analysis of journal entry and vendor detail, and coordinating with various stakeholders to evaluate business trends that impact total company financial performance
• Lead annual budget bottoms-up build for Business Unit, with documented requests for OPEX, CAPEX, & headcount for the upcoming year. Reconcile build against Top-down budget and communicate final approvals to cost center owners. Meet with department leads throughout the year to review spend against budget and evaluate any variances to plan.
• Partners with vendors and internal parties to consolidate detail for core operation topics (T&E spend, training costs, supplies expense, repair cost, freight, etc.). Quantify potential cost savings opportunities, assess disruption risks, & lead vendor consolidation RFPs.
• Evaluates business changes presented by Business Unit leaders to determine Discounted Cash Flow, Return on Invested Capital, Cash outlay requirements, and anticipated Internal Rate of Return. Based on models created, advise leaders from a Finance perspective on the viability and profitability of proposed investments
• Reviews Capital Expenditure plans to validate that proposed expenditures align with total company targets
• Determines accountable parties for key areas of spend identified and creates a system of tracking spend, leveraging Microsoft Power BI
• Trains Business leadership on managing core areas of spend and drives organization accountability and understanding of financial results
• Assists in preparation of monthly executive management and quarterly Board of Director presentation decks for both actual and forecast results
• Assists in driving operational improvements and supports high visibility projects as needed
• Proactively challenge the status quo and investigate issues independently and as a team
• Performs all tasks with an emphasis on developing automation and efficiency
• Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies.
• Ensures Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role
• Represents the company in a professional manner and uphold the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties of Globus

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

Qualifications:

• Bachelor's degree in finance, accounting, or a related field
• 2+ years of Corporate Finance experience
• Ability to present financial information to a non-financial audience
• Working knowledge of financial strategies
• Strong organizational and multitasking skills
• Excellent communication, interpersonal, and presentation skills
• Detail-oriented and able to perform in a high-pressure environment
• Strong analytical thinking and problem-solving skills
• Self-starter
• Proficiency in using Microsoft Office products
• Working knowledge of OneStream XF Platform, a plus

Physical Demands:

The physical demands listed here are representative of those that must be met by and employee to successfully perform the essential functions of this job.

• Required to sit; climb or balance; and stoop, kneel, crouch or crawl
• Required to regularly lift and/or move up to 10 pounds, and occasionally lift and/or move up to 25 pounds
• Required to possess specific visons abilities, including: close vision, distance vision, color vision, peripheral vision, depth perception and capacity to adjust focus.

Our Values:

Our Life Moves Us philosophy is built on four values: Passionate About Innovation, Customer Focused, Teamwork, and Driven.

• Passionate about Innovation : Improving patient care by delivering advanced technology to our customers is at the core of what we do. We are passionate in our role in improving the lives of patients by continuously developing better solutions.
• Customer Focused : We listen to our customers' needs and respond with a sense of urgency.
• Teamwork : Working together, anything is possible. We value every person on our team and treat each other with respect. We are accountable to one another and support each other. Together, we make each other stronger.
• Driven : We pursue our mission with energy and passion. We are nimble, results-oriented and decisive. We overcome obstacles that arise in our quest to deliver solutions that will improve the lives of our customers and patients.

Equal Employment Opportunity:

Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees' talents and support an environment that is inclusive and respectful.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.