Skip to content
Principal Financial Analyst
| Company | Medtronic |
|---|
| Location | Brooklyn Park, MN, USA |
|---|
| Salary | $103200 – $154800 |
|---|
| Type | Full-Time |
|---|
| Degrees | Bachelor’s |
|---|
| Experience Level | Senior, Expert or higher |
|---|
Requirements
- Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)
Responsibilities
- Support our US Sales Organizations by performing financial planning, forecasting, and reporting of expenses.
- Prepare and present monthly analysis, commentary, and forecasts, identifying key drivers, performance metrics, risks, and opportunities for leadership.
- Develop and maintain standardized reporting and analytics to streamline processes across all Operating Units.
- Collaborate with Operating Unit finance teams to develop the annual operating plan and re-occurring forecasts.
- Partner with Total Rewards on annual compensation design meetings, identifying key metrics, modeling cost impacts, and calculating quarterly commissions expense.
- Provide critical analysis to identify actions that close expense gaps and ensure financial targets are met.
- Manage all aspects of our US sales cost centers, including planning, forecasting, and maintaining the cost center structure.
- Work with the Sales Systems team to optimize system tools and reporting.
- Use insights and data to drive continuous process improvements.
- Maintain strong working relationships with key functions, including Operating Unit Finance, Total Rewards, Sales Compensation, and Financial Systems.
Preferred Qualifications
- Experience in Financial Planning & Analysis (FP&A), including revenue and expense analytics.
- Strong analytical skills and the ability to identify key trends and drivers.
- Excellent communication and presentation skills, with the ability to translate financial data into clear, actionable insights for management.
- Strong organizational and time management skills, with the ability to manage multiple tasks and changing priorities.
- Expertise in using systems and data to provide insightful analysis and implement actionable recommendations.
- High level of business acumen and the ability to influence stakeholders at various levels of the organization.
- Ability to work independently and self-motivate with limited oversight.
- Experience managing projects that require high collaboration across teams and building relationships.
- Familiarity with Medtronic financial systems, including SAP, Onestream, Essbase and Hyperion.
- Advanced proficiency with Microsoft Office tools such as Excel, PowerPoint, and Word.
- An MBA or CPA designation is a plus.
