Finance Analyst

MedtronicMinneapolis, MN
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 Global Supply Management Finance Analyst 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. Position Summary 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. Development & Exposure 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

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

  • 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)
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