Tandem Diabetes Care · 23 hours ago
Sr. Financial Analyst I - R&D
California - High Bluff
Full-time
Hybrid
Mid, Senior Level
$90K/yr - $115K/yr
4+ years expTandem Diabetes Care is a leader in the diabetes technology industry, committed to creating innovative solutions for people living with diabetes. The Sr. Financial Analyst I will support the Research & Development function by developing and maintaining financial planning, reporting, and analysis processes, enabling informed financial decision-making across the organization.
Medical Device
No H1B
Responsibilities
Partner with R&D teams throughout the development lifecycle and stage gates, from ideation through post market surveillance, providing relevant metrics to R&D leadership at each stage
Develop and maintain long-range financial forecasts for R&D programs, incorporating technical, regulatory, and market uncertainty through scenario analysis and risk-adjusted assumptions to support disciplined, long-term investment decisions
Partner with the R&D function to lead and support budgeting, forecasting, and reporting process including headcount, operating expenses and capital expenditures
Serve as a strategic finance partner to R&D Executive leadership, influencing decisions through KPI development and financial insights, balancing short-term company needs against longer-term innovation
Forecast and track cost-to-complete by program and workstream, updating outlooks dynamically as technical assumptions evolve
Translate complex scientific, engineering, and regulatory concepts into clear, financially relevant language and insights for non-R&D finance stakeholders, enabling shared understanding and informed decision-making across the organization
Partner with R&D business leaders and Human Resources to determine the appropriate headcount and staffing by project, manage the headcount approval process, and maintain a long-term view on resource requirements over the life of the project
Support the production of monthly and quarterly presentations for the Board of Directors and senior management including the CEO, CFO, EVPs and Vice Presidents
Assist with developing deliverables in support of Tandem’s annual strategic planning process
Ensure data accuracy and integrity within BI systems and train R&D business partners on how to effectively interpret and utilize financial dashboards and reports
Drive continuous improvement in forecasting, reporting deliverables and processes
Collaborate with Accounting to ensure GAAP compliance and adherence to Company policies and procedures
Qualification
Required
Bachelor's degree in finance, accounting, information systems or equivalent combination of education and applicable job experience
4-6 years' previous experience in a financial planning and analysis role, business partnering or other finance area
Experience supporting multi-year R&D programs with long development timelines and evolving technical and regulatory assumptions
Deep understanding of R&D-driven financial planning, including long development cycles and probabilistic outcomes
Understanding of regulatory and clinical drivers (FDA submissions, human factors, clinical studies) and their financial implications
Experience building long-range forecasts and business cases for development programs, incorporating scenario analysis, probability weighting, and optionality
Experience partnering cross-functionally with engineering, program management, and regulatory, and at all levels of the organization including Executive management
Ability to perform complex, R&D-specific valuation analyses, including probability-adjusted cash flow modeling, scenario and sensitivity analysis, option-like decision frameworks, and portfolio trade-off assessments to evaluate long-horizon, high-uncertainty development investments
High level of intellectual curiosity, ability to transfer financial analysis into actionable strategic insights, and proven track record of reliable, detailed and accurate work products
Flexibility to adjust to fluctuations in workload based upon changing priorities and team requirements
Proficient in Microsoft Office (Excel, Word, PowerPoint) and knowledge of financial reporting, forecasting, and planning applications
Experience with automating recurring financial reporting processes by integrating data sources, translating existing manual reports into Power BI (or equivalent) solutions, and using tools like Power Query and Power Automate to ensure efficiency and data integrity
Preferred
Preference for experience in medical device industry
Benefits
Health care benefits such as medical, dental, vision available your first day
Health savings accounts
Flexible saving accounts
11 paid holidays per year
A minimum of 20 days of paid time off (with accrual starting on day 1)
Access to a 401k plan with company match
Employee Stock Purchase plan
Company
Tandem Diabetes Care
Tandem Diabetes Care, a global insulin delivery and diabetes technology company, manufactures and sells advanced automated insulin delivery systems that reduce the burden of diabetes management, while creating new possibilities for patients, their loved ones, and healthcare providers.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
David Berger
EVP and Chief Operating Officer
Brian Hansen
Executive Vice President and Chief Commercial Officer
Recent News
The Motley Fool
2024-02-23
Medical Product Outsourcing
2024-02-02
Company data provided by crunchbase