SetPoint Medical’s Manufacturing Financial Analyst provides financial analysis and support to the Manufacturing department while owning the company’s cost accounting and inventory accounting functions. This role combines manufacturing financial analysis, including budgeting, forecasting, KPI reporting, and decision support for manufacturing leadership – with the technical rigor of standard costing, inventory valuation, and variance analysis. The role will be instrumental in supporting manufacturing leaders in understanding and improving cost performance, and in ensuring accurate product costing and cost controls. Responsibilities include partnering with the Manufacturing department on budgets, forecasts, and operational metrics; analyzing manufacturing variances and product margins; supporting monthly close activities; maintaining inventory accounting processes; and collaborating cross-functionally with operations, supply chain, quality, and finance teams.
In a fast-paced medical device environment, this role requires strong analytical skills, business acumen, attention to detail, effective communication, and the ability to translate financial data into actionable insights for non-finance stakeholders while managing multiple priorities under tight deadlines. The ideal candidate is equally comfortable on the manufacturing floor and in the general ledger, will thrive in a collaborative setting, and will contribute to strengthening financial processes and internal controls in support of a growing public-company environment.
Manufacturing Financial Support & Analysis
· Serve as the primary finance resource for the Manufacturing department, providing financial guidance, analysis, and decision support to manufacturing and operations leadership.
· Participate in the annual budget and periodic forecast processes for Manufacturing, including headcount, direct labor, overhead spending, and capital expenditures.
· Prepare monthly manufacturing financial reviews comparing actual results to budget and forecast, explaining key drivers, and recommending corrective actions.
· Build financial models and business cases to support manufacturing decisions such as improvements and cost-reduction initiatives.
· Support production scale-up planning by modeling projected product costs, margins, and manufacturing cost roadmaps.
Cost Accounting & Inventory
· Implement and maintain standard costs for medical device products, materials, labor, and overhead, including the annual standard cost roll and periodic updates.
· Analyze manufacturing variances (purchase price, material usage, labor, and overhead absorption) and collaborate with Manufacturing to identify root causes and drive corrective actions.
· Prepare and review monthly inventory reconciliations and inventory reserve analyses, including excess and obsolete inventory.
· Support monthly, quarterly, and annual financial close activities related to inventory, cost of goods sold, and cost accounting, including journal entries and account reconciliations.
· Assist in physical inventory counts, cycle and annual count programs, and inventory control procedures.
· Prepare financial analyses and reports for management related to inventory, product margins, and manufacturing performance.
· Ensure compliance with GAAP, SOX readiness initiatives, and company accounting policies, and develop and maintain cost accounting processes, procedures, and internal controls.
· Support external audits by preparing schedules, reconciliations, and supporting documentation.
Assist with ERP system enhancements and implementation of cost accounting and manufacturing reporting best practices.
Minimum Qualifications
· Bachelor’s degree in accounting, Finance, or related field required.
· 3+ years of progressive finance and accounting experience.
· Experience working with inventory accounting, standard costing, and manufacturing operations.
· Experience with NetSuite is a plus.
· Strong background in GAAP accounting and internal controls.
· Advanced Microsoft Excel knowledge required; experience with BI or reporting tools is a plus.
Skills & Abilities
· Demonstrated ability to analyze large data sets and present meaningful financial insights.
· Strong business acumen with the ability to translate financial data into practical recommendations for non-finance audiences.
· Proven ability to build trusted relationships with, and influence decisions of, manufacturing and operations leaders.
· Proven ability to handle multiple priorities in a fast-paced, high-growth environment.
· Strong organizational skills with exceptional attention to detail and accuracy.
· Excellent written, verbal, and presentation skills.
· Ability to work independently while collaborating effectively across departments.
· Experience working cross-functionally with operations, supply chain, manufacturing, quality, and finance teams.
Physical Requirements
· Ability to perform routine physical tasks, including lifting to 20 pounds.
· Comfortable working in a sitting position and performing repetitive tasks.
Work Location and Travel
· This is a hybrid position requiring regular in-office presence at company headquarters in Valencia, CA, including regular time on the manufacturing floor to partner with production teams, with approved remote workdays permitted in accordance with company policy.
· Minimal travel; opportunities may be available based on interest and business need.
Company Description
SetPoint Medical is a commercial-stage medical technology company dedicated to improving care for people living with chronic autoimmune diseases.
Department: Finance
Reports To: Controller
FLSA Status: Exempt
Location: Hybrid (based in Valencia, CA)
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire. Candidates must have and maintain authorization to work within the United States as a condition of employment.
We are proud to be an equal opportunity employer and we value diversity. SetPoint does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.