Senior Financial Analyst - Quality at Medtronic in Minneapolis, Minnesota

Posted in General Business 11 days ago.

Type: Full-Time





Job Description:

Careers that Change Lives
Our space, the medical device and healthcare industry, is rapidly changing. It always has been that way. With remote monitoring, wearables, robotics, AR/VR, telemedicine, and much more, agility and responsiveness are key to our success. Experience what it's like to work at a company with an exciting product pipeline full of patented inventions driving innovation in the healthcare space.

If you are looking to expand business partnering skills, develop influencing capabilities, and lead high-visibility projects, come join our Financial Planning and Analysis (FP&A) team! This Senior Financial Analyst role provides key support related to the Medtronic (MDT) Quality organization.

We seek out and hire a diverse workforce at every level: We need fresh ideas and inclusive insights to continue to be an innovative industry leader - that's why we make it a point to seek out, attract and develop employees who are patient-centric, passionate, and who represent the same wide variety of life experiences as our patients.

Position can be on-site at either the Mansfield, MA or Minneapolis, MN location.

A Day in the Life

Reporting to the Director FP&A, the Senior Financial Analyst will be responsible to 'Business Partner' closely and strategically with Quality leaders to provide financial insights and management decision-making support. The candidate will be required to have advanced Excel skills to be able to manipulate large amounts of data. He/she should be comfortable presenting financial topics to non-Finance business partners, energetic, results-oriented and be able to work under pressure to meet tight deadlines.

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


  • Influencing and leadership: develop and maintain strong relationships with key Quality Functional leaders and Finance partners across MDT. Actively participate in defining consistent processes for communication, forecasting and financial accuracy/accountability with these partners.
  • Financial Modeling and Forecasting: Partner with cross-functional teams to develop and maintain the accuracy of financial models for forecasting, AOP, and Strat Plan. This includes HC demand vs supply and developing multiple what-if project scenarios, with sensitivity tables and ranges.
  • Educating and Training: Focus on helping our partners develop effective financial business acumen and train them on applicable finance policies (example: Cost Center management and Capitalization)
  • Month-end activities: execute standard period and quarter-end financial close activities through analysis of actuals, review of headcount and establishing accruals. Drive monthly reviews of forecast to actual results and rolling forecast. Prepare results commentary.
  • Identify and drive process improvements

Must Have: Minimum Requirements
Bachelor's Degree with 4+ years of work experience in Finance and/or Accounting OR Advanced Degree with 2+ years of experience.

Nice to Have


  • Bachelor's degree/Masters degree in accounting/finance/business
  • Comfortable and articulate in presenting financial results to a large audience.
  • Excellent problem-solving skills and ability to handle ambiguity.
  • Resourceful and strong systems, data mining skills or have interest and capacity to learn new systems.
  • Strong interpersonal skills.
  • Business partnering
  • Strong influence management skills
  • Ability to effectively and efficiently utilize systems/data to produce insightful analysis and drive prudent recommendations.
  • Working knowledge of SAP.
  • Working knowledge of Hyperion/Essbase.

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.

Physical Job Requirements

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. (ADA-United States of America)

Additional Information


  • Posting Date: Nov 22, 2021
  • Travel: No





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