Principal Financial Analyst
Medtronic
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
Location: Preferably at a Medtronic Location, but remote work is considered. Other remote locations will be considered for candidates within commuting distance of a Medtronic site. This position follows a hybrid work schedule, being on-site in the office 3-4 days a week.About Medtronic: A career at Medtronic is like no other. We are purposeful, committed, and driven by our mission to alleviate pain, restore health, and extend life for millions worldwide. We can accelerate and advance our ability to create meaningful innovations—but success requires the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
The Operations Innovations Finance team is looking for a Principal Financial Analyst who will primarily focus on business partnering within a Strategic Program within the organization. This role provides unique experiences such as being part of a global team, collaborating with business partners throughout the company, and gaining visibility to senior and executive leadership while gaining insights into various processes and functions across Medtronic.
Responsibilities may include the following and other duties may be assigned.
Provide decision support to the leadership of the Operations Innovation strategic program, becoming a subject matter expert regarding all strategic processes.
Supporting cross-functional project teams with scenario modelling, NPV/ROI analysis, and strategic recommendations.
Drive/Implement/Support continuous improvements in the reporting processes enabling focus on value creation activities
Support the annual planning and quarterly forecasting processes.
Ensure Non-Gaap compliance rules and controls are actively working
Support Cost Center planning (i.e. Resources, Investments, Projects, Capital)
Drive the monthly/quarterly fiduciary reporting of OPC results, cost down metrics and capital investments.
Support presentations of financial results at MOR, business reviews and Global Townhall meetings to senior leadership as well as the larger business partner base.
Required Knowledge and Experience: Requires mastery of a specialty area and full knowledge of industry practices, typically obtained through advanced education combined with experience.
May have broad knowledge of project management. Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)
Nice to Have
Process standardization
Expertise in Microsoft Office, especially advanced Excel modeling experience and PowerPoint. This includes creating pivot tables, VLOOKUPS, SUMIFS, NPV/IRR, and other complex functions.
Experience operating in a complex matrixed environment and interacting across levels and organizations.
Good judgment, problem-solving skills, tact, and discretion in identifying and resolving issues within established guidelines.
Strong communication, interpersonal, and influence management skills.
Experience dealing with ambiguity.
MBA or Advanced Degree.
Operations Finance experience.
Cost Accounting experience.
Knowledge of SAP and Hyperion.
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.
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, and Simple 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), and Capital 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 95,000+ 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.
If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.