Financial Consultant

Medtronic Inc. Minneapolis, MN
Careers that Change Lives

This position will report to the Business Development Director in Corporate Finance. The primary purpose of this position is to provide finance and business partner support to the Corporate Development organization in all business combination related aspects including: mergers and acquisitions, structured acquisitions, equity and debt investments, joint ventures, collaboration and development agreements, licenses agreements and divestitures.

Impact patient outcomes. Come for a job, stay for a career.

A Day in the Life

* Function as a business partner and finance liaison for Corporate Development function by answering questions, providing data, insight and influence into proposed transactions. Establish and maintain collaborative and effective working relationships with business partners including: Corporate Development, Legal, Business Development, and Business Unit Finance.

* Perform all aspects of M&A transaction-related finance including:

* Pre-acquisition financial due diligence

* Technical accounting interpretation and application

* Valuation of intangible assets, IPR&D and goodwill

* Valuation of contingent consideration

* Purchase price allocation and opening balance sheets

* Corporate journal entries and push-down entry oversight

* Post-acquisition accounting and integration for acquired companies/ assets

* Divestiture/ carve-out team support

* Conduct "red-team" review of Corporate Development acquisition models to validate assumptions used in cash flow forecasts and stress test business unit assertions. Prepare and present findings to deal team and Corporate Development 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 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 Masters or other Advanced Degree

Nice to Have:

* MBA or other Masters degree

* CPA

* 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 large, matrix-managed company.

* Proficiency with Microsoft Office Applications (Excel & PowerPoint) and with financial applications (SAP, Hyperion Essbase).

* Flexibility for periodic travel when necessary to support due diligence.

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.

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 Day in the Life 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.

EEO

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.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here: http://www.uscis.gov/e-verify/employees

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