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Finance Analyst
Finance AnalystMedtronic Plc • Minneapolis, MN, US
Finance Analyst

Finance Analyst

Medtronic Plc • Minneapolis, MN, US
[job_card.30_days_ago]
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  • [job_card.full_time]
[job_card.job_description]

Finance Team Member

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

In this exciting role on the Global Functions Finance Team, you will be part of a best-in-class Finance team, responsible for the ongoing support of the Clinical, Medical and Regulatory Affairs (CMRA) function. This role contributes to strategically guiding CMRA to their business objectives through strategic FP&A activities : modeling, reporting, data analysis and more. This role resides at Operational Headquarters (OHQ) in the United States (US) and reports to the Global Functions Finance Management. This role will be onsite 4 days / week at OHQ.

CMRA drives innovative clinical research, medical and regulatory strategies and solutions to improve patients' lives and enable the Medtronic Mission. The role will work directly with our partners in CMRA and the Global Functions Finance team in the US, ensuring CMRA's critical work is understood, financially supported and strategically executed.

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Responsibilities may include the following and other duties may be assigned :

  • Established and productive individual contributor, in FP&A and accounting subjects such as : analysis of profit and loss statements and / or income statements, working capital, asset management including depreciation, cash flow, variance analysis, business case preparation & related theories, and financial planning / forecasting.
  • Collaborates with CMRA, Finance, and other areas across the company as needed to drive results.
  • Solves problems by understanding breadth of issue, recommending enhancements, seeks alignment and executes.
  • Communicates well and frequently with direct management and stakeholders.
  • Experience with cost accounting, lean transformation, and cost down initiatives are a plus.
  • Experience with GFS, OneStream and SAP. Experience with Medtronic FP&A processes, systems and organizational alignment is a plus.
  • Experience with Global transactions, especially payroll vacation, taxes, etc. Especially in Europe, where each country is unique.
  • Execute monthly, quarterly, and annual journal entries and reporting

Minimum Qualifications :

  • Bachelors degree plus 2+ years of work experience in Finance and / or Accounting or an Advanced Degree with 0+ years of work experience
  • Nice to Have :

  • Bachelors Degree in Finance or Accounting
  • Experience in Financial Planning & Analysis (FP&A), including revenue and expense analytics
  • Strong analytical skills and the ability to identify key trends and drivers
  • Excellent communication and presentation skills, with the ability to translate financial data into clear, actionable insights for management
  • Strong organizational and time management skills, with the ability to manage multiple tasks and changing priorities
  • Expertise in using systems and data to provide insightful analysis and implement actionable recommendations
  • High level of business acumen and the ability to influence stakeholders at various levels of the organization
  • Ability to work independently and self-motivate with limited oversight
  • Experience managing projects that require high collaboration across teams and building relationships
  • Familiarity with Medtronic financial systems, including SAP, Onestream, Essbase and Hyperion, or similar systems
  • Advanced proficiency with Microsoft Office tools such as Excel, PowerPoint, CoPilot and Word
  • An MBA or CPA designation is a plus.
  • Physical Job Requirements

    The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

    The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles : While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers.

    Benefits & Compensation

    Medtronic offers a competitive salary and flexible benefits package. A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

    Salary ranges for U.S (excl. PR) locations (USD) : $68,800.00 - $103,200.00 This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification / education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

    The following benefits and additional compensation are available to those regular employees who work 20+ hours per week : Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance / reimbursement, and Simple Steps (global well-being program).

    The following benefits and additional compensation are available to all regular employees : Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

    Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico. Further details are available at the link below :

    Medtronic benefits and compensation plans

    About Medtronic

    We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions. Our Mission to alleviate pain, restore health, and extend life unites a global team of 95,000+ passionate people. We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

    Learn more about our business, mission, and our commitment to diversity here.

    It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and / or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

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