Financial Analyst II - Contracts and Systems

Date: May 20, 2024

Location: Naples, FL, US, 34108

Company: Arthrex

 Requisition ID:                       60317                         
Title: Financial Analyst II - Contracts and Systems
Division: Arthrex, Inc. (US01)
Location: Naples, FL





Arthrex is a global medical device company and a leader in new product development and medical education in orthopedics. Arthrex is actively seeking a Financial Analyst II – Contracts and Systems who will 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. Are you interested to work, learn, and professionally advance in a fast-growing global organization with great resources and opportunities? Then apply to join our talented team and support us in Helping Surgeons Treat Their Patients Better™.




Essential 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


Additional Duties and Responsibilities:

  • Provide reporting and analysis in support of contracts, strategic pricing plans, variable incentive compensation programs, and product promotions
  • Implement ongoing process optimization and usage of new reporting tools related to contract maintenance and execution, Product Management pricing submissions, and variable incentive compensation programs
  • Summarize large and complex datasets and develop reporting and dashboards in support of analytical processing
  • Interpret contract results including pricing, rebates, AAPs, and usage agreements and communicate to management to ensure understanding of performance and identification of risks
  • Partner with the National Accounts, Sales, Legal, Contracts, and Client Relationship Optimization Teams to:
    • Enforce sound contract and pricing policies and procedures
    • Understand issues impacting National Account contracting
    • Participate in documentation, reporting, and analytics of all contracts, pricing, and rebate agreements to drive accuracy and accountability in results
    • Improve contract reporting and visibility within business intelligence platforms
    • Analyze and provide reporting related to total customer discounts inclusive of rebates and AAP accounts
    • Champion the enforcement of contract terms and conditions, expirations, and timely renewals
  • Assist, when needed, with calculation, and submission of commissions and rebates within the variable incentive compensation systems
  • Validate systems on a regular basis to ensure accuracy of system calculations
  • Provide support for issues arising from financial systems and their interaction with SAP transactions
  • Gather requirements and document system development, enhancements, and process improvements
  • Perform research and liaise with Finance, Accounting, Customer Service, and IT Center of Excellence to resolve data validity issues



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
  • Intermediate presentation skills
  • Demonstrated knowledge in key areas of responsibility and BI Tools
  • Ability to communicate effectively with technical and non-technical staff


Discretion / Latitude:

Works under general supervision independently and with a Team.  Work is reviewed for soundness of judgement and overall adequacy and accuracy.


Education / Experience:

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



Incidental Duties:

The above statements describe the general nature and level of work being performed in this job.  They are not intended to be an exhaustive list of all duties, and indeed additional responsibilities may be assigned, as required, by management.


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. 


Physical Demands: 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to sit; use hands and fingers, to handle, or feel; and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds and may be required to travel ~5% - 10% of the time. 


Vision Requirements: 

Visual acuity is necessary to do the job safely and effectively.   


Work Environment: 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. The area that this job is performed in is a general office or open cubicle/workstation environment. The noise level in the work environment is usually moderate. 




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.

Nearest Major Market: Naples

Job Segment: Systems Analyst, Orthopedic, Business Intelligence, Medical Device, Technology, Healthcare, Research