Senior Principal IT Solution Architect Global Price Optimizer

Medtronic

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profile Job Location:

Fridley, MN - USA

profile Monthly Salary: $ 152800 - 229200
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

We anticipate the application window for this opening will close on - 17 Oct 2025


At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.

A Day in the Life

At Medtronic we bring bold ideas forward with speed and decisiveness to put patients first in everything we -person exchanges are invaluable to our work. Were working onsite 4 days a week as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. This role may require approximately 5% of travel to enhance collaboration and ensure successful completion of projects. The person in this role will work from the Medtronic facility located in Fridley Minnesota (U.S. Operational Headquarters) or Mounds View Minnesota.

The Global Pricing and Contracting IT team partners with several of the largest functions in our organization including our commercial pricing & contracting teams to build and grow systems to leapfrog the competition using rapidly evolving artificial intelligence and advanced analytics to set customer prices and create effective contracts. Our work matters because it is the insights gained from our systems that unlock Medtronics ability to maximize revenue and grow market share through effective pricing & contracting strategy. Learning this space is a pathway to nearly any commercial role you may have interest in as you will quickly learn the business get exposure to our products and product data and learn how we go-to-market globally.

The Global Price Optimizer Solution Architect is responsible for understanding pricing strategy integrating Pricing & Contracting ecosystems e2e to SAP suite such as Vistex SAP ECC/S4 to achieve Commercial pricing & contracting needs. You will keenly understand business needs and match them to IT solutions using your analysis skills to advocate for solutions that drive incremental value for customers and patients. As a team member on the Global Pricing and Contracting IT team you will work directly with pricing and contracting teams to build systems that maximize Medtronics ability to leverage advanced price science technology to digitalize pricing this role you will receive direction from and align your work with the Chief Architect to drive consistency across the global architecture.

We believe that when people from different cultures genders and points of view come together innovation is the result and everyone wins. Medtronic walks the walk creating an inclusive culture where you can thrive. Our unwavering commitment to inclusion diversity and equity (ID&E) means zero barriers to opportunity within Medtronic and a culture where all employees belong are respected and feel valued for who they are and the life experiences they contribute. We know equity starts beyond our workplace and we must play a role in addressing systemic inequities in our communications to achieve long-term sustainable impact. Anchored in our Mission we continue to drive ID&E forward both to enhance the well-being of Medtronic employees and to accelerate innovation that brings our lifesaving technologies to more people in more places around the world.

Bring your talents to an industry leader in medical technology and healthcare solutions were a market leader and growing every day. You can be proud to be a part of technologies that are rooted in our long history of mission-driven innovation. You will be empowered to shape your own career. We encourage and support your growth with the training mentorship and guidance you need to own your future success. Together we can transform healthcare. Join us for a career in IT that changes lives. Medtronic is committed to fostering a diverse and inclusive culture. Check out the accomplishments of our Women in IT group! THAT CHANGE LIVES
  • Defines describes diagrams and documents the role and interaction of the high-level technological and human components that combine to provide cost effective and innovative solutions to meet evolving business needs.
  • Promotes guides and governs good architectural practice through the application of well-defined proven technology and human interaction patterns and through architecture mentorship.
  • Supports the full lifecycle management of the entire IT portfolio including the selection appropriate usage enhancement and replacement of information technology applications infrastructure and services.

DESIGN & INTEGRATION

  • Architect and implement Price Optimizer solutions across pricing and contracting systems ensuring cohesive system integration.

TRUSTED ADVISOR

  • Bridge the gap between Pricing & Contracting and IT ensuring stakeholders understand how solutions and data drive business decisions.

TRANSLATOR

  • Convert business needs into solution architecture plans clearly explaining how solutions can be implemented.

DISCOVERY & DOCUMENTATION

  • Lead discovery sessions gather requirements and ensure thorough documentation.

COMPLIANCE OVERSIGHT

  • Ensure all solutions comply with regulatory and data privacy standards.

SUBJECT MATTER EXPERT

  • Provide guidance on pricing related solutions and best practices.

PROBLEM SOLVING

  • Analyze complex challenges and deliver clear actionable solutions.

PROCESS IMPROVEMENT

  • Identify opportunities for improvement and deliver more efficient ways of working.

COLLABORATION

  • Participate in agile meetings especially when addressing high-level architecture considerations.

CONTINUOUS LEARNING

  • Build expertise in Medtronics products customers and markets to deliver relevant solutions.

VALUE ADVOCACY

  • Evaluate Deal Price Optimizer price setting processes and champion IT solutions that add value for customers and patients.

MUST HAVE (Minimum Qualifications)

  • Bachelors degree
  • 10 years of experience with a bachelors degree or 8 years of experience with an advanced degree

NICE TO HAVE (Preferred Qualifications)

  • Strongly Preferred:
    • Solid understanding of system design and development lifecycles
    • Experience implementing technologies that span automation Pricing Quoting and Contracting
    • Experience in Quote-To-Cash transformation journey in at least 2 large implementation cycles
    • Experience with Quote-To-Cash software and IT SDLC lifecycle with a preference for candidates having technical development skillset in SAP ABAP Vistex
    • Technology: Able to read technical codes or sequence diagram and pseudo-code when necessary.
    • Solid background in Quote-To-Cash business analysis including use cases swim lanes story cards and value streams
  • Understanding of excel and how to extract/analyze data
  • Experience working in agile methodology
  • Experience defining new processes and improving existing processes
  • Demonstrated ability to solicit clear requirements; translate those requirements into technical specifications; and deliver accurate reliable solutions
  • Demonstrated ability to translate complex technical topics to business management and users
  • Self-motivated problem solver
  • Ability to navigate ambiguity quickly assessing opportunities and defining solutions
  • Ability to develop effective relationships with business users technical staff and executive management
  • Excellent communication skills matching appropriate content to different audiences
  • Ability to manage multiple priorities fluidly and without compromising stakeholder collaboration

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.

Salary ranges for U.S (excl. PR) locations (USD):$152800.00 - $229200.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The following benefits and additional compensation are available to those regular employees who work 20 hours per week: Health Dental and vision insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition assistance/reimbursement andSimple 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 matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-qualified Retirement Plan Supplement (subject to IRS earning minimums) andCapital 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

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 95000 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.

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 addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.


Required Experience:

Staff IC

We anticipate the application window for this opening will close on - 17 Oct 2025At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected c...
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Key Skills

  • Business Process
  • VMware
  • Cloud
  • HTML5
  • Windows
  • Project managements
  • AWS
  • Infrastructure
  • Web Services
  • JQuery
  • Java
  • Computer Engineering
  • Solutions design
  • Technical Solutions
  • Analytics

About Company

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About Medtronic Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an excit ... View more

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