Job Information
Globus Medical, Inc. Senior Financial Analyst in Audubon, Pennsylvania
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 Senior Financial Analyst’s primary focus will be on project-based work intended to directly impact financial execution and profitability. The initial scope of work for this role is a long-term project to evaluate scrap of goods globally for Globus Medical. This role will be tasked with evaluating and documenting the specific and operational reasons for the disposal of goods across the globe, and then partnering with Sr. Management in Finance, Operations, and Sales, to identify specific controllable factors driving scrap and influence driving down existing scrap balances. This role will be highly cross functional in its nature with exposure to many parts of the business globally and will take direction for leadership in Finance. The Sr. Financial Analyst must be a self-starter, detail-oriented, organized, and deadline driven.
Essential Functions :
Develop a detailed understanding of existing processes leading to scrap, starting by evaluating all journal entries posted to scrap, and tracing these through to the specific actions taken with physical goods (e.g., what inspections are performed, how are goods determined to be non-compliant, who disposes of the goods), and develop strong documentation laying out existing scrap procedures. This process will involve extensive partnership with Cost Accounting, Manufacturing, Sales Leadership, and Operations on a global level
Present to Finance leadership (SVP, Sr. Director and Director) the causes of scrap, and initial evaluations of where there is waste that can be managed down
Partner with the business to evaluate potential paths to reducing scrap (e.g., revised controls on scrap counting or other accountability for physical goods, increased re-work instead of outright scrap)
Measure outcomes of changes in scrap process to demonstrate increases in financial performance, and operational execution
Leverage experience gained in initial long-term scrap project to evaluate other areas of the P&L where similar process or control gaps may be leading to financial inefficiencies, and continue to impact the business through directed and targeted project-based work with measurable outcomes and real financial impact
Proactively challenges 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
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.