Senior Financial Analyst
Medtronic
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 Senior Financial Analyst role within the US Enterprise Accounts and Strategic Channels Finance team will partner with the US Alternate Site Care (ASC) team to drive improved margins, sales, new channels, market share, and enhanced customer experience. This position will provide analytical and business decision support to the Sr. Finance Manager, Sales Vice President, and direct leadership teams of the ASC Sales organization. This position will drive reporting and deep dive analytics and provide key financial input on operating and strategic plans to generate forecasts, analyze sales trends, and execution of operating unit plans.
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.
Responsibilities may include the following and other duties may be assigned.
Performs and analyzes financial modeling, variance analysis, forecasting, financial planning, and expense analysis.
Business partner with ASC Sales leaders and select operating unit commercial finance partners.
Provide in depth revenue and sales performance analytics to assist leadership in growing the business.
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.
Assist in the AOP (Quota) process for the ASC sales organization.
Generate quarterly forecasts and manage the financials to ensure the achievement of key performance metrics.
Complete deep dive analysis and reporting required by business including Quarterly Business Reviews (QBR’s), Monthly Financial Reviews (MFRs) and various ad hoc analysis.
Identify risks, opportunities, and gaps to forecast and plan. Identify and recommend corrective action plans to mitigate key risks.
Review monthly, quarterly, and annual financial performance versus plan and forecast.
Partner and support the Sales Finance COE on expense reporting, forecasting, and planning at a cost center level.
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
Degree in Accounting/Finance
CPA, CMA, and/or MBA
Industry background in manufacturing, healthcare, technology, or consumer products
Familiarity with channel sales models, trade spend management, pricing strategy, and distribution chargeback processes
Experience in supporting commercial or customer-facing business units, ideally within healthcare, life sciences, or distribution
Strong understanding of sales channels, distributor economics, and revenue management
Demonstrated success supporting a field sales and/or channel sales organization
Exceptional analytical skills, with proficiency in financial modeling, and data visualization tools (e.g. Excel, Power BI, Tableau)
Strong business acumen, analytical thinking, and communication skills
Comfortable working in a fast paced, results driven environment
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.
The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
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 95,000+ 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.
If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.