Principal Financial Analyst - Enabling Technologies
MedtronicAbout the role
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
Careers that Change Lives
Neurosurgery Finance is looking for a Principal Financial Analyst who will be the primary support for the Marketing function. This role offers the ability to work cross-functionally with business partners around the globe to develop long-term financial plans by understanding new product launch impacts and changing market conditions. The primary focus areas include financial forecasting, strategic planning, market development and analysis of critical KPI’s to meet strategic initiatives and financial objectives of the business.
Responsibilities may include the following and other duties may be assigned.
Provide best-in-class financial support to Enabling Technologies (ET) Marketing leadership.
Complete annual operating plan (AOP) for the Marketing function inclusive of headcount, expense, and capital investments prioritizing functional needs within spending targets.
Own Strategic Planning process through partnership with U.S. & International teams to align strategic initiatives with financial targets creating a blueprint for long term, sustainable business growth.
Analyze, interpret, and present insights pertaining to Neurosurgery pricing performance across the portfolio of products.
Ownership of product level market share through development of market models and understanding of changing market dynamics.
Lead new product innovation forecast by creating, maintaining, and updating Enrich models in coordination with R&D Finance, R&D, and Marketing.
Analyze large capital unit sales by region, installed base growth, and upgrade potential.
Lead Integrated Business Planning (IBP) processes aligning supply chain with demand plans and financial forecast.
Provide financial insights and recommendations around the Product Lifecycle Management (PLM) process to improve inventory efficiency and free cash flow.
Provide Ad-hoc financial assistance to business partners as needed.
Leverage analytical skills and attention to detail to become a trusted business partner through on time delivery of reliable financial analytics and actionable insights.
Must Have: Minimum Requirements
Bachelor's Degree
Minimum of 7 years of relevant experience, or advanced degree with a minimum of 5 years relevant experience
Nice to Have
MBA or a Master’s degree.
Working knowledge of Hyperion reporting systems.
Experience within the medical industry.
Experience working within a matrix structured organization.
Understanding of the Finance function and processes.
Strong analytical and problem-solving skills including the ability to identify key trends and drivers.
Proven experience translating financial data into meaningful and concise recommendations.
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.
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