Operations Finance Manager

Forj Medical • Saint Paul, MN

1d

About The Position

Exceptional People. Hard Problems. Meaningful Careers. Big Impact.
Nowhere else can you touch as many life-changing medical technologies. At Forj Medical, we work side by side with more than 100 medical device companies from startups to global giants to bring life-enhancing technologies to market. Working with us means solving hard problems with extraordinary people in a collaborative work environment. Join us.
Job Summary:
The Operations Finance Manager is responsible for supporting accounting and reporting functions within manufacturing, engineering, and logistics for the Capital Systems business. This role is a key finance partner for operations to problem solving accounting and finance challenges as they arise including, but not limited to manufacturing costing, profitability analysis, and analyzing and reporting on trends, variances, deviations from budget and forecast.

Requirements

• Bachelor's degree (B. A./B.S.) in Accounting, Finance, Economics, or other analytical business degree from four-year college or university or equivalent work experience.
• 8-10 years of public accounting and/or industry experience that includes financial analysis and US GAAP
• Strong knowledge of standard costing, inventory accounting, and GAAP; exposure to project/WIP accounting a plus.
• Technology - Proficient in Microsoft Word, Outlook & PowerPoint; very strong Excel. Excellent attention to detail and analytical skills. Exposure to Epicore and Planful a plus
• Working Habits - Self-motivated and able to work independently and collaboratively. Must be able to multi-task, manage time well and meet critical deadlines.
• Communication - Excellent interpersonal & communications skills, both verbal and written; strong organizational skills.
• Must be authorized to work in the United States.

Nice To Haves

• CPA or CMA preferred, but not required
• Manufacturing industry experience preferred

Responsibilities

• Lead the annual operating plan (AOP) and monthly/quarterly forecasts for COGS, manufacturing variances, absorption, labor productivity, yield/scrap, freight, and overhead.
• Develop and maintain standard reporting packages (month-end ops review, KPI dashboards).
• Build driver-based models for throughput, OEE, capacity utilization, and labor efficiency; translate ops metrics into financial impact.
• Provide financial leadership on continuous improvement initiatives; quantify savings and ensure controlled realization to P&L.
• Oversee inventory valuation and integrity (cycle counts, physicals, reserves, obsolescence, slow-moving analysis).
• Ensure accurate and timely WIP accounting for engineered-to-order/project-driven builds; reconcile WIP subledgers to GL.
• Coordinate and lead physical inventory and/or cycle count programs, drive count accuracy and compliance.
• Own plant-level monthly close for COGS, inventory, capitalization of variances, and accruals
• Ensure adherence to US GAAP/IFRS (as applicable), internal controls, delegation of authority, and company accounting policy.
• Manage balance sheet reconciliations (inventory, WIP, accruals) and resolve reconciling items promptly.
• Support internal/external audits and drive remediation of findings; maintain robust process documentation and controls testing.
• Enforce CapEx governance: policy adherence, approvals, project accounting, capitalization criteria, asset tagging, and disposals.
• Build financial cases for CapEx (ROI, IRR, NPV, payback); validate assumptions (throughput, scrap reduction, labor avoidance, maintenance savings).
• Track CapEx spend vs. budget, commissioning timelines, and benefits realization to P&L; escalate risks and variances.
• Support NPI/NPD and engineering initiatives with cost modeling, make-vs-buy, and lifecycle margin impacts.
• Partner with supply chain to track and forecast raw material cost inflation
• Analyze inbound/outbound freight & logistics cost drivers; recommend mode-optimization and footprint changes.
• Serve as the finance business partner to the Capital Systems and D&E leader
• Coach operations leaders on financial literacy; translate financials into operational action plans.
• Manage and mentor cost accountant.

Benefits

• We offer health, dental, vision, 401K plans, and time off programs.
• You may also be eligible to participate in an annual bonus program which depends on various factors, including, individual and organizational performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level