We anticipate the application window for this opening will close on - 24 Jan 2025

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

Team is working hybrid and position will be onsite 3 days/week.

The Principal Financial Analyst role is a do-er and problem-solver who is excited for the challenge of creating clear and actionable data insights for executive-level updates, supporting complex financial models, tracking KPI’s, and assisting in making sound data-driven decisions.

As a key member of the Corporate Core FP&A team, this role will be responsible for detailed financial analysis supporting Medtronic’s key global planning and reporting processes, including annual budgeting (AOP), quarterly forecasting, strategic planning support, and critical monthly and quarterly reporting updates. This position will have frequent exposure to the executive leadership and will work closely with other members of the Corporate Finance, Investor Relations, Treasury, and Tax teams as well as key business and functional teams across the company. The Principal Financial Analyst will play a critical role in maintaining detailed financial models, compelling consolidated results summaries, and high-profile reporting packages, in addition to providing insights on financial results and critical updates on financial outlook.

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

• Ensure accurate and timely data collection, validation, and maintenance for FP&A activities.

• Regularly review, refine and improve upon data processes and tools to increase quality, reliability and reduce time of report preparation to enhance efficiency and accuracy.

• Prepare analyses and materials to effectively communicate business performance and trends to leadership teams

• Collaborate with cross-functional teams to improve planning and reporting processes

• Support annual and long-range budgeting, forecasting and month-end close reporting processes

• Support the tracking and reporting of key performance indicators (KPIs)

• Analyze financial data to identify trends, variances, and opportunities for improvement

• Prepare ad-hoc financial analyses and reports as needed

• Support and oversee special projects and initiatives as necessary; drive innovation in processes, systems, and reporting to improve global insights

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

• Bachelor’s Degree in Accounting or Finance or MBA, CPA or CMA

• Proficiency in Microsoft Office, especially Excel and PowerPoint, including advanced functions like pivot tables, vlookups, sumifs

• Exceptional spreadsheet modeling and presentation skills

• Strong analytical and problem-solving abilities

• Ability to interpret complex financial data and translate it into an easily understood format and narrative

• Works comfortably with incomplete information and deals with ambiguity in a dynamic environment

• Detail oriented and organized self-starter with strong work ethic

• Team-player with the ability to handle simultaneous projects and changing priorities in a fast-paced environment

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.

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):$103,200.00 - $154,800.00This 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, andSimple 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), andCapital 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 90,000+ 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.