Principal Financial Analyst at Medtronic in Brooklyn Center, Minnesota

Job Description:

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
Act boldly. Compete to win. Move with speed and decisiveness. Foster belonging. Deliver results...the right way. That's the Medtronic Mindset - our cultural norms. Our brand is rooted in action, not just words. The Medtronic Mindset defines the expectations of our culture. Every person here plays a role in bringing it to life. We recognize your extraordinary potential to ensure future generations live better, healthier lives.

If you are looking for a role that provides you an opportunity to lead finance improvement at multiple Medtronic manufacturing sites, come join the Minnesota Twin Cities Campus Operations in Fridley, Brooklyn Park and Plymouth! This position reports to the Senior Finance Manager. The primary responsibilities of this role is to provide Business Partnering support to the manufacturing leadership team, communicating site results, strategy modeling, business case evaluation, MPS and Gemba management and programmatic savings.

This position is a hybrid position in Minneapolis, MN.

Key Responsibilities may include the following and other duties may be assigned.

• Capital - forecasting, audit review, business case analysis, work closely with COE


• Programmatic Savings - Work closely with OPEX team, review and support savings projections


• Zero Loss Events - prepare finance documents and participate in event


• Project support - work Operations to verify key projects and related expense


• Inventory - work with COE to resolve reconciliation issues, review COE E & O reserve analysis


• AME support - attend key meetings, review monthly chargebacks, work with OU Finance teams on development projects


• Attend daily TIER III meetings and provide Finance support as needed


• MPS and Gemba support


• Campus site strategy and business case support


• Month End close review of COE activity and variance analysis


• AOP/Forecasting- work with COE's on volume, spend, labor efficiency, scrap, SOGL, labor and burden rates, standard setting

Must Have: Minimum Requirements

• Bachelor's Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)

Nice to Haves

• You are a team player with a hands-on mentality and are results and quality oriented


• Have the ability to develop business partnering skills with cross functional teams


• Have the ability to successfully master and visualize complex end to end processes and understand the connects between data elements


• Be flexible and supportive to change


• Exposure to and working knowledge of financial systems including ERP's such as SAP


• Work well in a matrixed organization and have strong influencing skills


• Exercises considerable latitude in determining deliverables of assignments, with limited oversight from manager


• Communication skills - able to present and articulate clearly

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.

Salary ranges for U.S (excl. PR) locations (USD):$103,200.00 - $154,800.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. 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).

Medtronic benefits and compensation plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 90,000+ passionate people.
We are engineers at heart- putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here .

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

At Medtronic, most positions are posted on our career site for 3-7 days.