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

As part of Medtronics Global Finance organization the treasury team drives the companys capital structure strategy funding liquidity and financial risk management. We execute across global debt and equity markets manage cash and liquidity worldwide and partner with leading banks credit rating agencies and internal stakeholders to support Medtronics financial strength and strategic objectives.

At Medtronic we act boldly in new ways bringing creativity innovation and decisive execution to advance healthcare. Treasury plays a critical role in this mission delivering innovative financial strategies that sustain growth protect resilience and enable us to put patients first.

The Principal Treasury Analyst is a highly visible role responsible for day-to-day execution of core capital markets and liquidity activities while also providing strategic analysis building advanced analytical models and delivering executive-ready presentations to treasury leadership and executive management. This individual will directly manage Medtronics commercial paper program support bond issuance and liability management optimize global cash and liquidity lead the companys net investment hedging program and execute shareholder return strategies such as dividends and share repurchases.

The role requires strong analytical acumen expertise in complex financial modeling the ability to create clear compelling presentations a strong operational mindset and effective relationship-building capabilities.

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 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 may include the following and other duties may be assigned:

Capital Structure & Funding

• Direct the commercial paper program acting as the primary short-term debt issuer and managing relationships with a network of top global banks.

• Run the share repurchase program and contribute to dividend policy overseeing execution of both structured and open-market buybacks.

• Lead the Net Investment Hedging program executing foreign currency forward contracts collar structures and cross-currency swaps.

• Support bond issuance refinancing and liability management strategies ensuring covenant compliance accurate documentation and regulatory alignment.

• Oversee the revolving credit facility including bank group composition compliance and strategic alignment of relationship banks with current and future needs.

Forecasting and Modeling

• Lead FP&A partnership on interest income and expense planning driving the annual operating plan multi-quarter forecasts (7- and 10-quarter outlooks) strategic cycles and monthly forecast updates.

• Enhance analytical models document forecast assumptions and maintain supporting files - ensuring transparency accuracy and ease of use.

• Investigate and implement process improvements introducing new methodologies automation and modeling techniques to elevate accuracy and efficiency.

• Serve as the enterprise capital structure modeler designing and running scenario analyses on debt leverage dividend policy share repurchase plan and bond refinancing initiatives providing forward-looking insights that help guide decision-making in dynamic market conditions.

Relationship Management

• Partner with treasury leadership to manage the global banking network assessing enterprise needs and aligning them with banks best positioned to deliver. Support negotiations and drive initiatives that span all treasury teams.

• Collaborate with the treasury team on the annual assessment of banking partners by compiling performance data (quantitative and qualitative) and providing structured feedback to maximize value from these relationships.

• Support credit rating agency interactions including preparing materials and analysis for semiannual and periodic reviews.

Digital Transformation & Innovation

• Support Finances holistic digital transformation by supporting treasury workstream-leader in assessing current processes and technology identifying pain points and recommending new solutions and technologies such as AI RPA and automation tools.

• Drive enhancements to treasurys reporting and forecasting processes by conceptualizing building and implementing data-driven solutions and advanced modeling approaches.

Modeling Analysis & Leadership

• Develop and maintain complex financial models to support financing interest income/expense liability management net investment hedging capital allocation and capital structure strategies.

• Monitor global financial markets and distill insights into actionable recommendations for treasury leadership and executive leaders. Perform refinancing analysis monitor yield curves and credit spreads and provide liability management recommendations.

• Prepare and deliver polished high-impact PowerPoint presentations for treasury leadership CFO FP&A investor relations external reporting tax the board of directors and external stakeholders.

• Promote continuous improvement standardization of templates and process documentation.

• Provide leadership coaching and support to junior treasury team members.

Must Have: Minimum Requirements

• Bachelors Degree with 7 years of finance treasury or accounting experience (or advanced degree with 5 years of finance treasury or accounting experience).

Nice to Have

• Ability to thrive in a fast-paced environment managing multiple high-impact priorities with attention to detail.

• Advanced proficiency in Microsoft Excel and PowerPoint.

• Exceptional financial modeling forecasting and scenario analysis capabilities.

• Bachelors degree in finance accounting or economics; MBA CPA or CFA designation.

• Knowledge of capital markets corporate finance and global liquidity management.

• Experience with Medtronic technology platforms (SAP OneStream Ion Reval FIS).

• Strong interpersonal skills with ability to quickly build relationships and influence stakeholders.

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.

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.