Senior FP&A Analyst

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Company: Xenter

Location: Salt Lake City, UT 84118

Description:

Xenter is a technology in medicine company that is bringing medical devices to the digital age. Xenter is revolutionizing medicine by developing and launching smart/wireless guidewires and catheters that transmit data through a proprietary wireless network to our proprietary cloud that collects and houses real-time Physical Intelligence medical data.

Location: Draper, UT (In office required)

Job Title: Senior FP&A Analyst

Reports to: SVP Finance

Company: Xenter Inc, A TechMed Company

Job Overview:

We are seeking a detail-oriented and proactive Senior FP&A Analyst to join our finance team at a high-growth, pre-IPO medical device technology company. The Senior FP&A Analyst will support financial planning, forecasting, and analysis efforts to help the company scale effectively. This role offers a unique opportunity to develop a deep understanding of the medical device industry, assist in financial decision-making, and work closely with senior leaders.

Key Responsibilities:
  • Financial Planning & Forecasting:
    • Assist in the preparation of the annual budget and quarterly forecasts, working closely with business unit leaders to gather inputs and ensure accuracy.
    • Help build and maintain financial models, including revenue forecasts, P&L statements, and cash flow projections.
    • Track key performance metrics and ensure that forecasts are updated to reflect actual results and trends.
  • Financial Analysis & Reporting:
    • Conduct variance analysis on monthly, quarterly, and annual performance, comparing actuals against the budget and forecast.
    • Prepare regular financial reports and dashboards to provide insights into business performance for senior leadership, investors, and the board.
    • Assist in creating financial presentations for investor meetings and board discussions.
  • IPO Preparation & Financial Systems:
    • Support IPO readiness efforts, including assisting with financial controls, processes, and compliance with regulatory requirements.
    • Ensure accurate and timely financial reporting in alignment with SEC regulations and assist in preparing S-1 filings.
  • Business Partnering:
    • Work closely with cross-functional teams (e.g., R&D, Sales, Operations) to gather financial data, understand business drivers, and provide financial insights.
    • Support ad-hoc financial analysis projects and provide insights into cost structures, pricing strategies, and operational efficiencies.
  • Data Management & Process Improvement:
    • Help maintain financial systems and ensure data integrity within financial models and tools. Prior use of FP&A software is a plus.
    • Identify opportunities to improve processes, enhance financial reporting, and increase the efficiency of the FP&A function.
  • Ad-hoc Financial Projects:
    • Support the FP&A team on special projects, including fundraising, acquisitions, new product launches, and expansion into new markets.
    • Assist in scenario modeling and sensitivity analysis to evaluate different financial and business outcomes.

  • Qualifications:
    • Education: Bachelor's degree in Finance, Accounting, Economics, or a related field.
    • Experience:
      • 2-4 years of experience in FP&A, financial analysis, or related finance roles.
      • Experience in the medical device, healthcare, or high-growth tech industry is a plus.
    • Technical Skills:
      • Strong proficiency in Excel, with experience in financial modeling and data analysis.
      • Experience with NetSuite and other financial reporting tools.
      • Familiarity with business intelligence tools (e.g., Tableau, Power BI) and financial planning software is a plus.
    • Soft Skills:
      • Strong analytical and problem-solving skills, with a keen attention to detail.
      • Excellent communication and presentation skills, with the ability to present financial information to non-financial stakeholders.
      • Ability to work in a fast-paced, dynamic environment and manage multiple priorities effectively.

    Preferred Skills:
    • Prior experience in a pre-IPO environment or exposure to IPO-related processes is advantageous.
    • Understanding of GAAP and basic SEC reporting requirements is a plus.
    • Ability to collaborate and build strong relationships with cross-functional teams.

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