Principal Financial Analyst

Principal Financial Analyst
Company:

Medtronic


Details of the offer

CAREERS THAT CHANGE LIVESMedtronic's Supply Chain is at the heart of the company, focused on ensuring the right product is in the right place at the right time to meet our customer's and patient's needs.  The Supply Chain Function is responsible for balancing supply and demand across the organization; ensuring we have the optimized amount of inventory to meet worldwide demand for Medtronic's vast array of businesses and products.This position reports to the Supply Chain FP&A Sr. Manager and will partner with multiple stakeholders to provide timely analysis, insightful guidance, and financial leadership to the Supply Chain teams. This role requires extensive cross-functional partnership with various supply chain, finance, and regional teams to implement best practices, build capabilities and drive improvement across the supply chain Functional Expense cycle, including expense, headcount, and project management/forecasting/reporting.This position will also provide financial business partnering support for Supply Chain leadership and be responsible for developing processes, financial models and frameworks that enable better business decisions impacting supply chain metrics and support continuous improvement. Position will sit in Minneapolis, MN.A DAY IN THE LIFEThe focus of the Global Supply Chain FP&A team is on processes surrounding expense, headcount, and project management, systems, forecasting, analysis, and reporting.  Our responsibilities are to drive standardization and simplification across global Supply Chain; produce and consolidate the numbers; and simplify processes to ensure efficiency and sustainability.   This role will provide financial visibility to leadership to influence decision making and drive business results. In addition, this finance position will be responsible for analysis essential for supporting strategic initiatives and achieving key Supply Chain metrics.  Perform financial planning and analysis (FP&A) activities to support quarterly forecasts and annual planning (AOP) for Overhead Functional expense/capex and Project Cost CentersOwn the headquarters Global Supply Chain cost centers process.  Complete monthly/quarterly/annual financial reporting, analyzing results, identifying issues, and explaining trends and variances to plan and forecast; providing insights to business partners and other stakeholders that helps draw connections between accounts to drive action and business results. Proactively identify areas of risks and opportunities.Business partner by working closely with leaders to forecast, analyze, communicate, and understand business drivers/results. Support various strategic Supply Chain initiatives through financial modeling, adhoc analysis, reporting, and project management efforts to influence decision making and drive business results. Consult with various cross-functional team members and be a thought partner on complex business issues and analytical opportunities across Supply Chain / GO&SC FP&APartnering with the Data Analytics and Insights team on Cost Center Reporting development and/or optimization. Including roll out of dashboard training to GSC and  being expert/though leader on dashboards.Own and coordinate execution of annual GSC's EBIT Neutral process in conjunction with Corporate guidance during Annual Operating PlanBring a mindset of continuous improvement to all aspects of the job, including recurring processes and stand-alone projects.MUST HAVE: Minimum RequirementsBachelors degree requiredMinimum of 7 years of finance experience, or advanced degree with a minimum of 5 years finance experienceNICE TO HAVEStrong leadership, business partnering and influencing skills; has strong ability to partner with senior leadership and others and builds relationship networks at all levelsProven track record of taking ownership and driving resultsAbility to balance detail and big pictureDrive for continuous improvement including the ability to innovate and simplify both finance and operational processesAbility to think big (strategically) and dive deep (tactically)Ability to work effectively in a team environmentExperience with Medtronic financial systems:SAP, Global Planning System (GPS)/Cost Center Planning Tool (CCP), and Essbase/HyperionDemonstrated ability to build and manage financial models for business forecasting, variance analysis, trend/driver analysis, and problem solvingDesire to learn and to develop for future opportunities and job growthAbility to travel less than 10%ABOUT MEDTRONICTogether, 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 RequirementsThe 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)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. Learn more about our benefits here.This position is eligible for a short-term incentive plan. Learn more about Medtronic Incentive Plan (MIP) here. 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).


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Job Function:

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Principal Financial Analyst
Company:

Medtronic


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