Principal Financial Analyst

About the role

Join Our Dynamic US Sales Finance COE Team at Medtronic. Are you ready to drive the future of finance business partnering at one of the world’s leading medical device companies?

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.

Requirements

• Bachelor’s Degree in Finance or Accounting
• 7+ years of work experience in Finance and/or Accounting or an Advanced Degree with 5+ years of experience

Preferred Qualifications

• Advanced Degree
• 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
• 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

Benefits

Competitive Salary and flexible Benefits Package including 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).