Principal Financial Analyst FP&A Volume

Medtronic; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Principal Financial Analyst to join their Global Operations and Supply Chain team. This role involves leading the analysis and reporting of volume KPIs, providing mentorship to team members, and collaborating with various stakeholders to transform data into actionable insights. The ideal candidate will possess a strong finance background, excellent communication skills, and the ability to thrive in a fast-paced environment. Join a company dedicated to innovation and healthcare equity, where your expertise will contribute to meaningful change in the industry.

Benefits

Flexible Benefits Package

Medtronic Incentive Plan (MIP)

Career Development Resources

Health and Wellness Programs

Qualifications

• 7+ years of experience in Finance/Accounting or 5+ years with a Master's Degree.
• Professional Accountancy qualification preferred for this role.

Responsibilities

• Lead consolidation and analysis of volume KPIs for EMEA manufacturing sites.
• Provide guidance and mentorship to other team members in FP&A.

Skills

Finance

Accounting

Analytical Skills

Communication Skills

Project Management

Problem-Solving

Strategic Thinking

Collaboration

Education

Bachelor's Degree in Finance or Accounting

Master's Degree in Finance or Accounting

Professional Accountancy Qualification (ACCA, CPA, etc.)

Tools

Microsoft Excel

PowerPoint

BI and Reporting Systems

OneStream

Job description

At Medtronic, you can begin a lifelong career of exploration and innovation while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

A key member of the Global Operations and Supply Chain (GOSC) FP&A Volume team at Medtronic, with primary responsibility for partnering with the EMEA manufacturing platform. The Principal Financial Analyst is responsible for planning, analyzing, and reporting on volume KPIs, while providing coaching and mentorship to team members. This position reports to the Financial Planning & Analysis Senior Manager.

Come for a job, stay for a career!

A Day in The Life Of:

• Serve as the key FP&A contact for manufacturing sites across the EMEA region, focusing on volume KPIs, as part of the GOSC FP&A Volume Team.
• Lead the consolidation, review, and analysis of weekly volume KPIs for EMEA manufacturing sites. Investigate drivers of variances (e.g., absorption, product mix) and escalate concerns proactively.
• Provide guidance, coaching, and training to other Volume Team members. Review their work and support their development and quality outcomes.
• Partner with Data & Analytics teams to ensure alignment between online reporting tools (e.g., Weekly Volume Absorption dashboards) and weekly EMEA volume reporting. Analyze and deliver insights from reports.
• Collaborate with Manufacturing Site Operations & Finance partners and Global Manufacturing FP&A teams to create analyses, processes, and presentation content that transform data into actionable insights influencing financial performance.
• Act as a strategic business partner to EMEA Platform sites, delivering insights and understanding of volume drivers, absorption trends, earned hours, and production units.
• Lead volume assumption planning for the Annual Operating Plan and quarterly forecasts, owning detailed volume KPI planning in tools like OneStream.
• Identify and communicate risks and opportunities in the forecast by analyzing expected changes and emerging trends.
• Support the development of best practices in Volume KPI planning, analysis, and reporting.
• Lead initiatives to identify, recommend, and implement process improvements and simplifications.
• Complete ad-hoc analysis and data requests for internal customers as needed.

Key Skills & Experience

• Bachelor’s Degree with 7+ years of experience in Finance and/or Accounting, or a Master’s Degree with 5+ years.
• Professional Accountancy qualification (e.g., ACCA, ACA, CPA, CIMA).
• Excellent communication and interpersonal skills, with the ability to influence stakeholders, including senior leadership.
• Strong analytical and quantitative skills, especially variance analysis.
• Ability to work independently in a fast-paced environment, managing multiple priorities.
• Effective collaboration skills across time zones and geographies.
• Problem-solving and strategic thinking abilities.
• Project management and change management skills.
• Intermediate to advanced skills in Microsoft Excel and PowerPoint.
• Experience with BI and reporting systems is advantageous.
• Ability to navigate multiple financial systems, ERPs, and currencies.
• Manufacturing Finance support and/or Cost Accounting experience is preferred, focusing on FP&A.

Benefits and Compensation

Medtronic offers a competitive salary and flexible benefits package. We value our employees’ contributions and support them through a wide range of resources and compensation plans. This position is eligible for the Medtronic Incentive Plan (MIP).

About Medtronic

We lead global healthcare technology, tackling the most challenging health problems with innovative solutions. Our mission is to alleviate pain, restore health, and extend life, driven by a passionate team of over 95,000 employees worldwide. We are engineers at heart—creating solutions from R&D to manufacturing to clinical application. Learn more about our commitment to diversity here.