Financial Analyst - Global Operations

Job Locations US-CA-Redwood City
Job Post Information* : Posted Date 3 months ago(3/23/2023 4:29 PM)
ID
2023-4042
Category
Finance & Accounting

About Nevro

Nevro (NYSE: NVRO) is a global medical device company headquartered in Redwood City, California. We are focused on delivering comprehensive, life-changing solutions that continue to set the standard for enduring patient outcomes in chronic pain treatment. The company started with a simple mission to help more patients suffering from debilitating pain and developed its proprietary 10 kHz Therapy, an evidence-based, non-pharmacologic innovation that has impacted the lives of more than 100,000 patients globally.

 

Nevro’s comprehensive HFX™ spinal cord stimulation (SCS) platform includes a Senza SCS system and support services for the treatment of chronic trunk and limb pain and painful diabetic neuropathy.  Senza®, Senza II®, and Senza Omnia™ are the only SCS systems that deliver Nevro's proprietary 10 kHz Therapy. Nevro’s unique support services provide every patient with an HFX Coach™ throughout their pain relief journey and every physician with HFX Cloud™ insights for enhanced patient and practice management

Job Summary & Responsibilities

As a key member of the FP&A team responsible for financial analysis, forecasting/budgeting, and management reporting, you will serve as the finance business partner supporting the Manufacturing teams. This individual will also work directly with the Sr. Cost Accountant, providing support with month-end close, reconciliations, financial reporting, and the annual audit. This is a great opportunity to gain C-level exposure with executive leadership, while helping drive better business decisions and providing direct insight into gross profit. Importantly, you will:

 

  • Lead the budgeting and forecasting process for assigned functional departments including headcount, expense, and capital planning
  • Manage and enhance existing financial models for analyzing and forecasting expenses
  • Provide actionable recommendations for cost saving opportunities based on actual and forecasted expenses
  • Research and analyze all expense activity, gaining an understanding of primary drivers of operating expenses and fully understanding any variances versus forecast
  • Collaborate with departmental leaders to ensure achievement of key business objectives
  • Prepare, distribute, and present monthly detailed budget versus actual analyses and other relevant reports to the functional leaders
  • Participate in month-end close activities including accruals, spend allocations, and investigation of any manufacturing variances
  • Monitor, review and reconcile inventory accounts
  • Assist with product costing activities
  • Coordinate efforts associated with monthly cycle count and periodic physical inventories
  • Assist with analysis of any required monthly inventory reserves and the release thereof
  • Monitor, review, and close manufacturing work orders
  • Assist in monthly financial analysis as part of the Board of Directors and Audit Committee financial package
  • Ensure all relevant controls, procedures, and policies are followed and communicated
  • Perform various ad hoc analysis for finance and leadership
  • Other duties as assigned

Role Requirements

  • Bachelor’s degree in Accounting or Finance required.
  • Equivalent work experience may be substituted for education requirement

Skills and Knowledge

  • Two  or more years of directly related experience in Finance and/or Accounting, preferably within the medical device industry or Big 4 experience
  • Cost Accounting experience a plus
  • Budgeting and Planning software experience a plus
  • Working knowledge of GAAP
  • Understanding of the flows between income statement, balance sheet, and cash flow statements
  • ERP System experience
  • Ability to work independently and prioritize tasks; self-motivated; high bias for action
  • Ability to effectively communicate (both written and verbal) with management
  • Ability to drive businesses to improve processes and performance
  • Skilled Excel user able to create and maintain complex spreadsheets

#LI-LJD1

 

#LI-Hybrid

Target Pay Range

$92,093 - $126,627 - the final starting salary offer to the successful candidate will be determined by evaluating several factors, such as education, experience, knowledge, skills, internal equity, alignment with market data, and geography. *Nevro is a multi-state employer, so the target pay range may increase or decrease depending on the city/state.

 

Full-time Nevro team members enjoy a full suite of additional benefits such as market-leading medical, dental, and vision benefits, 401k matching, ample vacation time, pre-tax savings perks, tuition reimbursement, Employee Stock Purchase Plan (ESPP), short and/or long-term incentive opportunities, recognition awards, volunteer time off, and several employee resource groups that focus on supporting our Wellness, Leadership Development, and Diversity and Inclusion.

EEO Statement

Nevro offers equal employment opportunity, regardless of race, color, creed, religion, national origin, marital or family status, sex, sexual orientation, gender expression (including religious dress and grooming practices), gender (including pregnancy, childbirth or medical condition related to pregnancy or childbirth), physical or mental condition, protected veteran status, disability, age or other characteristics protected by laws.

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