What Financial Planning & Analysis contributes to Cardinal Health
Financial Planning & Analysis is responsible for being objective and strategic financial partners, leading collaborative cross-functional effort to drive relevant, flexible and efficient financial planning and analysis that supports our key business decisions.
Analyzes business trends
Leads and aligns financial forecasts and long range planning processes with our business leaders. Drives business value by providing financial and analytical counsel to facilitate decision-marking around strategic business initiatives.
Prepares monthly financial reporting including variance and financial statement analysis. Able to clearly communicate a cohesive and concise story around business drivers behind financial data and potential implications on future results.
Creates financial models and scenarios as a key input for business planning decisions in areas such as capital deployment, sourcing, product development, marketing strategies, and acquisitions.
Manages annual budget processes, incorporating business initiatives, economic trends and operational effectiveness. Aligns budget to business strategies and gains alignment from business partners.
Performs customer and product profitability analysis and makes investment and pricing decisions. Identifies opportunities to drive revenue growth, margin expansion and a more favorable mix (i.e., driving preferred products and services).
Understands market dynamics and competitors. Conducts complex analysis, synthesizes and summarizes implications to business, influencing business partners using analytics and business understanding.
Identifies and executes upon process improvement opportunities. Demonstrates proficiency of technical tools and financial systems.
Serves as an objective financial steward with an enterprise perspective, safeguarding our company's assets. Ensures strong controls are in place and the company's intellectual property is protected.
What is expected of you and others at this level
Manages department operations and supervises professional employees, frontline supervisors and/or business support staff
Participates in the development of policies and procedures to achieve specific goals
Ensures employees operate within guidelines
Decisions have a short term impact on work processes, outcomes, and customers
Interacts with subordinates, peer customers and suppliers at various management levels may interact with senior management
Interactions normally involves resolution of issues related to operations and/or projects
Gains consensus from various parties involved
Accountabilities in this role
Strong cost accounting background and experience in Med Tech industry, preferably in a FDA-regulated manufacturing plant
Lead and manage month end close, prepare internal P&L and review account reconciliations
Develop standard cost model for medical device product lines ensuring accounting systems properly reflect cost model
Provide management guidance in analysis of all manufacturing variances, review and sign-off with Director of Supply Chain FP&A
Strong communication skills with experience managing professional staff in a multi-cultural environment and working with cross-functional team's
Work with business leaders on cost improvement initiatives, analyzing various alternatives, monitoring project status and providing recommendation for corrective action if needed.
Key focal point for internal audit reviews
Bachelors degree in business related field, or equivalent work experience
8+ years experience in related field
Prior supervisory experience
Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.