Senior Financial Analyst Role at Formlabs in Somerville, MA

Job Title: Senior Financial Analyst
Location: Somerville, MA
Company: Formlabs, Inc.

Position Summary:

Formlabs is seeking a Senior Financial Analyst to support the company’s annual budgeting cycle and long-term strategic planning, ensuring alignment with organizational objectives. This role involves leading budget and headcount negotiations, offering financial guidance to various departments, and contributing to cost-saving initiatives. The successful candidate will collaborate across teams to improve financial processes and reporting accuracy, utilizing tools like Adaptive Insights and SQL.

Key Responsibilities:

• Support the annual budgeting process and long-term strategic planning, ensuring alignment with company objectives.
• Lead budget and headcount negotiations across departments to align with organizational goals.
• Maintain an accurate payroll model for precise forecasting.
• Act as a strategic business partner to Sales, Marketing, Services (S&M), and Systems and Finance (G&A) teams, offering financial insights for business decisions.
• Oversee contract review processes for software licenses, driving cost-saving initiatives through vendor consolidation.
• Manage monthly operating reviews, P&L reviews, and investor financial presentations for the executive team.
• Monitor and report key performance indicators (KPIs) and financial metrics, ensuring alignment with corporate strategy.
• Analyze deviations in financial performance and recommend corrective actions.
• Maintain the Adaptive Insights enterprise planning platform to improve processes and data integrity.
• Collaborate with the Accounting team to streamline processes, develop automation tools, and improve reporting accuracy.

Required Qualifications:

• Bachelor’s degree (or foreign equivalent) in Finance, Economics, or a related field.
• Two years of experience in financial analysis or related roles.
• Experience with producing reports using Adaptive Insights, Excel, and PowerPoint.
• Proficiency in SQL and database management.
• Experience creating, managing, and optimizing complex financial models, including sensitivity analyses and scenario planning.
• Familiarity with Enterprise Resource Planning (ERP) systems.
• Knowledge of accounting principles (GAAP/IFRS), including revenue recognition, accruals, and expense matching.
• Strong experience in budgeting, forecasting, and variance analysis.

Additional Information:

• Telecommuting is allowed from anywhere in the U.S.
• To apply, send resumes to Kelly Fagan at hr-job@formlabs.com or mail to 35 Medford St. Ste. 301 Somerville, MA 02143.
• Reference #: 75246.

Formlabs does not accept unsolicited resumes from recruitment agencies.