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Senior Financial Analyst - Robotics


North Haven, CT 06473
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Job Details

Senior Financial Analyst - Robotics


Boulder, Colorado, United States

Requisition #:


Post Date:

Nov 20, 2020

**Careers that Change Lives**

Be a part of a company that thinks differently to solve problems, make progress, and deliver meaningful innovations.If you are looking to expand your business partnering skills and to collaborate on strategic initiatives, then come join our Operations Finance team!

Located in Boulder, CO or North Haven, CT, this role will report to the Director, Finance for Contract Manufacturing and will provide support to Operations leaders within Medtronics Robotics Assisted Surgery platform. The role will provide timely and accurate analysis on performance versus budget/forecast on capital, inventory, expense, and spending with various suppliers. The analyst will collaborate with cross-functional teams and play a key role in analyzing product cost and to drive savings opportunities.

Robotic-assisted surgery (RAS) has been identified as an emerging medical technology with the potential to help standardize surgical procedures and enable minimally invasive surgery (MIS).

Our goal is to use innovation to help standardize procedures and improve patient outcomes, says Megan Rosengarten, President, Surgical Robotics for the Medtronic Minimally Invasive Therapies Group. Its not about adding technology because we can, its about using technology to create better clinical and economic options for hospitals, surgeons, and patients.

**A Day in the Life**

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

Assist in preparing and issuing a consolidation of monthly performance metrics on supplier spending, project savings, capital, and inventory.

Assist in quarterly forecast, annual budgeting processes, and long-term planning (Strategic Planning).

Assist in analyzing various product cost drivers (labor, overhead, materials, volume) to support savings initiatives and to ensure commitments are meeting timelines and objectives.

Consult with cross-functional teams to formulate analytics used in vendor selection, make/buy decisions, etc.

Collaborate with others to evaluate and prioritize capital investments.

Review, analyze and reconcile inventory balances with Suppliers.

Support month-end close, and prepare journal entries and reconciliations as needed.

Ensure accuracy and integrity of monthly data entered in multiple systems (SAP, Hyperion, etc.)

Assist in preparing presentations and summaries that help Operations executives understand performance and risks/opportunities.

**Must Have: Minimum Requirements**

Bachelors Degree with 4+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 2+ years)

**Nice to Have**

FPA, budgeting, forecasting, and/or cost analysis experience

Advanced Excel and PowerPoint required. Experience in Hyperion, Essbase, and SAP is a plus

Strong business acumen with ability to understand both financial and operations metrics

Ability to handle multiple projects and changing priorities

Action oriented and the desire to improve processes and drive change

Excellent teamwork skills and effective with all levels of management

High level of intellectual curiosity, integrity and accountability

Experience supporting manufacturing operations; familiar with standard cost

Solid FPA and basic Accounting knowledge

Strong communication skills, and aptitude for influencing at all levels

Adaptability and responsiveness to multiple changing business priorities

Works independently without direct supervision

Familiar with business case analysis, modelling, and/or scenario planning

Familiar with Make vs Buy Analysis

Understanding of inventory movement across the supply chain

Drive to deliver financial and non-financial results

Strong organization skills

High degree of initiative and self-motivation

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. 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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