CFO

$240,000 - $310,000/Yr

Albion Rye Associates Limited - Boston, MA

Full-time - Senior

Boston, MA

About the position

The Chief Financial Officer (CFO) of Diagnostics will play a pivotal role in shaping the financial strategy and performance of the diagnostics business unit within a medical equipment manufacturing company. Reporting directly to the President of Diagnostics, the CFO will oversee all financial aspects, including strategic planning, risk management, financial forecasting, budgeting, and portfolio management. This position is integral to ensuring transparency and accountability in profit loss management while safeguarding assets and effectively managing risks. The CFO will also be a key member of the senior leadership team, contributing to decision-making with accurate and timely financial insights.

Responsibilities

• Develop and present strategic plans and annual budgets to senior leadership, monitoring performance and implementing remedial measures.
• Partner with the Diagnostics team to achieve all business and financial objectives.
• Analyse previous sales and market trends to produce monthly forecasts, providing detailed explanations and solution-oriented strategies.
• Collaborate with Sales, Marketing, Engineering, Manufacturing, and operations to produce greater forecast accuracy.
• Support M&A initiatives alongside senior leadership and corporate development.
• Oversee the Procurement team, helping to reduce obsolescence risk and meet customer demand by managing inventory effectively.
• Work on price strategies and customer programmes with Sales and Marketing to ensure competitiveness and optimal ROI.
• Consistently deliver cost insights, driving cost reduction initiatives across the company.
• Review and report on key performance metrics and indicators, ensuring the reports' relevance and transparency.
• Prepare and relay standard and ad hoc analyses for senior leadership.
• Develop and evaluate business plans as well as capital expenditures.
• Lead the finance strategy for Diagnostics, ensuring internal operations are compliant with relevant regulations.

Requirements

• Bachelor's degree in Accounting or Finance (preferred CBA/MBA).
• 15+ years of finance experience, preferably in medical device manufacturing or highly regulated industries.
• 5+ years of leadership experience (preferred in consolidation or FP&A).
• Extensive experience in FP&A, B&F, M&A, CIM, Public Company Operations, and Global Manufacturing.
• Demonstrable ability to hire and manage high-performing teams, focusing on talent development and planning succession.
• Transformational Leadership and change management success.
• Willingness to travel.

Benefits

• Competitive salary between $240,000-$310,000 based on experience and qualifications.