At a Glance
- Tasks: Lead financial reporting and support strategic growth in a dynamic healthcare environment.
- Company: Join Medtronic, a global leader in healthcare technology and innovation.
- Benefits: Competitive salary, flexible benefits, and a commitment to employee well-being.
- Other info: Hybrid role with excellent opportunities for professional growth.
- Why this job: Make a real impact on healthcare access while advancing your finance career.
- Qualifications: ACCA/CIMA qualified or equivalent, with strong Excel and ERP skills.
The predicted salary is between 49600 - 74400 £ per year.
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. It is a temporary 1 year contract.
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
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: United Kingdom: 49,600.00 GBP - 74,400.00 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.
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.
Senior Financial Analyst Watford employer: Medtronic
At Medtronic, we pride ourselves on being an exceptional employer, offering a dynamic work environment in Watford that fosters innovation and collaboration. Our commitment to employee growth is evident through our comprehensive benefits package and opportunities for professional development, all while championing healthcare access and equity. Join us to be part of a passionate team dedicated to making a meaningful impact in the world of healthcare.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Analyst 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! Research Medtronic’s recent projects and their impact on healthcare. This shows you're genuinely interested and ready to contribute to their mission.
✨Tip Number 3
Show off your skills during the interview! Be ready to discuss specific examples of how you've improved financial processes or driven automation in past roles. Numbers speak louder than words!
✨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 Medtronic team.
We think you need these skills to ace Senior Financial Analyst Watford
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Financial Analyst role. Highlight your relevant experience in financial reporting, revenue processes, and any automation initiatives you've led. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're passionate about this role at Medtronic. Share specific examples of how you've supported financial performance and operational efficiency in previous roles. This is your chance to shine!
Showcase Your Qualifications:Don’t forget to mention your ACCA/CIMA qualifications or equivalent. If you're part-qualified, let us know where you are in your journey. We appreciate candidates who are proactive and eager to learn!
Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and get you into our system quickly. We can't wait to hear from you!
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 related to revenue recognition, cost control, and margin optimisation. 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 and improve processes. This will show that you're not just a numbers person but also tech-savvy.
✨Understand the Company Culture
Medtronic values innovation and collaboration. Research their mission and recent initiatives in healthcare technology. During the interview, express how your proactive mindset aligns with their goals and how you can contribute to their digital finance agenda.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities in complex financial situations. Think of specific examples where you've led month-end close activities or managed revenue accruals. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
