Senior Financial Analyst, FP&A

Position Summary

The Senior Financial Analyst, FP&A is responsible for financial planning, forecasting, reporting, and analysis for assigned areas of the business. This role serves as a financial business partner to functional leaders, providing meaningful financial insights, identifying key business and expense drivers, and helping leaders understand performance against budget and forecast.

The Senior Financial Analyst plays an active role in Vericel's annual budgeting and quarterly forecasting processes, monthly financial reporting, variance analysis, capital planning, and management reporting. This individual will work closely with Finance and business leaders to translate financial data into actionable insights that support effective decision-making and overall company performance.

Schedule: This position is in-office from Monday - Thursday in our new Burlington, MA location, with flexibility to work remotely on Fridays.

Duties and Responsibilities:

Financial Planning & Forecasting

• Own the budgeting and forecasting process for assigned functions, partnering directly with functional leaders to develop accurate and well-supported financial plans.
• Understand key business, headcount, and expense drivers and incorporate them into budgets and forecasts.
• Develop and maintain financial models supporting operating plans, forecasts, and business decisions.
• Identify risks and opportunities to financial performance and proactively communicate potential impacts.
• Support the consolidation of company-wide budgets, forecasts, and long-range financial plans.

Financial Reporting & Analysis

• Analyze monthly and quarterly financial performance against budget, forecast, prior year, and other relevant benchmarks.
• Identify and explain key financial and operational drivers of variances and emerging trends.
• Prepare monthly financial reporting and management presentations for Finance and functional leadership.
• Provide clear, actionable insights and recommendations rather than simply reporting financial results.
• Partner with functional leaders to ensure they understand their financial performance, outlook, risks, and opportunities.

Financial Business Partnership

• Serve as the primary FP&A partner for assigned functions and senior leaders.
• Develop a strong understanding of business priorities, operations, and financial drivers.
• Provide financial guidance and analysis to support resource allocation, headcount planning, investments, and other business decisions.
• Proactively identify opportunities to improve financial performance and decision-making.

Monthly Close & Financial Accuracy

• Own the accrual and financial review process for assigned functions in partnership with Accounting.
• Review monthly transactions and financial results for accuracy and completeness.
• Investigate and resolve unusual items, variances, and accounting questions as appropriate.
• Maintain strong partnership between FP&A, Accounting, and business functions to support accurate and timely financial reporting.

Capital Planning

• Support the consolidated capital planning, budgeting, and forecasting process.
• Partner cross-functionally to develop annual capital plans and regular forecast updates.
• Monitor capital spending against approved plans and provide visibility to variances, timing, and forecast changes.

Reporting, Presentations & Special Projects

• Develop clear and concise financial analyses, presentations, and materials for Finance and business leadership.
• Support quarterly business reviews, budget reviews, forecasts, and other leadership discussions.
• Perform scenario modeling and ad hoc financial analysis to support business decisions.
• Participate in Finance initiatives and cross-functional projects as needed.
• Identify opportunities to improve FP&A processes, reporting, tools, and automation.

Qualifications:

Basic Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field required; MBA or other advanced degree preferred.
• 5+ years of progressive experience in FP&A, corporate finance, financial analysis, or a related finance role.
• Demonstrated experience with budgeting, forecasting, financial reporting, and variance analysis.
• Strong financial modeling and advanced Microsoft Excel skills.
• Experience developing financial presentations and communicating results to business and Finance leaders.
• Strong understanding of financial statements and generally accepted accounting principles (GAAP).
• Demonstrated ability to analyze complex financial information, identify key drivers, and translate data into meaningful business insights.
• Strong organizational skills and ability to manage multiple priorities and deadlines.
• Excellent written, verbal, and presentation skills.
• Ability to work independently while collaborating effectively across functions.
• Strong attention to detail combined with the ability to understand the broader business picture.

Preferred Qualifications

• Experience within biotechnology, pharmaceutical, medical device, or another life sciences environment.
• Experience with Adaptive Planning/Adaptive Insights or comparable financial planning software.
• Experience supporting senior functional leaders as an FP&A business partner.
• Experience with capital planning, headcount planning, and scenario modeling.
• Experience with financial reporting and visualization tools.

The salary range Vericel reasonably and in good faith expects to pay for this position at the time of this posting is $110,000 to $120,000 annually.

The actual salary offered will be determined based on factors such as the candidate's qualifications, experience, and skills. Bonus, incentive pay, equity and benefits may be provided in addition to the base compensation listed above.

In accordance with Massachusetts law, Vericel provides the pay range that it reasonably and in good faith expects to pay for a particular and specific employment position at the time of posting or offer. This range is subject to change based on business needs, market conditions, and individual qualifications. Employees and applicants may request the pay range for their position or for a position to which they are applying. Retaliation for making such a request is strictly prohibited.