Principal Financial Analyst- Endoscopy US Commerical

Socket.dev; Mounds View (MN); On-site; USD 110,000 - 166,000; Full time

Benefits offered by this job

Health, Dental and vision insurance

Health Savings Account

Life insurance

Tuition assistance/reimbursement

Employee Stock Purchase Plan

Paid time off

Job summary

Medtronic is seeking a Principal Financial Analyst to serve as the primary finance partner for the U.S. Commercial organization. The role focuses on revenue forecasting, financial planning, scenario modeling, and performance analysis to drive growth, margin expansion, and inventory efficiency.

The position requires a bachelor's degree in finance or related field with 7+ years of finance experience, or an advanced degree with 5+ years. Onsite in Mounds View, Minnesota with four days in the office.

Qualifications

• Bachelor's degree in Finance, Accounting, or Business.
• MBA or CPA designation.
• Experience supporting forecasting, budgeting, financial planning, or performance analysis.
• Experience with financial modeling, variance analysis, and turning data into recommendations.
• Experience with SAP, Hyperion, BOXI, CMR, SPEND or similar systems.

Responsibilities

• Serve as the primary finance partner to U.S. Commercial leadership.
• Lead revenue forecasting activities, including monthly outlooks and annual planning.
• Develop scenario models and business cases for growth opportunities and investments.
• Analyze sales, profitability, pricing, and margin performance and provide recommendations.
• Support pricing strategies and margin improvement initiatives.
• Drive IBP activities including demand, supply alignment, and inventory management.
• Develop and maintain field revenue quota methodologies and reports.
• Improve forecasting and financial planning processes.

Skills

Forecasting

Budgeting

Financial modeling

Variance analysis

Excel

Cross-functional

Education

Bachelor's degree in Finance, Accounting, or Business

MBA or CPA designation

Tools

SAP

Hyperion

BusinessObjects (BOXI)

CMR

SPEND

Job description

We anticipate the application window for this opening will close on - 3 Oct 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

Endoscopy Finance supports the U.S. commercial business by providing financial planning, forecasting, performance analysis, and decision support that enable revenue growth, margin expansion, and effective resource allocation across the portfolio. The team partners closely with Commercial, Marketing, Operations, and Supply Chain leaders to translate business strategies into financial outcomes and drive data-informed decisions.

This role is based at the Medtronic campus in Mounds View, Minnesota and follows an onsite work model with a minimum of four days per week in the office. As a Principal Financial Analyst, you will serve as the primary finance business partner supporting the U.S. Commercial organization. This role is responsible for revenue forecasting, financial planning, scenario modeling, and performance analysis that inform strategic and operational decisions. You will work cross-functionally to identify growth opportunities, evaluate business risks, and support initiatives that improve revenue, margin, and inventory performance.

Responsibilities

• Serve as the primary finance partner to U.S. Commercial leadership, providing financial insights that support strategic and operational decision-making.
• Lead revenue forecasting activities, including monthly outlooks, annual planning, risk assessment, and opportunity identification.
• Develop scenario models and business cases to evaluate growth opportunities, investments, and commercial strategies.
• Analyze sales, profitability, pricing, and margin performance and provide actionable recommendations to business partners.
• Partner with Marketing and Operations teams to support pricing strategies and margin improvement initiatives.
• Support Integrated Business Planning (IBP) activities, including demand and supply alignment, inventory management, product lifecycle planning, and allocation decisions.
• Develop and maintain field revenue quota methodologies, performance reporting, and achievement analysis.
• Drive continuous improvement in forecasting, reporting, and financial planning processes to enhance decision quality and business performance.

Required Qualifications

• Bachelor's degree with 7+ years of finance and/or accounting experience, or an advanced degree with 5+ years of finance and/or accounting experience.
• Experience supporting forecasting, budgeting, financial planning, and business performance analysis.
• Experience developing financial models, conducting variance analysis, and translating data into business recommendations.
• Advanced proficiency in Microsoft Excel and financial reporting tools.
• Experience partnering with cross-functional stakeholders to support business decision-making.

Qualifications

• Bachelor's degree in Finance, Accounting, or Business.
• Master of Business Administration (MBA) or Certified Public Accountant (CPA) designation.
• Experience supporting commercial, sales, marketing, or revenue-focused business functions.
• Experience with SAP, Hyperion, BusinessObjects (BOXI), CMR, SPEND, or similar enterprise financial systems.
• Experience supporting Integrated Business Planning (IBP), pricing strategy, inventory management, or margin improvement 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.

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 - $165,600.00This 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, 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 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), 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

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.