Principal Financial Analyst

    • Medtronic
  • Minneapolis, MN
  • Posted 57 days ago | Updated 5 hours ago


On Site
Full Time


Market share
Customer experience
Decision support
Aspect-oriented programming
Enterprise architecture
Corrective and preventive action
Financial modeling
Cash flow
Analysis of variance
Financial analysis
Financial planning
Business acumen
Analytical skill
Project management
Return on investment
Risk assessment
Microsoft Excel
Business Objects
Microsoft Power BI
Health care

Job Details

Careers That Change Lives

The Principal Financial Analyst role within the US Enterprise Accounts and Service (US EA&S) Finance team will partner with the US Enterprise Accounts & Specialty Channels commercial team to drive improved margins, growth, market share, and enhancing the customer experience for the largest customers in the US. This position will provide analytical insights and business decision support to the Finance Director of US EA&S and associated VP's and direct leadership teams of the Enterprise Account & Specialty Channels Sales organization. This position will assist the AOP (Quota) process, reporting and deep dive analytics, and provide key financial insights on operating and strategic plans to generate an appropriate financial return; generates forecasts and analyzes trends in sales, gross margin, and selling, marketing and administrative cost structures.

We believe that when people from different cultures, genders, and points of view come together, innovation is the result - and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive.

Team is working hybrid and will be onsite 3-4 days/week.

A Day in the Life

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

  • Coordinate the AOP (Quota) process for the EA&S sales organization.
  • Generate quarterly forecasts and manage the financials to ensure achievement of key performance metrics.
  • Review monthly, quarterly, and annual financial performance versus plan and forecast.
  • Complete deep dive analysis and reporting required by business including Quarterly Business reviews (QBR's), Monthly Financial Reviews (MFRs) and various ad hoc analysis.
  • Identify risks, opportunities, and gaps to forecast and plan. Identify and recommend corrective action plans to mitigate key risks.
  • Support the company's growth plan by analyzing and reporting performance of growth initiatives and identifying key performance indicators.
  • Partner and support the Sales Finance COE on expense reporting, forecasting and planning at a cost center level.
  • Performs and analyses financial modeling, economic research, trends and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, and cost against budget, variance analysis, forecasting, financial planning, and strategic plans
  • Special projects including, but not limited to, financial analysis and modeling related to proforma assessment with alternate sites growth opportunities and support Specialty Channels growth initiatives.

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

  • 5+ years of Financial planning and analysis experience
  • Broad knowledge of various financial disciplines, including Commercial Finance support
  • Strong business acumen, ability to negotiate and influence decision making.
  • Analytical, Interpersonal, Organizational, and Project Management exposure
  • Successfully deal with Ambiguity and Change, Comfort Around Higher Management, and Presentation skills
  • Experience with Proforma modeling, ROI and risk assessment
  • Experience working in a large multi-national environment
  • Ability to analyze and identify key issues, convey results and present alternatives in a concise manner to Senior Management
  • Broad understanding of the business and processes and able to make necessary linkages of business factors to the impact on plan and results
  • Advanced experience with MS Excel and Database tools
  • Experience with SAP, Boxi, Tableau, Power BI

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.

Benefits & Compensation

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. This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). Learn more about MIP and benefits here.

The provided base salary range is used nationally (except in certain CA locations). The rate offered is compliant with federal/local regulations and may vary by experience, certification/education, market conditions, location, etc.

Physical Job Requirements

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. (ADA-United States of America)
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.