Senior Financial Analyst
Medtronic
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
Join the Cardiac Rhythm Management (CRM) finance team supporting the Cardiovascular Diagnostics and Services Business (CDS).
The Senior Financial Analyst will support the CDS Research & Development and Clinical organizations by collaborating closely with key business leaders: VP of Research & Development, R&D Core Team Leaders and the Sr Director of Clinical. In this role, you will work collaboratively to ensure sound financial projections and accounting of pipeline innovation, strategic initiatives, and serve as a voice for the finance organization. The primary responsibilities of this position are to perform and analyze financial models, project accounting, budget management (expense and capital), participation in cross functional teams, and engagement in forecasting, Annual Operating Plan (AOP) and Strategic Plan.
At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.
Responsibilities may include the following and other duties may be assigned:
Partner with the Core Team Leaders on all aspects of financial management & overall R&D portfolio management, including core team support & business case development/ financial modeling, project prioritization, resource allocation, expense management and capital planning
Serve as the primary finance partner to the Clinical team, supporting cost center and project management, adhoc financial analysis and business case development
Coordinate CDS R&D functional Financial Planning & Analysis (FP&A) activities, including preparing and presenting monthly/quarterly month-end close meetings.
Prepare analysis and presentations, including presenting in Core Team meetings, PRC and leadership meetings such as Quarterly Business Reviews (QBRs)
Financial and analytical support of strategic planning to ensure pipeline objectives are reasonable and align with market expectations
Develop and maintain various financial models and report on the impact of project timeline shifts
Drive efficiency/improvement of related finance processes in support of the organization
Perform additional financial analysis for special projects upon request
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
Bachelor's degree in Finance or Accounting
Strong Accounting background and understanding of capital policies
Practical knowledge of project management/accounting
Exhibits a collaborative, motivated and curious attitude and approach to duties
Manages assigned projects with a cross-functional mindset and is driven to deliver outputs in a timely manner
Works independently under limited supervision to determine and develop approach to solutions
Contributes to the completion of work group objectives, through building relationships and consensus to reach agreements
Critical thinking to drive efficiencies and enhance performance, in-depth analysis and recommendations
Communicates confidently and effectively within a matrixed organizational structure
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.
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.