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Financial Analyst - Redwood City, United States - Nevro
Description
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.
Nevros 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, Senza Omnia, and Senza HFX iQ are the only SCS systems that deliver Nevro's proprietary 10 kHz Therapy. HFX iQ, Nevros latest innovation, is the first and only SCS System that uses Artificial Intelligence to optimize and maintain pain relief using each patient's response1.Nevros 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.
Nevro also recently added a minimally invasive treatment option for patients suffering from chronic sacroiliac joint ("SI joint") pain and now provides the most comprehensive portfolio of products in the SI joint fusion space, designed to meet the preferences of physicians and varying patient needs in order to improve outcomes and quality of life for patients.
Job Summary & Responsibilities:The Financial Analyst will report to the Director, Financial Planning & Analysis and will need to demonstrate technical competence to handle duties related to forecasting and analysis of the companys financial statements. This role will serve as the finance business partner supporting the Commercial and G&A teams. Responsibilities include:
Lead the budgeting and forecasting process for assigned functional departments including headcount, operating expense, and capital planning.
Manage and enhance existing financial models for analyzing and forecasting operating expenses
Provide actionable recommendations for cost saving opportunities based upon actual and forecasted expenditures.
Research and analyze all expense activity, gaining an understanding of primary drivers of operating expenses, as well as fully understanding any variances against Plan
Collaborate with departmental leaders to ensure achievement of key business objectives.
Participate in month-end close activities including potential journal entry preparation for any required reclasses identified during monthly Budget versus Actual analyses.
Prepare, distribute, and present monthly detailed Budget versus Actual and other relevant reports to the functional leaders.
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:Bachelors degree in Accounting or Finance required.
Equivalent work experience may be substituted for education requirement.
Skills and Knowledge:Two to three (2-3) years of directly related experience in Finance and/or Accounting, preferably within the medical device industry or Big 4 experience
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 improved processes and performance.
Advanced Excel user able to create and maintain complex spreadsheets.
#LI-SO1
Target Pay Range:$82,785.00-$113, 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.
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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.
