Principal Financial Analyst
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. This role will be responsible for supporting the US Commercial organization, providing forward looking revenue analysis and scenario modeling that informs strategic and operational outcomes. This role will collaborate and help drive revenue growth, pricing, margin and inventory initiatives, and new product launches etc. This role will also be expected to step into IBP at various points in the process and will be the primary contact for revenue forecasting. If you are looking to work in an exciting, collaborative environment while expanding your business acumen and partnering skills, come join Endoscopy Finance! This Principal Financial Analyst role is the strategic & business partner to the US Commercial organization and reports Endoscopy Finance Director. This role will be responsible for supporting the US Commercial organization, providing forward looking revenue analysis and scenario modeling that informs strategic and operational outcomes. This role will collaborate and help drive revenue growth, pricing, margin and inventory initiatives, and new product launches etc. This role will also be expected to step into IBP at various points in the process and will be the primary contact for revenue forecasting. 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 a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. This is an onsite role located at our Mounds View, MN campus.
Requirements
- Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)
- 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.
- The employee is also required to interact with a computer, and communicate with peers and co-workers.
Nice To Haves
- BA/BS Degree in Accounting, Finance or Business
- Strong analytical and problem-solving skills, with the ability to prioritize, improve processes, and multi-task, in a high-paced environment
- Strong business acumen: ability to learn/understand the business and influence key stakeholders at various management levels to drive and increase value to the organization
- Positive attitude, with a high degree of initiative and accountability
- Motivated to work independently with limited manager oversight
- Preference is for position to be based onsite in MN
- MBA/CPA
- Excellent written/oral communication, presentation and influencing skills
- Experience with MDT financial/reporting systems (SAP, Hyperion, CMR, SPEND, BOXI) and proficient in Microsoft Office applications (especially Excel and PowerPoint)
Responsibilities
- Serve as the strategic finance partner to the US Commercial organization
- Deliver actionable sales and profitability insights through data-driven analysis to accelerate revenue and margin growth
- Lead revenue forecasting, variance analysis, and annual planning for US business.
- Identify risks and opportunities and help drive actions to meet revenue commitments
- Partner with Marketing and Operations to develop and execute pricing and margin improvement initiatives
- Serve as a key finance contributor to IBP, including supply/demand alignment, allocations, and inventory management (lifecycle management, rationalization)
- Develop field revenue quotas and deliver performance-to-quota reporting and analysis
- Proactively navigate change and adapt analyses and priorities to evolving business needs
- Support long-range planning and investment decisions through strategic scenario modeling and business case analysis
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
