Principal Financial Analyst - Brain Modulation

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

About The Position

The Principal Financial Analyst will join Medtronic’s Neuromodulation Finance team and support the financial aspects of strategic market development, product development, and released product management for the Brain Modulation business. This business serves patients with Deep Brain Stimulation therapy and MRI-guided laser ablation technology for cranial neurosurgery. The role prepares financial analysis and leadership presentations, develops forecasts, supports financial close and project accounting, and provides recommendations to guide business and portfolio decisions. The position requires working onsite at least four days per week to support professional growth and cross-functional collaboration.

Requirements

  • Bachelor’s degree and at least 7 years of work experience in Finance and/or Accounting, or an advanced degree and at least 5 years of work experience.
  • Strong analytical and problem-solving skills, including the ability to identify key trends and drivers and translate financial data into meaningful, concise information.
  • Strong consultative skills and the ability to articulate analytical outcomes and relevant insights to business leaders and internal customers.
  • Experience with Microsoft Excel, Word, and PowerPoint.
  • For baccalaureate degrees earned outside the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

Nice To Haves

  • CPA or MBA in a relevant area.
  • Experience with Hyperion, SAP, and Anaplan.
  • Medical device or healthcare industry experience.

Responsibilities

  • Prepare comprehensive financial analyses and presentations for leadership, and interpret financial results for finance and business teams.
  • Develop and monitor the annual operating plan, forecasts, and latest best estimates to ensure accurate financial projections.
  • Conduct in-depth financial analysis to guide strategic decisions, provide recommendations, and influence the future direction of Brain Modulation.
  • Investigate financial results and prepare or assist with key month-end close activities.
  • Support Brain Modulation Core Teams, project accounting processes, systems, and reporting.
  • Attend and support certain IBP and PRC meetings and facilitate strategic discussions about portfolio decisions and gaps.
  • Communicate effectively and deliver clear presentations, influencing stakeholders across the organization to implement enterprise goals and initiatives.
  • Partner with marketing and the therapy director to evaluate investment opportunities.
  • Lead and evaluate analyses, draw conclusions, develop recommendations and solutions, and design content for executive-level presentations.
  • Lead or support ad hoc projects, including serving as a key financial lead on multifunctional projects.
  • Provide ad hoc analysis and business-partner support.

Benefits

  • Competitive salary and flexible benefits package.
  • Short-term incentive through the Medtronic Incentive Plan (MIP).
  • Health insurance.
  • Dental insurance.
  • Vision insurance.
  • Health Savings Account.
  • Healthcare Flexible Spending Account.
  • Life insurance.
  • Long-term disability leave.
  • Dependent daycare spending account.
  • Tuition assistance or reimbursement.
  • Global well-being program (Simple Steps).
  • 401(k) plan with 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.
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