What are the responsibilities and job description for the Senior Financial Analyst - Product position at NMDP?
Position Summary
JOB DESCRIPTION
The Senior Financial Analyst – Product Finance serves as a strategic partner to Product, Strategy, and cross-functional teams, providing financial insights and decision support to drive product investments, portfolio optimization, and long-term value creation.
This role is responsible for integrating financial analysis with product strategy, ensuring that investment decisions, pricing models, and product roadmaps are aligned with organizational goals and financial stewardship. The ideal candidate combines strong FP&A expertise with a deep understanding of product economics, customer value drivers, and data-driven decision-making.
Accountabilities
Product Financial Strategy & Decision Support
Knowledge of:
NMDP offers regular, full-time employees medical, dental, vision, life and disability, accident/critical illness/hospital, well-being, legal, identity theft and pet benefits. Retirement, paid time off/holidays, leave and incentive plans are also offered to eligible employees. Please reference this link for more information: NMDP Benefit Information
JOB DESCRIPTION
The Senior Financial Analyst – Product Finance serves as a strategic partner to Product, Strategy, and cross-functional teams, providing financial insights and decision support to drive product investments, portfolio optimization, and long-term value creation.
This role is responsible for integrating financial analysis with product strategy, ensuring that investment decisions, pricing models, and product roadmaps are aligned with organizational goals and financial stewardship. The ideal candidate combines strong FP&A expertise with a deep understanding of product economics, customer value drivers, and data-driven decision-making.
Accountabilities
Product Financial Strategy & Decision Support
- Partner with Product team to evaluate product investments, business cases, and long-term roadmap decisions
- Develop and maintain financial models to assess product profitability, ROI, and lifecycle economics
- Provide scenario analysis and sensitivity modeling to inform prioritization and trade-offs across the product portfolio
- Translate complex financial insights into clear recommendations for senior leadership
- Lead financial planning processes for product areas, including annual budgeting, quarterly forecasting, and long-range planning
- Track and analyze product performance against financial and operational KPIs (e.g., revenue, cost to serve, adoption metrics)
- Partner with business stakeholders to identify drivers of variances and recommend corrective actions
- Develop and refine pricing strategies, cost models, and contribution margin analysis for product offerings
- Analyze customer segments, market dynamics, and competitive positioning to inform pricing and investment decisions
- Identify opportunities to improve profitability through cost optimization and pricing adjustments
- Collaborate with Product Management, Engineering, Operations, and Marketing to align financial insights with product strategy
- Support product launch planning through financial modeling, investment tracking, and performance measurement
- Enable data-driven decision making by improving access to financial and operational data
- Support the development of product-line P&Ls and portfolio-level resource allocations
- Develop dashboards and reporting to track product-level financial and operational performance
- Leverage financial systems and data infrastructure to improve accuracy, efficiency, and scalability
Knowledge of:
- Strong knowledge of current trends in Financial Planning and Analysis including complex financial modeling of P&L components and underlying business drivers.
- Build reporting packages and facilitate financial processes e.g., actuals variance analysis, forecast, and budget.
- Proficient in Excel and Microsoft Office and ability to work within a financial system.
- GAAP knowledge preferred.
- Analyze business strategies and their impact on financials to influence business decisions.
- Connect area that you support to overall organizational business and financial strategies.
- Aptitude to solve ambiguous problems with a proactive mindset.
- Work in cross functional teams and have outstanding relationship building capabilities.
- Meet deadlines and prioritize work.
- Strong communication skills and ability to be understood by non-financial customers.
- Desire to constantly seek and offer constructive feedback.
- Bachelor’s degree in Finance, Accounting, Economics, or related field
- 5–8 years of experience in FP&A, corporate finance, or product finance
- Strong financial modeling skills, including building integrated P&L forecasts and scenario analyses
- Experience partnering with business stakeholders and influencing decision-making
- Advanced proficiency in Excel and financial systems
- Experience supporting product, technology, or healthcare organizations
- Knowledge of product lifecycle management and product development processes
- Familiarity with pricing strategy, cost modeling, or unit economics
- Experience with data visualization tools (e.g., Power BI)
NMDP offers regular, full-time employees medical, dental, vision, life and disability, accident/critical illness/hospital, well-being, legal, identity theft and pet benefits. Retirement, paid time off/holidays, leave and incentive plans are also offered to eligible employees. Please reference this link for more information: NMDP Benefit Information
Salary : $80,000 - $100,000