Finance Analyst

Medtronic•Fridley, MN

4d•Onsite

About The Position

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

Requirements

Bachelor's degree plus 2+ years of work experience in Finance and/or Accounting or an Advanced Degree with 0+ years of work experience

Nice To Haves

Bachelor’s 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.
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.

Responsibilities

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
Execute monthly, quarterly, and annual journal entries and reporting

Benefits

Medtronic offers a competitive Salary and flexible Benefits Package
We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
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
Simple Steps (global well-being program)
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)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)