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 in OHQ, Fridley MN 3 days/week.

Become part of the Global Functions FP&A team to support the Global HR function. Manage a $200M+ expense budget– from cost center management to preparing Annual Operating Plan and the long-range strategic plan, your FP&A skills will be fully utilized and developed.

This position will be partner with the HR leadership team and Global Functions Finance team to ensure the HR business and financial goals are met.

This role will support all aspects of financial management, including expense analysis, month-end/quarter-end close, reporting & presenting results, Annual Operating Plan (AOP), capital expenditure requests, forecasting and the annual strategic plan.

The Principal Analyst for HR stands as the primary point of contact for complex areas of the HR Corporate function, exercising considerable latitude in determining deliverables of assignments, with limited oversight from manager. They contribute to defining the direction for the HR function, with a significant impact on function results. They Identify problems, then develop and implement solutions. They take on additional projects, collaborate with the broader Global Functions team, and coach and train less experienced staff as needed. This person has a broad knowledge of financial concepts in general and those specific to Medtronic and manages their work independently.

We believe that when people from diverse 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.

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

·         Ownership of financial modeling, forecasting, AOP, scenario planning, and business partnering ensuring that deadlines and targets are met.

·         Manage financial fiduciary responsibilities, including:

•  Month end-close – process monthly journal entries, account reconciliations.

• Assist cost center managers with both standard and ad hoc reporting needs.

• Project set-up and maintenance – own and manage project structure.

• Capital requests – Capital Asset Request tracking and review, Construction in Process tracking and review.

•  Non-GAAP – tracking and controlling non-GAAP spend if applicable.

• AOP:  Global planning system data load and reconciliation to target, scenario planning, provide insight into year/year changes in the organization (+/-) to help leadership invest.

·         Prepare, deliver, and present monthly financial results for Global Functions and HR Management on a timely basis. Ensure the accuracy of the data.

Develop ad hoc reports to support analyses. Work on special requests, projects, and financial presentations for management as required.

·         Maintain, troubleshoot, and potentially develop new finance processes and reports.

·         Familiar with and adherence to, Medtronic’s Accounting Policies

Must Have: Minimum Requirements

·         Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)

Nice to Have:

·         Bachelor’s degree in accounting, finance, or MBA

·         Proficient in Microsoft Excel, Word, PowerPoint

·         Experience with GFS, Essbase, and/or SAP

·         Accounting experience and knowledge of GAAP 

·         Strong analytical and critical thinking skills including the ability to identify key trends and drivers and the proven experience translating financial data into meaningful, concise information

·         Experience operating in a matrixed environment and interacting across levels and organizations

·         Ability to develop solutions and/or innovative ideas to problems and ensure that solutions are consistent with the organization’s objectives

·         Ability to interface in a global team environment with various levels of management, staff, and other functional areas

·         Strong organizational and people skills with interests in building strong business partnering relationships

·         Strong verbal and written communication skills

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):$103,200.00 - $154,800.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)

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 (http://www.medtronic.com) .

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.

At Medtronic, most positions are posted on our career site for 3-7 days.

Welcome to our new Careers Site!

If you applied before July 22nd, please check your email for a notification from us providing you with instructions and a link to set up your new account and retain access to your current activity. If you do not see an email from us, please feel free to proceed with creating a new account.

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.

We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.

We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.

This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…

• Build a better future, amplifying your impact on the causes that matter to you and the world

• Grow a career reflective of your passion and abilities

• Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning

These commitments set our team apart from the rest:

Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.

Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.

Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.

Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care

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.

For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.

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 (https://www.e-verify.gov/employees) .

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