Principal Financial Analyst

Medtronic•Minneapolis, MN

1d•$110,400 - $165,600•Onsite

About The Position

This position provides overall FP&A support, coordination, and analysis for Core IT Leadership. The role partners closely with the Finance Director to help manage the Core IT P&L and collaborates with the IT Finance Leadership Team as part of the Global IT FP&A organization. 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.

Requirements

Bachelor’s Degree plus 7+ years of finance or accounting experience (or 5+ years with an advanced degree)
Demonstrate ability to work well in a fast-moving, complex environment.
Display strong influence management and interpersonal skills, strong written and oral communication, and self-motivation to succeed.
Exhibit flexibility in taking on multiple tasks simultaneously, prioritizing effectively, and working independently.
Ability to work effectively under uncertainties.
Ability to translate ideas and financial results into concise presentations for senior management.
Strong quantitative analysis, critical thinking and problem-solving skills.

Nice To Haves

Bachelor’s Degree in Accounting or Finance
MBA/CPA/CMA
Advanced Excel skills and experience with PowerPoint, Outlook, and Word
Familiarity with GFS, SAP, OneStream and PowerBI is a plus
Experience with financial modeling (NPV, IRR, etc.)
Experience interfacing with various levels of management and effectively influencing the decision-making process by taking initiative to communicate appropriate courses of action backed by sound financial analysis.

Responsibilities

Supports Core IT financial planning and reporting by managing forecasts, month-end close, financial statements, and strategic plan inputs.
Serves as a key liaison on accounting standards, compliance, corporate reporting structures, vendor agreement support, and ad hoc business reviews.
Leads Core IT OpEx planning and forecasting activities including: Rolling forecast, LBE, and traditional AOP activities.
Participates in developing and presenting annual business partner training sessions.
Leads finance optimization activities and analysis for Core IT team.
Provides insight of impacts to process and procedure as activities are transitioned to Centers of Excellence.
Works on special requests, projects, and financial presentations for management as required or requested.
Partners with Leadership to ensure spending targets are adhered to through appropriate spending analysis and review.
Summarizes and comments on the function’s financial performance.
Prepares and/or assists with financial modeling for investment that enables effective trade-off and decision making.
Actively partners with IT ISM team to strategically negotiate new and ongoing maintenance agreements.
Plans, investigates, and organizes relevant business information that clearly identifies performance, risks and opportunities in a concise format appropriate for senior management.
Applies quantitative skills to arrive at meaningful conclusions and recommendations.

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
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)