Principal Financial Analyst – Electrophysiology Therapies (EPT) Clinical

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

About The Position

The Principal Financial Analyst supports Medtronic’s Electrophysiology Therapies (EPT) Clinical Research organization and serves as a strategic finance partner to EPT clinical leaders. This senior individual contributor provides financial leadership across pre-market and post-market clinical studies, supporting planning, forecasting, reporting, and transparency for a broad portfolio of studies and related research programs. The role supports development and regulatory milestones and contributes to investment and portfolio decisions across the EPT organization. The position is based onsite in Mounds View, Minnesota, with a minimum of four onsite workdays per week. It operates with a high degree of independence and requires influencing cross-functional teams without direct authority. The role partners closely with clinical, therapy development, and finance leadership.

Requirements

  • Baccalaureate degree and at least 7 years of relevant experience, or an advanced degree and at least 5 years of relevant experience.
  • For a baccalaureate degree earned outside the United States, the degree must satisfy the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A).

Nice To Haves

  • Experience supporting clinical research, R&D, or product development organizations.
  • Experience with clinical study financial models or large program budgets.
  • Experience partnering with cross-functional stakeholders, including clinical, medical, R&D, and operations teams.
  • Strong financial modeling, forecasting, and long-range planning experience.
  • Ability to influence senior stakeholders and work effectively in a highly matrixed organization.
  • Strong executive communication and presentation skills.
  • Experience in the medical device, healthcare, or regulated industry.
  • MBA, CPA, or another relevant advanced certification.

Responsibilities

  • Serve as the primary finance partner to clinical leadership and the team, supporting financial planning, forecasting, and reporting for the global clinical organization.
  • Lead financial planning and reporting for the EPT clinical study portfolio, including pre-market and post-market studies.
  • Maintain and enhance financial models for clinical studies, aligning study design, enrollment assumptions, timelines, and financial projections.
  • Partner with clinical operations teams to monitor study enrollment, site activation, and training activities for accurate forecasting of clinical study spending.
  • Provide financial leadership for external research and investigator-sponsored research programs, including planning, forecasting, and financial tracking.
  • Deliver consolidated reporting, key metrics, and financial insights to support leadership decision-making across the clinical research portfolio.
  • Drive financial rigor and transparency across clinical research investments, supporting governance reviews and long-range planning.
  • Identify opportunities to improve forecasting accuracy, financial processes, and reporting tools for the clinical research organization.

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.
  • Incentive plans.
  • 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.
  • Capital Accumulation Plan for Vice Presidents and above, or subject to IRS earning minimums.
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