Principal Financial Analyst

Employer
Medtronic Inc.
Location
India
Posted
Jun 27, 2024
Closes
Jul 25, 2024
Ref
4754801974
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
Careers that Change Lives

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.

A Day in the Life

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

#MEICFINANCEJOBS

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.

Physical Job Requirements

The physical demands described within the Responsibilities section of this 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. Contact your manager, recruiter or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)