Financial Analyst
Boston, MA 02114 US | Work from home flexibility TELECOMMUTE
Job Description
- Title: Financial Analyst
- Industry: Pharmaceutical/Biotech/Life Science
- Salary: $70K and up based on experience
- Employment type: Direct hire
Key Responsibilities:
- Financial Reporting & Analysis: Prepare monthly financial reports highlighting key trends, cost drivers, and areas of concern, and present actionable insights to stakeholders.
- Budget & Forecast Management: Support the development of annual budgets and forecasts for General & Administrative (G&A) and compensation areas, ensuring alignment with cross-functional teams for accuracy and consistency.
- Budget vs. Actual Reviews: Facilitate month-end meetings with department heads to review budget vs. actual spending, identify variances, and recommend corrective actions.
- Cost Management & Forecasting: Analyze financial data to identify discrepancies, trends, and spending patterns; collaborate with teams to manage costs against budget and adjust future period forecasts as necessary.
- Financial Modeling & Scenario Analysis: Develop and maintain financial models for budgeting, forecasting, and cost allocation; conduct scenario analysis to assess the financial impact of proposed changes.
- Process Improvement: Evaluate and recommend improvements to financial reporting and analysis processes, focusing on automation and efficiency to enhance accuracy.
- Quality Control & Data Accuracy: Perform quality control to ensure financial data and reports are accurate, consistent, and reliable.
- Cross-functional Collaboration: Work with key stakeholders across various departments, ensuring alignment on financial goals and initiatives.
- Ad-hoc Analysis: Provide on-demand financial analysis to support strategic decision-making and deliver solutions to business challenges.
- Education: Bachelor s degree in Finance, Accounting, Economics, or related field.
- Experience: 2+ years of experience in financial analysis, budgeting, and cost management.
- Skills: Strong analytical skills with proficiency in Excel and financial modeling. Experience with SQL is a plus.
- Software Knowledge: Experience with ERP systems (e.g., SAP, Oracle NetSuite) and financial reporting tools (e.g., Phocas, Power BI, Databricks SQL).
- Financial Knowledge: Solid understanding of accounting principles and financial regulations.
- Communication: Excellent communication skills with the ability to translate complex financial data into clear insights for non-financial stakeholders.
- Multitasking: Ability to manage multiple tasks, prioritize, and meet deadlines in a fast-paced environment.
- Attention to Detail: Highly detail-oriented with a focus on accuracy and problem-solving.
- Leadership & Collaboration: Prior experience in facilitating cross-functional projects and presenting financial insights to leadership.
EOE/ADA
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