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 a dynamic finance team in a high growth market that supports the development of new medical device technology with the intent to improve the lives of people living with diabetes.

This Principal Financial Analyst role will support our Global Product Innovation (R&D) organization within the Medtronic Diabetes operating unit. Focused on forecast accuracy, expense management, business partnering, organizational accounting, and month-end close. This position will perform regular quantitative and qualitative analysis on financial performance, manage forecasting updates, assist in establishing annual operating plans, collaborate with global business partners and finance team members to support the business in meeting its objectives & key results.
A Day in the Life

• Prepares and analyzes financial activities such as variance analysis, forecasting, financial planning, rates of return, cash flow, and other investments


• Point of contact regarding monthly analysis, forecasting, and guidance including key drivers, performance metrics, risk and opportunities


• Provide key insight and analysis to identify actions to close target gaps


• Develop and enhance reporting and analytics to leveraged across the organization


• Partner and collaborate with finance colleagues to develop the annual operating plan (AOP), re-occurring forecast, and other ad hoc request


• Develop and maintain strong relationships with key functions including FP&A, Corporate Finance, and other internal business partners


• Participate in month end close by performing cost center analysis, JE postings, reconciliations, and other ad hoc activities as required


• Leverage insights to make continuous improvement to the existing workflows

Qualifications - External

Must Have: Minimum Requirements

• Bachelors degree with a minimum of 7 years of relevant experience

• Advanced degree with a minimum of 5 years relevant experience

• Financial Planning & Analysis (R&D) work experience, including sales expense analytics


• Strong analytical skills, including the ability to identify key trends and drivers.


• Ability to effectively and efficiently utilize systems/data to provide insightful analysis and implement recommendations


• Class III Medical device experience


• Ability to work and thrive in a fast-paced environment and manage multiple and conflicting deadlines and priorities


• 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


• High level of initiative and self-motivation


• Ability to work independently with limited manager oversight


• Excellent written/oral communication and presentation skills, including the ability to translate financial data into concise information for management


• Ability to work effectively in a team environment and build strong working relationships


• Experience with projects that require high matrix collaboration, building relationships and influence


• Experience with Medtronic financial systems: SAP, Essbase/Hyperion & Business Objects


• Experience with Microsoft Office tools including Excel, PowerPoint, and Word

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 - $154,800.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

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

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).

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.

At Medtronic, most positions are posted on our career site for 3-7 days.