Principal Financial Analyst

We anticipate the application window for this opening will close on - 27 Apr 2026 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 We are seeking a Principal Financial Analyst to join our Enterprise Operations Finance team. This role is designed to lead strategic financial initiatives, including business case development, forecasting, and analytical processes. The position plays a critical role in delivering on financial commitments while driving continuous improvement, standardization, and efficiency across a strategic portfolio. 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 (Fridley, MN) as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. Relocation assistance is not available for this position Responsibilities may include the following and other duties may be assigned: Lead and support strategic financial projects, including business case development and investment analysis Critical thinking and analysis required to challenge cost and savings assumptions Partner with cross-functional teams to provide financial insights and decision support Develop and maintain financial models, trends, and study subjects such as rates of return, working capital, cash flow, investments, etc. Drive, implement, and support continuous improvements in reporting processes to focus on value creation activities. Support annual strategic planning, budgeting, and forecasting processes. Prepare presentations of financial results for Monthly Financial Reviews, Quarterly Business Reviews, and Program reviews. Required Knowledge and Experience: Bachelor's degree and minimum of 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience. Nice to Have: Is a collaborator with excellent verbal and written communication skills Comfort with ambiguity and change management Strong ability to partner with senior leadership and others, facilitates decision-making activities, builds relationship networks at all levels, and leads change Strong analytical and critical thinking skills including the ability to identify key trends and drivers and the proven experience translating financial data into meaningful, concise information Strong quantitative and analytical skills for creating actionable insights and analysis Expertise in Microsoft Office, especially advanced Excel modeling experience and PowerPoint. This includes creating pivot tables, VLOOKUPS, SUMIFS, NPV/IRR, and other complex functions Experience operating in a complex matrixed environment and interacting across levels and organizations Good judgment, problem-solving skills, tact, and discretion in identifying and resolving issues within established guidelines Strong communication, interpersonal, and influence management skills MBA or Advanced Degree Operations Finance experience Cost Accounting experience Experience with Medtronic financial systems For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 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 j ... (truncated, view full listing at source)