Principal Financial Analyst

A Day in the Life

Principal Financial Analyst – Global Operations and Supply Chain (GO&SC) Finance: Project Execution

Any Location, Minneapolis, MN preferred

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4-5 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Relocation assistance is NOT available for this role.

This position will reside on a centralized Project Evaluation team providing consistent, objective financial analysis for strategic capital investment projects across GO&SC. The team delivers authoritative business case evaluation to support leadership decision-making across a diverse portfolio of projects including Network Design, Automation, Supplier Optimization, Capacity, VAVE, Sterilization, Real Estate, Digitalization, and related initiatives. Predictable results, transparent analysis, and strong business partnership are the benchmark. This role will partner with teams across Manufacturing Platforms, Strategy & Technology Organization, and other GOSC functions to ensure business cases are complete, consistent, and aligned to enterprise value creation.

Responsibilities

• Serve as a business partner to project teams, strategy owners, and Finance Business Partners to provide objective financial insights and decision support on capital investment projects
• Lead business case evaluation, including financial modeling, savings calculations, and scenario analysis using standardized analysis tools such as the EAT
• Pressure-test assumptions, risks, and financial inputs; provide independent, unbiased challenge to ensure rigor and completeness of analyses
• Utilize Planisware (PLW) as the system of record for project intake, tracking, and reporting; support consistent project hygiene and visibility across portfolios
• Contribute to the development and application of standardized evaluation methodologies, checklists, and templates across the Project Evaluation team
• Present financial analyses, key assumptions, risks, and recommendations in a clear, concise, and decision-ready format to leadership
• Participate in peer / challenge reviews to ensure quality, consistency, and alignment across business cases prior to leadership handoff
• Support continuous improvement of evaluation processes, tools, and reporting to enhance efficiency and value creation
• Build strong cross-functional relationships and collaborate effectively across a global, matrixed organization

Qualifications

Must Have: Minimum Requirements

• 7+ years of work experience in finance and/or accounting with a bachelor’s degree or 5 years of experience with an advanced degree

Nice to Have

• Collaborator with excellent verbal and written communication skills
• Comfort with ambiguity and change management
• Active team member that will implement change, improve visibility, and drive impactful results across the GO&SC organization
• Strong financial modeling, analytical, and critical thinking skills including a proven ability to translate financial data into actionable insight
• Exposure to Operations and/or accounting for Operations
• Experience in navigating and working within a matrix organization
• Experience with Medtronic financial systems including SAP, One Stream, and Planisware
• Cost Accounting Experience
• Solid accounting (GAAP), financial and business management foundation
• Proficient in Microsoft Excel, Word, PowerPoint

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.