Medtronic · 19 hours ago
Principal Financial Analyst - Portfolio + Finance & Operations
Minneapolis, Minnesota, United States of America
Full-time
Onsite
Senior Level, Lead/Staff
$108K/yr - $162K/yr
5+ years expMedtronic is a global healthcare technology leader committed to alleviating pain and restoring health. They are seeking a Principal Financial Analyst to manage complex financial projects, provide impactful financial solutions, and drive organizational success through data-driven decision-making.
Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedical Device
Responsibilities
Lead enterprise-wide cost optimization strategy across OPC, GOSC burden, tariffs, SOGL, freight, duties, and product support to drive sustainable gross margin expansion, partnering with lead portfolio Operations
Partner with OU and GOSC finance and operations leaders (with dotted-line oversight) to deliver granular cost transparency, identify reduction opportunities, and execute margin improvement programs
Own gross margin driver analysis across the strategic planning horizon, including monthly plan vs. actual variance analysis and forecasting of savings realization. Including Pricing, Mix, partnering with OUs to drive GM improvement
Lead financial performance analysis of top manufacturing sites and develop site-level cost reduction initiatives with operations leadership
Drive inventory and working capital optimization, including unhealthy inventory actions and transportation mode-shift business cases
Provide executive-level reporting, recommendations, and governance to ensure cost savings translate into realized financial results
Develop, maintain, and establish operational specifications for financial information systems, considering factors such as information flow, volume, ad hoc reporting, and analysis
Lead and manage projects, ensuring successful implementation while adhering to organizational policies and standards
Qualification
Required
Mastery of financial analysis and modeling, with full knowledge of industry practices
Required education combined with relevant experience: Bachelor's degree and minimum of 7 years of relevant experience, or Advanced degree with minimum of 5 years of relevant experience
Proven ability to manage large projects or processes independently
Exceptional problem-solving skills, with the ability to develop solutions to moderately complex problems and improve processes, systems, or products
Strong communication and negotiation skills, capable of influencing decision-making and representing the organization with internal and external stakeholders
Leadership experience, including coaching, mentoring, and managing the work of other professionals
Preferred
Broad knowledge of project management principles and practices
Experience with business development analysis and performance monitoring
Ability to implement innovative solutions to enhance operational performance
Skilled in creating impactful financial reports and recommendations
Benefits
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
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 (subject to IRS earning minimums)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
Company
Medtronic
Medtronic is a healthcare technology company that designs and develops AI-based products and solutions for the medical industry.
10001+ employees
H1B Sponsorship
Medtronic has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (349)
2024 (387)
2023 (291)
2022 (310)
2021 (300)
2020 (261)
Funding
Current Stage
Public CompanyTotal Funding
$18.16BKey Investors
NHS EnglandBlackstone Life SciencesTrade Capital Funding
2025-09-15Post Ipo Debt· $1.76B
2024-05-29Post Ipo Debt· $3.24B
2023-03-23Post Ipo Debt· $2B
Leadership Team
Geoffrey Martha
CEO and Chairman Of The Board Of Directors
Linnea Burman
SVP & President, Neurovascular
Recent News
BioWorld Financial Watch
2026-01-25
Company data provided by crunchbase