Principal Financial Analyst

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.

A Day in the Life

This role will be responsible for supporting the US Commercial organization, providing forward looking revenue analysis and scenario modeling that informs strategic and operational outcomes. This role will collaborate and help drive revenue growth, pricing, margin and inventory initiatives, and new product launches etc. This role will also be expected to step into IBP at various points in the process and will be the primary contact for revenue forecasting.

If you are looking to work in an exciting, collaborative environment while expanding your business acumen and partnering skills, come join Endoscopy Finance! This Principal Financial Analyst role is the strategic & business partner to the US Commercial organization and reports Endoscopy Finance Director.

This role will be responsible for supporting the US Commercial organization, providing forward looking revenue analysis and scenario modeling that informs strategic and operational outcomes. This role will collaborate and help drive revenue growth, pricing, margin and inventory initiatives, and new product launches etc. This role will also be expected to step into IBP at various points in the process and will be the primary contact for revenue forecasting.

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.

This is an onsite role located at our Mounds View, MN campus.

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

• Serve as the strategic finance partner to the US Commercial organization
• Deliver actionable sales and profitability insights through data-driven analysis to accelerate revenue and margin growth
• Lead revenue forecasting, variance analysis, and annual planning for US business. Identify risks and opportunities and help drive actions to meet revenue commitments
• Partner with Marketing and Operations to develop and execute pricing and margin improvement initiatives
• Serve as a key finance contributor to IBP, including supply/demand alignment, allocations, and inventory management (lifecycle management, rationalization)
• Develop field revenue quotas and deliver performance-to-quota reporting and analysis
• Proactively navigate change and adapt analyses and priorities to evolving business needs
• Support long-range planning and investment decisions through strategic scenario modeling and business case analysis

Must Have: Minimum Requirements

• Bachelor's Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)

Nice to Have:

• BA/BS Degree in Accounting, Finance or Business
• Strong analytical and problem-solving skills, with the ability to prioritize, improve processes, and multi-task, in a high-paced environment
• Strong business acumen: ability to learn/understand the business and influence key stakeholders at various management levels to drive and increase value to the organization
• Positive attitude, with a high degree of initiative and accountability
• Motivated to work independently with limited manager oversight
• Preference is for position to be based onsite in MN
• MBA/CPA
• Excellent written/oral communication, presentation and influencing skills
• Experience with MDT financial/reporting systems (SAP, Hyperion, CMR, SPEND, BOXI) and proficient in Microsoft Office applications (especially Excel and PowerPoint)

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

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

Benefits & Compensation

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 - $165,600.00This 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

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people. We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here.

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

If you are applying to perform work for Medtronic, Inc. ("Medtronic") in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated