Careers that Change Lives: Provide accounting, finance and business partnering support for the Medtronic Energy & Component Center (MECC). This position reports directly to the MECC Finance Director and focuses on providing finance/accounting support and business partnering to the three Senior Directors that lead the MECC Development, Quality, and Research & Technology teams. This includes AOP/Forecasting, project accounting, summation and presentation of the monthly and quarterly financial results, support of key development project teams and specific business partnering with Site and Project Leaders. This position also plays a critical role in special projects throughout the year, including detailed financial analyses to drive business decisions. The Senior Financial Analyst is also responsible for partnering with Development and Operations to derive and forecast accurate product costing and the impact of capital investment on operations plant burden rates. The Senior Financial Analyst will learn all aspects of running a large manufacturing site. They will also have a chance to build presentation, business partnering, and project valuation skills. Interested applicants should have a drive for continuous improvement and passion to understand complex systems. A Day in the Life: Responsibilities may include the following and other duties may be assigned. * Performs and analyzes financial modeling, economic research, trends and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, and cost against budget, variance analysis, forecasting, financial planning and expense comparisons by analysis of profit and loss statements and/or income statements. * Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management. * Develops, maintains, and establishes operational specifications for financial information systems considering such things as information flow, volume, ad hoc reporting, and analysis. * May provide analysis on business development and may monitor business performance by unit, division or group. * Business Partnering - Main business partner to the Development, Quality and Technology Senior Directors and their managers, including oversight of the related infrastructure and project spending and close coordination with cost center managers as it relates to planning and forecasting spending. * Business Support - Support business through various financial analyses. Support includes tasks such as financial analysis to support operational goals (scrap reduction, direct labor productivity, cost down initiatives), NPV analysis on proposed capital purchases & projects, LBM analysis of planned next generation product, and other cross functional support. * Planning and Forecasting - Lead all quarterly forecasting and annual planning activities for MECC Development, Quality & Technology organizations. This includes work with: CRHF R&D, RTG Implantables R&D and the MECC Operations Teams. * Special Projects - Assist in the development and implementation of performance measures that focus on key business drivers (financial and non-financial) to support long term and strategic objectives. * Accounting Policy and Control - Maintain, develop and adhere to Medtronic, CRHF/RTG Implantables and MECC accounting policies and regulations. Coordinate the accuracy of data between multiple databases. Streamline systems and processes. * Reporting - Responsible for summarizing, reporting and analyzing actual monthly financial results for MECC Development, Quality & Technology (appx $60M in spending & 300 FTE). This includes ownership for accounting activities, summation and presentation of the monthly and quarterly financial results, and business partnering roles with MECC leadership. * Must Have: Minimum Requirements: EDUCATION REQUIRED: * BA/BS Degree in Accounting, Finance or Business YEARS OF EXPERIENCE: * 4 years of accounting or finance experience with a Bachelors Degree; or, 2 years with a Masters Degree Nice to Have: * MBA or CPA * Excel modeling proficiency/mastery * Experience with GFS, Hyperion Essbase, Hyperion Financial Management, SAP and/or JDEdwards * Solid foundation in accounting, financial, and business management fundamentals * Highly proficient in Excel, Word, Powerpoint and G/L applications * Proven ability to interface in team environment with various levels of management, staff, and other functional areas * High energy, results-orientated individual with good analytical and problem solving skills and good business sense * Progressive mind-set, innovative (always looking for improvement opportunities) * Flexible and able to adapt to shifting priorities and responsibilities in a dynamic and changing environment * Strong organizational and interpersonal skills with interests in building strong business partnering relationships * Strong verbal and written communication skills * Strong desire to learn new skills and grow in the role 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. * 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. ABOUT MEDTRONIC: Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology 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 can accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Lets work together to address universal healthcare needs and improve patients lives. Help us shape the future. EEO: 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. This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here: *************************************** The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position.
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Website : http://www.medtronic.com/
Medtronic, Inc. manufactures and sells device-based medical therapies worldwide. The company operates in two segments, Cardiac and Vascular Group, and Restorative Therapies Group. The Cardiac and Vascular Groups products include pacemakers; implantable defibrillators; leads and delivery systems; ablation products; electrophysiology catheters; products for the treatment of atrial fibrillation; information systems for the management of patients with cardiac rhythm disease management (CRDM) devices; coronary and peripheral stents and related delivery systems; therapies for uncontrolled hypertension; endovascular stent graft systems; heart valve replacement technologies; cardiac tissue ablation systems; and open heart and coronary bypass grafting surgical products. The Restorative Therapies Group offers products for various areas of the spine; bone graft substitutes; biologic products; trauma, implantable neurostimulation therapies, and drug delivery devices for the treatment of chronic pain, movement disorders, obsessive-compulsive disorder (OCD), overactive bladder, urinary retention, and fecal incontinence and gastroparesis; external insulin pumps; subcutaneous CGM systems; products to treat conditions of the ear, nose, and throat; and devices that incorporate advanced energy technology. It also manufactures and sells image-guided surgery and intra-operative imaging systems; and provides Web-based therapy management software solutions. The company serves hospitals, physicians, clinicians, and patients in approximately 140 countries. Medtronic, Inc. was founded in 1949 and is headquartered in Minneapolis, Minnesota.