Chief Financial Officer
6 days ago
**Job Title:** CFO of Diagnostics
**Location:** Boston MA, United States
**Industry:** Medical Equipment Manufacturing
We are seeking a Chief Financial Officer (CFO) for our diagnostics business unit, reporting directly to the President of Diagnostics. As a key member of the senior leadership team, the CFO will oversee all aspects of finance, including strategic planning, risk management, financial forecasting, budgeting, portfolio management, and ROI assessment.
**Key Responsibilities:**
- Develop and present strategic plans and annual budgets to senior leadership, monitoring performance and implementing remedial measures.
- Partner with the Diagnostics team to achieve all business and financial objectives.
- Analyse previous sales and market trends to produce monthly forecasts, providing detailed explanations and solution-orientated strategies.
- Collaborate with Sales, Marketing, Engineering, Manufacturing, and operations to produce greater forecast accuracy.
- Supporting M&A initiatives alongside senior leadership and corporate development.
- Overseeing the Procurement team, helping to reduce obsolescence risk and meeting customer demand by managing inventory effectively.
- Working on price strategies and customer programmes with Sales and Marketing to ensure competitiveness and optimal ROI.
- Consistently delivering cost insights, driving cost reduction initiatives across the company.
- Review and report on key performance metrics and indicators, ensuring the reports relevance and transparency.
- Prepare and relay standard and ad hoc analyses for senior leadership.
- Develop and evaluate business plans as well as capital expenditures.
- Lead the finance strategy for Diagnostics, ensuring internal operations are compliant with relevant regulations.
**Required Qualifications:**
- Bachelor's degree in Accounting or Finance. (preferred CBA/MBA).
- 15+ years of finance experience, preferred experience in medical device manufacturing or highly regulated industries.
- 5+ years of leadership experience (preferred in consolidation or FP&A).
- Extensive experience in FP&A, B&F, M&A, CIM, Public Company Operations, and Global Manufacturing.
- Demonstratable ability to hire and manage high-performing teams, focusing on talent development and planning succession.
- Transformational Leadership and change management success.
- Willing to travel.
The annual salary for this permanent role is between $240,000-$310,000. The exact compensation offered to the candidate will be influenced by factors including geographical location, relevant education and certifications, skill set, experience, and performance.
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