Financial Consultant | Corporate Finance, Business Development en Medtronic
Medtronic · Fridley, Estados Unidos De América · Onsite
- Senior
- Oficina en Fridley
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
This position will report to the Business Development Director in Global Finance. The primary purpose of this position is to provide finance and business partner support for all strategic transactions, including: mergers and acquisitions, structured acquisitions, equity and debt investments, joint ventures, collaboration and development agreements, licenses agreements, and divestitures.
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.
A finance liaison and business partner that answers questions, provides input, insight and influence into proposed strategic transactions. Establish and maintain collaborative and effective working relationships with business partners, including: Corporate Development, Business Development, Operating Unit Finance, M&A Legal, and M&A Tax.
Provide finance support for all aspects of the M&A continuum, including:
Financial due diligence
Technical accounting interpretation and application
Valuation of intangible assets, IPR&D, goodwill, earnouts, etc.
Purchase accounting for acquisitions
Corporate journal entries and push-down entry oversight
Certain post-acquisition accounting and integration for acquired companies / assets
Divestiture / carve-out team support
Conduct review of deal models to validate assumptions used in cash flow forecasts and stress test assertions. Prepare and present findings to the deal team for use at Business Development and Strategy (BD&S) meetings.
Responsible for reconciliations and impairment reviews related to accounting for the “minority investment portfolio”, which includes equity and debt investments in public and private entities.
Actively participate in determining the appropriate application of generally accepted accounting principles (GAAP) for various transactions related to business combinations, license deals, equity method accounting, FIN 46 / ASC 810 and other related areas of accounting.
Maintain a high level of understanding of current and proposed accounting and reporting requirements specific to business development activities, and valuation best-practices through self-study, external sources and personal contacts/networks.
Proactively inform business partners of new accounting developments and potential issues.
Must Have: Minimum Requirements
10+ years of progressive accounting / finance experience with bachelor’s degree; or
8+ years of progressive accounting / finance experience with master’s or other advanced degree.
Nice to Have
CPA
MBA or other master’s degree
Sound understanding of generally accepted accounting principles (GAAP), including accounting for business development activities with the strong desire to research relevant GAAP and SEC literature
Must have a high degree of initiative and self-motivation
Strong analytical skills and exceptional attention to detail
Strong organization and prioritization skills with the ability to multi-task and manage several projects simultaneously
Strong oral and written communication skills including the ability to interact with and influence all levels of management and executive management
Experience in a large, global, matrix-managed company
Proficiency with Microsoft Office Applications (Excel, PowerPoint, Teams) and with financial applications (SAP, Hyperion Essbase).
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.
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.
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
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.
Learn more about our business, mission, and our commitment to diversity here.
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.
