Principal Financial Analyst - Brain Modulation

Medtronic; Minneapolis (MN); On-site; USD 110,000 - 166,000; Full time

Job summary

Medtronic, a global healthcare technology leader, seeks a Finance professional to support Brain Modulation with comprehensive financial analysis, forecasting, and strategic decision guidance. This on-site role emphasizes cross-functional collaboration and presenting insights to leadership.

You will drive AOP, budgets, and latest estimates, while partnering with marketing and therapy leaders to evaluate investments and shape portfolio strategy.

Qualifications

• Bachelor’s Degree with 7+ years in Finance/Accounting.
• Or advanced degree with 5+ years.
• CPA or MBA in relevant areas.
• Experience with Hyperion, SAP, Anaplan.
• Medical device or healthcare industry experience.
• Strong analytical and problem-solving skills; translate data into insights.
• Strong consultative skills; articulate outcomes to leaders.
• Proficient in Microsoft Excel, Word, PowerPoint.

Responsibilities

• Prepare comprehensive financial analysis and presentations for leadership and help interpret financial results for both finance and business teams. Develop and monitor AOP, forecasts and latest best estimates, ensuring accurate financial projections.
• Conduct in-depth financial analysis to guide strategic decision-making and provide recommendations and influence the future direction of Brain Modulation.
• Investigates financial results, prepares, and assists in the production of key month-end close activities.
• Support Brain Modulation Core Teams, project accounting processes, system, and reporting.
• Attend and support IBP and PRC meetings and facilitate strategic discussions on portfolio gaps.
• Communicate effectively and deliver presentations to influence across the organization to meet enterprise goals.
• Partner with marketing and therapy director to evaluate investment opportunities.
• Lead or support ad-hoc projects requiring high financial and business acumen.
• AdHoc analysis and business partner support.

Skills

Financial analysis

Forecasting

Strategic decision support

Communication to leadership

Cross-functional collaboration

Education

Bachelor's Degree

Advanced Degree

Tools

Hyperion

SAP

Anaplan

Job description

We anticipate the application window for this opening will close on - 21 Aug 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

In this business-critical role, you will be a part of Neuromodulation Finance team, responsible for supporting all financial aspects of strategic market development, product development and released product management. The Brain Modulation business competes in dynamic market supporting patients with Deep Brain Stimulation therapy and MRI-guided laser ablation technology in thermal ablation for cranial neurosurgery.

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re 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:

• Prepare comprehensive financial analysis and presentations for leadership and help interpret financial results for both finance and business teams. Develop and monitor AOP, forecasts and latest best estimates, ensuring accurate financial projections.
• Conduct in-depth financial analysis to guide strategic decision-making and provide recommendations and influence the future direction of Brain Modulation.
• Investigates financial results, prepares, and assists in the production of key month-end close activities
• Support Brain Modulation Core Teams, project accounting processes, system, and reporting
• Attend and support certain IBP and PRC meeting and facilitate strategic discussions on key decisions/gaps in the portfolio
• Communicate effectively, deliver clear presentations including effectively influencing up, down and across the organization to implement enterprise goals and initiatives.
• Partner with marketing and therapy director to evaluate investment opportunities.
• Lead and evaluate analysis to draw conclusions and develop insightful recommendations and solutions; design deliverable content for executive level presentations.
• Lead or support key ad-hoc projects, including key financial lead on multi-function projects that require a high level of financial and business acumen.
• AdHoc analysis and business partner support

Minimum Requirements

• Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)

Nice to Have

• CPA or MBA in relevant areas
• Experience with Hyperion, SAP, and Anaplan
• Medical device or healthcare industry experience
• Strong analytical and problem-solving skills including the ability to identify key trends and drivers and the proven experience translating financial data into meaningful, concise information
• Strong consultative skills and ability to articulate outcomes of analysis and relevant insights to business leaders and internal customers
• Experience with Microsoft Excel, Word, PowerPoint

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.

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.

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.

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

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, and 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), and 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.