Senior Financial Analyst at Medtronic

Minneapolis, Minnesota, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

NoVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor’s degree required
Minimum of 4 years of relevant experience, or advanced degree with a minimum of 2 years relevant experience
Proficient in Microsoft Excel, Word, PowerPoint
Strong analytical and critical thinking skills including the ability to identify key trends and drivers
Strong quantitative and analytical skills for creating actionable insights and analysis
Ability to develop solutions and/or innovative ideas to problems and ensure that solutions are consistent with the organization’s objectives

Responsibilities

Performs and analyzes month end close processes & analysis – including WBS & CC management, expense reclasses, report preparation and consolidation and Planisware/SAP tie outs
Collaborate on Annual Operating Plan (AOP), Strat Plan and other forecast cycles – including prioritization analysis and OneStream tie-outs
Business Partner with Strategic Program leadership and their teams – including support & analysis on business cases, savings calculations, financial policies and CARs
Leverage strong problem-solving to tackle challenges related to financial reporting, forecasting and analysis. Seek innovative solutions that can streamline processes
Maintain clear and organized documentation of processes and improvements made
Develop ad hoc reports to support analyses. Work on special requests, projects, and financial presentations for management as required
Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management

Skills

SAP

Planisware

OneStream

Financial Analysis

Forecasting

Month End Close

Business Case Analysis

WBS Management

Expense Reclasses

AOP

Strategic Planning

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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