Medtronic

Principal Financial Analyst

Medtronic • $110K — $165K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and 7+ years of accounting or finance experience OR Master's degree and 5+ years of accounting or finance experience.
  • Experience in financial planning and analysis, budgeting, forecasting, financial reporting, and financial modeling.
  • Proven ability to develop and interpret financial analyses and KPIs.
  • Experience collaborating with senior leaders and cross-functional stakeholders in a large organization.

Responsibilities

  • Develop, maintain, and enhance financial models for plans, forecasts, and reports.
  • Analyze financial results, trends, variances, risks, and opportunities for decision-making support.
  • Prepare comprehensive financial analyses and executive reporting for leadership.
  • Support annual planning, month-end close, and quarterly reporting processes.
  • Monitor KPIs and offer recommendations based on performance trends.
  • Collaborate with various corporate functions to improve planning and reporting processes.
  • Lead or assist special projects aimed at process improvement and financial insights.

Benefits

  • Health, dental, and vision insurance.
  • Healthcare Flexible Spending Account and Health Savings Account.
  • Life insurance and long-term disability leave.
  • Tuition assistance/reimbursement.
  • 401(k) plan with employer contribution and match.
  • Paid time off and paid holidays.
  • Employee Stock Purchase Plan and short-term disability.
Full Job Description
We anticipate the application window for this opening will close on - 9 Oct 2026

A Day in the Life

The Corporate Core Financial Planning & Analysis (FP&A) team supports Medtronic's global planning, forecasting, performance reporting, and long-range strategic planning processes. The team partners closely with Corporate Finance, Investor Relations, Treasury, Tax, and business and functional leaders across the company to provide financial insights that support enterprise decision-making and long-term value creation.

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

As a Principal Financial Analyst, you will support global financial planning, forecasting, and reporting activities through detailed analysis, financial modeling, and executive-ready reporting. You will partner with finance leaders across the organization to evaluate business performance, monitor key performance indicators (KPIs), and provide insights that support strategic and operational decision-making.

Primary Responsibilities
  • Develop, maintain, and enhance financial models supporting annual operating plans, forecasts, strategic planning, and performance reporting.
  • Analyze financial results, business trends, variances, risks, and opportunities to support leadership decision-making.
  • Prepare consolidated financial analyses, executive reporting packages, and presentations for Finance leadership.
  • Support annual planning, long-range planning, forecasting, month-end close, and quarterly reporting processes.
  • Monitor and report key performance indicators (KPIs) and provide recommendations based on financial performance trends.
  • Partner with Corporate Finance, Investor Relations, Treasury, Tax, and business teams to improve planning and reporting processes.
  • Validate, maintain, and improve financial data, reporting tools, and analytical processes to enhance accuracy and efficiency.
  • Lead or support special projects focused on process improvement, reporting automation, and financial insights.


Required Qualifications
  • Bachelor's degree and 7+ years of accounting or finance experience OR Master's degree and 5+ years of accounting or finance experience.
  • Experience in financial planning and analysis, budgeting, forecasting, financial reporting, and financial modeling.
  • Experience developing and interpreting financial analyses, business performance metrics, and key performance indicators (KPIs).
  • Experience partnering with senior leaders and cross-functional stakeholders in a large organization.


Preferred Qualifications
  • Bachelor's degree in Accounting or Finance
  • Experience operating within a complex, global matrix organization.
  • Experience with Power BI, reporting dashboards, automation tools, or AI-enabled finance solutions.
  • Experience leading finance process improvement or reporting optimization initiatives.
  • Master of Business Administration (MBA) or Certified Public Accountant (CPA) designation.
  • Experience within the healthcare, medical device, or other highly regulated industries.

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. a7 214.2(h)(4)(iii)(A) is required.

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.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Recruitment Fraud Alert

We are aware of phishing scams targeting job seekers. Please keep the following in mind:

Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official [redacted].com email addresses.

Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate.

If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments.

If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at [redacted].

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):$110,400.00 - $165,600.00

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).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees: 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 (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

About Medtronic

Medtronic plc is an Irish-domiciled multinational medical device company that develops and manufactures medical device technologies and therapies to treat chronic diseases worldwide. Medtronic was founded in 1949 in Minneapolis, Minnesota, as a medical equipment repair shop. Today, the company operates in more than 160 countries and employs over 90,000 people. Medtronic's primary products include implantable pacemakers and defibrillators, insulin pumps, spinal and neurostimulation devices, surgical tools, and patient monitoring systems. The company is committed to improving patient outcomes and expanding access to healthcare through innovative medical technologies.
Learn more about Medtronic
Size
95,000 employees
Market Cap
$102.7 billion
Industry
Net Income
$2.8 billion
Founded
1949
5 Year Trend
+1.3%
Revenue
$27.9 billion
NASDAQ

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