Principal Financial Analyst
Job in
Minneapolis, Hennepin County, Minnesota, 55415, USA
Listed on 2026-06-26
Listing for:
Medtronic Inc.
Full Time
position Listed on 2026-06-26
Job specializations:
-
Finance & Banking
Financial Analyst, Financial Manager, Financial Reporting, Financial Advisor / Consultant
Job Description & How to Apply Below
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the Life
Join Our Dynamic US Sales Finance COE Team at Medtronic
Are you ready to drive the future of finance business partnering at one of the world's leading medical device companies? Join the Sales Finance COE Team. Our team supports 12 unique Operating Units within the Cardiovascular, Neuroscience and Medical Surgical portfolios as well as Global Commercial Operations. We are looking for a highly motivated and skilled financial professional to provide financial planning, forecasting, reporting, and analysis for the Neuromodulation US Sales Organizations.
This position offers the opportunity to collaborate with key stakeholders across various functions, including Sales Finance, Operating Unit CFOs, National Sales Leadership, Sales Compensation and Total Rewards. We are committed to delivering standardized, sustainable, and best-in-class Financial Planning & Analysis (FP&A) support, helping the business unlock its full potential.
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.
Why Medtronic? At Medtronic, we are driven by our Mission to alleviate pain, restore health, and extend life. By joining us, you will play a crucial role in our finance team, shaping strategies that impact lives and contribute to the future of healthcare.
Responsibilities may include the following and other duties may be assigned.
* Financial Planning & Analysis (FP&A):
Support our US Sales Organizations by performing financial planning, forecasting, and reporting of expenses.
* Monthly Reporting & Analysis:
Prepare and present monthly analysis, commentary, and forecasts, identifying key drivers, performance metrics, risks, and opportunities for leadership.
* Standardized Reporting:
Develop and maintain standardized reporting and analytics to streamline processes across all Operating Units.
* Annual Operating Plan (AOP):
Collaborate with Operating Unit finance teams to develop the annual operating plan and re-occurring forecasts.
* Compensation Planning:
Partner with Total Rewards on annual compensation design meetings, identifying key metrics, modeling cost impacts, and calculating quarterly commissions expense.
* Expense Gap Analysis:
Provide critical analysis to identify actions that close expense gaps and ensure financial targets are met.
* Cost Center Management:
Manage all aspects of our US sales cost centers, including planning, forecasting, and maintaining the cost center structure.
* Collaboration with Sales Systems:
Work with the Sales Systems team to optimize system tools and reporting.
* Continuous Improvement:
Use insights and data to drive continuous process improvements.
* Relationship Building:
Maintain strong working relationships with key functions, including Operating Unit Finance, Total Rewards, Sales Compensation, and Financial Systems.
What You'll Bring to the Team
Minimum Qualifications:
* Bachelor's Degree
* 7+ years of work experience in Finance and/or Accounting or an Advanced Degree with 5+ years of experience
Preferred Qualifications:
* 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.
Ready to make a difference?
If you're passionate about financial analysis, business partnering, and driving operational efficiency, we want to hear from you. Join us in supporting Medtronic's mission to transform healthcare and improve lives around the world.
For Baccalaureate degrees earned…
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