Principal Financial Analyst - Structural Heart Clinical
About The Position
At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working onsite 4 days a week as part of our commitment to fostering culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. This role will require 25% of travel to enhance collaboration and ensure successful completion of projects. The Structural Heart business at Medtronic is dedicated to advancing innovative therapies that address complex structural heart disease through minimally invasive technologies. The Principal Financial Analyst supporting Structural Heart Clinical Research plays a critical role in enabling the development and clinical validation of next-generation therapies for structural heart disease. This role serves as a strategic finance partner to the Vice President of Structural Heart Clinical Research & Medical Science and Senior Director of Mitral & Tricuspid Therapy Development. As a senior individual contributor, the Principal Financial Analyst provides financial leadership across a broad portfolio of pre-market and post-market clinical studies, ensuring strong financial planning, forecasting, and transparency to support key development and regulatory milestones. This position is an on-site role based in Mounds View, Minnesota and partners closely with clinical, medical science, therapy development, and finance leadership. The role operates with a high degree of independence and is expected to influence cross-functional teams without direct authority while supporting critical investment and portfolio decisions across the Structural Heart organization.
Requirements
- Bachelor’s degree in Finance, Accounting, Economics, or a related field
- Minimum of 7 years of relevant finance or accounting experience, or an advanced degree with a minimum of 5 years of relevant experience
- For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.
Nice To Haves
- Experience supporting clinical research, R&D, or product development organizations
- Experience working with clinical study financial models or large program budgets
- Experience partnering with cross-functional stakeholders including clinical, medical, R&D, and operations teams
- Strong financial modeling, forecasting, and long-range planning experience
- Demonstrated ability to influence senior stakeholders and operate effectively within a highly matrixed organization
- Strong executive communication and presentation skills
- Experience working in the medical device, healthcare, or regulated industry
- MBA, CPA, or other relevant advanced certification
Responsibilities
- Serve as the primary finance partner to the Vice President of Structural Heart Clinical Research & Medical Science, supporting financial planning, forecasting, and reporting for the global clinical research organization.
- Lead financial planning and reporting for the Structural Heart clinical study portfolio, including both pre-market and post-market studies.
- Maintain and enhance financial models supporting clinical studies, ensuring alignment between study design, enrollment assumptions, timelines, and financial projections.
- Partner with clinical operations teams to monitor study enrollment, site activation, and training activities to ensure accurate forecasting of clinical study spending.
- Provide financial leadership for external research and investigator-sponsored research programs, including planning, forecasting, and financial tracking.
- Partner with the Mitral and Tricuspid Therapy Development leader to provide financial reporting and forecasting as well as support allocation of clinical budgets across development programs based on study design, enrollment expectations, and program priorities.
- Deliver consolidated reporting, key metrics, and financial insights to support leadership decision making across the clinical research portfolio.
- Drive financial rigor and transparency across clinical research investments, supporting governance reviews and long-range planning.
- Identify opportunities to improve forecasting accuracy, financial processes, and reporting tools supporting the clinical research organization.
Benefits
- 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
- 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)
- Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Principal
