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

Join a dynamic finance team in a high growth market that supports the development of new medical device technology with the intent to improve the lives of people living with diabetes.

This Principal Financial Analyst role will support our Global Product Innovation (R&D) organization within the Medtronic Diabetes operating unit. Focused on forecast accuracy, expense management, business partnering, organizational accounting, and month-end close. This position will perform regular quantitative and qualitative analysis on financial performance, manage forecasting updates, assist in establishing annual operating plans, collaborate with global business partners and finance team members to support the business in meeting its objectives & key results.

A Day in the Life

• Prepares and analyzes financial activities such as variance analysis, forecasting, financial planning, rates of return, cash flow, and other investments
• Point of contact regarding monthly analysis, forecasting, and guidance including key drivers, performance metrics, risk and opportunities
• Provide key insight and analysis to identify actions to close target gaps
• Develop and enhance reporting and analytics to leveraged across the organization
• Partner and collaborate with finance colleagues to develop the annual operating plan (AOP), re-occurring forecast, and other ad hoc request
• Develop and maintain strong relationships with key functions including FP&A, Corporate Finance, and other internal business partners
• Participate in month end close by performing cost center analysis, JE postings, reconciliations, and other ad hoc activities as required
• Leverage insights to make continuous improvement to the existing workflows

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Qualifications - ExternalMust Have: Minimum Requirements
 

• Bachelors degree with a minimum of 7 years of relevant experience

OR

• Advanced degree with a minimum of 5 years relevant experience

Nice to Have

• Financial Planning & Analysis (R&D) work experience, including sales expense analytics
• Strong analytical skills, including the ability to identify key trends and drivers.
• Ability to effectively and efficiently utilize systems/data to provide insightful analysis and implement recommendations
• Class III Medical device experience
• Ability to work and thrive in a fast-paced environment and manage multiple and conflicting deadlines and priorities
• Strong business acumen: ability to learn/understand the business and influence key stakeholders at various management levels to drive and increase value to the organization
• High level of initiative and self-motivation
• Ability to work independently with limited manager oversight
• Excellent written/oral communication and presentation skills, including the ability to translate financial data into concise information for management
• Ability to work effectively in a team environment and build strong working relationships
• Experience with projects that require high matrix collaboration, building relationships and influence
• Experience with Medtronic financial systems: SAP, Essbase/Hyperion & Business Objects
• Experience with Microsoft Office tools including Excel, PowerPoint, and Word

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 Res