Finance Analyst

Medtronic•Minneapolis, MN

1d•Onsite

About The Position

This role is part of the Global Supply Management (GSM) Finance team within Global Operations and Supply Chain (GOSC). The team partners closely with Supply Management leadership to provide financial analysis, reporting, and decision support across material, capital, and cost management activities. The Finance Analyst supports the Supply Management organization, which manages over $12B in annual direct and indirect material spend. The role provides financial support to the Supply Management team, supporting month‑end close, forecasting, capital processes, inflation analysis, and long‑term buy (LTB) activities. This position delivers recurring financial analytics and ad‑hoc decision support while developing a strong understanding of Medtronic’s supply base and sourcing processes. This role provides exposure to GOSC financial results, sourcing and inflation dynamics, capital investment decision‑making, and cross‑functional business partnering. The position builds foundational knowledge of Medtronic’s financial planning, reporting, and governance processes while developing business acumen within a global, matrixed organization.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Business, or related field
For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required

Nice To Haves

Internship, co-op, or rotation experience in Finance, Supply Chain, Operations, or Manufacturing Finance
Strong financial, analytical, and problem‑solving skills
Proficiency in Microsoft Excel and experience working with large datasets
Ability to clearly communicate financial information to non-finance stakeholders
Strong organizational skills with the ability to manage recurring deliverables and ad‑hoc requests
Ability to work effectively in a fast‑paced, cross‑functional environment
Experience with forecasting, budgeting, or capital processes
Exposure to month‑end close, P&L reporting, or cost analysis
Experience using Power BI or financial reporting systems (e.g., SAP, Hyperion)
Interest in Global Operations, Supply Chain, or Supply Management Finance

Responsibilities

Providing ongoing financial support to GSM & GSM Finance team, communicating actual results, and delivering financial guidance to project managers and sourcing leaders
Support capital processes, including preparation and submission of capital requests, financial analysis, and coordination with business partners
Analyze, monitor, and report category‑level inflation, including clear communication of trends, risks, and impacts to Finance and Supply Management leadership
Provide analytical support for Long‑Term Buy (LTB) activities, including tracking exposure, summarizing financial impacts, and communicating risks and opportunities
Perform inflation and savings analysis leveraging Power BI dashboards to support forecasting, AOP, and decision‑making
Support month‑end close activities, including preparation and analysis for Monthly Financial Review (MFR) and Monthly Operating Review (MOR)
Support Annual Operating Plan (AOP) and forecast cycles through recurring analytics, reporting, and variance analysis
Partner cross‑functionally with Supply Management and Finance stakeholders in a matrixed organization

Benefits

Competitive Salary and flexible Benefits Package
Incentive plans (Medtronic Incentive Plan (MIP))
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
Capital Accumulation Plan
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)
Paid sick time (as required under applicable state law, for temporary employees)