Senior Financial Analyst

Senior Financial Analyst

Posted 1 day ago by Totaljobs

£73,200 Per year
Undetermined
Hybrid
Watford, Hertfordshire

Summary: The Senior Financial Analyst at Medtronic will play a crucial role in enhancing financial performance and operational efficiency within the Integrated Health Solutions division. This position involves managing financial reporting, revenue processes, and cost control while driving digital finance transformation. The role requires collaboration with cross-functional teams to ensure accurate financial results and support margin optimization. It is a hybrid position, requiring two days in the office each week.

Key Responsibilities:

  • Lead month-end close activities, including journals, reconciliations, and supporting schedules
  • Ensure compliance with US GAAP, Medtronic internal controls (SOX), and global accounting policies
  • Manage revenue accruals, contract billing, and revenue recognition
  • Reconcile inventory and validate pricing across SAP and Ingenica systems to ensure financial integrity
  • Collaborate with teams to support customer profitability
  • Support audit readiness, technical accounting for complex transactions, and implementation of new standards
  • Drive automation initiatives and process improvements to enhance efficiency and reduce manual effort
  • Improve finance processes, controls, and data flows across SAP, Ingenica, and related systems

Key Skills:

  • ACCA/CIMA qualified or equivalent professional accounting qualifications (Part-qualified at final stage considered)
  • Advanced working knowledge of Excel skills, Enterprise Resource Planning (ERP) system, SAP preferred
  • Knowledge of UK/US GAAP principles, Cost accounting, month-end close, journal entries, revenue recognition and margin analysis
  • Proactive mindset with passion for automation and continuous improvement

Salary (Rate): £73,200 yearly

City: Watford

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: undetermined

Seniority Level: Senior

Industry: Finance

Detailed Description From Employer:

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

Medtronic’s Integrated Health Solutions (IHS) business delivers integrated clinical, operational, and financial solutions to healthcare providers across the UK & Ireland. As part of this transformation-focused division, you will play a key role in supporting financial performance, operational efficiency, and strategic growth, becoming a key link between finance, commercial teams, and clinical service operations. We are seeking a Senior Financial Analyst to support financial reporting, revenue processes, inventory integrity, cost control and digital finance transformation across our Managed Services. This role combines technical accounting, commercial finance, and systems/process transformation—ideal for someone who thrives in a dynamic, complex, and internationally connected environment. You will partner with cross-functional teams to ensure accurate financial results, support margin optimisation, and help drive Medtronic’s digital finance agenda. Hybrid role, 2 days in the office.

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

  • Lead month-end close activities, including journals, reconciliations, and supporting schedules
  • Ensure compliance with US GAAP, Medtronic internal controls (SOX), and global accounting policies
  • Manage revenue accruals, contract billing, and revenue recognition
  • Reconcile inventory and validate pricing across SAP and Ingenica systems to ensure financial integrity
  • Collaborate with teams to support customer profitability
  • Support audit readiness, technical accounting for complex transactions, and implementation of new standards
  • Drive automation initiatives and process improvements to enhance efficiency and reduce manual effort
  • Improve finance processes, controls, and data flows across SAP, Ingenica, and related systems

Required Knowledge and Experience:

  • ACCA/CIMA qualified or equivalent professional accounting qualifications (Part-qualified at final stage considered)
  • Advanced working knowledge of Excel skills, Enterprise Resource Planning (ERP) system, SAP preferred
  • Knowledge of UK/US GAAP principles, Cost accounting, month-end close, journal entries, revenue recognition and margin analysis
  • Proactive mindset with passion for automation and continuous improvement

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.

Pay range / Rango salarial / Intervalo salarial /Fascia retributiva / Tranche de salaire / Gehaltsband / Salaribereik: United Kingdom: 48,800.00 GBP - 73,200.00 GBP |

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

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 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.