Principal Financial Analyst

Medtronic•Mounds View, MN
•$110,400 - $165,600•Onsite

About The Position

The Electrophysiology Therapies (EPT) Finance team supports the Defibrillation Solutions (DS) business through financial planning, forecasting, reporting, and strategic decision support. The team partners closely with Commercial Marketing, Strategy, and business leadership to evaluate performance, assess market opportunities, and support investment decisions that drive business growth and operational execution. 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. As a Principal Financial Analyst, you will serve as a strategic finance partner to the Defibrillation Solutions Marketing and Strategy organizations. You will provide financial planning, forecasting, reporting, and analytical support to business leaders while delivering insights that inform strategic, operational, and investment decisions.

Requirements

  • Bachelor's degree and 7+ years of finance or accounting experience OR advanced degree and 5+ years of finance or accounting experience.
  • Experience in financial planning, forecasting, budgeting, financial reporting, and variance analysis.
  • Experience developing financial models and performing complex financial analyses.
  • Experience evaluating business performance and providing financial recommendations to support decision-making.
  • Experience partnering with cross-functional stakeholders and business leaders.

Nice To Haves

  • Experience supporting commercial, marketing, strategy, or product portfolio organizations.
  • Experience with P&L management, long-range planning, and strategic investment analysis.
  • Experience with financial reporting tools, business intelligence platforms, or data visualization solutions.
  • Experience operating within a large, matrixed organization.
  • Master of Business Administration (MBA), Certified Public Accountant (CPA), or experience within the medical device, healthcare, or other regulated industries.
  • 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.

Responsibilities

  • Partner with Marketing and Strategy leadership to support financial planning, forecasting, and business decision-making.
  • Develop and maintain financial models to evaluate business performance, market opportunities, and strategic investments.
  • Analyze operating results, key business drivers, and financial trends to provide actionable insights.
  • Lead month-end and quarter-end financial reporting activities, including variance analysis and performance reviews.
  • Build and manage forecasts, budgets, and long-range financial plans.
  • Analyze profit and loss (P&L) statements, identify risks and opportunities, and recommend actions to improve financial performance.
  • Prepare financial reporting, presentations, and business reviews for leadership teams.
  • Support process improvements, reporting enhancements, and ad hoc financial analyses across the 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)
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