Principal Financial Analyst

Medtronic • Mounds View, MN

1d • $108,000 - $162,000 • Onsite

About The Position

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 the Cardiac Rhythm Management (CRM) finance team supporting the Cardiac Pacing Therapies Business (CPT)! The Principal Financial Analyst will report to the CPT Sr Finance Director and support the CPT Marketing organization by collaborating closely with the VP of Commercial Marketing and the VP of Strategy. In this role you will get hands on experience and insights into various types of analyses to support the business and will be a voice for the finance organization. The primary responsibilities of this position are to perform and analyze financial models, identify market trends, complete month-end financial activities and investigate variance drivers, build financial forecasts, analyze P&L statements, and provide financial insights to CPT leadership to drive financial execution. 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.

Requirements

• Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (5+ years with an Advanced degree)
• Experience with Microsoft Excel, Word, PowerPoint
• Experience with business partnering
• 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.

Nice To Haves

• Demonstrated ability to work effectively in a team environment
• Strong organization and prioritization skills
• Analytical and problem-solving skills including the ability to identify key trends and drivers and the proven experience translating financial data into meaningful, concise information
• Bachelor’s degree in Accounting or Finance
• MBA/CPA/CMA
• Strong ability to work in financial/reporting systems (SAP, GFS, Spend, BOXI, Hyperion)
• Experience in a global organization
• Experience interfacing and influencing various levels of management
• Strong attention to detail
• Strong executive communication skills, both written & verbal
• Ability to operate within a complex organization and various levels of management
• Ability to manage tight time commitments in a high-pressure position
• High degree of initiative and self-motivation

Responsibilities

• Finance Marketing support: Business partner to the CPT Marketing leadership team providing financial analysis and support that drives business decisions.
• Provide support to the CPT Sr Finance Director in financial planning and administration, forecasting and measurement, the Annual Operating Plan (AOP), Forecast, Strategic Planning, and IBP.
• Execute standard period and quarter end financial close activities, cost center reporting, and support business reviews through standard and ad-hoc reporting and analyses.
• Provide financial expense reporting and analysis, ensuring spending is within budget and company policies.
• Drive financial analysis in support of Gross Margin strategies and projects to include financial modeling, forecasting, AOP, Strategic Planning and business counseling with the broader business, including rationalization and product mix.
• Participate in functional and cross-functional groups as finance representative.
• Provide guidance on significant operating issues, such as investments, project costs, valuation analysis, and process improvements.
• Search for potential areas of exposure and recommend ways to mitigate risk.
• Participate in regular business processes including Strategic Plan, Economic Value assessment, and Project Prioritization.
• Responsible for consolidating and coordinating the collection of financials in support of management reviews such as QBRs, IBP and AOP meetings.
• Drive efficiency/improvement of related finance processes in support of the organization.

Benefits

• Medtronic offers a competitive Salary and flexible Benefits Package
• We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
• 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).
• 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).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level