Principal Financial Analyst – Electrophysiology Therapies (EPT) Clinical

Application window closes 6 Nov 2026.

About the role

Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year.

The Electrophysiology Therapies (EPT) business at Medtronic is dedicated to improving physician experience, accelerating innovation, strengthening commercial execution, and improving outcomes for patients with cardiac rhythm disorders. The Principal Financial Analyst supporting EPT Clinical Research plays a critical role in enabling the development and clinical validation of next-generation therapies. This role serves as a strategic finance partner to the EPT Clinical Leaders. As a senior individual contributor, the Principal Financial Analyst provides financial leadership across a broad portfolio of pre-market and post-market clinical studies, ensuring strong financial planning, forecasting, and transparency to support key development and regulatory milestones.

This position is an on-site role based in Mounds View, Minnesota and partners closely with clinical, therapy development, and finance leadership. The role operates with a high degree of independence and is expected to influence cross-functional teams without direct authority while supporting critical investment and portfolio decisions across the EPT organization.

Responsibilities

• Serve as the primary finance partner to the Clinical Leadership and team, supporting financial planning, forecasting, and reporting for the global clinical organization.
• Lead financial planning and reporting for the EPT clinical study portfolio, including both pre-market and post-market studies.
• Maintain and enhance financial models supporting clinical studies, ensuring alignment between study design, enrollment assumptions, timelines, and financial projections.
• Partner with clinical operations teams to monitor study enrollment, site activation, and training activities to ensure accurate forecasting of clinical study spending.
• Provide financial leadership for external research and investigator-sponsored research programs, including planning, forecasting, and financial tracking.
• Deliver consolidated reporting, key metrics, and financial insights to support leadership decision making across the clinical research portfolio.
• Drive financial rigor and transparency across clinical research investments, supporting governance reviews and long-range planning.
• Identify opportunities to improve forecasting accuracy, financial processes, and reporting tools supporting the clinical research organization.

Requirements

• Baccalaureate degree (or for degrees earned outside the United States, a degree satisfying the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A)) and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience.

Qualifications

• Experience supporting clinical research, R&D, or product development organizations
• Experience working with clinical study financial models or large program budgets
• Experience partnering with cross-functional stakeholders including clinical, medical, R&D, and operations teams
• Strong financial modeling, forecasting, and long-range planning experience
• Demonstrated ability to influence senior stakeholders and operate effectively within a highly matrixed organization
• Strong executive communication and presentation skills
• Experience working in the medical device, healthcare, or regulated industry
• MBA, CPA, or other relevant advanced certification

Physical Requirements

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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Work Authorization

U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Pay

Salary range for U.S. locations (excluding Puerto Rico and specific locations in California): $110,400.00 - $165,600.00. This position is eligible for the Medtronic Incentive Plan (MIP). 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).

Benefits

• 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
• Simple Steps (global well-being program)
• 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)
• 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. Some benefits may not apply to workers in Puerto Rico.

Schedule

On-site role based in Mounds View, Minnesota. Minimum of 4 days per week on-site as part of Medtronic's commitment to fostering a culture of professional growth and cross-functional collaboration.