We anticipate the application window for this opening will close on - 2 Jun 2025

 

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

The Principal Financial Analyst reports to the Director of Global Operations Finance and leads the business partnership and financial support for the Indirect Supply Management (ISM) organization. This role will partner with Category Leaders, ISM Leadership, and Finance teams across Medtronic to establish metrics, drive cost savings and cash flow initiatives, and implement financial controls

Key activities include:

• Primary business partner for VP of Indirect Supply Management
• Monthly/quarterly analysis and support of savings and cost center results
• AOP/Forecast oversight for the Indirect Supply Management organization; business partnering with all levels of Supply Management and GO&SC Finance
• Savings, Cash Flow, and Project Planning

• Provide financial support for global Indirect Supply Management strategic projects and continuous improvement initiatives:

  • Lead and analyze cash flow improvement initiatives

  • Create and drive spend management focus and control across large global expense pools

  • Support category management strategies, including savings analysis and supplier rationalization projects
     

• Analyze and communicate period-end (monthly/quarterly) results:

  • Perform monthly/quarterly analysis of Global Indirect Supply Management KPI’s/metrics including communications with GOSC Finance and Supply Management partners 

  • Develop and manage financial updates for monthly Global Indirect Supply Management reporting packages, including MFRs, presentations to Supply Management leadership, and CFO reviews

  • Business partner with Indirect Supply Management Global Category Leaders and Supply Management Finance peers across MDT to ensure consistent performance measurement/metrics

  • Provide cost center management and support to ensure achievement of AOP targets, forecasts, and spend analysis
     

• Serve as Finance subject matter expert in ISM savings project reporting and Planisware tracking system
   

• Partner with global category leaders to support financial modeling, business case development, and performance measurement for new sourcing initiatives and CapEx investments

Be part of a dynamic team to implement change, improve visibility, and drive impactful results across the Indirect Supply Management organization.

Must Haves

• Bachelors degree in Accounting or Finance
• Minimum of 7 years of relevant experience, or advanced degree with a minimum of 5 years relevant experience

Nice to Haves

• Exposure to Operations and accounting for Operations
• Experience with Spend, OneStream,  SAP, & Planisware
• Hyperion Essbase, Hyperion Financial Management
• Solid accounting (GAAP), financial and business management foundation
• Experience in navigating and working within a matrix organization
• Proficient in Microsoft Excel, Word, PowerPoint
• Strong verbal and written communication skills

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