Minnetronix Medical · 2 hours ago
Operations Finance Manager
St Paul, MN
Full-time
Onsite
Senior Level, Lead/Staff
8+ years expForj Medical is a company that collaborates with medical device companies to bring life-enhancing technologies to market. The Operations Finance Manager will support accounting and reporting functions within manufacturing, engineering, and logistics, acting as a key finance partner to address various financial challenges in operations.
Health CareManufacturingMedical DeviceProduct Design
No H1B
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
Qualification
Required
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
Proficient in Microsoft Word, Outlook & PowerPoint; very strong Excel
Excellent attention to detail and analytical skills
Self-motivated and able to work independently and collaboratively
Must be able to multi-task, manage time well and meet critical deadlines
Excellent interpersonal & communications skills, both verbal and written
Strong organizational skills
Must be authorized to work in the United States
Preferred
CPA or CMA preferred, but not required
Manufacturing industry experience preferred
Exposure to Epicore and Planful a plus
Benefits
Health
Dental
Vision
401K plans
Time off programs
Annual bonus program
Company
Minnetronix Medical
Minnetronix Medical develops, manufactures, and commercializes medical device technologies.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$20MKey Investors
Altaris Capital Partners
2025-10-08Acquired
2021-02-03Private Equity
2016-01-26Series Unknown· $20M
Leadership Team
Jonathan Pierce
VP, Corporate Affairs
Stan Crossett
VP Manufacturing
Recent News
2025-12-13
2025-10-10
Company data provided by crunchbase