Senior Financial Analyst

Reposted 6 Days Ago
Fridley, MN, USA
In-Office
88K-132K Annually
Senior level
Healthtech
The Role
Support accrual management, balance sheet reconciliations, and reporting for Cardiovascular, Medical Surgical, and Neuroscience portfolios. Ensure source data accuracy across rebate systems, produce operational reports, investigate accrual inquiries, collaborate with auditors and cross-functional partners, and contribute to projects and system enhancements using analytics tools.
Summary Generated by Built In
We anticipate the application window for this opening will close on - 17 Jul 2026


 

Careers 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 Life

         

         

This team is responsible for rebates, accruals, balance sheet reconciliations, and reporting for Cardiovascular, Medical Surgical, and Neuroscience Portfolios.

The primary responsibility of this Sr. Financial Rebate Analyst role is to support Accrual Management, Balance Sheet Reconciliation, and Reporting /Analysis activities that improve the effectiveness of the US Rebates team across the Cardiovascular, Medical Surgical & Neuroscience portfolios.  A large focus is placed on Source Data Accuracy and sharing insightful analysis with our business partners and customers. The secondary responsibility is to contribute and/or represent the department through completion of specific projects as defined in yearly objectives.

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’re working a minimum of 4 days a week onsite 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 may be assigned.

  • Ensure source data accuracy across the Cardiovascular, Medical Surgical, and Neuroscience Portfolios through the completion of weekly accrual audits and alignment between rebate systems (Vistex, ECRS, CMS) and downstream reporting in GSR & other reporting universes

  • Support Portfolio Accrual leads in project work & training related to rebate systems and agreement intake best practices

  • Create and distribute recurring operational reports including those related to credit, issue logs, membership management, annual true-ups, etc.

  • Research and respond to accrual & reporting inquiries utilizing all available reporting and analysis tools

  • Prepare actionable balance sheet reconciliations that clearly identify outstanding customer liabilities by contract and settlement period, including remediation of aged items, and collaborating with auditors to explain rebate-related financials

  • Represent Rebates team on special projects with business partners including Contracting/Sales, Pricing, Finance, Credit, IT, Systems, etc.

  • Support efforts to ensure Bulk Quarter End Deals (QEDs) are loaded timely with accurate accruals

  • Serve as backup for teammates on tasks related to accruals, membership, Rebate System enhancements, rebate exception process, etc.

  • Utilize analysis and reporting tools including Excel, Power Query, Power Automate, Business Objects, Access, Visual Basic, etc. to support projects and initiatives

  • Analyze and understand data and share summarized findings & related insights

  • Special projects and support as needed

Minimum Requirements

  • Bachelor’s degree plus 4 + years of work experience in finance, accounting and/or pricing

  • Experience working with data & analysis tools such as Excel and Business Objects

 

Nice to Have

  • 4+ years of Medtronic experience in a financial, sales support or analytic role

  • Advanced degree

  • Strong logic and analysis skills

  • Ability to interpret contracting language

  • Extensive knowledge of SAP, BOXI, Word, Excel, PowerPoint, Access and a willingness to continue learning

  • Demonstrated experience with revenue recognition requirements, accounting flows, balance sheet reconciliations, and financial audits

  • Working knowledge of Vistex/SAP rebate software

  • Experience with legal terms and conditions

  • Work experience in dealing with professionals in various disciplines

  • Proven change management skills

  • Strong oral and written communication abilities with experience interacting with customers and internal business partners

  • Team player that is a self-initiator, highly motivated, and works well with others

  • Reliable work ethic and ability to be flexible during peak times

 

For 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 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. 

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 Alert

We 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 [email protected]

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.
 

Salary ranges for U.S (excl. PR) locations (USD):$88,000.00 - $132,000.00


This 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 plans

It 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.

Skills Required

  • Bachelor's degree plus 4+ years of work experience in finance, accounting and/or pricing
  • Experience working with data & analysis tools such as Excel and Business Objects
  • Unrestricted U.S. work authorization at time of hire and for duration of employment
  • Minimum of 4 days per week onsite work (in-person attendance requirement)
  • Experience with accruals, balance sheet reconciliations, revenue recognition, and financial audits
  • Working knowledge of Vistex/SAP rebate software
  • Extensive knowledge of SAP, BOXI, Word, Excel, PowerPoint, Access
  • Ability to interpret contracting language and legal terms and conditions
  • Strong oral and written communication and cross-functional collaboration skills
  • Proven change management skills and experience working with professionals across disciplines
  • Advanced degree
  • Prior Medtronic experience in a financial, sales support, or analytic role (4+ years)

Medtronic Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Medtronic and has not been reviewed or approved by Medtronic.

  • Parental & Family Support Paid leave for birthing and non-birthing parents is positioned as notably generous, with additional Family Care Leave available for a range of caregiving needs. Fertility, adoption, donor, and surrogacy support adds depth for different paths to family-building.
  • Retirement Support A 401(k) match and an employee stock purchase plan are presented as meaningful long-term savings tools. Scholarship and tuition programs further reinforce financial security beyond salary.
  • Healthcare Strength Medical, dental, and vision coverage is consistently described as a strong part of the total rewards package. Mental health resources, critical illness coverage, and wellness supports broaden the overall health offering.

Medtronic Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Dublin
80,303 Employees
Year Founded: 1949

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.

Similar Jobs

Optum Logo Optum

Senior Financial Analyst

Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
In-Office or Remote
Minnetonka, MN, USA
160000 Employees
60K-107K Annually

beBright Logo beBright

Senior Financial Analyst

Healthtech • Professional Services
In-Office
Minnetonka, MN, USA
In-Office or Remote
50 Locations
17989 Employees
73K-117K Annually

Interior Logic Group Logo Interior Logic Group

Senior Financial Analyst

Information Technology • Design
In-Office or Remote
44 Locations
1590 Employees
115K-120K Annually

Similar Companies Hiring

Sailor Health Thumbnail
Healthtech • Social Impact • Telehealth
New York City, NY
20 Employees
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
OneImaging Thumbnail
Healthtech
Miami, FL
62 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account