Financial Analyst III

4 weeks ago

Naples, United States Arthrex Full time

Arthrex, Inc. is a global medical device company and a leader in new product development and medical education. We are a privately held company that strives to accomplish our corporate mission of Helping Surgeons Treat Their Patients Better™. We are committed to delivering uncompromising quality to the health care professionals who use our products, and ultimately, the millions of patients whose lives we impact.

Arthrex Benefits

Medical, Dental and Vision Insurance
Company-Provided Life Insurance
Voluntary Life Insurance
Flexible Spending Account (FSA)
Supplemental Insurance Plans (Accident, Cancer, Hospital, Critical Illness)
Matching 401(k) Retirement Plan
Annual Bonus
Wellness Incentive Program
Free, Onsite Medical Clinics
Free Lunch
Tuition Reimbursement Program
Trip of a Lifetime
Paid Parental Leave
Paid Time Off
Volunteer PTO
Employee Assistance Provider (EAP)

Please note, most benefits are for regular, full time employees.

All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other status protected by law.



Arthrex is a global medical device company and a leader in new product development and medical education in orthopedics. Arthrex is actively searching for a Financial Analyst III – Financial Systems to liaise with Arthrex Business Units to deliver reporting and analysis.  Provide financial, market, and best practice insight and guidance in support of sales performance and business optimization.  Join our talented team of professionals and help us stay focused on Helping Surgeons Treat Their Patients Better™.

Essential Duties and Responsibilities:

  • Maintain and update all rules and agreements within variable incentive compensation systems
  • Validate systems on a regular basis to ensure accuracy of system calculations
  • Maintain and update best practice files and workpapers to document all calculations, adjustments, and payments
  • Calculate, document, and follow best practices in all manual royalty calculations and adjustments
  • Create and validate all applicable summary reports and statements
  • Validate and finalize all applicable payments within and outside of SAP
  • Provide first-line support for issues arising from financial systems and their interaction with SAP transactions
  • Gather requirements and document system development, enhancements, and process improvements
  • Lead and develop applicable SAP testing plans including coordinating and documenting test results
  • Summarize large and complex datasets and develop reporting and dashboards in support of analytical processing
  • Develop and implement account and reconciliation requirements between financial systems and FICO reporting
  • Perform SAP and IBM Planning Analytics system administration functions including hierarchical and profit center dimension updates and support
  • Validate Business Intelligence reporting systems against SAP transactional data
  • Perform research and liaise with Finance, Accounting, Customer Service, and IT Center of Excellence to resolve data validity issues

Additional Duties and Responsibilities:

  • Provide routine and ad-hoc financial analysis and reporting
  • Analyze financial results for accuracy, determining variance drivers and documenting performance commentary.  Perform trend and sensitivity analyses to determine potential impacts to business results
  • Maintain cross-functional relationships with applicable business units and participate in cross-functional meetings to understand the status of identified initiatives
  • Gather, organize, and present financial data for the applicable area for management reporting and in preparation for regular leadership reviews
  • Prepare and summarize plan vs. actual reports and variance explanations for applicable areas
  • Understand and monitor relevant KPIs/trends/events impacting the business and incorporate this information into forecasts and analyses
  • Research and resolve inquiries for assigned functional areas
  • Implement and support continuous improvement in data analytics, business intelligence, and reporting efficiency and effectiveness
  • Exercise flexibility in working time or hours when needed to meet project deadlines and quality expectations

Specialized Skills:

  • Advanced Excel and proficiency in Microsoft Office Applications
  • Problem-solving and analytical skills with high attention to detail
  • Basic knowledge of SAP/ERP system or equivalent
  • Strong collaboration & negotiation skills
  • Ability to communicate effectively with technical and non-technical staff 
  • Strong presentation skills
  • Advanced, working-knowledge of variable compensation plans
  • Demonstrated independent problem-solving abilities and ability to collaborate-cross functionally
  • Ability to create or improve upon new or existing reporting and/and processes
  • Excellent written and verbal communication
  • Expertise in Business Intelligence reporting tools and underlying data

Education / Experience

  • Bachelor’s degree in Accounting, Finance or related Business/ Economics required
  • 4+ years of relevant work experience required

Discretion/Latitude

Work is performed under general direction. Participates in determining assignment objectives.  Plans schedules and arranges own activities in accomplishing objectives.  Work is reviewed upon completion for adequacy in meeting objectives.

Machine, Tools, and/or Equipment Skills: 

Virtual machines and laptops. Microsoft environment. Work with standard current computer applications, including but not limited to collaboration tools, email, word processing, spreadsheets, and databases.  

Reasoning Ability: 

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. 

Mathematical Skills: 

Ability to comprehend and apply mathematical principles to the degree required to perform the job based upon job requirements.   

Language and Communication Skills: 

Ability to comprehend and apply language skills to the degree required to perform the job based upon the job requirements listed above. Ability to verbally communicate ideas and issues effectively to other team members and management. Ability to write and record data and information as required by procedures. 

#LI-CS1

Arthrex Benefits

  • Medical, Dental and Vision Insurance
  • Company-Provided Life Insurance
  • Voluntary Life Insurance
  • Flexible Spending Account (FSA)
  • Supplemental Insurance Plans (Accident, Cancer, Hospital, Critical Illness)
  • Matching 401(k) Retirement Plan
  • Annual Bonus
  • Wellness Incentive Program
  • Free Onsite Medical Clinics
  • Free Onsite Lunch
  • Tuition Reimbursement Program
  • Trip of a Lifetime
  • Paid Parental Leave
  • Paid Time Off
  • Volunteer PTO
  • Employee Assistance Provider (EAP)

All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other status protected by law.

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