Senior Financial Analyst - Supply Management

Profile

**Careers that Change Lives**
**Preference is for position to be onsite (currently working in hybrid model onsite 2-3 days week) but will consider US remote.**
This position reports to the Director of Global Operations Finance supporting Supply Management with a primary focus on analysis, planning, reporting, and financial support for the Technical Sourcing organization. This role will partner with Sourcing (Supply Management) Leaders and Finance teams across Operations Platforms, Project Management Offices (PMO), and Operating Units to support project reporting, drive standardization initiatives, and implement financial controls.
**Key activities include:**
Monthly/quarterly analysis of Project Reporting and Material Savings Initiatives
AOP/Forecast planning for Technical Sourcing; Business Partnering with Supply Management and Operations/OU Finance
Monthly/quarterly analysis and support of Supply Management Cost Centers
Capital and Project Planning
We seek out and hire a diverse workforce at every level: We need fresh ideas and inclusive insights to continue to be an innovative industry leader thats why we make it a point to seek out, attract and develop employees who are patient-centric, passionate, and who represent the same wide variety of life experiences as our patients.
**A Day in the Life**
Analyze and communicate period-end (monthly/quarterly) results:
Perform monthly analysis of Technical Sourcing metrics (e.g., spend, capital, material savings, labor reporting), and communicate results to senior and mid-level business partners in Ops Finance and Supply Management.
Manage financial updates for monthly Supply Management reporting packages, including Monthly Operating Results (MOR) presentations.
Provide detailed cost center support to Supply Management teams, including variance analysis, budgeting, and forecasting. Present results to senior cost center managers and Technical Sourcing leadership.
Perform month-end journal entries, project expense reconciliations, system updates, and quarterly updates of off-balance sheet arrangements.
Assist with annual planning and quarterly forecasting processes for Technical Sourcing cost centers:
Validate annual allocation models and communicate resulting variance and implications to Finance partners and Supply Management teams.
Model headcount, expenses, chargebacks, capital and development projects based on organizational strategies and priorities. Collaborate with functions to execute submissions to financial targets and deadlines.
Work with Supply Management and Ops Finance teams to identify and implement operational process improvements, including enhanced project reporting and budget oversight.
Analyze financial results of other Supply Management areas, identify implications, and provide recommendations to senior management.
Become a subject matter expert for supply management processes including project reporting, material programmatic savings, Capital Acquisition Request, ROI/NPV validations & prioritization recommendations, project support, and chargebacks.
Engage in continuous process improvement to standardize processes and drive efficiencies.
Be part of a dynamic team to implement change, improve visibility, and drive impactful results across the Supply Management organization.
**Must Have: Minimum Requirements**
4 years of work experience in finance and/or accounting with a Bachelors degree or 2 years experience with an advanced degree
**Nice to Have**
Exposure to Operations and/or accounting for Operations
Experience with GFS, Essbase, Spend, and SAP
Hyperion Essbase, Hyperion Financial Management, and/or other systems
Solid accounting (GAAP), financial and business management foundation
Experience in navigating and working within a matrix organization
Proficient in Microsoft Excel, Word, PowerPoint
Strong verbal and written communication skills
**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. Lets 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)
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.
Categories
Financial Services
Healthcare
Accounting
Management
Business
Previous Job:
Sr Product Engineer
Medtronic
Louisville, CO 80027 US
Next Job:
SI_Suture_Technical Sales Representative_
Medtronic
Unspecified
Posted:
2022-03-01
Expires:
2022-03-31
Medtronic

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