Principal Financial Analyst
About The Position
Join the Sales Finance COE Team at Medtronic, a global leader in healthcare technology. This team supports 12 unique Operating Units within the Cardiovascular, Neuroscience and Medical Surgical portfolios, as well as Global Commercial Operations. We are seeking a motivated financial professional to provide financial planning, forecasting, reporting, and analysis for the Neuromodulation US Sales Organizations. This role involves collaboration with key stakeholders across Sales Finance, Operating Unit CFOs, National Sales Leadership, Sales Compensation, and Total Rewards. The team is committed to delivering standardized, sustainable, and best-in-class Financial Planning & Analysis (FP&A) support to help the business achieve its full potential. Medtronic emphasizes bringing bold ideas forward with speed and decisiveness to prioritize patients. In-person collaboration is valued, with a minimum of 4 days a week onsite to foster professional growth and cross-functional teamwork. Medtronic's mission is to alleviate pain, restore health, and extend life, and this role contributes to that mission by shaping strategies that impact lives and advance healthcare.
Requirements
- Bachelor’s Degree
- 7+ years of work experience in Finance and/or Accounting or an Advanced Degree with 5+ years of experience
Nice To Haves
- Bachelor’s Degree in Finance or Accounting
- Experience in Financial Planning & Analysis (FP&A), including revenue and expense analytics
- Strong analytical skills and the ability to identify key trends and drivers
- Excellent communication and presentation skills, with the ability to translate financial data into clear, actionable insights for management
- Strong organizational and time management skills, with the ability to manage multiple tasks and changing priorities
- Expertise in using systems and data to provide insightful analysis and implement actionable recommendations
- High level of business acumen and the ability to influence stakeholders at various levels of the organization
- Ability to work independently and self-motivate with limited oversight
- Experience managing projects that require high collaboration across teams and building relationships
- Familiarity with Medtronic financial systems, including SAP, Onestream, Essbase and Hyperion.
- Advanced proficiency with Microsoft Office tools such as Excel, PowerPoint, and Word.
- An MBA or CPA designation is a plus.
Responsibilities
- Support US Sales Organizations by performing financial planning, forecasting, and reporting of expenses.
- Prepare and present monthly analysis, commentary, and forecasts, identifying key drivers, performance metrics, risks, and opportunities for leadership.
- Develop and maintain standardized reporting and analytics to streamline processes across all Operating Units.
- Collaborate with Operating Unit finance teams to develop the annual operating plan and re-occurring forecasts.
- Partner with Total Rewards on annual compensation design meetings, identifying key metrics, modeling cost impacts, and calculating quarterly commissions expense.
- Provide critical analysis to identify actions that close expense gaps and ensure financial targets are met.
- Manage all aspects of US sales cost centers, including planning, forecasting, and maintaining the cost center structure.
- Work with the Sales Systems team to optimize system tools and reporting.
- Use insights and data to drive continuous process improvements.
- Maintain strong working relationships with key functions, including Operating Unit Finance, Total Rewards, Sales Compensation, and Financial Systems.
Benefits
- Competitive Salary
- Flexible Benefits Package
- 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)
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What This Job Offers
Job Type
Full-time
Career Level
Principal
