Senior Financial Analyst, Noah Medical
Cost Accounting
$108-135k
+ Equity & Bonus Program
Early diagnostics robotics
Be an early applicant
Early diagnostics robotics
201-500 employees
Be an early applicant
$108-135k
+ Equity & Bonus Program
201-500 employees
Company mission
To save lives through early diagnosis and treatment.
Role
Who you are
- The successful candidate should be a self-starter, creative problem solver and a resourceful learner
- This role requires excellent communication skills, advanced analytical skills for data gathering and interpretation, and proficiency in reporting tools and ERP systems
- Bachelor's degree in finance, economics, or related field required; MBA or CFA preferred
- 3+ years of finance experience within a manufacturing environment
- Experience in the medical device industry is strongly preferred
- Advanced proficiency in data aggregation and analysis tools including Excel, Tableau, SQL
- Proficiency in cost accounting principles, techniques, and methodologies
- Excellent communication, leadership, and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and senior executives
- Strong analytical skills and attention to detail, with the ability to analyze complex financial data and communicate insights to non-financial stakeholders
What the job involves
- Noah Medical is seeking a highly motivated and detail-oriented Sr. Financial Analyst – Cost Accounting to join our Finance team
- As a pivotal member of our organization, you will be responsible for analyzing manufacturing costs, ensuring accurate inventory and cost accounting and providing valuable insights to optimize operational efficiency and profitability
- The main focus will be supporting manufacturing operations through thorough cost analysis and effective cost accounting practices
- Partner strategically with the Manufacturing Operations team on continuous improvement initiatives to reduce costs over time and ensure efficient and accurate inventory management
- Conduct detailed analysis of manufacturing costs, including direct materials, labor, and overhead, to identify areas for improvement and cost-saving opportunities
- Implement a robust monthly reporting system for senior leadership, delivering comprehensive global cost and inventory analysis insights to drive informed decision-making and strategic planning initiatives
- Collaborate with senior leadership to craft an exhaustive supply plan that aligns with financial goals and resource optimization
- Conduct in-depth analysis of international manufacturing options to assess cost-effectiveness and operational efficiencies, facilitating informed decision-making as the company expands its global presence
- Partner closely with functional leaders to gain in-depth insights into their priorities, facilitating the development of budgets that effectively meet their requirements while aligning with the company's financial objectives
- Develop and maintain comprehensive inventory reporting and controls to ensure accurate financial statements and improve inventory purchasing decision making
- Develop standard costs and conduct monthly variance analysis against these benchmarks to gauge operational performance and pinpoint opportunities for improvement
- Ensure compliance with internal controls, GAAP guidance, and other regulatory requirements related to cost accounting and inventory management
- Maintain precise and compliant COGS and inventory records, ensuring audit readiness and accuracy
- Support ad hoc analysis and special projects as requested by management
Our take
Lung cancer is the leading cause of cancer deaths in the United States and affects over 200,000 Americans a year. Early detection and rapid diagnosis are key to overcoming this disease, and this is what Noah Medical seeks to provide with a robotic lung surgery system.
While medical science has made great strides in this area in recent years, Noah Medical's Galaxy system boasts numerous features which outshine competing offerings. Smaller and more mobile than most units, the device's robotic arm is able to fit on a single-wheeled cart, and its single-use probes remove the need for deep cleaning and the risk of cross-contamination. It also features visual sensors allowing surgeons to verify that its probe is within the target tissue, reducing the likelihood of false readings or surgical errors.
Having received FDA clearance for its device, Noah Medical has also received significant financial backing from investors. This will be used for the commercialization of its technology and scaling its production as demand for the product increases. With an innovative device meeting a pressing medical need, Noah Medical is positioning itself at the forefront of a fight against a deadly disease and is a leader in the medtech space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
42% employee growth in 12 months
Company
Funding (1 round)
Apr 2023
$150m
SERIES B
Total funding: $150m
Company HQ
San Carlos, CA
Leadership
Jian Zhang, PhD
(Founder & CEO)Previously co-founded AcuVu and Robotphoenix. Before that, they were a System Engineering & Research Director at Auris Health and a Mechanical Engineer at Intuitive Surgical.
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