Senior Financial Analyst

Posted 3 Days Ago
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Nānakrāmguda, Rangareddi, Telangāna
Mid level
Healthtech
The Role
The Senior Financial Analyst will perform financial modeling, variance analysis, and forecasting, while preparing financial reports and consolidating financial plans. Responsibilities include collaborating with sales teams for financial goals alignment, conducting ad-hoc analysis, and providing insights for decision-making processes.
Summary Generated by Built In

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

SUMMARY OF POSITION:

Performs and analyzes financial modeling, trends, 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.

KEY RESPONSIBILITIES WILL INCLUDE:

Responsibilities may include the following, and other duties may be assigned:

  • Financial Modeling: Building financial models to support sales initiatives, scenario analysis, and decision-making processes.
  • Cost Reduction Analysis: Identifying opportunities for cost reduction and efficiency improvements to enhance the overall financial performance of sales operations.
  • Collaborative Approach: Working closely with sales teams, finance departments, and other stakeholders to align financial goals with sales objectives and drive business success.
  • Ad-Hoc Analysis: Conducting ad-hoc financial analysis as required to support business projects, initiatives, and decision-making processes.
  • Provide analytical support & insights to optimize performance, including financial statement analysis, KPIs, business performance commentary.
  • 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. 

DIFFERENTIATING FACTORS:

  • Strong analytical skills & logical skills.
  • Ability to manage huge quantity of data and simply it through preparation of actionable dashboards.
  • 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.
  • Implements solutions to problems.

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:

  • 3 - 5 years of finance and accounting experience.
  • Industry – Healthcare / Pharmaceutical experience preferred
  • CA- FP&A experience in a MNC is a preferred
  • Excellent knowledge of Advanced Excel tools
  • Knowledge of PowerBi
  • Ability to create complex Financial models in reporting applications

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 & 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.
 

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 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  
 

Top Skills

Excel
Power BI
The Company
HQ: Minneapolis, MN
80,303 Employees
On-site Workplace

What We Do

Medtronic is a global healthcare solutions company operating in approximately 160 countries. We are committed to improving lives through our medical technologies, services, and solutions.

Since our beginning, 60 years ago, our Mission has remained the same: to alleviate pain, restore health, and extend life for people around the world. The Mission is our ethical framework and inspirational goal guiding our day-to-day work. It reminds us that our efforts are transforming millions of lives each year.

To meet the needs of patients and healthcare professionals around the globe, we operate from more than 370 locations in approximately 160 countries.

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