Senior Payroll Analyst US / PR Job at Medtronic in Mounds View

We anticipate the application window for this opening will close on - 6 Oct 2025

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

Diabetes Business Description :

The Diabetes Operating Unit focuses on improving the lives of those within the global diabetes community. As a business, we strive to empower people with diabetes to live life on their terms by delivering innovation that truly matters and providing support in the ways they need it. We’re committed to meeting people with diabetes where they are in their journey, always with an aim to make their lives easier. Our portfolio of innovative solutions are designed to provide customers greater freedom and better health, helping them achieve better glucose control, while spending less time managing their disease.

To learn more about our products, visit our website.

The Sr Payroll & Timekeeping Analyst will be responsible for overseeing payroll consolidation and ensuring compliance with established deadlines and legal regulations. The role involves monitoring overtime and additional payments, withholdings and adjustments, and supporting internal / external audits. The analyst will handle payroll and timekeeping related inquiries, contribute to process improvements, and participate in payroll closure for US and Puerto Rico employees.

• Responsible to validate and interpret payroll and timekeeping data, ensuring accuracy in employee compensation, tax withholdings, and deductions
• Follow standard operating procedures for payroll processing including timecard review, salary adjustments and managing deductions.
• Ensure payroll and timekeeping are processed in compliance with company policy and all statutory requirements related to payroll and tax.
• Analyze, audit, reconcile, and resolve payroll related issues and support complex employee questions about paychecks, deductions, and other payroll-related matters.
• Assist with payroll system implementations, upgrades, and enhancements.

This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements.

Requirements :

4+ years of experience with a high school diploma or equivalent or advanced degree with a minimum of 2 years relevant experience.

Nice to Haves :

Physical Job Requirements

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.

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.

Salary ranges for U.S (excl. PR) locations (USD) : $75,200.00 - $112,800.00. This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

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).

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.

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.

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