Full-Time

Principal Financial Analyst

Posted on 1/10/2025

Medtronic

Medtronic

10,001+ employees

Develops and manufactures medical devices and therapies

Biotechnology
Healthcare

Compensation Overview

$103.2k - $154.8kAnnually

+ Short-term Incentive Plan

Senior, Expert

Brooklyn Park, MN, USA + 1 more

More locations: Minneapolis, MN, USA

Hybrid position in Minneapolis, MN.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking

You match the following Medtronic's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)
Responsibilities
  • Capital - forecasting, audit review, business case analysis, work closely with COE
  • Programmatic Savings - Work closely with OPEX team, review and support savings projections
  • Zero Loss Events - prepare finance documents and participate in event
  • Project support - work Operations to verify key projects and related expense
  • Inventory - work with COE to resolve reconciliation issues, review COE E & O reserve analysis
  • AME support - attend key meetings, review monthly chargebacks, work with OU Finance teams on development projects
  • Attend daily TIER III meetings and provide Finance support as needed
  • MPS and Gemba support
  • Campus site strategy and business case support
  • Month End close review of COE activity and variance analysis
  • AOP/Forecasting- work with COE's on volume, spend, labor efficiency, scrap, SOGL, labor and burden rates, standard setting

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals and healthcare professionals around the world. Medtronic stands out from competitors by not only focusing on product development but also offering comprehensive services such as training for healthcare providers and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its advanced medical solutions.

Company Stage

IPO

Total Funding

$3.2M

Headquarters

Fridley, Minnesota

Founded

1949

Simplify Jobs

Simplify's Take

What believers are saying

  • CE Mark approval for BrainSense™ aDBS boosts Medtronic's EU market share.
  • CMS analysis could increase adoption of Symplicity™ Spyral in the U.S.
  • Exclusive Contego agreement strengthens Medtronic's U.S. carotid market position.

What critics are saying

  • Emerging competitors like Fire1 challenge Medtronic's cardiovascular market share.
  • Exclusive agreements may limit flexibility in adapting to market changes.
  • Regulatory changes in EU could delay new product launches like BrainSense™ aDBS.

What makes Medtronic unique

  • Medtronic leads in personalized Parkinson's treatment with BrainSense™ Adaptive DBS technology.
  • The company has a strong cardiovascular portfolio, including the Symplicity™ Spyral system.
  • Medtronic's strategic partnerships enhance its orthopedic and carotid market presence.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

INACTIVE