Principal Financial Analyst

CAN Medtronic Canada ULC; Pointe-Claire; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading healthcare technology company in Pointe-Claire is seeking a Financial Analyst (PFA) to prepare financial plans, analyze results, and drive collaboration in financial activities. The ideal candidate should possess strong analytical skills, advanced Excel proficiency, and at least 5 years of relevant experience. This role offers a competitive salary and flexible benefits package.

Benefits

Competitive Salary

Flexible Benefits Package

Short-term incentive plan

Qualifications

• Minimum 7 years of relevant experience with a bachelor's degree.
• Minimum 5 years of relevant experience with an advanced degree.
• Ability to work independently and take initiative.

Responsibilities

• Prepare Annual Operating Plan and financial forecasts.
• Analyze financial trends and report findings.
• Lead reporting automation and AI integration projects.

Skills

Analytical skills

Problem-solving skills

Interpersonal skills

Attention to detail

Ability to present financial information

Advanced Excel

Education

Bachelor's degree

Advanced degree

Tools

SAP

OneStream

Job description

Overview

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

MAIN PURPOSE OF JOB

• The PFA's responsibilities include preparing the Annual Operating Plan (AOP), Strat Plan, and the quarterly and monthly forecast revisions, analyzing monthly financial results, developing financial models and provide impact-based business partnering support to Commercial leadership team.
• As a PFA, you will also be responsible for providing key financial guidance and business critical insight to stakeholders across the organization.
• In this role you will be responsible to drive collaboration and play a leading role managing the financial activities of Integrated Business Process (IBP) to support cross-functional IBP team including Planning and Commercial. This includes the necessary financial inputs including latest revenue forecasts as well as financial Risks & Opportunities
• The PFA will also require strong leadership, analytical, organizational, and problem-solving skills and be able to present financial information in a concise and easily comprehensible manner.

MAIN JOB DUTIES / RESPONSIBILITIES

(may include the following and other duties may be assigned)

• Leads the reporting automation and AI integration projects within the FP&A team.
• Performs and analyzes financial modeling, economic research, trends and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, and cost against budget, variance analysis, forecasting, financial planning and expense comparisons by analysis of profit and loss statements and / or income statements.
• Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management.
• Develops, maintains, and establishes operational specifications for financial information systems considering such things as information flow, volume, ad hoc reporting, and analysis.
• May provide analysis on business development and may monitor business performance by unit, division or group.
• Responsible for reporting complaints and Adverse Drug Reactions (ADR)
• Trusted advisor to the business and provide financial insight and guidance to key commercial decisions.
• Prepare AOP, rolling forecast, monthly forecast as well as regular latest estimates of financial results.
• Provide current revenue forecast including Risk & Opportunities to the IBP process.
• Understand key business drivers and track KPI's for business performance.
• Member of the Finance Department providing analytical support and financial acumen to various levels of Management and other Functional areas
• Member of Regional / Divisional Management team providing impact-based business partnership support
• Provide on-going financial presentation support.
• Assist senior management and team members with multiple requests.
• Develop and provide recommended solutions to complex problems within the Finance department.

CAREER STREAM

Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and / or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower-level professionals. The majority of time is spent delivering and overseeing the projects – from design to implementation - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education.

DIFFERENTIATING FACTORS

Autonomy : Recognized expert, managing large projects or processes. Exercises considerable latitude in determining deliverables of assignments, with limited oversight from manager. Coaches, reviews and delegates work to lower-level specialists.

Organizational Impact : Contributes to defining the direction for new products, processes, standards, or operational plans based on business strategy with a significant impact on work group results. May manage large projects or processes that span outside of immediate job area.

Innovation and Complexity : Problems and issues faced are difficult, moderately complex and undefined, and require detailed information gathering, analysis and investigation. Develops solutions to moderately complex problems, and / or makes moderate to significant improvements of processes, systems or products independently to enhance performance of job area. Implements solutions to problems.

Communication and Influence : Represents organization as a primary contact for specific projects and initiatives; communicates with internal and external customers and vendors at various levels. May negotiate with others to reach understanding or agreement, and influence decision-making.

Leadership and Talent Management : Typically provides guidance, coaching and training to other employees within job area. Typically manages major / moderately complex projects, involving delegation of work and review of work products, at times acting as a team leader.

Required Knowledge and Experience : Requires mastery of a specialty area and full knowledge of industry practices, typically obtained through advanced education combined with experience. May have broad knowledge of project management. Requires a baccalaureate degree and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience.

REQUIRED QUALIFICATIONS

KNOWLEDGE / EDUCATION

• Bachelor’s degree, or;
• Advanced degree

JOB EXPERIENCE

• Minimum 7 years of relevant experience, with a bachelor’s degree, or;
• Minimum 5 years of relevant experience, with an advanced degree.

SKILLS / COMPETENCIES

• Ability to work independently and take initiative.
• Comfortable and articulate in presenting financial results to a large audience.
• Ability to present financial information to non-financial audience.
• Excellent problem-solving skills and ability to handle ambiguity.
• Ability to manage several projects or tasks.
• Strong analytical skills
• Attention to detail.
• Strong interpersonal skills
• Strong influence management skills
• Advanced Excel required (macros, pivot tables)
• Ability to effectively and efficiently utilize systems / data to produce insightful analysis and drive prudent recommendations.

DESIRED / PREFERRED QUALIFICATIONS

KNOWLEDGE / EDUCATION

• Working knowledge of SAP
• Working knowledge of GSR (Global Sales Reporting)
• Working knowledge of OneStream

JOB EXPERIENCE

• Previous Business Partnering support role
• Experience working with a Commercial Business Unit
• Experience presenting out financial results to leadership and cross functional teams

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.

Medtronic Canada strives through our vision to build a culture of inclusiveness through our commitment to employment equity and diversity. Discrimination is prohibited on any grounds protected under Canadian Human Rights legislation. Employment applications are encouraged from all members of our community. Upon request, candidates with disabilities will be accommodated during the recruitment process.

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.

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.

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

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