Principal Analyst- Financial Consolidation

Medtronic • Minneapolis, MN

2d • $108,000 - $162,000

About The Position

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 The Principal Analyst on the Diabetes Operating Unit supports day-to-day accounting and financial reporting, including period-end close under US GAAP, audit coordination, and finance process and control improvements, while also supporting Day-1 readiness for the Record-to-Report workstream as part of the Diabetes division separation effort. 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. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care. Principal Analyst – Diabetes Operating Unit (Record-to-Report) As a Principal Analyst, you will be a key contributor and part of a team supporting the day-to-day accounting operations and financial reporting of the Diabetes Operating Unit. This covers the period-end financial close for US GAAP and management reporting, statutory financial reporting, process and control improvements, internal and external audit support, technical accounting research, and the readiness of the Record‑to‑Report workstream for Day-1 operations.

Requirements

• Bachelor’s Degree and 7+ years experience as financial analyst, accounting, business analyst or other relevant field.
• OR Advanced Degree and 5+ years experience as financial analyst, accounting, business analyst or other relevant field.

Nice To Haves

• 10+ years of progressive experience in external financial reporting within a public company and/or Big 4 environment
• Strong understanding of U.S. GAAP, SEC reporting requirements, and disclosure controls
• Hands-on experience preparing or reviewing Form 10-K, 10-Q, 8-K, and earnings release materials
• Exposure to technical accounting research and coordination with audit and legal functions
• Proven ability to interpret complex accounting topics and translate them into clear, concise disclosures
• Strong command of financial consolidation and reporting platforms (e.g., OneStream and Workiva)
• Experience working in a newly public or transformation-driven environment
• CPA or MBA preferred

Responsibilities

• Deliver timely period-end closing for month end, quarter end, and year end, working closely with Financial Shared Services and support functions.
• Deliver financial close and reporting in compliance with US GAAP and local statutory financial standards.
• Compile and analyze financial information to record transactions, prepare reports, and verify accuracy.
• Prepare journal entries and balance sheet account reconciliations; strengthen balance sheet controls.
• Work with external auditors and tax consultants to support on-time statutory audits, corporate tax, and indirect tax filings.
• Support internal control requirements, including SOX compliance.
• Support legal-entity fiduciary responsibilities as needed.
• Provide technical accounting support for M&A transactions impacting the Diabetes Operating Unit.
• Oversee technical accounting research for complex business transactions and new accounting standard implementations.
• Support continuous improvement initiatives and ad-hoc finance and reporting projects.
• Support duties related to the diabetes division separation effort for Day-1 readiness of the Record-to-Report workstream.

Benefits

• 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.
• 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).
• 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).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees