Principal Financial Analyst

Medtronic

Principal Financial Analyst supporting Medtronic’s healthcare technology operations. Driving gross-margin analysis, forecasting, cost reconciliation, and savings opportunities across Medical Surgical teams.

Posted 9/4/2026full-timeMinneapolis • Minnesota • 🇺🇸 United StatesLead💰 $110,400 - $165,600 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in financial analysis, cost management, and forecasting within the medical surgical portfolio, leveraging strong analytical skills and knowledge of GAAP. Proven ability to collaborate cross-functionally and influence outcomes through data-driven insights.

Highest-signal resume keywords

Financial AnalysisCost ManagementGAAP KnowledgeSAP ExperienceAnalytical Skills

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Financial ModelingCost Roll ReconciliationData SummarizationForecastingCost Driver Analysis

Soft Skills

CollaborationProblem-SolvingInfluencing OutcomesCommunication

Tools & Technologies

SAPBPCSHyperion SpendCMR

Certifications & Qualifications

MBACPACMA

Industry Keywords

Medical Surgical PortfolioGlobal OperationsSupply ChainProject AccountingFinancial Controls

About the role

Key responsibilities & impact

Develop a deep understanding of product costs and key cost drivers
Gather historical information and summarize data to highlight gross margin trends
Collaborate cross-functionally across Global Operations and Supply Chain and Medical Surgical Portfolio teams
Lead Operating Unit presentations on GOSC impact on Gross Margin analysis
Provide financial performance commentary to various levels of management
Support AOP and quarterly forecasts
Ensure forecasts are accurate by Operating Unit and allocations/targets are understood and consistently applied
Increase visibility to cost drivers within cost pools
Identify opportunities for cost savings
Lead cost roll reconciliation for specific Operating Units within the MedSurg Portfolio
Summarize cost-change impacts and review them with cross-functional teams
Perform onsite office-role duties requiring independent mobility, computer interaction, and communication with peers and co-workers

Requirements

What you’ll need

Bachelor's degree and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience
Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP)
Proven experience leveraging SAP, BPCS, Hyperion Spend, CMR, or similar enterprise systems
Strong analytical, financial modeling, and problem-solving capabilities
Ability to influence outcomes through data-driven recommendations
For Baccalaureate degrees earned outside of the United States, a degree satisfying 8 C.F.R. § 214.2(h)(4)(iii)(A) is required
MBA, CPA, and/or CMA certification preferred
Working knowledge of Project Accounting and financial controls preferred
Experience partnering with operations teams within a manufacturing environment preferred
For U.S. roles below Principal level, unrestricted U.S. work authorization is required at hire and throughout employment; this Principal-level role may qualify for U.S. sponsorship

Benefits

Comp & perks

Competitive salary and flexible benefits package
Short-term incentive: Medtronic Incentive Plan (MIP)
Health insurance
Dental insurance
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
Capital Accumulation Plan for Vice Presidents and above, or subject to IRS earning minimums
Temporary employees eligible for paid sick time as required by applicable state law and Employee Stock Purchase Plan