Haemonetics - Boston, MA
posted 2 days ago
About the position
Haemonetics is seeking a dedicated individual to join our finance team, reporting to the Corporate FP&A Manager. This role focuses on Expense Management, where the incumbent will play a crucial part in the monthly close process, prepare management reporting, conduct variance analysis, and collaborate with other finance team members. The position involves managing the preparation of all expense financials and analyses, ensuring compliance with corporate deadlines, and standardizing financial reporting to enhance efficiency. The role also includes analyzing complex accounting and financial issues, driving the financial planning agenda, and supporting the Annual Operating Plan (AOP), forecasts, latest outlook, and strategic planning. This position offers a hybrid work model but requires flexibility to work onsite in Boston as needed.
Responsibilities
- Update and distribute monthly & quarterly reporting to functional teams
- Streamline, standardize and automate financial reporting across functions
- Book journal entries during monthly close including both reclasses and accrual entries
- Complete monthly balance sheet reconciliations
- Clean up financial reporting issues by collaborating with key individuals in HR, Accounting, AP, Procurement, IT, etc.
- Provide headcount reporting by function on a monthly/quarterly basis; research and resolve headcount issues
- Collect accrual information from functional teams
- Provide spend by vendor reporting including historical trending
- Perform variance analysis on actual results versus forecast, annual operating plan, and prior year as needed
- Act as system expert for reporting tools (HYPERION, OBIEE, ORACLE) - Oracle Cloud preferred
- Support ad hoc projects or business requests
- Build and load financial forecasts, annual operating plan, and strategic plan for functions including compensation builds and expense modeling
- Clearly and succinctly communicate results, major drivers, and risks and opportunities to other members of the finance team
- Compile latest thinking estimates for functional business reviews
- Update business review templates and presentations for respective business review meetings
- Perform investment and productivity tracking by function and complete other corporate requests for quarterly reporting
- Bridge expenses to show major changes when comparing to prior year and other views
- Support financial analysis including building business cases for potential investments and calculating expected financial return metrics and future projections
Requirements
- Bachelor's Degree in Finance/Accounting, Accounting or related field of study
- 1-3 years experience in financial reporting and accounting with multinational companies
- Solid work experience in financial planning and analysis
