Financial Analyst at Nevro

Posted in General Business 14 days ago.

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Location: Redwood City, California





Job Description:


Nevro

ID 2021-3106
Job Locations US-CA-Redwood City
Job Post Information* : Posted Date 11 hours ago
Category Finance & Accounting


More information about this job:

About Nevro
Nevro (NYSE: NVRO) is a global medical device company headquartered in Redwood City, California. We are focused on providing innovative products that improve the quality of life of patients suffering from debilitating chronic pain.

We started with a simple mission to help more patients suffering from chronic pain. At each stage of development, our research was subject to the highest levels of scientific rigor, resulting in a new therapy that has impacted the lives of over 70,000 patients around the world.

Nevro has developed and commercialized the Senza spinal cord stimulation (SCS) system, an evidence-based, non-pharmacologic neuromodulation platform for the treatment of chronic pain. HF10 therapy has demonstrated the ability to reduce or eliminate opioids in =65% of patients across six peer-reviewed clinical studies. The Senza® System, Senza II™ System, and the Senza® Omnia™ System are the only SCS systems that deliver Nevro's proprietary HF10® therapy.

Job Summary & Responsibilities

The Financial Analyst will report to the Director of FP&A and will need to demonstrate technical competence to handle duties related to forecasting and analysis of the company's financial statements. This role will serve as the finance business partner supporting the R&D and Regulatory and Clinical 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 proper 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 to three (2-3) years of directly related experience in Finance and/or Accounting, preferably within the medical device industry or public accounting experience

  • Budgeting and Planning software experience a plus

  • Working knowledge of GAAP.

  • Understanding of the flows between P&L, BS and Statement of Cash Flow.

  • 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.

  • Skilled Excel user able to create and maintain complex spreadsheets.

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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, disability, age or other characteristics protected by laws.

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