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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 Operations Finance 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.

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

• Performs and analyzes financial modeling, economic research, trends and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, and cost against budget, variance analysis, forecasting, financial planning and expense comparisons by analysis of profit and loss statements and/or income statements.

• Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management.

• Develops, maintains, and establishes operational specifications for financial information systems considering such things as information flow, volume, ad hoc reporting, and analysis.

• May provide analysis on business development and may monitor business performance by unit, division or group.

• 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

Must Have: Minimum Requirements

• Bachelor Degree required

• Minimum 7 years of relevant experience or advantage degree with a minimum of 5 years of relevant experience

Nice to Have:

• Financial Plannng & Analysis work experience, including costing knowledge

• 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

• 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 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.

Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)

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 (http://www.medtronic.com)

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.

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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.

We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.

We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.

This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…

• Build a better future, amplifying your impact on the causes that matter to you and the world

• Grow a career reflective of your passion and abilities

• Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning

These commitments set our team apart from the rest:

Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.

Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.

Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.

Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care

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.

For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .

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