Financial Planning and Analysis Manager

Classification: Full Time, Exempt

Reports to: Chief Financial Officer

This position is responsible for creation, review, presentation, and distribution of financial analyses and statements. It provides support for corporate development and M&A activities. It also aids all analytical functions within the organization. This position interacts with employees in the department and may interact with other departments and employees as required.

This position reports to the Chief Financial Officer (CFO) and is responsible for communicating effectively with other individuals within the Finance, IT, and Operations Departments, and executive-level staff.

• This position may manage others/a team, ensuring alignment with department goals, providing guidance and mentorship, and overseeing performance evaluations and development plans. The role involves coordinating daily workflows, delegating tasks, and monitoring performance to ensure efficiency and timely project completion
• Actively engage in staff development through coaching, training and feedback to enhance skills and performance, while leading team meetings to ensure clear communication and drive project/production success, all while ensuring adherence to company policies, procedures, and quality standards

• Develop and maintain an understanding of relevant industry standards and regulations including but not limited to 21 CFR 820, 21 CFR 1271, AATB, MDSAP (per jurisdictional requirements), and ISO 13485, ensuring compliance with these requirements across the organization.
• Actively contribute to the fulfillment of Xtant Medical’s mission, values and quality policy
• Maintain a safe, clean work environment and ensure proper disposal of hazardous and non-hazardous waste according to OSHA guidelines and Xtant Medical standard operating procedures (SOP)
• Develop and maintain an understanding of Xtant Medical products
• Understand the interaction of departmental activities with the Quality System and their impact on the production of medical devices and human cells, tissues, and cellular and tissue-based products (HCT/Ps)
• Adhere to Xtant Medical SOPs, Good Documentation Practices (GDP), and safety protocols
• Manage the quarterly reforecast and annual AOP processes ensuring timely data collection and report distribution
• Aid in capital budgeting and expenditure planning process
• Report on forecast changes and historical results by providing variance and margin analyses as well as unit cost and driver changes
• Oversee portfolio and channel margin analyses
• Oversee and maintain department, SLT, and Board reporting suites – presenting out to respective groups as necessary
• Manage and oversee all cash forecasts
• Perform regular financial product reviews such as NPV, cost of over-supply/underage as requested by leadership
• Assist with M&A activities including, but not limited to model construction, valuation calculations, due diligence, and integration
• Provide sensitivity and ad-hoc analyses as requested by leadership
• Aid accounting in completing all month-end and year-end inventory transactions in Net Suite
• Review monthly financial statement to ensure accuracy across 3 statements, and department reporting
• Assist with 10-K and 10-Q as required by CFO
• Assist with quarterly and annual audit activities as required by CFO
• Provide guidance on standard costs based on changes in procurement or manufacturing
• Build and provide technical support for commercial BI reports as requested
• Oversee the construction and updates of quarterly board decks
• Provide margin analysis for product launches, OEM opportunities, and non-standard sales opportunities as requested
• Oversee the creation of ad hoc margin reports as requested
• Provide budget updates to the operations team on a quarterly basis
• Work with operations analyst(s) to provide necessary information to satisfy all margin, cost, and yield requests
• Provide guidance to purchasing on order quantities and inventory levels as necessary
• Provide technical support for all purchasing models
• Other duties as assigned

• Submit timely expense reports and abide by the Expense Reimbursement…