Principal Financial Analyst

Medtronic; Minneapolis (MN); On-site; USD 110,000 - 165,000; Full time

Benefits offered by this job

Health, dental & vision insurance

401(k) with company match

Tuition assistance/reimbursement

Employee stock purchase plan

Job summary

Medtronic in Minneapolis is seeking a Principal Financial Analyst to drive automation and digital transformation within Global Supply Chain Finance. You will lead cross-functional programs, build scalable solutions, and deliver measurable improvements in financial processes across the organization.

The role emphasizes partnering with Finance, Supply Chain, and Digital Technology to standardize reporting, accelerate decision-making, and deploy AI-enabled workflows.

Qualifications

• Bachelor’s degree required.
• 7+ years in Finance/FP&A/Operations Finance/SCF/Consulting/Transformation.
• Experience with Power BI, Power Query, Tableau, Alteryx, SQL, Python, Snowflake or similar analytics tools.
• Strong financial planning/forecasting, modeling and business case development.
• Advanced Excel and data analysis skills.
• Experience with ERP systems and enterprise financial data.

Responsibilities

• Lead enterprise-wide automation and continuous improvement initiatives across Global SCF to transform financial processes.
• Identify, prioritize and deliver high-impact opportunities to reduce manual work and improve productivity.
• Partner with SCF, FP&A, Operations, and Digital Technology to define requirements and scalable solutions.
• Design, develop and deploy automated reporting, dashboards, data models, and workflow solutions.
• Champion adoption of AI, RPA, analytics, and digital tools to modernize finance processes.
• Build business cases and implementation strategies to secure stakeholder alignment and value realization.
• Lead process discovery, mapping, root-cause analysis and workshops to address inefficiencies and drive change.
• Measure and communicate business impact; provide regular updates to finance and leadership.
• Drive standardization and governance of financial processes across regions and units.
• Serve as SME on automation, financial systems and process optimization methodologies.
• Lead change management with training and stakeholder engagement for new tools.
• Influence cross-functional stakeholders to remove barriers and accelerate execution.
• Champion continuous improvement and digital transformation in finance.
• Own project delivery from concept to implementation, ensuring on-time, in-scope delivery with measurable impact.

Skills

Power BI

Power Query

Tableau

Alteryx

Redwood

Power Platform

SQL

Python

Snowflake

Education

Bachelor's degree

Tools

SAP

OneStream

Job description

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

This role is ideal for someone who enjoys solving complex business problems, leading cross-functional projects, leveraging technology and automation tools, and driving measurable business outcomes. The Principal Financial Analyst will play a critical role in identifying opportunities, building scalable solutions, and helping transform the way Finance operates globally. This aligns with the organization’s vision of simplifying global processes, expanding best-in-class technologies, and creating capacity for strategic value-added work.

Medtronic’s Global Supply Chain Finance organization is building the future of finance through automation, data-driven decision making, and continuous improvement. This team partners across Finance, Supply Chain, Operations, Digital Technology, and business teams to simplify processes, standardize reporting, implement automation solutions, and improve the quality and speed of financial insights.

This role is ideal for someone who enjoys solving complex business problems, leading cross-functional projects, leveraging technology and automation tools, and driving measurable business outcomes. The Principal Financial Analyst will play a critical role in identifying opportunities, building scalable solutions, and helping transform the way Finance operates globally. This aligns with the organization’s vision of simplifying global processes, expanding best-in-class technologies, and creating capacity for strategic value-added work.

Responsibilities may include the following and other duties may be assigned

• Lead and execute enterprise-wide automation and continuous improvement initiatives that transform financial processes, enhance operational efficiency, and create measurable business value across the Global Supply Chain Finance organization.
• Identify, prioritize, and deliver high-impact opportunities to eliminate manual activities, streamline workflows, strengthen controls, and increase organizational productivity.
• Partner strategically with Supply Chain Finance, FP&A, Operations, Supply Chain, and Digital Technology leaders to define business requirements, align priorities, and implement scalable, sustainable solutions.
• Design, develop, and deploy automated reporting, interactive dashboards, data models, and workflow solutions that improve visibility, accelerate decision-making, and enhance business performance.
• Champion the adoption of emerging technologies, including AI, robotic process automation (RPA), advanced analytics, and digital tools, to modernize finance processes and elevate decision support capabilities.
• Build compelling business cases and implementation strategies that secure stakeholder alignment, prioritize investments, and accelerate value realization.
• Lead process discovery, process mapping, root-cause analysis, and solution design workshops to uncover inefficiencies, solve complex business challenges, and drive transformational change.
• Measure, track, and communicate business impact, ensuring project benefits are realized and sustained while providing regular updates to finance and business leadership.
• Drive global process standardization and governance by establishing consistent financial processes, reporting frameworks, and best practices across regions and operating units.
• Serve as a trusted advisor and subject matter expert on automation, continuous improvement, financial systems, and process optimization methodologies.
• Lead change management and adoption efforts by developing training strategies, driving stakeholder engagement, and ensuring successful integration of new tools and processes.
• Influence and align cross-functional stakeholders across a complex global organization to remove barriers, accelerate execution, and deliver strategic business outcomes.
• Challenge existing processes and champion innovation by continuously identifying opportunities to improve efficiency, scalability, accuracy, and organizational effectiveness.
• Drive a culture of continuous improvement and digital transformation, empowering teams to embrace new technologies and ways of working that enhance business performance.
• Own project delivery from concept through implementation, ensuring initiatives are completed on time, within scope, and with measurable business impact.

Requisition Qualifications

• Bachelor’s degree required.
• Minimum of 7 years of relevant Finance, FP&A, Operations Finance, Supply Chain Finance, Consulting, Business Transformation, or Continuous Improvement experience.
• Experience with Power BI, Power Query, Tableau, Alteryx, Redwood, Power Platform, SQL, Python, Snowflake, or similar analytics tools.
• Strong financial planning and analysis background, including forecasting, planning, financial modeling, and business case development.
• Advanced Excel and data analysis skills.
• Experience working with ERP systems and enterprise financial data.

Preferred Qualifications

• Experience leading cross-functional projects from ideation through implementation.
• Demonstrated ability to analyze complex business processes and deliver measurable improvements.
• MBA, CPA, CMA, Lean Six Sigma, PMP, or equivalent certification.
• Experience with Supply Chain Finance, IBP, manufacturing finance, or operations finance.
• Experience implementing AI-enabled solutions, generative AI workflows, robotic process automation (RPA), or intelligent automation platforms.
• Knowledge of SAP, OneStream, or enterprise planning systems.
• Experience facilitating process improvement methodologies such as Lean, DMAIC, Kaizen, or A3 problem solving.
• Experience developing executive-level reporting and dashboards.
• Demonstrated track record of delivering productivity savings, cycle-time reductions, or financial process improvements.
• Experience operating in a global, matrixed organization.

Key Success Measures

• Productivity hours eliminated through automation.
• Reduction in manual reporting and process cycle times.
• Improvement in reporting quality, accuracy, and timeliness.
• Adoption rates of new tools and processes.
• Project delivery against scope, timeline, and business case objectives.
• Stakeholder satisfaction and business impact generated through completed initiatives.

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.

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services 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 exciting and rewarding place to be.

We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.

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.

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.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Recruitment Fraud Alert

We are aware of phishing scams targeting job seekers. Please keep the following in mind:

Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses.

Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate.

If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments.

If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at [e-mail].

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):$110,400.00 - $165,600.00

Pay range / Rango salarial / Intervalo salarial /Fascia retributiva / Tranche de salaire / Gehaltsband / Salaribereik: Czechia: 1,320,000.00 CZK - 1,980,000.00 CZK | Netherlands: 84,320.00 EUR - 126,480.00 EUR |

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 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)

The following benefits and additional compensation are available to all regular employees:

• 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 (subject to IRS earning minimums)
• Capital 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

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.

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 find here 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.