Senior Finance Analyst - FP&A Labor

Medtronic; United States; Remote; USD 70,000 - 110,000; Full time

Job summary

Join a forward-thinking company where you can make a significant impact in the healthcare sector. As a Senior Financial Analyst, you will be at the forefront of financial planning and analysis, collaborating with global teams to enhance labor efficiency and drive strategic insights. This role offers a unique opportunity to work in a dynamic environment, where your contributions will help shape the future of healthcare. With a commitment to innovation and excellence, this position is perfect for those looking to grow their careers while making a difference in people's lives.

Benefits

Flexible Benefits Package

Short-term Incentive Plan

Competitive Salary

Career Development Opportunities

Qualifications

• 4+ years of experience in Finance and/or Accounting.
• Strong communication and presentation skills.
• Ability to thrive in a fast-paced environment.

Responsibilities

• Partner with EMEA manufacturing platform for Direct Labor analysis.
• Collaborate on labor efficiency reporting and KPI dashboards.
• Support financial best practices in Labor reporting.

Skills

Finance

Accounting

Communication Skills

Problem Solving

Project Management

Education

Bachelor’s Degree

Professional Accountancy Qualification (ACCA, CPA, etc.)

Tools

Microsoft Excel

Microsoft PowerPoint

SAP

Job description

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

A key member of the Global Operations and Supply Chain (GOSC) FP&A Direct Labor team in Medtronic, with primary responsibility for partnering with the EMEA manufacturing platform. The Senior Financial Analyst is responsible for planning, analyzing and reporting on Direct Labor. This position reports to the Financial Planning & Analysis Senior Manager.

Come for a job, stay for a career! A Day in The Life Of:

• Be a part of the GOSC FP&A Direct Labor Cost Pool Team, serving as the key FP&A contact for the manufacturing sites within the EMEA region for the labor cost pool.
• Execution of the consolidation and review of the weekly Direct Labor KPIs for the manufacturing sites within the EMEA Platform. Investigate & understand drivers of variances (examples include labor efficiency and wage rate) and escalate concerns as they arise. Collaborate with EMEA sites to bring all sites onto to the labor efficiency reporting KPI dashboard and to analyse the weekly reporting for Direct Labor.
• Collaborate with Manufacturing Site Operations, Operations Finance partners and Global Manufacturing FP&A to develop processes, analysis and presentation content that transforms data into storytelling to influence our financial performance on a weekly / monthly / quarterly basis.
• Be a proactive strategic business partner to the EMEA Platform sites, providing insights & understanding of variations in labor efficiency & wage rates.
• Partner cross functionally in the Annual Operating Plan and quarterly forecast processes on labor assumptions (labor efficiency, wage rate, overtime, etc) and own detailed cost center planning in OneStream.
• Identification of opportunities to forecast based on a combination of expected changes and trending.
• Supporting the development and implementation of financial best practices in Labor reporting.
• Other ad-hoc tasks and data preparation as required for internal customers.

Key Skills & Experience

• Bachelor’s Degree with 4+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 2+ years)
• Professional Accountancy qualification required e.g., ACCA, ACA, CPA, CIMA.
• Strong communication skills, both oral and written and experience presenting to leadership
• Ability to work and thrive in a fast-paced environment and manage multiple and conflicting deadlines and priorities.
• Ability to work effectively in a team environment and build strong working relationships across time zones & geographies.
• Extraordinary independent problem solving and strategic thinking abilities. Project Management skills
• Intermediate to Advanced skills with Microsoft Excel and PowerPoint
• SAP experience is preferred.
• Manufacture Finance support experience is preferred.

Medtronic offer a competitive salary and flexible Benefits Package

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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 here