Principal Financial Analyst – Service & Repair Finance Process Improvement

KRK Medtronic BV (NLT); Onderste Caumer; On-site; EUR 84,000 - 126,000; Full time

Benefits offered by this job

Medtronic Incentive Plan (MIP)

Job summary

Medtronic is seeking a Principal Financial Analyst to lead Service & Repair finance process improvement on a global scale. You will act as a finance SME, connecting accounting requirements with SAP capabilities to simplify processes and strengthen controls.

You will drive harmonisation, automation, and continuous improvement across Finance, IT, Operations, and Global Process Owners while improving month-end close and data quality through robust governance and performance metrics.

Qualifications

• 8–10 years of progressive experience in finance, accounting, controllership or process improvement.
• Strong knowledge of accounting processes within an ERP environment (preferably SAP).
• Experience leading global process harmonisation, automation, and continuous improvement initiatives.
• Excellent communication and stakeholder-management skills across regions in a global matrix environment.

Responsibilities

• Act as a global subject matter expert for Service & Repair accounting processes.
• Analyze end-to-end finance processes and SAP transaction flows to identify gaps and improve data quality.
• Translate requirements into design documents, testing scenarios, and control documentation.
• Lead or support SAP improvements including master data, postings, account determination, and interfaces.
• Drive harmonisation of accounting processes across regions and establish governance.

Skills

Finance process improvement

Stakeholder management

Data analysis

Education

ACA/ ACCA/ CPA/ CMA or equivalent

Bachelor’s degree in Accounting, Finance, Business Administration, Information Systems or related field

Tools

SAP

Power BI

Power Query

SQL

Excel

Job description

Principal Financial Analyst – Service & Repair Finance Process Improvement

Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

A Day in the Life At Medtronic, we are committed to improving healthcare through innovative medical technologies that help people live healthier lives. As a global leader in healthcare technology, our products and solutions make a meaningful difference for patients and healthcare professionals around the world.

As a Principal Financial Analyst – Service & Repair Finance Process Improvement, you will act as a global finance subject matter expert, improving and standardising accounting and finance processes supporting the Service & Repair organisation. You will connect accounting requirements, business operations, data and SAP capabilities to simplify processes, improve data quality and strengthen financial controls. Working across Finance, Accounting, Operations and IT, you will lead process improvements, automation and harmonisation initiatives in a complex global environment.

Responsibilities may include the following and other duties may be assigned: Act as a global subject matter expert for Service & Repair accounting processes, including service orders, repairs, parts and inventory, revenue and costs, warranty, intercompany activities, accruals and month-end close. Analyse end-to-end finance processes and SAP transaction flows to identify gaps, manual activities, control weaknesses, data-quality issues and opportunities for improvement. Translate business and accounting requirements into clear process designs, functional requirements, testing scenarios, procedures and control documentation. Lead or support SAP improvements covering master data, automated postings, account determination, workflows, interfaces, reporting and exception handling. Drive harmonisation of accounting processes across regions, balancing global standards with appropriate local requirements. Partner with Finance, Accounting, IT, Operations, Global Process Owners and other stakeholders to implement practical, compliant and sustainable solutions. Improve month-end and year-end processes by reducing manual work, strengthening reconciliations and resolving recurring issues through root-cause analysis. Establish process governance and performance measures, provide management reporting and recommendations, and identify further opportunities for standardisation, automation and continuous improvement.

Required Knowledge and Experience: 8–10 years of progressive experience in finance, accounting, controllership, finance transformation or process improvement. Strong knowledge of accounting processes within an ERP environment, preferably SAP, including General Ledger, automated postings, account determination, reconciliations and financial reporting. Solid understanding of service operations, repair, aftermarket, field service, inventory, parts, warranty or similar transaction-intensive business models. Proven ability to lead or contribute to global process harmonisation, finance transformation, automation or continuous‑improvement initiatives. Strong process analysis and problem‑solving skills, including documenting current and future processes, defining requirements and performing root‑cause analysis. Understanding of financial controls, compliance requirements and the impact of process and system changes on financial reporting. Strong Excel skills and confidence working with large or complex financial and operational datasets. Excellent communication and stakeholder‑management skills, with the ability to influence across functions, regions and levels in a global matrix environment.

Preferred Qualifications: SAP implementation, testing, release management or issue‑resolution exposure. Familiarity with Power BI, Power Query, SQL, data visualisation or similar analytical tools. Background in finance transformation, shared services or global process ownership. Professional qualification such as ACA, ACCA, CPA, CMA or equivalent. Experience working with Service & Repair, field service, aftermarket or medical device operations. Ability to translate complex accounting and SAP topics into clear business implications and practical actions. Experience developing training materials, procedures and change‑management communications. Bachelor’s degree in Accounting, Finance, Business Administration, Information Systems or a related field.

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.

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. Pay range / Rango salarial / Intervalo salarial /Fascia retributiva / Tranche de salaire / Gehaltsband / Salaribereik: Netherlands: 84,320.00 EUR - 126,480.00 EUR | The final salary within this range will be determined based on objective, job‑related criteria, including relevant experience, skills and qualifications, in accordance with our compensation framework. This position is eligible for a short‑term incentive called the Medtronic Incentive Plan (MIP).

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 95,000+ 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. We change lives. Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives. We build extraordinary solutions as one team. With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough. This life‑changing career is yours to engineer. By bringing your ambitious ideas, unique perspective and contributions, you will… Build a better future, amplifying your impact on the causes that matter to you and the world Grow a career reflective of your passion and abilities Connect to a dynamic and inclusive culture that welcomes the challenge of life‑long learning These commitments set our team apart from the rest: Experiences that put people first. Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career‑building resources you need. Life‑transforming technologies. No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms. Better outcomes for our world. Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls. Insight‑driven care. Fresh viewpoints. Cutting‑edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care 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 law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support. This employer participates in the federal E‑Verify program to confirm the identity and employment authorization of all newly hired employees.