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
This position serves as a key member of the Global Operations and Supply Chain FP&A team, supporting the lead for Material Purchases. The role will partner with functional business partners, manufacturing FP&A and our Global Centers of Excellence. The role will support ensuring GOSC FP&A processes, timelines, reporting, and analysis deliver on our business objectives. The role will support ensuring GOSC FP&A processes, timelines, reporting, and analysis deliver on our business objectives.
The Senior Financial Analyst is responsible for supporting the FP&A processes centered around material purchases and PPV reporting and forecasting in support of the West manufacturing region.
- Strategic Financial Leadership- Build a deep understanding of material purchasing and how volume, inflation and savings actions are translated to financial results and use this information to help influence business decisions.-
- Collaborate with Supply Management, Contract Manufacturing Organizations and Finance partners to develop reporting and processes to manage both the P&L and Balance sheet impacts of material purchasing.-
- Operate independently, as a seasoned individual contributor, working under limited supervision, to determine and develop approach to solutions.- Functional Excellence and Business Partnering- Support the preparation and presentation of spending analysis, KPIs, Manufacturing Variance commentary, and forecasting to various levels of management-
- Proactive business partnering with stakeholders in the analysis of trends and anomalies in results-
- Partner cross functionally in preparation of the AOP and quarterly forecasts, to ensure cost down targets, strategic initiatives are clearly understood and consistently applied-
- Work with OUs and Portfolios to increase visibility to cost drivers within the material pool and help identify opportunities for cost savings- Must Haves- Bachelor's Degree with 4+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 2+ years)- Nice to Haves- Strong financial analysis and accounting skills-
- Is a team player in a matrix structure with strong communication/ presentation skills.-
- Working Experience supporting Manufacturing and familiarity with cost accounting principals-
- Experience with business intelligence and reporting systems would be an advantage-
- Global Experience, working in large, complex, matrix organizations-
- 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.-
- Verbal and written communication skills in English and Spanish 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.
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.
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
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