Principal Financial Analyst - Structural Heart Clinical

Principal Financial Analyst

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.

This role serves as a strategic finance partner to the Vice President of Structural Heart Clinical Research & Medical Science and Senior Director of Mitral & Tricuspid Therapy Development. As a senior individual contributor, the Principal Financial Analyst provides financial leadership across a broad portfolio of pre-market and post-market clinical studies, ensuring strong financial planning, forecasting, and transparency to support key development and regulatory milestones.

This position is an on-site role based in Mounds View, Minnesota and partners closely with clinical, medical science, therapy development, and finance leadership. The role operates with a high degree of independence and is expected to influence cross-functional teams without direct authority while supporting critical investment and portfolio decisions across the Structural Heart organization.

Responsibilities may include the following and other duties may be assigned:

• Serve as the primary finance partner to the Vice President of Structural Heart Clinical Research & Medical Science, supporting financial planning, forecasting, and reporting for the global clinical research organization.
• Lead financial planning and reporting for the Structural Heart clinical study portfolio, including both pre-market and post-market studies.
• Maintain and enhance financial models supporting clinical studies, ensuring alignment between study design, enrollment assumptions, timelines, and financial projections.
• Partner with clinical operations teams to monitor study enrollment, site activation, and training activities to ensure accurate forecasting of clinical study spending.
• Provide financial leadership for external research and investigator-sponsored research programs, including planning, forecasting, and financial tracking.
• Partner with the Mitral and Tricuspid Therapy Development leader to provide financial reporting and forecasting as well as support allocation of clinical budgets across development programs based on study design, enrollment expectations, and program priorities.
• 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 supporting the clinical research organization.

Must Have: Minimum Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 7 years of relevant finance or accounting experience, or an advanced degree with a minimum of 5 years of relevant experience

Nice to Have

• Experience supporting clinical research, R&D, or product development organizations
• Experience working 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
• Demonstrated ability to influence senior stakeholders and operate effectively within a highly matrixed organization
• Strong executive communication and presentation skills
• Experience working in the medical device, healthcare, or regulated industry
• MBA, CPA, or other relevant advanced certification

Join us in our mission to alleviate pain, restore health, and extend lifewhere your unique background and perspective are valued.

Medtronic offers a competitive Salary and flexible Benefits Package

A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$110,400.00 - $165,600.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: 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, and Simple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees: 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), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans