Careers that Change Lives

Medtronic

At Medtronic, we value what makes you unique. Be part of the new structure, a company that thinks differently to solve problems, make progress, and deliver meaningful innovations.

Our Purpose

If you are looking for a career development, expand your analytical skills, add value to a business through your contribution, then join our GC COE Team, as a Senior Financial Analyst.

This position is critical to support Manufacturing sites with the Other Product Cost Incurred Manufacturing V ariances, Standard Cost Activities , Month End Journal entries and OPC variance explanations. The position is based in Puerto Rico . Th e role will partner with Global Operations Finance Business Partners, our Global Manufacturing GC COE teams, Controllership and FP&A Teams. The role will support ensuring GC COE processes, timelines, reporting, and analysis deliver on our business objectives .

The Senior Financial Analyst is responsible for supporting the GC COE processes focus on Incurred Manufacturing Variance mainly associated with Material Variances , USCV , etc . Support the LBM Standard Cost Process. Responsible to deliver OPC actual results reports, compare different scenarios and provide monthly explanations. Monitoring and control spending , identify drivers and provide reduction plan . The role supports East manufacturing region. This is a permanent full time hybrid position.

This role is critical to deliver on the financial commitments, and continuously drive improvements, standardization, and efficiencies within our GC COE processes. The successful candidate will partner within GOSC to report, analyze, and articulate our GC COE financial performance.

A Day in the Life

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

• 
  
  
  
  • Maintain deep understanding of Incurred Manufacturing Variances and how operational performance is translated to financial results.
  • Collaborate with Controllership, Manufacturing Site Operations and Finance partners, Global FP&A and Global SC to develop processes, analysis and presentation content that transforms data into insights to influence our financial performance.
  • Identify Risk and Opportunities and find mitigation plan.
  • Monitoring spending and providing status weekly.
  • Performs and analyzes financial trends, variance analysis , expense comparisons by analysis of profit and loss statements and/or income statements.
  • Prepares reports of findings and recommendations, compile and consolidate financial plans and provides insights to management.
  • Develops, maintains , and establishes operational specifications for financial information systems considering such things as information flow, ad hoc reporting, and analysis.
  
  
  
  
  
  
  • Analyze or prepare reconciliations as required .
  • Other tasks under the position range as required for the organization.
  
  

Must Have: Minimum Requirements

• Bachelors degree required in Finance /Accounting
• Minimum of 4 years of relevant experience, or advanced degree with a minimum of 2 years relevant experience

• Experience in supporting manufacturing and knowledge of cost accounting general accepting principles.
• Global ex perience, working in large, complex, matrix organization s.
• SAP knowledge
• Advance level in Excel desirable
• Hyperion , and Essbase desirable
• Power BI desirable
• Ability to work independently and take initiative .
• Comfortable and articulate in presenting financial results to a large audience.
• Demonstrate continuous learning and increases in job responsibilities .
• Excellent problem - solving skills.
• Strong Analytical Skills.
• Ability to effectively and efficiently utilize systems /data to produce insightful analysis and drive prudent recommendations.

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)