Principal Financial Analyst - Gastrointestinal

Profile

**Careers that Change Lives**
The Integrated Business Planning (IBP) and Operating Unit Operations (OU Ops) Financial Planning & Analysis (FP&A) Analyst will include activities that are value capture & value creation focused and forward looking, such as providing the insight necessary to identify and implement actions across the value chain. This role will lead the IBP finance team efforts and be an active participant in all step meetings, linking financial & operating metrics to P&L performance, and ensuring operational plans are aligned through the IBP cycle. This position will also partner with OU Ops leader and support cost center management, reporting and participate in investment decision making process.
The position will collaborate cross-functionally to produce accurate and timely information to enhance forecast accuracy and make better planning decisions. The IBP finance role will be expected to interact with candor and challenge others positions to stimulate thought and make sure the best decision is made.
We believe that when people from different cultures, genders, and points of view come together, innovation is the result and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive.
**A Day in the Life**
Responsibilities may include the following and other duties may be assigned.
Lead the monthly financial process as it relates to IBP and OU Ops business partnership, attending all step meetings, and coordinating finance efforts to ensure data driven forecasts that align financial and operational targets. Ensure the quantification of all identified risks and opportunities, including modeling scenarios for integrated reconciliation, ultimately leading to a recommendation in the MBR that will optimize business financials (P&L, balance sheet, and cash flow.)
In partnership with the IBP BU Lead, act as a strategic thought partner - understand, translate, and provide insight into business performance, including competitor and industry trends.
Serve as an integral link between the supply chain and commercial channels (supply and demand). Effectively differentiate between controllable and uncontrollable (macro-economic) factors impacting the business, proactively working with both supply chain and market leadership to develop actionable plans to navigate those factors.
Actively champion the IBP process, providing financial leadership as the link between supply and demand, with the goal to ultimately drive actions that provide the highest financial return. Work collaboratively with commercial teams in the supply chain to align on planned volumes, related revenue/cogs tradeoffs and their financial impact to the business.
Understand business IBP performance metrics, and gather requisite info to track. Understand how the business benchmarks itself on critical KPIs, internally and externally and proactively collaborate with key stakeholders to address performance.
Communicate effectively, delivering clear presentations including defending positions on controversial topics, effectively influencing up, down and across the organization in a quest to continuously seek win-win solutions.
Partner closely with cross business/functional managers to play an active role in enhancing connectivity and communication.
Able to drive the right behaviors, results and agenda needed for the business. Has a point of view and communicates it effectively thus influencing colleagues by supporting them, challenging them and providing a unique perspective to deliver value.
Partner closely with and leverage the broader Finance team for key information, including historical reporting and data collection. May include activities related to cost accounting, margin reporting, analysis of data and management reports, management report generation, etc.
Provide various other analytical support for the Operating Unit FP&A activity and business partner with overall Portfolio FP&A lead and IBP PMO.
Active participation in various business finance initiatives and other duties as assigned.
Provide recommendations and influence the future direction and evolution of Finance tools and process optimization opportunities with IBP
Support OU Ops leader for cost center management. Monthly report on actuals vs AOP and Forecast. Identify opportunities to gain efficiencies in partnership with OU Ops team.
**Must Have: Minimum Requirements**
Bachelors Degree with 7 years of experience in Accounting, Finance (5 years with an advanced degree)
**Nice to Have**
Demonstrates strong business acumen with understanding of key drivers of success.
Solid grounding in financial metrics, balance sheet, income statement, and cash flow analysis.
Demonstrated success in business partnering initiatives across commercial, functional teams and cross functional teams.
Ability to communicate and influence at all levels of the organization and build trust across multiple stakeholder groups.
Design, develop and implement value-added business analytics and metrics.
Financial planning and budgeting.
Proven high-execution capacity.
Tenacious, hands-on mentality, capable of executing under pressure.
Analytical proficiency to derive insights from large and complex sets of business data.
MS Office (Excel, Power Point and Word) proficiency.
Manage time effectively, prioritizing tasks and able to work to deadlines.
Demonstrated ability to influence at all levels of the organization and build trust across multiple stakeholder groups.
Strong problem solving and analytical skills.
Strong leadership, team building, and interpersonal skills.
Preferred Qualifications
Ability to integrate and interpret disparate sources of data using broad range of analytical data tools. Incorporates use of statistical methodology and predictive modeling techniques.
Experience with organizational effectiveness tools such as continuous improvement, high performance teams, long terms sales and operations planning.
Proven ability to lead change
MBA or CMA or CPA certification
Continuous improvement and lean manufacturing
Experience in business expansion, divestiture, or acquisitions
Demonstrated leadership
**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
Accounting
Healthcare
Business
Sales / Business Development
Manufacturing / Production
Posted:
2022-03-01
Expires:
2022-03-31
Medtronic

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