Finance Analyst

Finance Analyst
Northridge, CA/(Hybrid/Onsite as needed)
Duration: 6 Months+
Shift: 1st Shift
Pay Range: $40-$45/hr. on w2.
Department: MiniMed Diabetes

JOB DESCRIPTION
Responsibilities may include the following and other duties may be assigned. Performs and analyzes financial modeling, economic research, trends and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, and cost aProductst budget, variance analysis, forecasting, financial planning and expense comparisons by analysis of profit and loss statements and/or income statements. Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management.
Develops, maintains, and establishes operational specifications for financial information systems considering such things as information flow, volume, ad hoc reporting, and analysis. May provide analysis on business development and may monitor business performance by unit, division or group.

SPECIALIST CAREER STREAM: Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower level professionals. The majority of time is spent delivering and overseeing the projects from design to implementation while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education (typically University).

DIFFERENTIATING FACTORS Autonomy: Established and productive individual contributor. Works independently with general supervision on larger, moderately complex projects / assignments. Organizational Impact: Sets objectives for own job area to meet the objectives of projects and assignments. Contributes to the completion of project milestones . May have some involvement in cross functional assignments. Innovation and Complexity: Problems and issues faced are general, and may require understanding of broader set of issues or other job areas but typically are not complex . Makes adjustments or recommends enhancements in systems and processes to solve problems or improve effectiveness of job area. Communication and Influence: Communicates primarily and frequently with internal contacts . External interactions are less complex or problem solving in nature. Contacts others to share information, status, needs and issues in order to inform, Product input, and support decisionmaking. Leadership and Talent Management: May provide guidance and assistance to entry level professionals and / or employee in Support Career Stream. Required Knowledge and Experience: Requires practical knowledge and demonstrated competence within job area typically obtained through advanced education combined with experience.

Requires a University Degree and minimum of 2 years of relevant experience, or advanced degree with 0 years of experience.

Position Overview
•** MiniMed Diabetes is seeking a highly skilled Finance Analyst to support the financial operations of our New Ventures group with a focus on product costing, P&L creation, cost center financial management, market modeling, future cost modeling, cost tracking for procurement of material and services, and work order cost logistics. The ideal candidate will have a proven track record in SAP and Excel, with the ability to work independently, solve complex problems, and execute detailed, repetitive tasks with precision.

Key Responsibilities
Lead the finalization of Product Costing of an advanced system to help people living with Type 1 diabetes. This includes assisting with the calculation and reconciliation of labor costs, burden rates, and material expenses for manufacturing and operational activities.
Build, manage and analyze Profit & Loss (P&L) statements to track business performance and identify cost optimization opportunities.
Oversee cost center budgets, ensuring compliance with financial policies and alignment with operational goals.
Track, monitor, and manage procurement costs across multiple projects and vendors.
Manage work order cost logistics, ensuring accuracy in cost allocation for labor, burden, and materials.
Assist with market and future cost modeling to support strategic and operational planning.
Prepare detailed financial reports and dashboards using SAP and advanced Excel functions (pivot tables, macros, VLOOKUP, etc.).
Support month-end and quarter-end close processes, including journal entries and account reconciliations.
Identify and implement process improvements to streamline cost tracking and reporting.
Collaborate with cross-functional teams in general management, engineering, procurement, and operations to ensure accurate cost allocation and forecasting.
Perform ad-hoc financial analyses and special projects as assigned.

Qualifications
Required:
Bachelor s degree in Finance, Accounting, Business Administration, or related field.
5+ years of financial analysis experience in a corporate or manufacturing environment.
Strong proficiency in SAP (Finance/Controlling modules) and Microsoft Excel (advanced functions, macros, pivot tables).
Experience in P&L management, cost center oversight, and procurement cost tracking.
Proven ability to calculate and analyze labor, burden, and material costs for product costing.
Strong analytical skills and high attention to detail.
Ability to work independently with minimal supervision.
Demonstrated problem-solving skills and persistence in completing tedious, detail-oriented tasks accurately.

Preferred:
Experience in the medical device or manufacturing industry.
Knowledge of manufacturing work orders and supply chain cost flows.
Familiarity with cost accounting principles.

Key Competencies
Analytical Mindset: Ability to interpret complex data and provide actionable insights.
Independence: Self-starter who can drive projects forward without constant oversight.
Problem Solving: Adept at diagnosing financial discrepancies and proposing solutions.
Detail Orientation: Maintains accuracy and thoroughness in all aspects of work.
Process Improvement: Looks for efficiencies in workflows and reporting.