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Senior Financial Analyst at Medtronic

Posted in General Business 30+ days ago.

Type: Full-Time
Location: North Haven, Connecticut





Job Description:

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

Reporting directly to the US Director of FP&A and General Surgical Technologies (GST), the Finance Senior will provide financial planning, analytics and reporting support for the U.S Surgical business. This position will provide key financial insights to inform strategic decisions, drive actions, financial and IBP demand forecasts and annual operating plans. He/she will work closely with the US Commercial leaders and members of the US and Global finance teams responsible for financial planning, analysis and reporting.

Preference is for position to be hybrid at one of the following locations: Boston, MA; New Haven, CT; Lafayette, CO; or Minneapolis, MN. Position will require occasional travel.

Responsibilities may include the following and other duties may be assigned.


  • Consolidate and prepare all financial reviews including monthly reviews (MRs), quarterly financial reviews (QFRs), rolling forecast and stat plan reviews for the US Surgical Business

  • Compile Latest Best Estimates (LBE) from respective analysts, review and report, taking into consideration actual business performance and previous estimates

  • Report on weekly latest thinking to support the Sales and Operational Execution (S&OE) process

  • Build a solid understanding of the US Surgical business and market, in order to be able to explain variances between actual results and prior year, plan, forecast and outline key risks & opportunities

  • Manage the financial planning calendar to ensure deliverables are met in line with Corporate/ Operating Unit FP&A timelines

  • Ensure Forecast Accuracy in IBP and Financial forecasts on Anaplan and drive accountability within the Commercial organization

  • Collaborate across Surgical Finance/Ops team members to create robust and consistent operating mechanisms for managing analytics and communications across US Surgical

  • Collaborate with Global Finance, IBP to drive optimal and synergistic processes

  • Develop and maintain analytical tools (i.e. price, volume, mix, margin) that provide meaningful insights to drive business performance and execute on strategic & tactical business decisions.

  • Actively champion IBP process and reinforce IBP cultural changes within the business.

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


  • Financial Planning & Analysis (FP&A) work experience, including sales expense analytics

  • Strong analytical skills, including the ability to identify key trends and drivers.

  • Ability to effectively and efficiently utilize systems/data to provide insightful analysis and implement recommendations.

  • Class III Medical device experience

  • Ability to work and thrive in a fast-paced environment and manage multiple and conflicting deadlines and priorities

  • Strong business acumen: ability to learn/understand the business and influence key stakeholders at various management levels to drive and increase value to the organization.

  • High level of initiative and self-motivation.

  • Ability to work independently with limited manager oversight

  • Excellent written/oral communication and presentation skills, including the ability to translate financial data into concise information for management

  • Ability to work effectively in a team environment and build strong working relationships

  • Experience with projects that require high matrix collaboration, building relationships and influence.

  • Experience with Medtronic financial systems: SAP, Essbase/Hyperion & Business Objects.

  • Experience with Microsoft Office tools including Excel, PowerPoint, and Word

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.

Salary ranges for U.S (excl. PR) locations (USD):$83,200.00 - $124,800.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

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 90,000+ 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.

At Medtronic, most positions are posted on our career site for 3-7 days.





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