Sr. Financial Analyst at Medtronic

Los Angeles, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor’s Degree and 4+ years experience as financial analyst, accounting, business analyst or other relevant field
OR Advanced Degree and 2+ years experience as financial analyst, accounting, business analyst or other relevant field
(Nice to Have) 5+ years of progressive experience in external financial reporting within a public company and/or Big 4 environment
(Nice to Have) Working knowledge of U.S. GAAP, SEC reporting requirements, and financial statement preparation
(Nice to Have) Experience supporting Form 10-K and 10-Q filings and related financial deliverables
(Nice to Have) Strong analytical and problem-solving skills with attention to detail and accuracy
(Nice to Have) Demonstrated ability to communicate financial and accounting information clearly across diverse audiences
(Nice to Have) Working knowledge of financial consolidation and reporting systems (e.g., OneStream, Workiva)
(Nice to Have) Experience working in a newly public or transformation-driven environment
(Nice to Have) CPA or MBA preferred

Responsibilities

Contribute to the preparation, analysis, and review of quarterly and annual SEC filings, including financial statements, footnotes, and MD&A
Perform detailed tie-outs, reconciliations, and consistency checks to ensure completeness and accuracy of disclosures
Assist in the preparation of quarterly earnings release materials and other external reporting deliverables
Support external audit requests and reviews by providing clear documentation and timely responses to audit inquiries
Collaborate with cross-functional teams to gather data, improve reporting processes, and strengthen disclosure controls
Support ongoing process improvement and readiness efforts related to evolving accounting and SEC requirements

Skills

Key technologies and capabilities for this role

SEC ReportingExternal Financial ReportingTechnical AccountingFP&AControllershipPublic Filings10-K10-Q

Questions & Answers

Common questions about this position

What are the minimum education and experience requirements for this role?

Candidates need a Bachelor’s Degree and 4+ years of experience as a financial analyst, accountant, business analyst, or in a relevant field, or an Advanced Degree and 2+ years of relevant experience.

Is this position remote or onsite?

The position is preferred to be onsite at the Minneapolis, MN or Northridge, CA sites but is open to remote work as well.

What does a typical day involve for the Senior Financial Analyst?

The role involves collaborating across functions like Chief Accounting Office, Controllership, FP&A, Tax, Treasury, HR, and Legal to ensure accurate, consistent, and compliant external financial reporting, with contributions to SEC filings and process improvements.

What is the reporting structure for this position?

The role reports to the Director of External Reporting & Technical Accounting.

How should I apply to stand out for this Senior Financial Analyst role?

Ensure the minimum requirements, including your Bachelor’s Degree with 4+ years or Advanced Degree with 2+ years of relevant experience in financial analysis, accounting, or business analysis, are clearly evident in your applicant profile.

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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