At Medtronic, you can start a lifelong career of exploration and innovation while helping champion healthcare access and equity for all. You will lead with purpose, breaking down barriers to innovation in a more connected and compassionate world.
A Day in the Life
You will be 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. As a Senior Financial Analyst, you will be responsible for planning, analyzing, and reporting on direct labor.
This position reports to the Financial Planning & Analysis Senior Manager.
The Role
* 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 and 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 the labor efficiency reporting KPI dashboard and to analyze 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 and understanding of variations in labor efficiency and 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.
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.
About Medtronic
We are a global leader in healthcare technology, boldly attacking 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.