Senior Financial Analyst - Medtronic
Minneapolis, MN
About the Job
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
Reporting directly to the US Director of FP&A and General Surgical Technologies (GST), the Finance Senior will provide financial planning, analytics and reporting support for the U.S Surgical business. This position will provide key financial insights to inform strategic decisions, drive actions, financial and IBP demand forecasts and annual operating plans. He/she will work closely with the US Commercial leaders and members of the US and Global finance teams responsible for financial planning, analysis and reporting.
Preference is for position to be hybrid at one of the following locations: Boston, MA; New Haven, CT; Lafayette, CO; or Minneapolis, MN. Position will require occasional travel.
Responsibilities may include the following and other duties may be assigned.
+ Consolidate and prepare all financial reviews including monthly reviews (MRs), quarterly financial reviews (QFRs), rolling forecast and stat plan reviews for the US Surgical Business
+ Compile Latest Best Estimates (LBE) from respective analysts, review and report, taking into consideration actual business performance and previous estimates
+ Report on weekly latest thinking to support the Sales and Operational Execution (S&OE) process
+ Build a solid understanding of the US Surgical business and market, in order to be able to explain variances between actual results and prior year, plan, forecast and outline key risks & opportunities
+ Manage the financial planning calendar to ensure deliverables are met in line with Corporate/ Operating Unit FP&A timelines
+ Ensure Forecast Accuracy in IBP and Financial forecasts on Anaplan and drive accountability within the Commercial organization
+ Collaborate across Surgical Finance/Ops team members to create robust and consistent operating mechanisms for managing analytics and communications across US Surgical
+ Collaborate with Global Finance, IBP to drive optimal and synergistic processes
+ Develop and maintain analytical tools (i.e. price, volume, mix, margin) that provide meaningful insights to drive business performance and execute on strategic & tactical business decisions.
+ Actively champion IBP process and reinforce IBP cultural changes within the business.
Must Have: Minimum Requirements
+ Bachelor’s Degree with 4+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 2+ years)
Nice to Have
+ Financial Planning & Analysis (FP&A) work experience, including sales expense analytics
+ Strong analytical skills, including the ability to identify key trends and drivers.
+ Ability to effectively and efficiently utilize systems/data to provide insightful analysis and implement recommendations.
+ Class III Medical device experience
+ Ability to work and thrive in a fast-paced environment and manage multiple and conflicting deadlines and priorities
+ Strong business acumen: ability to learn/understand the business and influence key stakeholders at various management levels to drive and increase value to the organization.
+ High level of initiative and self-motivation.
+ Ability to work independently with limited manager oversight
+ Excellent written/oral communication and presentation skills, including the ability to translate financial data into concise information for management
+ Ability to work effectively in a team environment and build strong working relationships
+ Experience with projects that require high matrix collaboration, building relationships and influence.
+ Experience with Medtronic financial systems: SAP, Essbase/Hyperion & Business Objects.
+ Experience with Microsoft Office tools including Excel, PowerPoint, and Word
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. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
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):$83,200.00 - $124,800.00
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).
Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)
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 90,000+ 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 (http://www.medtronic.com) .
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.
At Medtronic, most positions are posted on our career site for 3-7 days.
Welcome to our new Careers Site!
If you applied before July 22nd, please check your email for a notification from us providing you with instructions and a link to set up your new account and retain access to your current activity. If you do not see an email from us, please feel free to proceed with creating a new account.
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 90,000+ 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.
We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.
We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.
This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…
+ Build a better future, amplifying your impact on the causes that matter to you and the world
+ Grow a career reflective of your passion and abilities
+ Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning
These commitments set our team apart from the rest:
Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.
Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.
Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.
Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care
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.
For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.
This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .
For updates on job applications, please go to the candidate login page and sign in to check your application status.
If you need assistance completing your application please email AskHR@medtronic.com
To request removal of your personal information from our systems please email RS.HRCompliance@medtronic.com
A Day in the Life
Reporting directly to the US Director of FP&A and General Surgical Technologies (GST), the Finance Senior will provide financial planning, analytics and reporting support for the U.S Surgical business. This position will provide key financial insights to inform strategic decisions, drive actions, financial and IBP demand forecasts and annual operating plans. He/she will work closely with the US Commercial leaders and members of the US and Global finance teams responsible for financial planning, analysis and reporting.
Preference is for position to be hybrid at one of the following locations: Boston, MA; New Haven, CT; Lafayette, CO; or Minneapolis, MN. Position will require occasional travel.
Responsibilities may include the following and other duties may be assigned.
+ Consolidate and prepare all financial reviews including monthly reviews (MRs), quarterly financial reviews (QFRs), rolling forecast and stat plan reviews for the US Surgical Business
+ Compile Latest Best Estimates (LBE) from respective analysts, review and report, taking into consideration actual business performance and previous estimates
+ Report on weekly latest thinking to support the Sales and Operational Execution (S&OE) process
+ Build a solid understanding of the US Surgical business and market, in order to be able to explain variances between actual results and prior year, plan, forecast and outline key risks & opportunities
+ Manage the financial planning calendar to ensure deliverables are met in line with Corporate/ Operating Unit FP&A timelines
+ Ensure Forecast Accuracy in IBP and Financial forecasts on Anaplan and drive accountability within the Commercial organization
+ Collaborate across Surgical Finance/Ops team members to create robust and consistent operating mechanisms for managing analytics and communications across US Surgical
+ Collaborate with Global Finance, IBP to drive optimal and synergistic processes
+ Develop and maintain analytical tools (i.e. price, volume, mix, margin) that provide meaningful insights to drive business performance and execute on strategic & tactical business decisions.
+ Actively champion IBP process and reinforce IBP cultural changes within the business.
Must Have: Minimum Requirements
+ Bachelor’s Degree with 4+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 2+ years)
Nice to Have
+ Financial Planning & Analysis (FP&A) work experience, including sales expense analytics
+ Strong analytical skills, including the ability to identify key trends and drivers.
+ Ability to effectively and efficiently utilize systems/data to provide insightful analysis and implement recommendations.
+ Class III Medical device experience
+ Ability to work and thrive in a fast-paced environment and manage multiple and conflicting deadlines and priorities
+ Strong business acumen: ability to learn/understand the business and influence key stakeholders at various management levels to drive and increase value to the organization.
+ High level of initiative and self-motivation.
+ Ability to work independently with limited manager oversight
+ Excellent written/oral communication and presentation skills, including the ability to translate financial data into concise information for management
+ Ability to work effectively in a team environment and build strong working relationships
+ Experience with projects that require high matrix collaboration, building relationships and influence.
+ Experience with Medtronic financial systems: SAP, Essbase/Hyperion & Business Objects.
+ Experience with Microsoft Office tools including Excel, PowerPoint, and Word
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. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
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):$83,200.00 - $124,800.00
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).
Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)
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 90,000+ 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 (http://www.medtronic.com) .
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.
At Medtronic, most positions are posted on our career site for 3-7 days.
Welcome to our new Careers Site!
If you applied before July 22nd, please check your email for a notification from us providing you with instructions and a link to set up your new account and retain access to your current activity. If you do not see an email from us, please feel free to proceed with creating a new account.
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 90,000+ 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.
We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.
We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.
This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…
+ Build a better future, amplifying your impact on the causes that matter to you and the world
+ Grow a career reflective of your passion and abilities
+ Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning
These commitments set our team apart from the rest:
Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.
Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.
Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.
Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care
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.
For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.
This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .
For updates on job applications, please go to the candidate login page and sign in to check your application status.
If you need assistance completing your application please email AskHR@medtronic.com
To request removal of your personal information from our systems please email RS.HRCompliance@medtronic.com
Source : Medtronic