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 LifeSUMMARY OF POSITION:
Performs and analyzes financial modeling, trends, business case / due diligence, 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.
This position will enable growth by providing key business insights, operating metrics, financial metrics, management reporting to leadership team, ensure strict adherence to finance policies and procedures and timely and accurate preparation of financial statements.
KEY RESPONSIBILITIES WILL INCLUDE:
Responsibilities may include the following, and other duties may be assigned:
• Accountable for designing, leading, and implementing inventory and SOGL management programs that will improve the effectiveness of inventory investments and lower P&L OPC-related costs.
• Advise on inventory trending, SOGL impacts, and market trending to help influence the impact of the annual operating plan, forecasts, strategic plan, commercial operating plan, and quarterly business reviews.
• Provide analytical support & insights to optimize performance, including financial statement analysis, KPIs, business performance commentary.
• Routinely communicate financial and operational performance trends, historical and forecast, using appropriate metrics. Suggest trends, resulting implications, key actions, and strategic implications.
• Perform scenario modeling efforts for the development and growth of the portfolio.
SPECIALIST 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 fellow colleagues.
DIFFERENTIATING FACTORS:
- Strong analytical skills & logical skills
- Ability to manage several projects or tasks and conclude timely.
- Be able to independently navigate ambiguous situations and land tangible impact for the business.
- Exercises considerable latitude in determining deliverables of assignments, with limited oversight from manager.
- Provide expertise to fellow colleagues in team deliverables and may participate in cross functional initiatives.
- 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.
Stakeholder Management: To work with different stake holders in getting the business goals delivered and ability to work with Senior leadership team on decision making process.
Innovation: Identify areas for simplification and automation.
BASIC REQUIREMENTS:
- 8 - 10 years of finance and accounting experience, especially with exposure in product costing
- Worked on organisation level inventory, suggested optimization and drive cost effectivess
- CA- FP&A experience in a MNC is a preferred
- Business partnering experience
- Excellent knowledge of Excel
- Ability to create complex Financial models in Excel
- SAP experience especially costing module
EDUCATION: Chartered accountant
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 & CompensationMedtronic 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 MedtronicWe 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 90,000+ 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
