Medtronic Minimed Inc.

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Finance Analyst

at Medtronic Minimed Inc.

Posted: 6/27/2018
Job Reference #: 18000C7L

Job Description



Careers that Change Lives

This position reports to the RTG Supply Chain Finance Manager and is responsible for developing processes, financial models and frameworks that enable better business decisions. 

This role is responsible for reporting and analysis related to SOGL and Supply Chain operations cost centers. Includes monthly performance tracking against established metrics / targets and reporting of financial results to key stakeholders and business partners. This position also provides financial business partnering support to various Operations teams and Business Units across RTG, supports Operations strategic initiatives, and various continuous improvement activities.



A Day in the Life          



  • Responsible for monthly close process and reporting for assigned area; includes preparation of month-end close journal entries and account reconciliations, analyzing results, identifying issues, and explaining trends and variances to plan and forecast

  • Provides AOP and forecast support to BU / management reporting and analysis related to SOGL on a monthly, quarterly and annual basis.

  • Validate and load data into Medtronic financial systems as part of month end, forecasting, and AOP processes.

  • Performs excess / obsolete inventory reserve assessments and proactively identify areas of risks and opportunities

  • Responsible for maintaining the integrity of assigned balance sheet accounts to ensure compliance with internal Medtronic policies and GAAP

  • Performs ad hoc projects, analyses, reporting, and tasks as required.

  • Responsible for providing Annual Operating Plan (AOP) / financial support to assigned cost centers in a timely manner 
  • Provide monthly financial reporting and analysis to cost center / department managers to help them understand key drivers of variances and resolve planning / forecast issues or opportunities as they arise
  • Provide management reporting to track overall project spending and provide performance metrics across ongoing improvement initiatives
  • Responsible for ensuring cost center compliance with internal corporate accounting policies (GAAP) and key business practices








Must Have


Bachelor's Degree in Accounting or Finance


4 years of Finance or Accounting experience w4ith a Bachelor's Degree or 2 years of Finance or Accounting experience with a Master's Degree 


Nice to Have

  • Medtronic business unit experience
  • Experience with GFSII, Essbase, Spend, and SAP
  • Ability to work well under pressure and maintain positive, enthusiastic attitude

  • Eagerness to learn and expand responsibilities

  • Strong quantitative analysis and problem solving skills

  • Solid accounting (GAAP), financial and business management foundation

  • Proficient in Microsoft Office package (Excel - including use of macros and lookup tables, Word, PowerPoint)

  • Strong communication, presentation and interpersonal skills

  • Demonstrated ability to work effectively in a team environment

  • Strong organizational skills

  • High degree of initiative and self-motivation  

  • Ability to interface in a team environment with various levels of management

  • Ability to work in a fast-paced environment

  • High integrity and self-confidence

  • SAP/BW experience


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 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 Day in the Life 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.