Global FP&A Lead: Margin Insights & Cost Optimization

Medtronic

Minneapolis (MN)

Hybrid

USD 110,000 - 166,000

Full time

4 days ago
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Benefits offered by this job

Health insurance
401(k) with employer match
Employee Stock Purchase Plan

Job summary

Medtronic is seeking a senior FP&A professional in Minneapolis to join the Global Operations and Supply Chain (GOSC) FP&A team. The role analyzes gross margin drivers for Medical Surgical OUs and partners across functions to enable margin expansion and informed decision-making.

You will lead cost analysis, support annual operating plans, and coordinate quarterly forecasts. Onsite work is four days per week with one remote day; relocation assistance is not provided.

Qualifications

  • Bachelor's degree and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience.
  • Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP).
  • Proven experience leveraging SAP, BPCS, Hyperion Spend, CMR, or similar enterprise systems to drive financial insights and business performance.
  • Strong analytical, financial modeling, and problem-solving capabilities with the ability to influence outcomes through data-driven recommendations.

Responsibilities

  • Develop a deep understanding of product costs and key drivers of cost.
  • Gather historical information and summarize data to highlight gross margin trends.
  • Work cross functionally to collaborate and align strategies across GOSC and the Medical Surgical Portfolio teams.
  • Lead OU presentation of the GOSC impact on Gross Margin analysis and provide financial performance commentary to various levels of management.
  • Partner cross functionally in support of the AOP and quarterly forecasts, to ensure forecasts are accurate by OU and allocations/targets are clearly understood and consistently applied.
  • Work with OUs and Portfolio to increase visibility to cost drivers within the cost pools and identify opportunities for cost savings.
  • Lead cost roll reconciliation for specific OUs within the MedSurg Portfolio, summarize impact of cost changes and review impact with cross functional teams.

Skills

GAAP knowledge
Financial modeling
Data-driven recommendations
Cross-functional collaboration
Problem solving

Education

Bachelor's degree
MBA
CPA
CMA

Tools

SAP
BPCS
Hyperion Spend
CMR

Job description

Medtronic is seeking a senior FP&A professional in Minneapolis to join the Global Operations and Supply Chain (GOSC) FP&A team. The role analyzes gross margin drivers for Medical Surgical OUs and partners across functions to enable margin expansion and informed decision-making.

You will lead cost analysis, support annual operating plans, and coordinate quarterly forecasts. Onsite work is four days per week with one remote day; relocation assistance is not provided.

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