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- Tasks: Support financial performance and drive automation in a dynamic healthcare environment.
- Company: Join Medtronic, a leader in integrated health solutions with a focus on innovation.
- Benefits: Competitive salary, flexible benefits, and opportunities for professional growth.
- Why this job: Make a real impact in healthcare finance while collaborating with diverse teams.
- Qualifications: ACCA/CIMA qualified or equivalent, with strong Excel and ERP skills.
- Other info: Hybrid role with excellent career advancement opportunities.
The predicted salary is between 48800 - 73200 £ per year.
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. Hybrid role, 2 days in the office.
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
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. Pay range: 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).
Senior Financial Analyst in Watford employer: Medtronic
Contact Detail:
Medtronic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Analyst in Watford
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Medtronic on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Brush up on Medtronic's values and recent news. Show them you’re not just another candidate but someone who genuinely cares about their mission in healthcare.
✨Tip Number 3
Practice makes perfect! Get a friend to do mock interviews with you. Focus on articulating how your skills in financial reporting and process improvement align with what they need in a Senior Financial Analyst.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Medtronic.
We think you need these skills to ace Senior Financial Analyst in Watford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Financial Analyst role. Highlight your expertise in financial reporting, compliance with GAAP, and any experience with SAP or similar systems.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this dynamic role. Share specific examples of how you've driven process improvements or supported financial performance in previous positions.
Showcase Your Technical Skills: Since this role requires advanced Excel skills and knowledge of ERP systems, be sure to mention any relevant technical proficiencies. We want to see how you can leverage these tools to enhance efficiency and support our financial operations.
Apply Through Our Website: We encourage you to apply directly through our website. This way, your application will be processed more efficiently, and you'll have access to all the latest updates about the hiring process!
How to prepare for a job interview at Medtronic
✨Know Your Numbers
As a Senior Financial Analyst, you'll need to demonstrate your expertise in financial reporting and analysis. Brush up on key metrics relevant to the role, such as revenue recognition and cost control. Be ready to discuss how you've applied these concepts in previous roles.
✨Showcase Your Technical Skills
Make sure you highlight your advanced Excel skills and familiarity with ERP systems like SAP. Prepare examples of how you've used these tools to drive automation or improve processes in past positions. This will show that you're not just a numbers person but also tech-savvy.
✨Understand Compliance and Controls
Familiarise yourself with US GAAP and Medtronic's internal controls. Be prepared to discuss how you've ensured compliance in your previous roles, especially during month-end close activities. This will demonstrate your attention to detail and understanding of regulatory requirements.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving abilities in complex situations. Think of scenarios where you've had to reconcile discrepancies or manage revenue accruals. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.