Job Description
FP&A Senior Analyst
Company Description
Founded by Dr. Jonathan Rothberg in 2011, Butterfly Network is a digital health company with a mission is to democratize medical imaging by making high-quality ultrasound affordable, easy-to-use, globally accessible, and intelligently connected, including for the 4.7 billion people around the world lacking access to ultrasound. Butterfly created the world’s first handheld single-probe, whole-body ultrasound system using semiconductor technology, Butterfly iQ.
The company has continued to innovate, leveraging the benefits of Moore’s Law, to launch its second generation Butterfly iQ+ in 2020, and third generation iQ3 in 2024 – each with increased processing power and performance enhancements.
The disruptive technology has been recognized by TIME’s Best Inventions, Fast Company’s World Changing Ideas, CNBC Disruptor 50, and MedTech Breakthrough Awards, among other accolades. With its proprietary Ultrasound-on-Chip™ technology, intelligent software, and educational offerings, Butterfly is paving the way to mass adoption of ultrasound for earlier detection and remote management of health conditions around the world.
Joining Butterfly is the opportunity to redesign the future of healthcare through the power of technology. Embark on a journey with us to maximize global impact, motivated by the idea that our products will change the lives of millions, along with the people you love.
Job Description
The FP&A Senior Analyst will be a key player on our Corporate FP&A team. This person will support the core FP&A processes and continuously enhance the Company’s forecasting and long-term planning abilities. The right person will be a self-starter intent on creating new insights with deep financial analysis and cross functional partnerships.
Reporting to the Manager of FP&A, this person will be responsible for the financial cadence and structure at Butterfly. As part of our team, your core responsibilities will be:
- Analyze financial and operational information to identify underlying business drivers and trends that inform management decisions
- Prepare monthly and quarterly management reporting (Revenue, COGS, OpEx, CAPEX, Headcount) - analyze financial results, distill key trends, perform variance analysis, and communicate key messages to CFO and senior management
- Manage the corporate budget and partner with business process owners to monitor departmental budget performance, identify deviations, and recommend corrective actions
- Support the annual budgeting process, collaborating with various departments to gather and consolidate information
- Provide dedicated financial support to the Sales and Commercial teams on ad hoc projects.
- Develop and maintain financial models to support long-term planning and drive better resource allocation and investment decisions
- Build and maintain relationships with cross-functional teams and finance business partners to synthesize and integrate updates relating to budget and planning
- Support the Manager of FP&A and Director of Finance in ad hoc and specific analyses that inform long term, strategic business choices/decisions
Qualifications
Baseline skills/experiences/attributes:
- 2-5 years of experience in FP&A, Investment Banking, Management Consulting
- Experience in Financial Modeling and Analysis
- Working knowledge of GAAP
- Attention to detail
- Strong technical skills leveraging AI to drive operational efficiencies
- Ability to manage multiple tasks in a deadline-driven environment
- Excellent communication skills (written and verbal)
- Adept at MS Excel/GoogleSheets and creating compelling Powerpoint presentations
Ideally, you also have these skills/experiences/attributes (but it’s ok if you don’t!):
- Experience in med-tech/health-tech/med-device business preferred
- Experience establishing/maintaining financial rhythm in well established environments
- Experience with Adaptiv, Netsuite, and/or Salesforce
Location
At Butterfly we offer a hybrid work environment. For most employees, this means part time in the office (two or more days a week). Based on functional responsibilities and equipment needs, certain roles will require full time on-site support, and select roles will be eligible to be remote.
Our offices offer kitchens stocked with snacks and beverages, comfortable work stations, and multiple opportunities to collaborate with your colleagues to build community
This is a hybrid position and will be based out of our office in New York City, NY.
Benefits and Perks
- Comprehensive health insurance, encompassing dental and vision coverage, is provided to all our employees. As a health-tech company, we prioritize the well-being of our teams. Additionally, employees have the option to buy up for enhanced health insurance coverage. We also contribute to Health Savings Account (HSA) accounts for all enrolled employees on an annual basis.
- Comprehensive Employee Assistance Program - we provide access to tools and resources to support your emotional health and day-to-day needs.
- 401k plan and match - we facilitate your retirement goals.
- Eligible employees will have the opportunity to participate in Employee Stock Purchase Plan (ESPP)
- Unlimited Paid Time Off + 10 Holiday Days a Year - recharge and come back ready to make an impact
- Parental Leave - we want to make sure our employees have plenty of time with their growing families, and additional benefits for primary caregivers to help transition back to work after leave
- Competitive salaried compensation - we value our employees and show it
- Equity - we want every employee to be a stakeholder
- The opportunity to build a revolutionary healthcare product and save millions of lives!
Compensation
Our estimated salary for this role based in NYC is around $120,000 + bonus + equity + benefits. Actual pay is determined by multiple factors such as skills, qualifications, experience and market demand.
For this role, we are only considering candidates who are legally authorized to work in the United States and who do not now or in the future require sponsorship for employment visa status.
Butterfly Network does not accept agency resumes.
Butterfly Network is an E-Verify Company.
Butterfly Network is an equal opportunity employer. Regardless of race, traits associated with race, color, ancestry, religion, gender, national origin, sexual orientation, age, citizenship, marital status, disability or Veteran status. All your information will be kept confidential according to EEO guidelines.
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