Principal Financial Analyst

Medtronic•Minneapolis, MN
•$110,400 - $165,600•Onsite

About The Position

The Corporate Core Financial Planning & Analysis (FP&A) team supports Medtronic’s global planning, forecasting, performance reporting, and long-range strategic planning processes. The team partners closely with Corporate Finance, Investor Relations, Treasury, Tax, and business and functional leaders across the company to provide financial insights that support enterprise decision-making and long-term value creation. 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 support global financial planning, forecasting, and reporting activities through detailed analysis, financial modeling, and executive-ready reporting. You will partner with finance leaders across the organization to evaluate business performance, monitor key performance indicators (KPIs), and provide insights that support strategic and operational decision-making.

Requirements

  • Bachelor's degree and 7+ years of accounting or finance experience OR Master's degree and 5+ years of accounting or finance experience.
  • Experience in financial planning and analysis, budgeting, forecasting, financial reporting, and financial modeling.
  • Experience developing and interpreting financial analyses, business performance metrics, and key performance indicators (KPIs).
  • Experience partnering with senior leaders and cross-functional stakeholders in a large organization.

Nice To Haves

  • Bachelor's degree in Accounting or Finance
  • Experience operating within a complex, global matrix organization.
  • Experience with Power BI, reporting dashboards, automation tools, or AI-enabled finance solutions.
  • Experience leading finance process improvement or reporting optimization initiatives.
  • Master of Business Administration (MBA) or Certified Public Accountant (CPA) designation.
  • Experience within the healthcare, medical device, or other highly 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

  • Develop, maintain, and enhance financial models supporting annual operating plans, forecasts, strategic planning, and performance reporting.
  • Analyze financial results, business trends, variances, risks, and opportunities to support leadership decision-making.
  • Prepare consolidated financial analyses, executive reporting packages, and presentations for Finance leadership.
  • Support annual planning, long-range planning, forecasting, month-end close, and quarterly reporting processes.
  • Monitor and report key performance indicators (KPIs) and provide recommendations based on financial performance trends.
  • Partner with Corporate Finance, Investor Relations, Treasury, Tax, and business teams to improve planning and reporting processes.
  • Validate, maintain, and improve financial data, reporting tools, and analytical processes to enhance accuracy and efficiency.
  • Lead or support special projects focused on process improvement, reporting automation, and financial insights.

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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