Principal Financial Analyst

Medtronic

. Develop a deep understanding of product costs and key drivers of cost .

Posted 10/9/2026full-timeMinneapolis • Minnesota • United StatesLead💰 $110,400 - $165,600 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates strong analytical and financial modeling skills to drive insights and improve operational performance, leveraging tools like SAP and GAAP knowledge. Proven ability to collaborate cross-functionally and influence outcomes through data-driven recommendations.

Highest-signal resume keywords

Financial ModelingSAP ExperienceGAAP KnowledgeCost AnalysisCross-Functional Collaboration

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Financial AnalysisCost Savings IdentificationData SummarizationForecast AccuracyProject Accounting

Soft Skills

Problem-SolvingInfluencing OutcomesCollaboration

Tools & Technologies

SAPBPCSHyperion SpendCMR

Certifications & Qualifications

MBACPACMA

Industry Keywords

Generally Accepted Accounting PrinciplesFinancial Performance CommentaryManufacturing EnvironmentOperational Performance

About the role

Key responsibilities & impact

Develop a deep understanding of product costs and key drivers of cost
Gather historical information and summarize data to highlight gross margin trends
Work cross functionally to collaborate and align strategies across GOSC and the Medical Surgical Portfolio teams
Lead OU presentation of the GOSC impact on Gross Margin analysis
Provide financial performance commentary to various levels of management
Partner cross functionally in support of the AOP and quarterly forecasts
Ensure forecasts are accurate by OU and allocations/targets are clearly understood and consistently applied
Work with OUs and Portfolio to increase visibility to cost drivers within the cost pools
Identify opportunities for cost savings
Lead cost roll reconciliation for specific OUs within the MedSurg Portfolio
Summarize the impact of cost changes and review it with cross functional teams

Requirements

What you’ll need

Bachelor's degree and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience
Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP)
Proven experience leveraging SAP, BPCS, Hyperion Spend, CMR, or similar enterprise systems to drive financial insights and business performance
Strong analytical, financial modeling, and problem-solving capabilities
Ability to influence outcomes through data-driven recommendations
MBA, CPA, and/or CMA certification preferred
Working knowledge of Project Accounting and financial controls
Experience partnering with operations teams within a manufacturing environment to improve financial and operational performance
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
For the Minneapolis location, ability to work onsite 4 days per week and remotely 1 day per week
No relocation assistance available
U.S. work authorization and sponsorship conditions apply

Benefits

Comp & perks

Competitive salary and flexible Benefits Package
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
Simple Steps (global well-being program)
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
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
Temporary employees are eligible for paid sick time, as required under applicable state law
Temporary employees are eligible for the Employee Stock Purchase Plan