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Finance Analyst

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: MED Medtronic Inc
Full Time position
Listed on 2026-06-23
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Financial Manager
  • Business
    Financial Analyst, Financial Manager
Salary/Wage Range or Industry Benchmark: 69600 USD Yearly USD 69600.00 YEAR
Job Description & How to Apply Below

We anticipate the application window for this opening will close on 22 Jun 2026.

Position Summary

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. 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
  • Provide 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: provides exposure to GOSC financial results, sourcing and inflation dynamics, capital investment decision‑making, and cross‑functional business partnering. Builds foundational knowledge of Medtronic’s financial planning, reporting, and governance processes while developing business acumen within a global, matrixed organization.
Physical

Job Requirements

The role requires regular independent mobility and interaction with a computer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

U.S. Work Authorization & Sponsorship

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.

Benefits & Compensation

Salary ranges for U.S. (excl. PR) locations (USD): $69,600.00 – $. This position is eligible for a short‑term incentive called the Medtronic Incentive Plan (MIP).

  • 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
  • Simple Steps (global well‑being program)
  • Incentive plans
  • 401(k) plan plus employer…
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