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Principal Financial Analyst

Shoulder Innovations
Full-time
Remote
United States
$125 - $135 USD yearly
Finance & Professional Services

Shoulder Innovations is a medical device startup that is revolutionizing shoulder replacements. Led by a seasoned team with over a century of orthopedic expertise, we’ve developed a disruptive shoulder replacement system and secured substantial funding to drive rapid growth.


We’re seeking entrepreneurial talent to join us on this exciting journey. Our culture is built on:


People First: Authentically human.

One Team: Empowered and aligned.

Innovation: Bold, creative, and daring.

Growth Mindset: Always curious.


Ready to make an impact in orthopedics? Let’s grow together!


We are seeking a Principal Financial Analyst who wants to use their knowledge to help grow our newly publicly traded business -Shoulder Innovations (NYSE: SI).  Our Ideal candidate will bring a blend of corporate financial analysis, revenue analytics, and forecasting.


As a Principal Financial Analyst, some of your job duties will include:


  • Revenue Analytics and Forecasting
    • Develop and maintain dynamic revenue forecasting models based on procedure volumes, product mix, surgeon utilization, and pricing strategy
    • Analyze and report on key revenue drivers, including customer adoption trends, sales performance, and distribution channel activity
    • Track and explain variances between actual and forecast; proactively identify risks and opportunities
    • Collaborate with Commercial and Sales Operations teams to align financial forecasts with field intelligence and market dynamics
    • Provide forward-looking analysis and scenario modeling to support strategic planning and long-range growth objectives
  • Pricing Administration
    • Contribute to building a centralized, efficient contracting approach for Distributor accounts
    • Maintain a comprehensive repository of Distributor contracts; track expiration dates and assist in renewals or amendments
    • Partner with leadership in drafting, reviewing (redlining), and securing necessary contract approvals
    • Ensure accurate setup and maintenance of Distributor information across internal systems
  • Other Financial Analysis
    • Support company-wide budgeting and forecasting cycles, including operating expense planning and departmental support
    • Perform ad hoc analysis and financial modeling to evaluate business initiatives, product launches, or capital investments
    • Assist in monthly and quarterly close processes, including variance analysis and reporting packages

 

To be successful as a Principal Financial Analyst, you should have the following experiences and skills:


  • Bachelor’s degree in finance, Accounting, Economics, or related discipline required
  • MBA, CPA, or CFA preferred
  • 7+ years of progressive experience in financial planning and analysis, with a strong preference for backgrounds in the medical device, healthcare, or life sciences industries.
  • Strong understanding of revenue recognition, especially as it applies to medical devices and procedure-based sales models
  • Advanced Excel skills; experience with financial planning systems such as Adaptive Insights, NetSuite, or similar tools
  • High proficiency in financial modeling, scenario analysis, and executive-ready reporting
  • Excellent communication skills; ability to translate complex data into clear and actionable business insights
  • Demonstrated ability to work both independently and collaboratively in a fast-paced, high-growth environment

 

If you believe that you are a perfect fit to join our team, please consider applying today. To learn more about what Shoulder Innovations does, please visit us at www.shoulderinnovations.com.