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Medtronic Principal Financial Analyst in Memphis, Tennessee

Careers that Change Lives

Principal Financial Analyst – Global Supply Chain Finance, Deliver Finance

A career at Medtronic is like no other. We’re purposeful. We’re committed. And we’re driven by our Mission to alleviate pain, restore health and extend life for millions of people worldwide. We value what makes you unique. Be a part of a company that thinks differently to solve problems, make progress, and deliver meaningful innovations.

Join a diverse team of innovators who bring their worldview, their unique backgrounds, and their individual life experiences to work every day. It’s no accident — we work hard to cultivate a workforce that reflects our patients and partners. We believe it’s the only way to drive healthcare forward and remain a global leader in medical technology and solutions.

Medtronic’s Supply Chain is at the heart of the company, focused on ensuring the right product is in the right place at the right time to meet our customer’s and patient’s needs. This individual will collaborate with multiple stakeholders to provide timely analysis, insightful guidance, and financial leadership to the Distribution Centers in the United States and Deliver project management office. This role requires extensive cross-functional partnership with various operations, supply chain, transportation, distribution center and finance teams to identify best practices and build capabilities to lead cost improvement efforts through better data driven decisions.

This position plays a pivotal role supporting our financial operations and strategies of our distribution centers. The primary focus will be to optimize financial performance, drive cost-efficiency, and provide day-to-day financial support. This position reports to the US Distribution Center Senior Finance Manager.

Be part of a dynamic team to implement change, improve visibility, and drive impactful results across the supply chain transportation group.

A DAY IN THE LIFE

The key responsibilities of this role include collaborating with Supply Chain Distribution Center Leadership across United States, and other stakeholders to understand financial drivers and provide financial visibility to leadership to influence decision making and drive business results of the transportation. In addition, this finance position will be responsible for analytical modeling essential for supporting strategic initiatives and achieving key Supply Chain metrics.

Day-to-Day Financial Support:

  • Provide comprehensive financial support to the day-to-day operations of our Distribution Centers, including but not limited to budgeting, forecasting, variance analysis, and financial reporting.

  • Collaborate closely with operational leaders to understand their financial needs and challenges and develop solutions to address them effectively.

  • Participates in monthly close activities, including journal entries and account reconciliations, to ensure integrity of financial results and appropriate management visibility.

Financial Analysis and Reporting:

  • Conduct thorough financial analysis to identify key trends, risks, and opportunities within the Distribution Centers, and present findings to senior management.

  • Prepare regular financial reports and dashboards to track performance metrics, monitor KPIs, and support decision-making processes.

Business Partnering:

  • Serve as a trusted business partner to operational leaders, providing financial insights, guidance, and recommendations to drive operational efficiency and profitability.

  • Drives strategic Supply Chain initiatives through financial modeling, ad-hoc analysis, and reporting.

  • Actively participate in cross-functional teams and initiatives to support strategic business objectives and drive continuous improvement initiatives.

  • Ensure compliance with internal financial policies, procedures, and controls, and assist in the implementation of best practices to enhance financial governance.

  • Work across matrix to understand drivers of results and communicate to Senior Management.

Budgeting and Forecasting:

  • Lead the annual budgeting process for the Distribution Centers, working closely with operational teams to develop accurate and achievable financial plans.

  • Provide ongoing support for forecasting activities, ensuring alignment with business goals and objectives, and incorporating any changes in market conditions or business dynamics.

Must Have: Minimum Requirements

  • Bachelors degree required

  • Minimum of 7 years of finance and/or accounting experience, or advanced degree with a minimum of 5 years experience

Nice to Have

  • BA/BS in Accounting, Business or Finance

  • MBA, CMA or CPA, or other financial certifications

  • Exceptional leadership and business partnering skills

  • Experience with SAP and Hyperion; proficient in Excel

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

  • Solid accounting foundation with demonstrated financial modeling experience

  • Ability to mine large amounts of data for insights and analytical recommendations

  • Experience leading process improvement projects (Green Belt+)

  • Strong communication, collaboration, presentation and interpersonal skills

  • Demonstrated ability to work effectively in a team environment

  • Demonstrated ability to take ownership of projects and ability to work with various levels of management

  • High integrity and self confidence

  • Strong organization skills and ability to manage multiple priorities

  • High degree of initiative and self-motivation; drive for continuous improvement

  • Desire to learn and to develop for future opportunities and job growth

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 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, recruiter or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)

Travel: Approximately 10% or less

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. Learn more about our benefits here (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic) .

This position is eligible for a short-term incentive plan. Learn more about Medtronic Incentive Plan (MIP) here .

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).

Min Salary

102000

Max Salary

153000

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.

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