Manager, Finance - Contract Manufacturing (Hybrid - Acton, MA)
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Job Description
Job Title: Finance Manager – Contract Manufacturing
Location: Acton, MA - Hybrid
Position Summary
We are seeking a results-driven and analytical Finance Manager to oversee financial reporting and analysis related to our third-party contract manufacturing (CMO). The area of responsibility covers manufacturing operations in China and across the supply base where consigned inventories or other Insulet assets are used at 3rd party vendors.This role will work closely with the Supply Chain Organization and their finance support resources focused on accounting treatments and best practice implementation. This role is responsible formonitoring costs, managing inventory analysis and reporting, supporting contract execution and negotiations, and ensuring financial transparency and compliance. The CMO Manager will also assist in developing new contract manufacturing activities and relationships for future expansion. This is a global role within a fast-growing medical device company, requiring strong cross-functional collaboration and business acumen.
Key Responsibilities
Financial Reporting & Analysis
Lead monthly financial close activities forcontractmanufacturing (CMO), including inventory accruals, reconciliations, cost updatesand variance analysis.
Prepare and present financial reports on CMO and site performance, including cost trends, inventory levels, and margin impacts.
Analyze actual vs. forecasted results and provide insights to support operational and strategic decisions.
Develop and maintain dashboards and KPIs to monitor financial performance across both third-party and internal manufacturing.
Support the development of the annual budget and quarterly forecasts related to operational variances, local spending (where applicable) and inventory fluctuations.
Cost Management & Inventory Oversight
Track and analyze manufacturing costs, including material, labor, overhead, and logistics associated with third-party and Irvine operations.
Monitor inventory levels at CMO sites, the Irvine facility, and specific consigned inventories at vendor locations, ensuring accurate valuation, inventory controls, and reporting.
Partner with supply chain and operations teams to optimize inventory turns and reduce excess or obsolete stock.
Ensure compliance with internal controls and accounting standards related to inventory and cost of goods sold.
Support and maintain compliance with Sarbanes-Oxley (SOX) requirements, including documentation and testing of key controls.
Collaborate with internal audit and external auditors to facilitate reviews and implement corrective actions as needed.
Provide guidance and support related to related transactional flows within the Insulet ERP system, including the design and recognition of earned overhead absorption.
Ensure compliance and execution of CMO contract terms and business agreements.
Compliance audits related to fixed assets located at remote CMO facilities.
Contract Support & Business Partnership
Support contract negotiations with CMOs by providing financial modeling, cost benchmarking, and scenario analysis.
Collaborate with procurement, legal, and operations teams to evaluate commercial terms and financial implications.
Serve as the finance lead for CMO and supporting the Irvine site regardingrelationship management, ensuring alignment on performance metrics and cost expectations.
Identify and drive opportunities for cost savings and operational efficiency.
Qualifications
Bachelor’s degree in Finance, Accounting, or related field (CPA, CMA, or MBA preferred).
8+ years of experience in financial analysis, cost accounting, or operations finance, preferably in a manufacturing or CMO environment.
Strong understanding of manufacturing cost structures, inventory accounting, and supply chain finance.
Proficiency in ERP systems (SAP, Oracle, or similar) and advanced Excel skills.
Excellent analytical, communication, and business partnering skills.
Ability to manage multiple priorities and work cross-functionally in a fast-paced, global environment.
Preferred Skills
Experience working with third-party manufacturers or outsourced production models.
Familiarity with contract review and financial risk assessment.
Knowledge of standard costing, variance analysis, and inventory reconciliation.
Experience with data visualization tools (e.g., Power BI, Tableau).
NOTE: This position is eligible for hybrid working arrangements and requires on-site work from an Insulet office. #LI-Hybrid
Additional Information:
The US base salary range for this full-time position is $98,625.00 - $147,937.50. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position in the primary work location in the US. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your Talent Acquisition Specialist can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus, equity, or benefits.Insulet Corporation (NASDAQ: PODD), headquartered in Massachusetts, is an innovative medical device company dedicated to simplifying life for people with diabetes and other conditions through its Omnipod product platform. The Omnipod Insulin Management System provides a unique alternative to traditional insulin delivery methods. With its simple, wearable design, the tubeless disposable Pod provides up to three days of non-stop insulin delivery, without the need to see or handle a needle. Insulet’s flagship innovation, the Omnipod 5 Automated Insulin Delivery System, integrates with a continuous glucose monitor to manage blood sugar with no multiple daily injections, zero fingersticks, and can be controlled by a compatible personal smartphone in the U.S. or by the Omnipod 5 Controller. Insulet also leverages the unique design of its Pod by tailoring its Omnipod technology platform for the delivery of non-insulin subcutaneous drugs across other therapeutic areas. For more information, please visit insulet.com and omnipod.com.We are looking for highly motivated, performance-driven individuals to be a part of our expanding team. We do this by hiring amazing people guided by shared values who exceed customer expectations. Our continued success depends on it!
At Insulet Corporation all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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