Principal Financial Analyst Portfolio + Finance & Operations

Medtronic

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profile Job Location:

Minneapolis, MN - USA

profile Monthly Salary: $ 108000 - 162000
Posted on: 5 hours ago
Vacancies: 1 Vacancy

Job Summary

We anticipate the application window for this opening will close on - 23 Feb 2026


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 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.

We are looking for an experienced and accomplished professional to join our team as a Principal Financial Analyst - Portfolio Finance & Operations. This role is perfect for a recognized expert who excels at managing complex projects providing impactful financial solutions and shaping the strategic direction of the organization. As a Principal Financial Analyst you will take ownership of financial modeling analysis and planning to enable data-driven decision-making and drive organizational success.

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.

Required Qualifications

  • Mastery of financial analysis and modeling with full knowledge of industry practices.
  • Required education combined with relevant experience:
    • Bachelors degreeandminimum of 7 years of relevant experience or
    • Advanced degreewithminimum 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.

Nice-to-Have

  • 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.

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):$108000.00 - $162000.00

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 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 - 23 Feb 2026At 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

  • Cognos
  • Forecasting
  • Hyperion
  • Microsoft Access
  • Pivot tables
  • Accounting
  • Analysis Skills
  • Microsoft Excel
  • Financial Analysis
  • Financial Modeling
  • Budgeting
  • Financial Planning

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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