Sr. Financial Analyst at Medtronic

Los Angeles, California, United States

Medtronic Logo
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 financial reporting in medical device industry
  • (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) CPA or MBA preferred

Responsibilities

  • Performs and analyzes financial modeling, economic research, trends and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, and cost against budget, variance analysis, forecasting, financial planning and expense comparisons by analysis of profit and loss statements and/or income statements
  • Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management
  • Develops, maintains, and establishes operational specifications for financial information systems considering such things as information flow, volume, ad hoc reporting, and analysis
  • May provide analysis on business development and may monitor business performance by unit, division or group
  • Collaborates across a host of functions to ensure that financial reporting is accurate, consistent, and compliant
  • Contributes to the organization’s continued advancement in reporting maturity post-separation

Skills

Financial Modeling
Variance Analysis
Forecasting
Financial Planning
Cash Flow Analysis
Profit and Loss Analysis
Income Statements
Economic Research
Depreciation Analysis
Working Capital Management
Budget Analysis
Financial Reporting

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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