Principal Financial Analyst

Job Description

Industry: Medical Equipment Manufacturing, Hospitals and Health Care, and Pharmaceutical Manufacturing
Seniority for this role: Mid-Senior level
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 The primary responsibility of this position is to perform and analyze 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. This position will work directly with the Senior. Finance Director and Global business partners, and corporate teams to complete month-end financial activities, financial planning initiatives and other important business analytics. Responsibilities may include the following and other duties may be assigned: Manage fiduciary responsibilities for the GST business including month-end close, forecasting, journal entries, ensuring adherence in all respects to the Finance Manual. Proactively manage cost saving initiatives for the GST team and manage communication with leaders to understand trend and results. Coordinate/prepare monthly/quarterly reports for the GST leadership teams and provide deviations form trends and forecasts. Coordinate/Prepare the NPS Sales forecast and AOP across all GST, closely cooperate with R&D and GST/Surgical Finance teams. Implement enhancements to the Global Sales/Margin forecast process. Support the Hernia business in new products launches (Enrich model) and growth initiatives Consolidate business partner’s inputs for Monthly and Quarterly financial reviews (MFR, QFR) Work on ad-hoc data consolidation and financial models for GST. Ensure Corporate submissions for all processes are conducted in a timely manner. Be the subject matter expert for all CMR, GPS and SPEND tool reporting and Enrich system Required Knowledge and Experience: Advanced analytical and problem-solving skills, including both the ability to identify key trends and drivers and the proven experience translating financial data into meaningful, concise information. Requires a Baccalaureate degree and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience. Advanced skills using Excel, PowerPoint, Word and other MS Office applications. Experience with Hyperion and SAP strongly preferred. Strong results orientation and bias for action, including a high degree of initiative and self-motivation in understanding business needs. University Degree, (Preferably a Bachelor’s Degree in Finance or Accounting) 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. 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. 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 Show more Show less