Principal Financial Analyst - CRM Finance at Medtronic in Mounds View, Minnesota

Job Description:

We anticipate the application window for this opening will close on - 2 Dec 2024

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 the Cardiac Rhythm Management (CRM) finance team supporting the Technology Development Center (TDC)/Research & Development (R&D) organization.

The Principal Financial Analyst will report to the CRM TDC Sr. Finance Manager and support a subset of the CRM TDC organization by collaborating closely with Advanced Development, Product Security and Privacy, and Finance function leadership. In this role you will get hands on experience with financial analyses, support project planning/reporting, gain insight into the future technology pipeline and priorities, and serve as the primary Finance partner. The primary responsibilities of the position include completion of month-end financial activities (processing, understanding and investigation of results and variance drivers), creation of financial forecasts/plans, ownership of TDC capital process, and collaboration with business partners to drive financial execution and support foundational financial acumen.
TDC Finance support:

• Serve as functional partner to the Advanced Development and Product Security & Privacy leadership teams and provide financial analysis and support/creation of financial plans/actions that drive business decisions and results.

• Provide support to the TDC Sr Finance Manager and TDC Finance Director in financial planning and administration, forecasting, and measurement/understanding of the Annual Operating Plan (AOP), forecasts, and Strategic Plan.
• Execute standard period and quarter end financial close activities and support business reviews through standard and ad-hoc reporting and analyses.

• Provide financial expense reporting and analysis, ensuring spending is within budget and company policies.

• Drive the TDC Capital process, including driving the AOP and quarter-end reporting processes.

• Assist in the education and development of business partner financial acumen and reporting tools.

• Drive efficiency/improvement of related finance processes in support of the organization.

MUST HAVE (Minimum Qualifications)

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

NICE TO HAVE (Preferred Qualifications)
• Bachelor's degree in Accounting or Finance

• MBA/CPA/CMA

• Proficiency in Microsoft Office Applications (Excel and PowerPoint) and strong ability to work in financial/reporting systems (SAP, GFS, Spend, Hyperion)
• Experience in a global organization
• Experience interfacing and influencing various levels of management
• Strong attention to detail
• Strong executive communication skills, both written & verbal
• Ability to operate within a complex organization and various levels of management
• Ability to manage tight time commitments in a high-pressure position
• High degree of initiative and self-motivation

• Experience with Microsoft Excel, Word, PowerPoint

• Demonstrated ability to work effectively in a team environment

• Strong organization and prioritization skills

• Analytical and problem-solving skills including the ability to identify key trends and drivers and the proven experience translating financial data into meaningful, concise information

• Experience with business partnering

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.