Senior Financial Analyst
About The Position
The Global Operations and Supply Chain (GOSC) Strategic Costing FP&A team partners across Operations, Supply Chain, and business leadership to provide financial insights that support gross margin performance and long-term value creation. This team plays a key role in understanding, analyzing, and communicating product cost and gross margin drivers across the Cardiovascular portfolio, helping to inform business decisions and support strategic initiatives. This position is located in Minneapolis, Minnesota and follows a flex work model with an in-office expectation of four days per week. Minimal travel is expected. This position is critical to enable sustainable gross margin expansion while adding value through superior business partnering. This role will work closely with GOSC and OU business partners. The successful candidate will be responsible for sharing real-time results, detailed product costing insights, and support strategic initiatives. As a Senior Financial Analyst supporting the GOSC Strategic Costing FP&A team, you will provide financial analysis and business partnership focused on product costing, gross margin performance, and operational financial results across the Cardiovascular portfolio. This role works closely with Operations, Supply Chain, and Operating Unit leaders to deliver actionable insights, communicate performance drivers, and support initiatives that enable sustainable gross margin expansion.
Requirements
- Bachelor’s degree required
- 4+ years relevant experience (2+ years with an Advanced degree)
- Strong ability to partner with senior leadership and partner through others, facilitates decision-making activities, builds relationship networks at all levels, and leads change
- Strong financial analysis and accounting skills
- 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.
- U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.
Nice To Haves
- Is a team player in a matrix structure
- Strong communication skills and excellent interpersonal skills
- Strong quantitative and analytical skills for creating actionable insights and analysis
- Experience with Medtronic financial systems: SAP, Essbase/Hyperion & Business Objects
- Experience with Microsoft Office tools including Excel, PowerPoint, and Word
Responsibilities
- Develop a deep understanding of product costs and key drivers of cost
- Gather historical information and summarize data to highlight gross margin trends
- Work cross functionally to collaborate and align strategies across GOSC and the Cardiovascular Portfolio teams
- Lead OU presentation of the GOSC impact on Gross Margin analysis and provide financial performance commentary to various levels of management
- Partner cross functionally in support of the AOP and quarterly forecasts, to ensure forecasts are accurate by OU and allocations/targets are clearly understood and consistently applied
- Work with OUs and Portfolio to increase visibility to cost drivers within the cost pools and identify opportunities for cost savings
- Lead cost roll reconciliation for specific OUs within the CV Portfolio, summarize impact of cost changes and review impact with cross functional teams
Benefits
- Competitive Salary and flexible Benefits Package
- 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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What This Job Offers
Job Type
Full-time
Career Level
Senior
