Finance Analyst

Finance Analyst

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

This role is part of the Global Supply Management (GSM) Finance team within Global Operations and Supply Chain (GOSC). The team partners closely with Supply Management leadership to provide financial analysis, reporting, and decision support across material, capital, and cost management activities. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4-5 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. Relocation assistance is NOT available for this role.

This role is part of the Global Supply Management (GSM) Finance team within Global Operations and Supply Chain (GOSC). The team partners closely with Supply Management leadership to provide financial analysis, reporting, and decision support across material, capital, and cost management activities.

Position Summary

The Finance Analyst supports the Supply Management organization, which manages over $12B in annual direct and indirect material spend. The role provides financial support to the Supply Management team, supporting month-end close, forecasting, capital processes, inflation analysis, and long-term buy (LTB) activities. This position delivers recurring financial analytics and ad-hoc decision support while developing a strong understanding of Medtronic's supply base and sourcing processes.

Key Responsibilities

• Providing ongoing financial support to GSM & GSM Finance team, communicating actual results, and delivering financial guidance to project managers and sourcing leaders
• Support capital processes, including preparation and submission of capital requests, financial analysis, and coordination with business partners
• Analyze, monitor, and report category-level inflation, including clear communication of trends, risks, and impacts to Finance and Supply Management leadership
• Provide analytical support for Long-Term Buy (LTB) activities, including tracking exposure, summarizing financial impacts, and communicating risks and opportunities
• Perform inflation and savings analysis leveraging Power BI dashboards to support forecasting, AOP, and decision-making
• Support month-end close activities, including preparation and analysis for Monthly Financial Review (MFR) and Monthly Operating Review (MOR)
• Support Annual Operating Plan (AOP) and forecast cycles through recurring analytics, reporting, and variance analysis
• Partner cross-functionally with Supply Management and Finance stakeholders in a matrixed organization

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or related field

Preferred Qualifications

• Internship, co-op, or rotation experience in Finance, Supply Chain, Operations, or Manufacturing Finance
• Strong financial, analytical, and problem-solving skills
• Proficiency in Microsoft Excel and experience working with large datasets
• Ability to clearly communicate financial information to non-finance stakeholders
• Strong organizational skills with the ability to manage recurring deliverables and ad-hoc requests
• Ability to work effectively in a fast-paced, cross-functional environment
• Experience with forecasting, budgeting, or capital processes
• Exposure to month-end close, P&L reporting, or cost analysis
• Experience using Power BI or financial reporting systems (e.g., SAP, Hyperion)
• Interest in Global Operations, Supply Chain, or Supply Management Finance

Development & Exposure

This role provides exposure to GOSC financial results, sourcing and inflation dynamics, capital investment decision-making, and cross-functional business partnering. The position builds foundational knowledge of Medtronic's financial planning, reporting, and governance processes while developing business acumen within a global, matrixed organization.

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A) is required.

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. 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.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Join us in our mission to alleviate pain, restore health, and extend lifewhere your unique background and perspective are valued.

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):$69,600.00 - $104,400.00This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

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 95,000+ 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.

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.

If you are applying to perform work for Medtronic, Inc. ("Medtronic") in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and