Senior Financial Analyst - Cardiac Diagnostics & Services
MedtronicAbout the role
Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.
A Day in the Life
Join the Electrophysiology Team (EPT) finance team supporting the Cardiac Diagnostics & Services (CDS) business.
The Senior Financial Analyst will support the CDS Research & Development and Clinical organizations by collaborating closely with key business leaders: VP of Research & Development, R&D Core Team Leaders, and the Sr Director of Clinical. In this role, you will work collaboratively to ensure sound financial projections and accounting of pipeline innovation and strategic initiatives and serve as a voice for the finance organization. The primary responsibilities of this position are to prepare and analyze financial models, project accounting, budget management (expense and capital), participation in cross-functional teams, and engagement in forecasting, Annual Operating Plan (AOP), and Strategic Plan.
At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.
A Day in the Life
Partner with the Core Team Leaders on all aspects of financial management & overall R&D portfolio management, including core team support & business case development/financial modeling, project prioritization, resource allocation, expense management, and capital planning.
Serve as the primary finance partner to the Clinical team, supporting cost center and project management, ad hoc financial analysis, and business case development.
Coordinate CDS R&D functional Financial Planning & Analysis (FP&A) activities, including preparing and presenting monthly/quarterly month-end close meetings.
Prepare analysis and presentations, including presenting in Core Team meetings, Product Review Committee (PRC), and leadership meetings such as Quarterly Business Reviews (QBRs).
Financial and analytical support of strategic planning to ensure pipeline objectives are reasonable and align with market expectations.
Develop and maintain various financial models and report on the impact of project timeline shifts.
Drive efficiency/improvement of related finance processes in support of the organization.
Perform additional financial analysis for special projects upon request.
Minimum Requirements:
Bachelor's degree plus 4+ years in Finance or Accounting.
Nice to Have
Bachelor's degree in Finance or Accounting
Exhibits a collaborative, motivated, and curious attitude and approach to duties.
Manages assigned projects with a cross-functional mindset and is driven to deliver outputs in a timely manner.
Works independently under limited supervision to determine and develop approach to solutions.
Contributes to the completion of work group objectives via building relationships and consensus to reach agreements.
Critical thinking to drive efficiencies and enhance performance, in-depth analysis, and recommendations.
Communicates confidently and effectively within a matrixed organizational structure.
Strong Accounting background (US GAAP) and understanding of capital policies.
Practical knowledge of project management/accounting.
For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.
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
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