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Financial Consultant - Business Development

Medtronic


Location:
Fridley, MN 55432
Date:
08-01-2021
2021-01-082021-02-15
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Job Details

Financial Consultant - Business Development

Location:

Fridley, Minnesota, United States

Requisition #:

2100008V

Post Date:

Jan 06, 2021


**Careers that Change Lives**


**This position is a remote-based position on interim basis due to Covid19 Pandemic. Upon approval of Return to Office site guidelines, this role will require the individual to work onsite.**


This position will report to the Business Development Director in Global Finance. The primary purpose of this position is to provide finance and business partner support for all strategic transactions, including: mergers and acquisitions, structured acquisitions, equity and debt investments, joint ventures, collaboration and development agreements, licenses agreements, and divestitures.


**A Day in the Life**

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


+ A finance liaison and business partner that answers questions, provides input, insight and influence into proposed strategic transactions. Establish and maintain collaborative and effective working relationships with business partners, including: Corporate Development, Business Development, Operating Unit Finance, MA Legal, and MA Tax.

+ Provide finance support for all aspects of the MA continuum, including:

+ Financial due diligence

+ Technical accounting interpretation and application

+ Valuation of intangible assets, IPRD, goodwill, earnouts, etc.

+ Purchase accounting for acquisitions

+ Corporate journal entries and push-down entry oversight

+ Certain post-acquisition accounting and integration for acquired companies / assets

+ Divestiture / carve-out team support

+ Conduct review of deal models to validate assumptions used in cash flow forecasts and stress test assertions. Prepare and present findings to the deal team for use at Business Development and Strategy (BDS) meetings.

+ Responsible for reconciliations and impairment reviews related to accounting for the minority investment portfolio, which includes equity and debt investments in public and private entities.

+ Actively participate in determining the appropriate application of generally accepted accounting principles (GAAP) for various transactions related to business combinations, license deals, equity method accounting, FIN 46 / ASC 810 and other related areas of accounting.

+ Maintain a high level of understanding of current and proposed accounting and reporting requirements specific to business development activities, and valuation best-practices through self-study, external sources and personal contacts/networks.

+ Proactively inform business partners of new accounting developments and potential issues.


**Must Have: Minimum Requirements**


Bachelors Degree with 10+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 8+ years)


**Nice to Have**


+ CPA

+ MBA or other masters degree

+ Sound understanding of generally accepted accounting principles (GAAP), including accounting for business development activities with the strong desire to research relevant GAAP and SEC literature

+ Must have a high degree of initiative and self-motivation

+ Strong analytical skills and exceptional attention to detail

+ Strong organization and prioritization skills with the ability to multi-task and manage several projects simultaneously

+ Strong oral and written communication skills including the ability to interact with and influence all levels of management and executive management

+ Experience in a large, global, matrix-managed company

+ Proficiency with Microsoft Office Applications (Excel, PowerPoint, Teams) and with financial applications (SAP, Hyperion Essbase).


**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.
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