Finance InternAt — Medtronic, Inc

Intern Position Submission – Treasury / Finance Intern

Assignment Objective:
This internship offers a unique opportunity to contribute to high-impact Treasury and Finance initiatives, including financial risk management, process automation, and global strategic collaboration. The role is designed to provide real-world experience across core finance functions while equipping you with specialized skills in data analysis, risk mitigation, and digital transformation.

Key Objectives of the Internship:

1. Lead Strategic Finance Projects – Take a central role in initiatives like Project Bladerunner, focused on analyzing exposure profiles and exploring innovative ways to reduce financial risk and improve cost efficiency.
2. Advance Finance Automation – Support the design and deployment of automation solutions using the Microsoft Power Platform to streamline reporting, analysis, and compliance workflows.
3. Support Risk Management Programs – Assist in executing and evaluating financial risk mitigation strategies, including exposure analysis, cost estimation, and performance tracking.
4. Foster Global Finance Engagement – Collaborate with regional and global finance teams to share best practices, align processes, and enhance awareness of key financial exposures.

Main Duties and Responsibilities

Support Financial Risk Management:

• Analyze currency or financial exposures across balance sheet and/or P&L accounts.
• Learn to use systems such as SAP, Power BI, and FXall to gather and evaluate data.
• Help optimize hedge levels and program performance to reduce volatility and cost.
• Support decision-making processes with data-driven insights.

Lead or Support Strategic Projects:

• Conduct deep-dive financial analysis to uncover drivers of exposure and risk.
• Partner with internal experts and external advisors to evaluate mitigation strategies.
• Develop recommendations that challenge legacy thinking and unlock value.
• Present findings to senior leadership and contribute to enterprise-wide strategy.

Automation and Process Optimization:

• Design and refine workflows using Power Automate, Power Apps, and Power BI.
• Document, test, and iterate solutions that improve transparency and efficiency.
• Identify areas of manual burden and build automation to improve throughput.

Global Collaboration and Communication:

• Support the creation and delivery of finance and risk awareness programs.
• Collaborate with international finance teams to align exposure management practices.
• Create concise and compelling visualizations or materials to share key insights globally.

Training and Development Provided
This internship offers immersive training and mentoring opportunities designed to accelerate your development and expose you to the inner workings of a Fortune 200 Treasury function.

• Treasury Foundations: Learn how corporate Treasury manages global liquidity, risk, and capital—working across cash, intercompany funding, and hedging strategies.
• Financial Risk Management: Gain practical understanding of how multinational companies identify and mitigate risks related to interest rates, currencies, and cash flow variability.
• Foreign Currency Impact: Discover how currency fluctuations affect financial results across global entities—and what it takes to reduce volatility in earnings and cash flow.
• Banking and Derivatives Trading: Work directly with global banking partners and trading platforms (e.g., FXall), gaining experience in derivative execution and relationship management.
• Technology Enablement: Receive hands-on training with Power BI, SAP, and Microsoft Power Platform to develop automation and improve financial transparency.
• Executive Exposure: Participate in leadership meetings and strategy reviews, with opportunities to present insights and gain mentorship from senior Treasury and Finance leaders.

This is more than an internship—it’s a front-row seat to how finance shapes strategy at a global scale.

Learning Outcome:

• Real-world experience in global Treasury operations and financial risk management.
• Practical exposure to currency risk, exposure management, and hedging tools.
• Skill development in data analysis, process automation, and cross-functional collaboration.
• Confidence working independently while engaging with senior stakeholders.
• Hands-on training with cutting-edge technology used by global finance teams.
• Broader understanding of how finance enables strategy, growth, and resilience.