Sr. Financial Analyst - MiniMed Consolidations
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 – MiniMed Corporate Consolidations supports the corporate financial consolidation process for the MiniMed business, with a primary focus on data completeness, accuracy, and integrity across financial systems and reporting environments. This role plays a critical role in ensuring that financial data flowing from source systems into consolidation and reporting platforms is complete, accurate, and properly aligned to support consolidated financial close and reporting under US GAAP. The position is integral to Day-1 readiness and post-Day-1 stabilization as MiniMed operates as a standalone entity.This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.
As a Senior Financial Analyst, you will be a key contributor within the Corporate Consolidations team, supporting the consolidated close and reporting process through detailed analysis, validation, and reconciliation of financial data across systems. You will partner closely with entity-level controllership teams, IT, and consolidation stakeholders to ensure reliable data flows, resolve discrepancies, and support accurate consolidated financial reporting during and after the separation.
Responsibilities may include the following, and other duties may be assigned:
Support the consolidated month-end, quarter-end, and year-end close process by validating the completeness and accuracy of financial data flowing into consolidation systems.
Perform detailed analysis and reconciliation of financial data between source systems (e.g., ERP) and consolidation and reporting platforms (e.g., OneStream).
Identify, investigate, and resolve data discrepancies, mapping issues, and data quality gaps impacting consolidated financial results.
Partner with Corporate Consolidations to support eliminations, intercompany alignment, and consolidation journal entries.
Support the design, documentation, and execution of data validation and reconciliation controls to ensure reliable and repeatable consolidation processes.
Collaborate with entity-level controllership teams to understand upstream accounting processes and resolve data issues at the source.
Partner with IT and systems teams to support system integrations, data interfaces, and changes impacting financial data flows.
Support internal and external audit requests related to consolidation processes, data integrity, and system controls.
Assist with testing, validation, and stabilization activities related to system changes, enhancements, or implementations impacting consolidation and reporting.
Contribute to continuous improvement initiatives focused on data quality, automation, standardization, and close efficiency within the consolidation process.
Support separation-related activities, including Day-1 readiness and post-Day-1 stabilization for Corporate Consolidations and Record-to-Report.
Must Have: Minimum Requirements
To be considered for this role, please ensure the minimum requirements are evident in your applicant profile.
Bachelor’s degree and 4+ years of experience as a financial analyst, accountant, or in a related controllership or reporting role
OR
An advanced degree and 2+ years of experience as a financial analyst, accountant, or in a related controllership or reporting role
Nice to Have
Experience supporting corporate consolidations or enterprise financial reporting in a multi-entity environment.
Working knowledge of US GAAP.
Strong analytical skills with a high attention to detail and data accuracy.
Experience reconciling financial data across systems and identifying root causes of discrepancies.
Exposure to financial systems and consolidation tools (SAP, OneStream, or similar).
Ability to work effectively across finance and IT stakeholders in evolving environments.
Experience supporting separation, transformation, or system implementation initiatives.
Big 4 accounting experience.
CPA or MBA preferred.
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.
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).
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.