Senior Financial Analyst - Global Supply Chain at Medtronic in Minneapolis, Minnesota

Job Description:

We anticipate the application window for this opening will close on - 6 Dec 2024

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
Team is working hybrid and position will be onsite 2-3 days/week in Fridley, MN.

Act boldly. Compete to win. Move with speed and decisiveness. Foster belonging. Deliver results...the right way. That's the Medtronic Mindset - our cultural norms. Our brand is rooted in action, not just words. The Medtronic Mindset defines the expectations of our culture. Every person here plays a role in bringing it to life. We recognize your extraordinary potential to ensure future generations live better, healthier lives.

Medtronic's Supply Chain is central to the company, ensuring that the right product is available at the right place and time to meet the needs of our customers and patients. The Global Supply Chain (GSC) Function is tasked with balancing supply and demand across the organization and optimizing inventory levels to meet worldwide demand for Medtronic's diverse range of businesses and products.

This position is within the GSC - Finance Inventory Planning team. Our key responsibilities include driving standardization and simplification across the business, producing and consolidating financial figures, and leading inventory and SOGL business partnering at the OU, regional, and global Medtronic levels.

In this role, you will work closely with the Supply Chain Planning Team, GSC FP&A, and OU/Region Finance. Your responsibilities will include supporting financial planning, analysis/modeling, and reporting. Additionally, you will be responsible for educating stakeholders on the financial drivers of inventory and scrap, providing financial visibility to influence decision-making, and driving business results. You will report to a GSC Finance Senior Manager.

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

• Perform financial planning and analysis (FP&A) activities to support quarterly forecasts and annual planning (AOP) for Inventory.


• Complete monthly 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 demand / supply planning, inventory, reserves and SOGL to drive action and business results.


• Actively engages with business partners to understand financial drivers and achieve key Supply Chain metrics.


• Provide Operating Unit support for DC, Field, and Mfg Site inventory reporting and forecasting.


• Support various strategic Supply Chain initiatives through financial modeling, adhoc analysis, reporting, and project management efforts to influence decision making and drive business results.


• Partnering with the Analytics and Insights team on inventory and SOGL dashboard development and/or optimization.


• Bring a mindset of continuous improvement to all aspects of the job, including recurring processes and stand-alone projects.

Must Have: Minimum Requirements

• Bachelors degree in accounting, finance, or related field.


• Minimum of 4 years of relevant experience, or advanced degree with a minimum of 2 years relevant experience.


• Strong qualitative and quantitative analysis, critical thinking, and problem-solving skills

Nice to Have

• Experience in public accounting, preferably with a Big 4 firm, or equivalent experience in accounting principles, risk, and controls.


• Proficiency with financial systems such as SAP, Essbase/Hyperion, and/or OneStream.


• Skilled in Microsoft tools, including Excel, PowerPoint, Word, and Power BI.


• Experience in operations and/or manufacturing sites


• Capability to effectively and efficiently utilize systems and data to provide insightful analysis and implement recommendations.


• Ability to thrive in a fast-paced environment, managing multiple and conflicting deadlines and priorities.


• High level of initiative and self-motivation.


• Ability to work independently with minimal manager oversight.


• Excellent written and oral communication and presentation skills, including translating financial data into concise information for management.


• Ability to work effectively in a team environment and build strong working relationships.


• Drive for continuous improvement including the ability to innovate and simplify both finance and operational processes


• Ability to think big (strategically) and dive deep (tactically)


• Demonstrated ability to build and manage financial models for business forecasting, variance analysis, and problem solving

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.

Salary ranges for U.S (excl. PR) locations (USD):$83,200.00 - $124,800.00

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).

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 90,000+ 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.