Senior Finance Analyst - Operations FP&A (Finance)

We anticipate the application window for this opening will close on - 27 May 2025

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 Contract Manufacturing Platform.
This role is critical to deliver on the financial commitments, and continuously drive improvements, standardization, and efficiencies within our FP&A processes. The successful candidate will partner within GOSC to report, analyze, forecast, and articulate our GOSC financial performance.

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

Minimum Requirements

• 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.

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):$85,600.00 - $128,400.00

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).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: 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 , and Simple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees: 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) , and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

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 95,000+ 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 .

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.

If you are applying to perform work for Medtronic, Inc. ("Medtronic") in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.