Principal Financial Analyst - Brain Modulation at Medtronic in Minneapolis, Minnesota, United States of America

Job description

• In this business-critical role, you will be a part of Neuromodulation Finance team, responsible for supporting all financial aspects of strategic market development, product development and released product management. The Brain Modulation business competes in dynamic market supporting patients with Deep Brain Stimulation therapy and MRI-guided laser ablation technology in thermal ablation for cranial neurosurgery.
• 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.

Responsibilities

• Responsibilities may include the following and other duties may be assigned:
• Prepare comprehensive financial analysis and presentations for leadership and help interpret financial results for both finance and business teams. Develop and monitor AOP, forecasts and latest best estimates, ensuring accurate financial projections.
• Conduct in-depth financial analysis to guide strategic decision-making and provide recommendations and influence the future direction of Brain Modulation.
• Investigates financial results, prepares, and assists in the production of key month-end close activities
• Support Brain Modulation Core Teams, project accounting processes, system, and reporting
• Attend and support certain IBP and PRC meeting and facilitate strategic discussions on key decisions/gaps in the portfolio
• Communicate effectively, deliver clear presentations including effectively influencing up, down and across the organization to implement enterprise goals and initiatives.
• Partner with marketing and therapy director to evaluate investment opportunities.
• Lead and evaluate analysis to draw conclusions and develop insightful recommendations and solutions; design deliverable content for executive level presentations.
• Lead or support key ad-hoc projects, including key financial lead on multi-function projects that require a high level of financial and business acumen.
• AdHoc analysis and business partner support
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Requirements

• Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)
• CPA or MBA in relevant areas
• Experience with Hyperion, SAP, and Anaplan
• Medical device or healthcare industry experience
• Strong 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
• Strong consultative skills and ability to articulate outcomes of analysis and relevant insights to business leaders and internal customers
• Experience with Microsoft Excel, Word, PowerPoint
• 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.

Skills

Required

• Financial analysis
• Accounting
• Forecasting
• Budgeting (AOP)
• Month-end close
• Project accounting
• Presentation skills
• Strategic decision-making
• Business partnering

Preferred

• Hyperion
• SAP
• Anaplan
• Microsoft Excel
• Microsoft Word
• Microsoft PowerPoint

Benefits

• 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.
• Medtronic benefits and compensation plans