Finance Analyst at Medtronic

Pune, Maharashtra, India

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Minimum of 3 to 6 years of experience required
Bachelor’s degree in Finance, Accounting, Economics, or related field; MBA/CPA is a plus
Experience in financial planning and analysis or accounting within a multinational environment
Good knowledge of PowerBI and Microsoft Excel
Excellent analytical and problem-solving skills, curiosity and willingness to learn
Fluent in English
Detail-oriented with the ability to work independently and in teams

Responsibilities

Collate internal & external data and ensure comparability across systems
Assure data integrity (master data management, hierarchies)
Own and update planning assumptions and other drivers – collaborate with various teams across the organization
Produce driver-based forecasts (first pass forecast as starting point for Commercial FP&A, trending & scenario planning)
Consolidate and submit forecasts & results (ensure accurate submission, find efficiencies)
Analyze outputs and highlight inconsistencies
Produce standard reports in Power BI
Produce ad-hoc reports and presentations
Produce bespoke analytics (e.g. business cases and new business scenarios)
Provide support for financial planning and reporting across key areas of the P&L (Revenue, Expenses)
Standardize and automate revenue and cost analyses/reports
Provide insights to support managerial decisions
Conduct detailed actual vs. plan reviews and forecasting (quarterly and 3-year horizon)

Skills

Financial Planning

P&L Analysis

Forecasting

Variance Analysis

Data Integrity

Master Data Management

Driver-based Forecasting

Scenario Planning

FP&A

Data Collation

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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