Principal Financial Analyst, Global Supply Chain Planning

Boston Scientific - Marlborough, MA

- Mid Level

Hybrid - Marlborough, MA

Merchant Wholesalers, Durable Goods

About the position

At Boston Scientific, the Principal Financial Analyst focuses on a variety of finance and supply chain-based projects to help drive improvements to the financial and metric reporting for the Global Supply Chain Organization. This role is responsible for all financial close, budgeting, and reporting activities as it relates to Inventory, Sterilization, and other Supply Chain functions. Additionally, this role leads the Global Inventory Consolidation, implements robust controls, conducts end-to-end supply chain modeling, and continuous improvement projects to enhance the company's financial processes and performance. This position reports to the Senior Manager of Supply Chain Finance.

Responsibilities

• Lead planning, forecasting, and budgeting activities for Supply Chain functions including Sterilization, Planning, Analytics and Clinical for both OPEX and CAPEX.
• Consolidate Global Headcount and other expenses.
• Serve as advisor and key business partner to functional VP and drive adherence to corporate targets.
• Build understanding of business and financial information to provide actionable recommendations.
• Perform all aspects of the monthly financial close for Global Inventory, including analysis of adjustments, journal entries, account reconciliations, and generation of monthly and quarterly reporting schedules.
• Conduct variance/trend analysis on Finished Goods, Raw Materials, and Work-In-Progress inventory.
• Key member of the AOP Volumes Enhancement project - driving improvements in overall volumes used for Standard setting.
• Support the annual standard cost-setting process for the Network, focusing on Inventory Revaluation and Volume Alignment to Sales, Inventory, and Operations Planning (SI&OP).
• Evaluate Capital investments, VIP initiatives, Outsource/Insource assessments, last time buy (LTB) decisions, Project Support, Cost allocations, Global Spend Consolidations.
• Participate in the development of the annual Strat Plan (3-year forecast) and assess investments through proper modeling.
• Provide support to key business projects such as Network Modeling to identify and optimize costs across the network.
• Create meaningful metrics to monitor business performance and identify opportunities for metrics and reporting automation.
• Become a subject matter expert and assist with enhancements of corporate-wide planning tools.

Requirements

• Bachelor's degree required; advanced degree is preferred.
• Minimum 5 years Accounting/ Finance experience, SI&OP Experience essential.
• Very strong financial/data analysis skills; strong ability to problem solve and draw conclusions from data while maintaining data accuracy.

Nice-to-haves

• Ability to build relationships and have influence with key stakeholders.
• Outstanding verbal and written communication skills.
• Ability to work autonomously and act in a consultative role.
• Exceptional organizational & time management skills.
• Proven ability to work under pressure and meet critical financial deadlines.