Financial Consultant Job at Medtronic, Minneapolis, MN

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  • Medtronic
  • Minneapolis, MN

Job Description

We anticipate the application window for this opening will close on - 19 Aug 2026Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.A Day in the LifeThe Gross Margin and Integrated Business Planning (IBP) Financial Consultant sits at the center of portfolio, margin, and planning decisions, helping translate business performance into insights that improve profitability, strengthen forecast accuracy, and guide investment priorities.The Ear, Nose, and Throat (ENT) Operating Unit (OU) Finance team plays a critical role in enabling strategic decision-making, operational alignment, and sustainable growth. The Gross Margin and Integrated Business Planning (IBP) Financial Consultant sits at the center of portfolio, margin, and planning decisions, helping translate business performance into insights that improve profitability, strengthen forecast accuracy, and guide investment priorities.In this role, you will lead gross margin analytics and IBP finance processes across the ENT OU. You will evaluate margin drivers such as cost, mix, pricing, manufacturing performance, and operational execution, assess forecast risks and opportunities, and develop executive-ready recommendations that support AOP delivery, lifecycle decisions, and long-term growth. This role is ideal for an experienced finance professional who thrives in a dynamic, cross-functional environment and is passionate about connecting financial insights to business strategy.The ideal candidate will work from a Medtronic location in Minneapolis, MN; Lafayette, CO; or Jacksonville, FL and report to the Director of ENT OU Finance. This is an individual contributor role at the Consultant level with responsibility to coach and guide cross-functional partners and teammates.At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We are working onsite a minimum of 4 days per week as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.Responsibilities may include the following and other duties as assigned:Gross Margin Finance LeadLead gross margin analytics for the ENT OU, including performance tracking, scorecard development, standardized reporting, and insights that support Annual Operating Plan (AOP) delivery and long-term margin expansion goals.Evaluate key margin drivers, including product mix, regional mix, pricing, standard cost, manufacturing variances, freight, tariffs, service and repair, and inventory-related costs, to identify risks, opportunities, and trade-offs.Partner with Operations, Supply Chain, Marketing, Commercial, R&D, and Strategy teams to develop and support execution of gross margin improvement initiatives.Influence Product Lifecycle Management (PLM) strategy by connecting portfolio, lifecycle, launch, and margin dynamics into financial insights that guide prioritization, investment trade-offs, and long-term ENT OU profitability.Prepare clear, executive-ready analysis and narratives for monthly reviews, workshops, IBP/FPR/MBR updates, and other operating mechanisms.Lead product- and region-specific financial deep dives to assess performance drivers, explain variances, and recommend actions to improve profitability.IBP Finance LeadLead the ENT OU IBP finance process, including FPR ownership, MBR support, forecast governance, and alignment across demand, supply, and financial plans.Shape revenue, volume, pricing, cost, product lifecycle, and tender dynamics into clear forecast insights, risks and opportunities, and recommended actions to close gaps to AOP and rolling forecast targets.Partner with IBP OU Leads, Supply Chain, Marketing, Commercial, and regional teams to integrate cross-functional inputs and strengthen forecast accuracy, accountability, and decision-making.Translate new product launch performance into financial insights that inform cross-functional decisions through FPR, MBR, PMR, and ad hoc NPI discussions.Deliver executive-ready revenue reporting, performance analytics, and scenario analysis across product families, regions, and operating mechanisms, including S&OE, FPR, and MBR.Validate and reconcile forecast data across key planning tools, including Anaplan, OneStream, Enrich, and Power BI, to ensure consistency, accuracy, and transparency.Advance IBP capability by engaging in Communities of Practice, sharing best practices, and supporting onboarding and training for new team members and regional IBP leads.Must Have: Minimum RequirementsBachelor’s degree with 10+ years of finance or accounting experience (or advanced degree with 8+ years)Nice to Have (Preferred Qualifications)Bachelor’s degree in Finance, Accounting, Business, or related fieldAdvanced degree (MBA, M.S.) or professional certification (CPA, CFA)Experience in FP&A, financial consulting, or strategic planningDeep understanding of IBP processes, financial modeling, and scenario planningProficiency in Anaplan, Blue Yonder, Power BI, and Excel-based analyticsStrong communication and stakeholder management skillsExperience in medical device or healthcare industryAbility to synthesize complex data into clear recommendationsCollaborative mindset with a proactive approach to problem-solvingFor Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.Physical Job RequirementsThe 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. The physical demands described within the Responsibilities section of this job description 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 or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.U.S. Work Authorization & Sponsorship At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment. ‌Recruitment Fraud AlertWe are aware of phishing scams targeting job seekers. Please keep the following in mind: Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses. Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate. If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments. If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at AskHR@medtronic.com. ‌Benefits & CompensationMedtronic offers a competitive Salary and flexible Benefits PackageA 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.Salary ranges for U.S (excl. PR) locations (USD):$136,800.00 - $205,200.00This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.Further details are available at the link below:Medtronic benefits and compensation plansIt is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.SummaryLocation: Minneapolis, Minnesota, United States of America; Lafayette, Colorado, United States of America; Jacksonville, Florida, United States of AmericaType: Full time

Job Tags

Full time, H1b, Work at office, Local area, Immediate start, Flexible hours

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